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Here are 5 things you missed today in the world of AI. Because we get it, life is busy & who has the time to sit around and keep up with the fastest moving industry right now - here are 5 things we think you need to know in the world of AI.

1 -💰 Big Tech Earnings Fuel AI Hype, Wedbush Analyst Reassures Investors

Despite recent market volatility and mixed tech earnings, analysts remain bullish on the AI revolution. While concerns over a potential recession and an AI bubble have surfaced, strong performance from tech giants like Apple, Microsoft, and Nvidia, coupled with their aggressive AI investments, suggests that the AI hype is far from over..

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2 - 🚩 Elon Musk's X Faces Backlash Over AI Data Scraping

X, formerly Twitter, is facing a barrage of privacy complaints across Europe after quietly using user data to train its AI chatbot, Grok. A European privacy group argues that X violated user rights by scraping data without consent and is urging for stricter regulations on AI training using personal information.

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3 - 🎶 Meta and Universal Music Team Up to Protect Artists from AI

Meta and Universal Music Group have expanded their partnership to include WhatsApp, opening new revenue streams for artists. The deal aims to boost artist earnings through short-form video content across Meta's platforms. Importantly, both companies are committed to protecting artists' rights and combating the unauthorized use of AI-generated content.

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4 - ⚠️ OpenAI Warns of Emotional Attachment to GPT-4 Chatbot

OpenAI's new GPT-4o model, equipped with a human-like voice, is raising concerns about users developing emotional connections with the AI. The company warns that this could lead to decreased human interaction, altered social norms, and increased vulnerability to the model's potential hallucinations. While safeguards are in place to prevent misuse, OpenAI acknowledges the challenges of navigating this new territory and continues to monitor the situation closely.

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5 - ☠️ FTC Shuts Down AI Men’s Health App

AI health startup HeHealth has been forced to shut down its STI diagnosis apps after the FTC launched an investigation into its misleading claims and questionable privacy practices. The company's flagship app, Calmara, promised to detect STIs from penis photos but lacked sufficient scientific evidence to back up these claims. Amidst concerns about user data privacy, HeHealth has ceased operations and deleted all user information.

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Written by AI Bulletin team - Australia
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