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OpenAI and Time have signed a multi-year content agreement, allowing the Artificial Intelligence (AI) company to train its models on Time’s extensive archive. Concurrently, OpenAI and Microsoft face a new lawsuit from the Center for Investigative Reporting over alleged unauthorized use of copyrighted materials for AI training.
Time Partners with OpenAI for AI Training
Time has partnered with OpenAI to license over a century of its content for AI training. This deal, first reported by Axios, is set to enhance OpenAI’s model capabilities using Time’s vast repository of articles and news. In return, Time is expected to receive advanced AI tools and potentially financial compensation, marking a significant collaboration between the tech and media industries.
This agreement is part of OpenAI’s broader strategy to expand its data sources and improve AI models. Access to Time’s historical data will provide a rich dataset for refining AI algorithms, enabling more accurate and diverse outputs.
Moreover, Time’s involvement in this agreement signifies its strategic move towards embracing advanced technologies. The magazine aims to leverage AI tools to enhance its digital presence and operational efficiency. This partnership will create a symbiotic relationship, benefiting both parties through shared technological advancements.
Also Read: OpenAI CTO Mira Murati Says Realizing AI’s Potential Is Not Guaranteed
Legal Battle Intensifies Over AI and Copyright
While OpenAI is expanding its content partnerships, it faces a new legal challenge from the Center for Investigative Reporting (CIR). The nonprofit organization, which recently merged with Mother Jones and produces the Reveal news site, filed a lawsuit against OpenAI in New York on June 27. The lawsuit alleges unauthorized use of CIR’s copyrighted materials for AI model training without permission or compensation.
CIR’s CEO, Monica Bauerlein, expressed concerns over the implications of such use, describing it as “immensely dangerous” for the journalism industry. Bauerlein emphasized that the unauthorized use of their content undermines the value of their work and threatens the sustainability of their operations. CIR argues that AI-generated news summaries, derived from their copyrighted material, erode the direct relationship between news organizations and their audiences.
This lawsuit joins a growing list of legal actions against OpenAI and Microsoft. Other prominent media organizations, including the New York Times, New York Daily News, Chicago Tribune, and Denver Post, have filed similar lawsuits. These cases highlight a broader industry concern regarding using copyrighted content for AI training and the potential impact on traditional news media.
Also Read: Coinbase Partners Stripe to Onboard USDC on Base
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
- OpenAI revealed a major update to its large language model this week with the launch of ChatGPT-4o
- Google confirmed the launch of Gemini for Workspace, integrating its AI model into Google’s enterprise suite
- Choise.ai launched an AI-powered layer 2 blockchain for enterprises
AI announcements have come thick and fast this week, with Google and OpenAI going head-to-head as both corporations launched major updates to their artificial intelligence offerings, while AI-powered crypto platform, Choise.ai, confirmed the launch of its layer 2 blockchain for enterprises.
AI steals the show at I/O 2024
Artificial intelligence was quite literally the name of the game at I/O 2024 this week, Google’s annual tech conference where new and upcoming launches are showcased.
The search engine not only revealed the expansion of its rollout for Gemini for Workspace, but also showcased an enterprise-grade update to Gemini Advanced, which enables businesses to connect their Google Drive to Gemini in order to analyze data, populate spreadsheets and build charts. A new AI assistant project codenamed ‘Project Astra’ was also revealed.
OpenAI stealing Google’s thunder?
Sam Altman’s OpenAI had its own launch event this week, apparently timed to coincide with Google’s I/O 2024 conference in a bid to steal the search giant’s thunder.
OpenAI revealed the launch of its new AI model at this event, named ChatGPT-4o, which is much more powerful than previous AI models and will also be available to all users, both free and paid.
Choise.ai finally confirms AI-powered L2 rumors
The rumors about Choise.ai working on its own blockchain, which have been circulating within the crypto community for several weeks, were also finally confirmed this week. The team has officially announced their new L2 platform, Entropy, designed to become “the ultimate B2B enterprise and business-ready layer for the future.”
While comprehensive details on the technological aspects are yet to be disclosed, industry insiders are suggesting Choise.ai’s new Entropy blockchain will transcend conventional L2 solutions by incorporating AI technologies that can accelerate the widespread adoption of Web3 and blockchain.
What we do know so far is that Choise.ai intends for Entropy to serve as the foundation of an AI-powered ecosystem for the settlement layer of the future, and will feature smart contract automatization for autonomous operations.
