AI Pulse #13: Shield AI Secures $200M, Biden’s Executive Order on Artificial Intelligence, + MORE
Hello everyone!👋 It’s been a while, but we’re back, and we’re thrilled to unravel the fascinating world of AI with you. This issue is packed with the freshest AI news pieces and the most noteworthy AI funding announcements.
Let’s get to it!
Latest Funding News
In this issue, our talented team at Onramp Lab has gathered the top trending AI news, including Obama’s opinion on Biden’s executive order on AI. We will also cover the top funding news, such as Shield AI securing a whopping US$200 million in funding, valuing them at US$2.7 billion. Read on to learn more about this and many other AI-related news articles.
Top Trending AI News
1. Statement on Biden Administration’s AI Executive Order
Publisher: Barack Obama’s Medium
Published: 10/31/2023
Obama praises the Biden administration for prioritizing the safe and responsible development of AI technology to protect democracy and address potential risks.
TAKEAWAYS
1️⃣ Artificial intelligence has the potential to change the way we work, learn, and create.
2️⃣ The Biden administration is taking action to encourage innovation and address the risks associated with AI.
3️⃣ AI systems must be safe and developers of powerful models should share key information with the government.
4️⃣ The executive order aims to protect consumers, workers, and address discrimination and bias in AI.
5️⃣ Democracy and innovation are interconnected, and it is crucial to proactively address potential problems to unlock the benefits of AI while strengthening democracy.
2. Grimes and Aespa Explore AI and Avatars in Music Videos
Publisher: Rolling Stone
Published: 10/24/2023
Grimes and the K-pop group Aespa discuss their shared interest in AI, avatars, and visual art in music videos.
TAKEAWAYS
1️⃣ Grimes and Aespa, two contrasting artists, find common ground in their love for K-pop and interest in new technologies.
2️⃣ Aespa blends the digital and real world in their music videos, while Grimes explores the potential of AI and the metaverse.
3️⃣ Both artists appreciate the innovative visuals and artistic freedom that music videos offer.
4️⃣ Grimes’ AI music software and virtual girl group, NPC, align with Aespa’s incorporation of virtual members in their lore.
5️⃣ The meeting between Grimes and Aespa sparks admiration and a mutual understanding of their artistic journeys.
3. Tech Giants, Cloud Titans, Chipmakers Compete for AI Advantage
Publisher: Investors
Published: 10/24/2023
Investors are seeking legitimate AI stocks that utilize artificial intelligence to improve products and gain a strategic advantage in the market.
TAKEAWAYS
1️⃣ Look for AI stocks that use artificial intelligence to improve products or gain a strategic edge.
2️⃣ Nvidia, Microsoft, and other AI stocks are benefiting from the rise of generative AI.
3️⃣ Companies like Nvidia, CrowdStrike, and Arista Networks are leveraging AI technology in their industries.
4️⃣ OpenAI’s capital raising and Google’s upcoming “Gemini” model could impact the AI stocks market.
5️⃣ The competition between tech incumbents and AI startups will determine the future winners in the AI stocks landscape.
4. Microsoft Reorganizes Xbox and Marketing Teams for AI and Gaming Future
Publisher: The Verge
Published: 10/26/2023
Microsoft reorganizes Xbox and marketing teams in preparation for AI and gaming, with new leadership roles and a focus on collaboration.
TAKEAWAYS
1️⃣ Microsoft announces reorganization of Xbox and marketing teams to prepare for the future of AI and gaming.
2️⃣ Matt Booty promoted to president of game content and studios, overseeing ZeniMax, while Sarah Bond becomes Xbox president, leading platform and hardware work.
3️⃣ Chris Capossela steps down as chief marketing officer after 32 years at Microsoft, making way for Takeshi Numoto.
4️⃣ More women in gaming leadership roles at Microsoft than men following the departure of Activision Blizzard CEO Bobby Kotick.
5️⃣ Microsoft emphasizes focus on gaming and AI with recent acquisition of Activision Blizzard and integration of AI into its products.
5. Scarlett Johansson Sues AI App for Stealing Her Likeness in Ad
Publisher: Variety
Published: 11/1/2023
Scarlett Johansson has taken legal action against an AI app for using her name and likeness without permission in an online advertisement.
TAKEAWAYS
1️⃣ Scarlett Johansson takes legal action against AI app for unauthorized use of her name and likeness in an online ad.
