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- X Allows AI-Generated Adult Content; OpenAI wants fusion power & TSMC can't move out of Taiwan
X Allows AI-Generated Adult Content; OpenAI wants fusion power & TSMC can't move out of Taiwan
Stefan
June 04, 2024
Welcome to today’s AI Brief, where we bring you the latest updates and breakthroughs from the technology world.
Taiwanese chipmaker TSMC has explored the feasibility of relocating its chip manufacturing facilities due to increasing tensions with China but concluded that such a move is impractical. Chairman C.C. Wei stated that 80-90% of their production capacity is based in Taiwan. Discussions with customers, including OpenAI, revealed concerns about geopolitical stability affecting the global chip supply chain. Read more
OpenAI is negotiating a significant electricity purchase from Helion Energy, a fusion energy company, to power its data centers. CEO Sam Altman, who has heavily invested in Helion, has stepped aside from the negotiations to avoid conflicts of interest. Helion aims to create a sustainable and almost limitless energy source. Read more
Social media platform X has revised its guidelines to allow AI-generated NSFW content, provided it is consensually produced and properly labeled. This policy aligns with the platform's vision under Elon Musk's leadership to become an 'everything app'. Read more
ElevenLabs has introduced a tool that converts text into sound effects, enhancing audio content creation for various media platforms. The tool uses Shutterstock's audio library and underwent alpha testing with positive feedback from early adopters. Read more
Sam Altman has invested in over 400 companies, amassing holdings worth at least $2.8 billion. Despite potential conflicts of interest, OpenAI maintains that these are managed carefully, with Altman not directly involved in conflicting deals. Read more
Cloudera has purchased AI firm Verta to bolster its AI and machine learning capabilities. This acquisition aims to integrate advanced AI features into Cloudera's offerings, enhancing its relevance in the current tech landscape. Read more
Creandum, known for its early investment in Spotify, has raised a new €500 million fund for seed and early-stage startups across Europe. This fund will focus on areas like the creator economy, Web3, and climate tech. Read more
Botwa.ai, a leader in conversational AI, has announced its expansion into the Middle East and Africa markets. The company specializes in AI solutions that enhance customer interactions across various sectors. Read more
Northern Data Group has teamed up with NVIDIA to launch an AI Accelerator aimed at boosting AI hardware developments. This program provides startups access to advanced technologies and industry expertise. Read more
PanaceaLogics, a Pakistani AI software company, has won the AquaCon Invest competition for its innovative AI solutions in the aquaculture industry. This accolade highlights Pakistan's growing role in AI-driven industry innovation. Read more
Tecno has launched a new AI assistant named Ella-GPT for its Camon 30 series phones, supporting over 70 languages. This assistant enhances user interaction with features like real-time translations and managing daily activities. Read more
Roof AI has integrated OpenAI's technology into its sales assistant tool, enhancing online customer interaction for real estate and mortgage companies. This development aims to improve personalized customer service and revenue generation. Read more
Swiss startup Neural Concept has secured $27 million in Series B funding to enhance electric vehicle design efficiency using AI. The company aims to reduce the development time of EVs from four years to just 18 months. Read more
George Lucas, founder of Raiz Invest, has launched a new AI fintech startup, YBL.AI, securing $2.5 million in pre-Seed funding. The platform aims to assist financial advisors through advanced AI technology. Read more
Lufthansa Technik Philippines has launched the second LTP Startup Challenge focused on AI innovations to enhance maintenance, repair, and overhaul operations in aviation. Successful startups will get a chance to collaborate with LTP. Read more
UNESCO and LG AI Research are developing a Massive Open Online Course (MOOC) on the Ethics of Artificial Intelligence. The course aims to promote ethical AI development and is based on the Global Recommendation on the Ethics of AI. Read more
US-based company Ascendion has launched a new GenAI Studio in Chennai, dedicated to fostering creativity, learning, and collaboration in AI-first software engineering services. The studio will enhance client impact and drive growth. Read more
SCIEX and Mass Analytica have introduced AI quant software to enhance data processing and productivity in life sciences. This innovative tool leverages AI to swiftly process data and generate insights. Read more
Windborne, a California-based startup supported by Khosla Ventures, is revolutionizing weather forecasting with AI-driven weather balloons. These balloons collect extensive data over remote areas and oceans, crucial for improving weather predictions. Read more
Real estate technology company MoxiWorks has appointed Eric Elfman, formerly of AI startup Onit, as its new CEO. Elfman's leadership is expected to bring innovative changes, leveraging his expertise in AI and workflow automation. Read more