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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 - ⚠️ Fortune 500 Faces AI Threat

Fortune 500 companies are increasingly wary of generative AI. Despite its rapid adoption across industries, a new report reveals that most large corporations view the technology as a potential risk rather than a boon. Over two-thirds of companies mentioning generative AI in their annual reports highlighted associated dangers like competition and security threats, overshadowing discussions about its benefits.

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2 -💰 AMD Challenges Nvidia with $5B AI Bet

AMD is acquiring cloud computing firm ZT Systems for $4.9 billion to bolster its AI capabilities. The move aims to accelerate the deployment of AI infrastructure and compete more effectively against rivals like Nvidia. This acquisition comes on the heels of AMD's significant investments in AI research and development, signaling a strong push into the growing AI market.

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3 -📱iPad App Procreate Draws Line in AI Sand

Procreate, the popular iPad illustration app, has boldly rejected the integration of generative AI into its platform. CEO James Cuda expressed strong opposition to the technology, citing concerns about its impact on artists and the creative industry. This stance has garnered widespread support from a creative community increasingly wary of AI's potential to undermine human creativity and job security.

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4 - ☢️ AI-Generated Deepfake Lands Trump in Hot Water

Former President Donald Trump shared AI-generated images, including a fake endorsement from Taylor Swift, to boost his campaign. These posts demonstrate how Trump could use AI to spread disinformation while avoiding legal consequences, as protections for political speech may shield him. Experts warn that without stronger regulations, misleading AI content could undermine trust in authentic information and complicate efforts to ensure fair elections.

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5 - 💻💸 Arnault Family Invests in AI Future

Luxury mogul Bernard Arnault is diving headfirst into the world of artificial intelligence. Despite his empire built on high-end fashion and goods, the billionaire is actively investing in AI startups through his venture firm, Aglaé Ventures. This strategic move signals a growing interest in technology among luxury brands and hints at potential disruptions in the industry as AI continues to evolve.

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Written by AI Bulletin team - Australia
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