Page 74 - Generative Artificial Intelligence News Today

Training and running AI needs a lot of power and a lot of water, but Microsoft may want to use microreactors to fuel its big artificial intelligence ambitions.

Plus: Robot literati and small-scale contracts this week in The Memo

China is unlikely to shift its approach to AI governance but a firm regulatory approach may be crucial for maintaining social stability and securing international regulatory leadership.

Generative AI Automotive World: By 2030, it is estimated the AI industry will be investing USD 74.5 billion for the automotive industry alone. This is a 20X increase in the next seven years over what the industry is spending today. Analysts estimate that with generative AI, it will increase global GDP by 7% over the next 10 years. Analysts also estimate that nearly two thirds of the jobs in the US and Europe will actually benefit from generative AI.

The hard-won new WGA contract boasts major gains in AI restrictions, streaming transparency, and increased residuals.

A lack of federal safeguards has led some states to begin proposing their own laws limiting AI's use in healthcare.

Hollywood writers have secured a better deal on pay, AI, and residuals

The value placed on startup OpenAI has rocketed to between $80 billion and $90 billion in talks with potential investors, the Wall Street Journal reported on Tuesday. Microsoft has invested billions of dollars in OpenAI, kicking off an AI race among tech firms.

In a time when AI has run rampant in several industries, Warner Music Group CEO Robert Kyncl says the music industry should brace for impact.

So far in 2023, banks spent a staggering $274 billion to battle money laundering alone. The need for increased efficiency in this effort, via AI, is clear.