July 12 2024 Newsletter

### AI Newsletter: Week in Review (July 5, 2024 - July 12, 2024)

#### Introduction

Welcome to this week's AI Newsletter! Over the past week, the AI landscape has witnessed significant developments ranging from new strategic initiatives and technological innovations to critical discussions around safety, ethics, and environmental impact. This edition aims to provide a comprehensive overview of the most impactful AI stories and trends from the past seven days. Let's dive in!

#### AI Safety and Ethics

1. OpenAI employees say it 'failed' its first test to make its AI safe

   OpenAI's commitment to AI safety is under scrutiny as employees reveal that the company rushed the release of its latest AI model, GPT-4 Omni. This incident highlights the challenges in balancing innovation and safety, raising questions about the effectiveness of current AI regulations. Read more

2. AI Whistle-Blowers Describe Reckless and Secretive Culture

   Whistle-blowers from within the AI industry have raised concerns about a reckless and secretive culture at major AI firms, including OpenAI. These revelations highlight issues such as lack of transparency and ethical considerations in AI development, prompting calls for greater accountability and oversight in the industry. Full story on The New York Times

3. AI brings soaring emissions for Google and Microsoft, a major contributor to climate change

   The rapid expansion of AI technologies at companies like Google and Microsoft has led to a significant increase in carbon emissions. This article explores the environmental impact of AI and the urgent need for sustainable practices in tech development to mitigate climate change. Read on OPB

#### AI in Business and Investment

4. $3 billion Lattice 'made history' by giving its AI 'digital workers'

   Lattice, a software unicorn valued at $3 billion, has made history by becoming the first company to grant official employee records to its AI 'digital workers'. This bold move follows a major layoff of over 100 human employees and marks a significant step in the integration of AI into the workforce. The initiative is led by notable figures such as Sam Altman and Sarah Franklin, aiming to set new standards in responsible AI employment. Read more on Fortune

5. Intel Leads Investment in Israeli AI Construction Tech Startup Buildots

   Intel Capital has led a $15 million investment in Buildots, an Israeli startup specializing in AI-driven construction technology. This funding will support Buildots in advancing its innovative software that enhances project management and operational efficiency in the construction industry. Intel's involvement underscores its commitment to fostering AI advancements in various sectors. Full article on Reuters

6. Eye On AI: Q2 Funding Shows Investors Are Willing To Open Their Wallets

   The second quarter of 2024 saw a surge in funding for AI ventures, with investors showing strong confidence in the sector's potential. Key players such as Musk's xAI, Wayve, and CoreWeave secured substantial investments, indicating robust growth and interest in AI technologies. This trend reflects the increasing importance of AI in various industries. More on Crunchbase News

#### AI Technology and Innovation

7. Apple Intelligence: The Next Frontier in AI Development

   At its recent Worldwide Developers Conference, Apple unveiled "Apple Intelligence," a cutting-edge AI ecosystem designed to enhance user experiences across all Apple devices. This new system integrates powerful generative models and emphasizes user privacy. Apple's strategic move into AI aims to revolutionize personal technology by making everyday tasks easier and more intuitive. Discover more on InvestorPlace

8. NVIDIA and Intel Not Welcomed in New Apple AI and HPC Development Tools

   In a surprising move, Apple has excluded NVIDIA and Intel from its new AI and High-Performance Computing (HPC) development tools. This decision highlights Apple's strategy to develop its proprietary technologies and reduce reliance on external hardware providers. The implications of this move could reshape the competitive landscape in AI and HPC development. Read details on HPCwire

9. 10 Enterprise AI Startups to Watch in 2024

   InformationWeek has identified ten promising enterprise AI startups poised to make significant impacts in 2024. These startups are at the forefront of innovation, offering solutions that range from AI-driven analytics to advanced automation tools. This list provides insights into emerging companies that are shaping the future of enterprise AI. Explore the list on InformationWeek

#### AI Regulatory and Policy Developments

10. NATO releases revised AI strategy

    NATO has unveiled its updated AI strategy, aiming to accelerate AI integration within the alliance. This revised approach emphasizes responsible AI use and seeks to enhance NATO's technological capabilities, ensuring member nations are well-prepared for the evolving defense landscape. Read more

11. Senator calls out Big Tech's new approach to poaching talent from smaller AI startups

    A U.S. senator has criticized Big Tech companies for their aggressive tactics in recruiting talent from smaller AI startups, arguing that this practice stifles innovation and competition. The senator's remarks have sparked a debate on the ethics of talent acquisition and its impact on the AI ecosystem. More on ABC News

#### AI Applications

12. AI in action: Leveraging AI to scale your display and video efforts

    Microsoft Advertising introduces innovative AI tools to transform digital marketing. By harnessing generative AI, marketers can now effortlessly create high-quality videos and banner ads, unlocking new levels of creativity and efficiency in their campaigns. Read more

13. Galaxy Unpacked 2024: The Future of Mobile AI

    At Galaxy Unpacked 2024, Samsung showcased its latest advancements in mobile AI, featuring groundbreaking products like the Galaxy Z Fold6 and Z Flip6. The event highlighted Samsung's commitment to collaborative and responsible AI innovation, promising a transformative mobile experience. Read more

14. 57 NEW Artificial Intelligence Statistics (Jul 2024)

    Discover the latest insights in AI with Exploding Topics' comprehensive collection of 57 new AI statistics for July 2024. This resource covers market growth, business applications, job impacts, and more, providing a valuable overview of the current AI landscape. Read more

15. AI HEADLINE NEWS 16:00 (2024-07-12)

    Stay updated with the latest developments in the AI world by tuning into the AI Headline News. This episode, aired on July 12, 2024, covers significant advancements and key stories in AI technology. Catch up on the highlights and insights from industry leaders and experts. Watch the full episode here

#### Conclusion

This week has been a testament to the dynamic nature of the AI industry, with significant strides in technology, critical discussions on ethics, and substantial investments shaping the future. As AI continues to evolve, it brings both opportunities and challenges that require careful consideration and responsible action. Stay tuned for more updates and insights in the world of AI. Until next week!

Thank you for staying with us for this week's AI roundup. We hope you found these updates informative and engaging. See you next week!