AI
EU to unveil new AI strategy to reduce dependence on US and China: FT
The EU plans to launch a fresh strategy to boost locally developed AI platforms, aiming to compete with tech leaders like the US and China. Called the "Apply AI strategy", the proposal encourages the use of European AI tools across key areas such as healthcare, defence, and manufacturing.
When AI came for Hollywood
Emily Blunt expressed alarm after learning that rising “actress” Tilly Norwood is actually AI. Speaking on a podcast, she called the development terrifying. Created to rival real stars like Scarlett Johansson, Tilly’s rise has triggered concern in Hollywood, where many fear losing roles to lifelike digital creations.
Comet browser can help companies to hire less, says Perplexity CEO
Perplexity's Comet browser, designed as an autonomous personal assistant to boost productivity, was made free for all users. The company also launched Comet Plus, a new $5 monthly news subscription featuring content from major publishers who will be compensated from a $42.5 million revenue pool for user engagement.
Bezos says AI spending boom is a bubble that will pay off
Jeff Bezos warns that current AI spending resembles an "industrial bubble," where both good and bad ideas receive funding, potentially leading to lost investments. However, he asserts AI will profoundly change every industry and boost global productivity. Bezos believes society will ultimately reap gigantic benefits from AI's innovations, urging a long-term perspective amidst the excitement.
OpenAI's Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reports
OpenAI CEO Sam Altman is reportedly seeking global financing and manufacturing partners across East Asia and the Middle East to meet the company's computing capacity demands. He has held discussions with major suppliers like TSMC, Foxconn, Samsung, and SK Hynix since late September to boost AI chip production and secure priority orders for OpenAI.
OpenAI acquires AI-led finance app Roi in personalisation push
This deal, the terms of which were not disclosed, follows OpenAI's acquihiring Context.ai, Crossing Minds, and Alex this year. Roi will end its service to customers on October 15.
Sora Update: OpenAI to share revenue with rightsholders, introduces controls on character use
OpenAI, which recently unveiled its social media app Sora that allows users to create and share short AI-generated videos, is looking to introduce monetisation for the copyright owners on the platform. It directly takes on platforms such as TikTok, YouTube Shorts, and Instagram Reels.
OpenAI's Sora makes disinformation extremely easy and extremely real
OpenAI's new Sora app generates strikingly realistic AI videos of fake events, from ballot fraud to city street attacks, raising alarm among experts. Despite some safeguards, the app's ability to create convincing disinformation poses significant risks to democracy, consumer trust, and the perception of reality, making it increasingly difficult to discern truth from fabrication.
Meet Rahul Patil, the new CTO of AI firm Anthropic
Before joining Anthropic, Patil held multiple roles including deputy CTO, CTO, and head of infrastructure and global operations during his five-year stint at digital payments firm Stripe. In his new role, Patil will reportedly look at the engineering side of the firm including compute and infrastructure.
ETtech Explainer: Inside the OpenAI–Elon Musk drama
Elon Musk, founder of AI startup xAI, is in a public and legal battle with Sam Altman, head of OpenAI. Once collaborators, their feud now threatens OpenAI’s progress amid the growing AI race. ET takes a look at how this rivalry began and has unfolded over time.