2️⃣ The ad featured a fake voice imitating Johansson and AI-generated photos resembling the actor.
3️⃣ Johansson’s attorney confirms she is not a spokesperson for the app and will pursue legal remedies.
4️⃣ Fine print in the ad disclaims any association with Johansson, but the app remains available for download.
5️⃣ Other actors, like Tom Hanks, have also experienced their names and likenesses being used without permission in AI-generated ads.
6. AI Godfather Warns: AI One-Percenters Seizing Eternal Power
Publisher: Business Insider
Published: 10/30/2023
AI godfather Yann LeCun criticizes tech founders for fear-mongering and lobbying to control AI, warns of catastrophic consequences.
TAKEAWAYS
1️⃣ AI godfather criticizes tech bosses’ warnings about AI risks.
2️⃣ LeCun believes concerns about AI risks are a cover-up for maintaining control over AI technology.
3️⃣ The real threat is the consolidation of AI power in the hands of a few.
4️⃣ Founders are accused of fear-mongering and manipulating regulations to their advantage.
5️⃣ The focus should be on the actual development of AI and the danger of privatization and lack of transparency.
7. Pigeons Show AI-like Problem-solving
Publisher: The Guardian
Published: 10/26/2023
Pigeons problem-solve like AI by learning from consequences and recognizing similarities between objects, according to a study.
TAKEAWAYS
1️⃣ Pigeons problem-solve similarly to artificial intelligence.
2️⃣ Pigeons learn from consequences and can recognize resemblance between objects.
3️⃣ Pigeons don’t need a rule, they learn through trial and error.
4️⃣ Pigeons improve their ability to make right choices over time.
5️⃣ Pigeons’ learning mechanisms can be compared to those of artificial intelligence models.
8. AI Doomsday Warnings a Distraction from Real Danger, Expert Warns
Publisher: The Guardian
Published: 10/29/2023
Focusing on doomsday scenarios in AI is a distraction from immediate risks like misinformation, says AI industry figure.
TAKEAWAYS
1️⃣ Focusing on doomsday scenarios in AI distracts from immediate risks like misinformation.
2️⃣ AI industry figure says politicians should prioritize dealing with tangible and immediate harms.
3️⃣ AI technology is already widely used, posing new risks such as misinformation.
4️⃣ Misinformation is a top concern due to AI’s ability to create convincing media.
5️⃣ The AI safety summit will discuss concrete steps to address AI risks, including misinformation-related concerns.
9. KaJ Labs Unveils AGII AI Platform for Web3 Empowerment
Publisher: AP News
Published: 10/23/2023
KaJ Labs Foundation launches AGII, an AI platform for Web3 creators, providing advanced tools and services for content creation.
TAKEAWAYS
1️⃣ KaJ Labs Foundation launches AGII, an AI empowerment platform for Web3 creators and innovators.
2️⃣ AGII offers advanced AI tools like text, image, code generators, chatbots, and voiceover capabilities for Web3 users.
3️⃣ The platform is user-friendly with smart installation, real-time generation display, and comprehensive analytics.
4️⃣ AGII provides flexible pricing plans and secure payment gateways for accessibility and usability.
5️⃣ KaJ Labs aims to push the boundaries of AI and blockchain technology with AGII’s launch, making a significant impact in the Web3 space.
10. Microsoft CEO Satya Nadella Acknowledges Strategic Mistake in Ending Windows Phone
Publisher: Windows Central
Published: 10/24/2023
Microsoft CEO Satya Nadella admits that ending Windows Phone was a big mistake, but believes AI holds the greatest potential for the company.
TAKEAWAYS
1️⃣ Microsoft CEO admits pulling the plug on Windows Phone was a strategic mistake.
2️⃣ Gaming deal with Activision Blizzard crucial for Microsoft’s impact in consumer market.
3️⃣ AI holds biggest potential for Microsoft, but measures needed to prevent it from spiraling out of control.
4️⃣ Satya Nadella’s empathetic leadership style influenced by cricket.
5️⃣ Microsoft’s open and understanding culture contributes to company’s success.
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About Onramp Lab
Onramp Lab was founded by Lawrence Ng in 2015. We are an agile team of 70 full-time professionals in our Los Angeles & Taipei offices.
Over the years, we built out our omnichannel digital marketing expertise, especially in paid search, display, native, paid social, SEO, email, and affiliate marketing across multiple verticals.
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