OpenAI CEO Sam Altman is anticipating a meeting with Mark Zuckerberg at the Sun Valley conference this week, despite Meta having poached some of OpenAI's top engineers, including offering them up to $100 million. Altman believes his strategy of retaining talent lies in having a great mission and building a strong research lab and company.
https://news.bloomberglaw.com/tech-and-telecom-law/openai-ceo-altman-looks-to-zuckerberg-reunion-amid-poaching-spatChina's recent advances in high-performance chip development, including the Meteor-1 parallel optical computing integrated chip, could transform the artificial intelligence industry by boosting generative AI capabilities. Researchers are shifting focus from electronic chips, which have reached speed and size limits, to optical alternatives using light to transfer data, promising improved system efficiency.
https://www.scmp.com/news/china/science/article/3317327/chinas-optical-chip-advances-such-meteor-1-light-way-ai-development?module=scmp_favourites_link&pgtype=404A third of global semiconductor production, which is crucial for AI and electric vehicle (EV) revolutions, may be disrupted by climate change-related copper supply issues by 2035, according to a report from PricewaterhouseCoopers (PwC). This would represent a significant increase from the current level of disruptions, with around 32% of production at risk.
https://markets.businessinsider.com/news/stocks/copper-shortage-could-disrupt-semiconductor-supply-ai-ev-stocks-at-risk-pwc-warns-1034878666A US federal court is likely to rule in favor of OpenAI in its trademark lawsuit against Open Artificial Intelligence, with Judge appearing to grant the company a win on its bid for a declaration it doesn't infringe Open AI's "Open AI" trademark.
https://news.bloomberglaw.com/ip-law/openai-appears-to-near-victory-in-open-ai-trademark-lawsuitSeveral companies, including Sama.ai and Appen, outsource tasks to Pakistan through subcontractors due to the lower hourly pay rates of $1-3 compared to $40-60 in the Global North. In contrast, a Kenyan investigation found that OpenAI contractors labelling child abuse content were paid as low as $2/hour, leading to emotional trauma and PTSD for some workers.
https://www.thenews.com.pk/print/1327249-pakistan-s-invisible-ai-workforceTwo US federal judges have made groundbreaking decisions allowing tech companies to use copyrighted materials to train their large language models (LLMs). Meta Platforms Inc and Loeb & Loeb's Tal Dickstein are among those who benefit from these rulings, which set a precedent for the future of artificial intelligence and intellectual property.
https://news.bloomberglaw.com/esg/big-tech-wins-in-copyright-cases-come-with-strings-attachedNvidia's data center semis AI TAM has been revised upward by Citigroup analyst Atif Malik, now projected to reach $563 billion by 2028, a 13% increase from his prior estimate. The boost is driven by stronger-than-expected demand from sovereign AI initiatives and a significant increase in networking sales, which is expected to hit $119 billion, a 32% jump from his previous forecast. Malik has raised his Nvidia data center sales forecasts for FY2027 and FY2028 by 5% and 11%, respectively, with compute sales expected to grow 4% and 8% above previous estimates. The analyst now projects a higher price target of $190, implying a further 20% upside for Nvidia shares over the coming year.
https://markets.businessinsider.com/news/stocks/citigroup-bangs-the-drum-on-nvidia-stock-1034880578The SAG-AFTRA union has reached a proposed contract with video game developers that includes "historic wage increases" and "industry-leading AI provisions." The agreement aims to address concerns over the use of generative AI in the industry, which could potentially replicate performers' likenesses without consent or fair compensation. The contract requires employers to obtain written permission from performers before creating digital replicas using AI, and compensates them for the time spent on such work. This deal is seen as a significant victory for performers, who had gone on strike last July over similar issues. The proposed contract secures an increase in performer compensation of 15% upon ratification and additional 3% increases each year of the three-year contract.
https://www.koat.com/article/video-game-actors-voting-new-contract/65341209Thai businesses, ranging from startups to major corporations, are rapidly adopting Artificial Intelligence (AI) to reduce costs, improve efficiency, and make smarter decisions. The shift marks a pivotal move toward a more digitally competitive economy. AI is being integrated across sectors, including translation, customer service, manufacturing, and healthcare, to cut costs and boost efficiency. Small and medium-sized enterprises (SMEs) are gaining access to advanced technology through scalable tools, while public incentives and worker interest in AI upskilling are fueling growth. Thailand's AI market is projected to reach 114 billion baht by 2030, driven by a 28.55% annual growth rate.
https://www.thailand-business-news.com/corporate/226193-thai-businesses-turn-to-ai-for-cost-savings-and-competitive-edge