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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 - 🤦🏻‍♂️ Tech Giants Caught Training AI on YouTube Videos Without Permission

Tech giants Apple, Nvidia, and Anthropic are in hot water for using subtitles scraped from YouTube videos, without creators' permission, to train their AI models. This violates YouTube's terms of service and highlights the ongoing debate about data use in AI development.

READ THE FULL ARTICLE HERE➯

2 - 🏴‍☠️ Hackers Leak Disney Slack, Claiming to Advocate for Artist Rights in AI

A hacking group claiming to fight for artist rights leaked over a terabyte of Disney's internal data, including chats, code, and details on upcoming projects. Disney confirmed they are investigating the leak, which hackers say contains information on artist contracts, AI use, and unreleased projects.

READ THE FULL ARTICLE HERE➯

3 - 📵 Dating App Promising AI STI Screening Shut Down by FTC

An AI-powered app called Calmara promised STI detection through dick pics but has been shut down by the FTC after an inquiry. The FTC found the science behind the app questionable and expressed concerns about user privacy and consent. The company has agreed to delete user data and shut down the app.

READ THE FULL ARTICLE HERE➯

4 - 💰 Bank of America Invests Big in AI, Sees Millions in Insights

Bank of America is investing heavily in AI, allocating $4 billion this year to improve customer interactions and advisor tools. Their AI advisor has already generated millions of insights for advisors, and their virtual assistant Erica is seeing millions of daily interactions. This focus on AI is part of a larger $12 billion annual tech spend for the bank.

READ THE FULL ARTICLE HERE➯

5 - 🤖 Microsoft Hiring of AI Startup Staff Triggers UK Merger Probe

U.K. regulators are investigating whether Microsoft's hiring of staff from AI startup Inflection, including co-founder Mustafa Suleyman, constitutes a merger that could stifle competition in the AI market. The Competition and Markets Authority (CMA) will decide by September 11th if a deeper probe is needed. Microsoft says hiring talent boosts competition and will cooperate with the investigation.

READ THE FULL ARTICLE HERE➯

Written by AI Bulletin team - Australia
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