Google is establishing a $20 million fund to promote responsible AI through its charitable arm, Google.org. The investment will provide grants to academics and think tanks as part of the company’s new Digital Futures Project, announced on the eve of today’s private meeting between Congress and AI-focused tech giants. “AI has the potential to make our lives easier and address some of society’s most complex challenges — like preventing disease, making cities work better and predicting natural disasters. But it also raises questions about fairness, bias, misinformation, security and the future of work,” Google said. Continue reading Google Digital Futures Project Pumps $20M into Responsible AI

Microsoft says it will assume legal responsibility for commercial customers who get sued for copyright infringement as a result of the company’s AI Copilot product services. A new initiative called the Copilot Copyright Commitment is designed to provide peace of mind to Microsoft business users as more copyright holders challenge the handling of protected works by the companies building AI models. “If a third party sues a commercial customer for copyright infringement for using Microsoft’s Copilots or the output they generate, we will defend the customer” and pay any resulting fees, including settlements, Microsoft says. Continue reading Microsoft Copilot AI Customers Shielded from Legal Exposure

Financial software giant Intuit is adding a customer-facing AI assistant to work with individuals and small businesses. Intuit Assist is being integrated across Intuit products starting with TurboTax and expanding to QuickBooks, Credit Karma and Mailchimp. Assist will be embedded across Intuit’s products via a common user interface, allowing customers to get personalized recommendations via contextual datasets. The generative AI assistant was built using Intuit’s Generative AI Operating System, a proprietary corporate model dubbed GenOS, launched in June. Intuit is working with OpenAI to accelerate GenAI app development on GenOS. Continue reading Intuit’s GenOS Spawns Its First Customer AI Product: ‘Assist’

Hugging Face has collected $235 million in an investment round that includes contributions from Amazon, IBM, Google, Nvidia, Salesforce, AMD, Intel and Qualcomm. The New York-based startup creates and distributes open-source tools for artificial intelligence development, carving an AI-centric niche similar to the more general programming approach taken by the Microsoft-owned GitHub. The incoming cash infusion — earmarked for talent recruitment — gives Hugging Face a lofty $4.5 billion valuation that experts say indicates momentum for open source in what has to date been a highly competitive AI sector. Continue reading Big Tech Firms Propel Hugging Face to $4.5 Billion Valuation

Nvidia announced Q2 revenue of $13.51 billion, a 101 percent year-over-year increase that sets a new company record. The data center division — which accounts for the majority of AI chip sales — also established a new benchmark: $10.32 billion in Q2, a 171 percent leap over the prior fiscal Q2. Nvidia projects that revenue for the current quarter will hit $16 billion — about $3.5 billion above analysts’ expectations. Nvidia chips power OpenAI’s popular ChatGPT and other generative AI and cloud computing apps from companies including Amazon, Google, Meta Platforms, Microsoft and VMWare. Continue reading Demand for AI Chips Drives Nvidia to Revenue Record in Q2

Meta Platforms is releasing SeamlessM4T, the world’s “first all-in-one multilingual multimodal AI translation and transcription model,” according to the company. SeamlessM4T can perform speech-to-text, speech-to-speech, text-to-speech, and text-to-text translations for up to 100 languages, depending on the task. “Our single model provides on-demand translations that enable people who speak different languages to communicate more effectively,” Meta claims, adding that SeamlessM4T “implicitly recognizes the source languages without the need for a separate language identification model.” Continue reading Meta’s Multimodal AI Model Translates Nearly 100 Languages

Newsrooms can potentially benefit greatly from AI language models, but at this early stage they’ve begun laying down boundaries to ensure that rather than having their data coopted to build artificial intelligence by third parties they’ll survive long enough to create models of their own, or license proprietary IP. As industries await regulations from the federal government, The New York Times has proactively updated its terms of service to prohibit data-scraping of its content for machine learning. The move follows a Google policy refresh that expressly states it uses search data to train AI. Continue reading The New York Times Looks to Protect IP Content in Era of AI

