Coming up this week:

- New York Times Sues OpenAI.
- Apple “Dream Team” Work On New Project.
- Anthropic Predicts $850m Revenue in 2024.
- Google Launches VideoPoet.

And much more… Learn how these unfolding narratives are shaping The Business of AI.

FEATURED STORY 🔥

The New York Times Sues OpenAI and Microsoft

The New York Times has initiated a landmark lawsuit against OpenAI and Microsoft, marking a significant moment in the ongoing discourse about intellectual property rights and artificial intelligence.

The suit alleges that the companies unlawfully utilized millions of the Times' articles to train and develop their generative AI models, notably ChatGPT and Copilot. These AI tools, according to the lawsuit, can replicate the Times' content verbatim, closely summarize it, and mimic its expressive style, thereby undermining the newspaper's relationship with its readers and depriving it of crucial revenue streams including subscriptions, licensing, advertising, and affiliate income.

The New York Times contends that this not only competes unfairly with its content but also threatens the broader landscape of high-quality journalism by challenging the ability of news outlets to protect and monetize their content.

The lawsuit seeks billions in damages for the alleged "unlawful copying and use of The Times's uniquely valuable works" and aims to set a precedent in how AI companies use copyrighted material. The case underscores the growing tension between the rapid advancement of AI technologies and the rights of content creators, setting the stage for a significant legal battle that could influence the future of AI development and copyright law.

The Times has attempted negotiations with both companies but to no avail, leading to this legal confrontation. The outcome of this lawsuit could have far-reaching implications for the AI industry and content creators worldwide.

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Poll Of The Week 💗 

Last week’s poll results:

Would You Let An AI-powered Humanoid Robot (Like Tesla's) Help Out Around The House?

🟩🟩🟩🟩🟩🟩 Yes (3)

🟨⬜️⬜️⬜️⬜️⬜️ No (1)

🟨⬜️⬜️⬜️⬜️⬜️ Have you seen iRobot? (1)

TRENDING STORIES 🔥 

iPhone “Dream Team” Work On New AI Hardware Project

Jony Ive and Sam Altman team up with Apple veteran Tang Tan for an ambitious AI hardware project. The initiative, still in its early stages, aims to blend advanced AI software with innovative hardware design, potentially setting new standards in the tech industry.

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Anthropic Aiming for $850M Revenue by 2024

AI startup Anthropic projects over $850 million in annualized revenue by 2024's end, marking a significant growth from its current $100 million rate. Supported by tech giants like Amazon and Google, the company's ambitious financial forecast reflects the burgeoning demand for generative AI systems.

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Google Launches Text-To-Video Player, VideoPoet

VideoPoet is a groundbreaking large language model (LLM) that transcends traditional video generation, offering multimodal inputs for creating dynamic videos. It's a unified model that excels in text-to-video, image-to-video, and other complex tasks, promising an 'any-to-any' format future and the ability to create short films, setting a new standard in video generation technology.

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Image Of The Week 📷️ 

Last week we covered some of the new features within V6 of MidJourney - most notable is the ability to add text in a more reliable way. Building on this, it’s now much easier to create logos and branding for your business.

MJ Prompt: Create an emblem logo for "Lionheart Football Club" featuring a lion’s face to highlight the team’s courage and sport spirit. --v 6.0

EYE OPENING NEWS 🧠 

March Debut For Humane's AI Pin

Humane's AI Pin, a novel AI-powered wearable, is set to start shipping in March 2024. Prioritizing early orders, the device boasts various AI services and a unique projection system, all at a starting price of $699 plus a monthly $24 subscription for cellular data and a phone number.

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AI's Eerily Accurate Death Predictions

A new AI death calculator, dubbed "life2vec," can predict an individual's time of death with 78% accuracy by analyzing life events. Developed by researchers, this AI uses details like income, health, and lifestyle to forecast life expectancy, offering insights into longevity and mortality without being used for individual predictions.

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AI Not Recognized As Inventor By UK Court

The UK's Supreme Court ruled that AI cannot be listed as an inventor on patent applications, affirming that the term "inventor" must be a natural person. This decision, stemming from Stephen Thaler's patent filings naming his AI "DABUS," underscores legal boundaries in the evolving landscape of AI contributions.

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OpenAI's Valuation Soars in Funding Talks

Preliminary discussions are underway to raise new funding at a valuation of $100 billion or more, potentially becoming the second-most valuable US startup. This move reflects the intense interest and rapid growth in the AI sector, following the widespread impact of its ChatGPT and other AI innovations.

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A Son's Christmas Miracle

Philip Willett used AI to recreate his late father's voice as a Christmas gift for his mother, creating a digital Christmas card that brought her to tears. This emotional use of AI technology provided a poignant moment of connection, demonstrating both the potential and the sensitivity of digital resurrection.

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5 Tools to Boost Your Productivity

- Turn your blog posts into podcasts. BlogToPod
- Turn your creatives into cinematic videos with AI. Boolvideo
- Convert data and spreadsheets into charts with text prompts. ChartGen
- Write outstanding essays in seconds with AI. Essay Builder
- Make personalized video content with realistic AI avatars. Pipio

Want your tool featured here? Hit reply and tell us a little about it 😍 

FUNDRAISING 🤑 

GreyOrange Secures $135M in Series D Funding

AI-driven fulfillment automation leader GreyOrange, announced securing $135 million in Series D funding led by Anthelion Capital, aiming to accelerate global expansion and technological leadership in warehouse and retail automation.

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ImpriMed's $35 Million Oncology Leap

ImpriMed, known for its AI-driven canine cancer treatments, is advancing its technology to human oncology having raised $35 million. Aiming to tailor cancer care with personalized drug efficacy predictions, enhancing treatment outcomes, and reducing side effects

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Anthropic Eyeing a $750M Boost

AI startup Anthropic, a spinoff from OpenAI and creator of the Claude chatbot, is negotiating a $750 million funding round, potentially spiking its value to $18.4 billion.

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