After announcing a partnership with OpenAI last month, the Associated Press has issued guidelines for using generative AI in news reporting, urging caution in using artificial intelligence. The news agency has also added a new chapter in its widely used AP Stylebook pertaining to coverage of AI, a story that “goes far beyond business and technology” and is “also about politics, entertainment, education, sports, human rights, the economy, equality and inequality, international law, and many other issues,” according to AP, which says stories about AI should “show how these tools are affecting many areas of our lives.” Continue reading AP Is Latest Org to Issue Guidelines for AI in News Reporting

OpenAI has shared instructions for training to handle content moderation at scale. Some customers are already using the process, which OpenAI says can reduce time for fine-tuning content moderation policies from weeks or months to mere hours. The company proposes its customization technique can also save money by having GPT-4 do the work of tens of thousands of human moderators. Properly trained, GPT-4 could perform moderation tasks more consistently in that it would be free of human bias, OpenAI says. While AI can incorporate biases from training data, technologists view AI bias as more correctable than human predisposition. Continue reading OpenAI: GPT-4 Can Help with Content Moderation Workload

The White House has unveiled plans for a two-year competition with $18.5 million in prizes for artificial intelligence coders who can come up with ways to identify and fix software vulnerabilities in critical infrastructure code, such as that which runs the Internet. Styled AIxCC, the AI Cyber Challenge is being led by the Defense Advanced Research Projects Agency (DARPA) with support from companies including Anthropic, Google, Microsoft and OpenAI, who have committed to lending expertise and technology. Up to seven small businesses will potentially receive $1 million each to participate. Continue reading White House Launches $20 Million AI Cybersecurity Challenge

Meta Platforms is releasing AudioCraft, a generative AI framework that creates “high-quality,” “realistic” audio and music from text prompts. AudioCraft consists of three models: MusicGen, AudioGen and EnCodec, all of which Meta announced it is open-sourcing. Released in June, MusicGen was trained on Meta-owned and licensed music, and generates music from text prompts, while AudioGen, which was trained on public domain samples, generates sound effects (like honking horns and barking dogs) from text prompts. The EnCodec decoder allows “higher quality music generation with fewer artifacts,” according to Meta. Continue reading Meta’s AudioCraft Turns Words into Music with Generative AI

Meta Platforms is amping up its AI play, with plans to launch a suite of personality-driven chatbots as soon as next month. The company has been developing the series of artificially intelligent character bots with a goal of using them to boost engagement with its social media brands by making them available to have “humanlike discussions” on platforms including Facebook, Instagram and WhatsApp. Internally dubbed “personas,” the chatbots simulate characters ranging from historical figures like Abraham Lincoln to a surfer dude that dispenses travel advice. Continue reading Meta Plans Personality-Driven Chatbots to Boost Engagement

Advancing President Biden’s push for responsible development of artificial intelligence, top AI firms including Anthropic, Google, Microsoft and OpenAI have launched the Frontier Model Forum, an industry forum that will work collaboratively with outside researchers and policymakers to implement best practices. The new group will focus on AI safety, research into its risks, and disseminating information to the public, governments and civil society. Other companies involved in building bleeding-edge AI models will also be invited to join and participate in technical evaluations and benchmarks. Continue reading Major Tech Players Launch Frontier Model Forum for Safe AI

Microsoft Cloud drove record sales and profits for Q2, which saw a year-over-year revenue gain of 8 percent to $56.2 billion for April through June. Net income topped $20 billion, a 20 percent gain that beat analyst expectations and the company’s own estimates. Microsoft Cloud revenue for Q2 was up 21 percent, to $30.3 billion. And the company is beginning to see the results of its investments in artificial intelligence. Q2 is Microsoft’s second record-setting quarter this year, topping the three-month high of $52.9 billion in Q1. The previous profit record was $18.8 billion in Q4 2021. Continue reading Microsoft Q2 Marks a Quarterly Sales Record of $56.2 Billion

President Biden has secured voluntary commitments from seven leading AI companies who say they will support the executive branch goal of advancing safe, secure and transparent development of artificial intelligence. Executives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft and OpenAI convened at the White House on Friday to support the accord, which some criticized as a half measure, claiming the companies have already embraced independent security testing and a commitment to collaborating with each other and the government. Biden stressed the need to deploy AI altruistically, “to help address society’s greatest challenges.” Continue reading Top Tech Firms Support Government’s Planned AI Safeguards