Early indications also suggest Entropy will offer a number of innovations that are designed to democratize access to and adoption of L2 blockchain technologies, including a no-code environment that will lower the global barriers for anyone to build, implement and benefit from blockchain and AI, as well as a marketplace for AI models.
“We are building more than just an L2 platform, we are creating an AI-powered ecosystem where AI agents can have the capability to write, optimize and execute smart contracts themselves. This has never been done and our solution will ensure that every transaction and operation is executed with unmatched precision and efficiency,” the Choise.ai team stated.
Choise.ai’s CHO token, which surged by over 500% in the wake of Choise.ai’s prior advancements, remains central to the company’s new innovations, suggesting the value of CHO could rise sharply again as crypto markets factor in the growth potential this new AI-driven L2 could provide.
Still holding my $CHO | @ChoiseAI bag.
Its been a solid performer recently with great price action, but still very far from ATH. Team recently announced holders will get up to 20% of Vault’s revenue.
Their focus shift to B2B with AI-based Web3 digital banking products, they’ve… pic.twitter.com/EvLJPjc2Bt
— Sjuul | AltCryptoGems (@AltCryptoGems) April 10, 2024
In fact, one crypto analyst is predicting a 223% jump in the value of the CHO token on the back of this new announcement.
Dogecoin (DOGE) Fan Elon Musk Sues OpenAI and Worldcoin (WLD) Co-Founder Over Alleged Contract Violations The Daily Hodl
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The Artificial Intelligence (AI) sector in the crypto space has enjoyed one of the most prominent rallies despite the debacle with OpenAI. The company behind ChatGPT fired one of its founders and CEO, Sam Altman, sparkling downside pressure for AI-based tokens, such as FET.
The native token for Fetch.ai, FET, has been trending to the upside following the general market sentiment. Over the past month, the cryptocurrency recorded a 160% rally, and it’s poised for further profits as it breaches critical resistance levels.
OpenAI Controversy Adds Fuel For FET’s Rally
Data from Coingecko indicates that FET’s bullish momentum took a hit last week as news about Sam Altman leaving OpenAI broke. The token has been moving with any development from the broader AI sector, and the uncertainty surrounding this company has impacted its performance on low timeframes.
Over the weekend, FET regained its bullish momentum and reclaimed territory, extending a more significant rally. In that sense, a pseudonym trader looked into FET’s potential target as the cryptocurrency continues “its rally without a dip.”
In the past week, FET breached the resistance at $0.56, targeting its 2022 highs, as seen in the chart below. If the bullish momentum continues, the token could rise to its 2021 highs between $0.70 and $0.90.
FET Rally Could End In Massive Correction
Our Editorial Director and analyst, Tony Spilotro, has been bullish on FET’s trajectory. The analyst believes FET could rise 2x to 4x before losing steam and re-visiting support.
In the past, whenever the token followed a similar trajectory, printing a buy signal above the monthly Bollinger Band, as Spilotro stated, FET corrected by an impressive 80%. Thus, the analyst recommended new investors to tread carefully. Spilotro said:
(…) its safe more than likely to buy FET at such levels, so long as you have a plan to get out before the next 70+% correction happens. Otherwise, price could retrace back to your entry here. Be smart and don’t expect the rally to go on forever.
Today, Microsoft announced the hiring of Sam Altman to spearhead a new AI division. The company will commit to providing resources for the new division, which could ignite a new bull era for AI and AI-based tokens.
Cover image from Unsplash, chart from Tradingview
]]>According to a recent report, a portion of OpenAI‘s workforce has expressed discontent with the company’s leadership. Reports suggest that approximately 75% of the staff, which includes high-ranking executives, have signed a letter threatening to join Sam Altman’s new AI venture at Microsoft. This move underscores a growing rift within the organization following the unexpected removal of Altman as CEO.
OpenAI Staff Threatens Exodus to Microsoft
The protest letter, reportedly signed by over 500 employees, represents most of OpenAI’s staff. It criticizes the board’s decision-making capabilities and indicates a preference for employment opportunities with Microsoft, should resignations become necessary. This development indicates the internal turmoil and dissatisfaction with the current leadership.
Among the notable signatories are Mira Murati, former interim CEO, and COO Brad Lightcap. Their participation in this protest highlights the extent of the internal disagreement over the direction of OpenAI. The situation was further complicated by chief scientist Ilya Sutskever, who initially supported the board’s decisions and expressed regret over his involvement, further fueling the internal discord.
Newly appointed CEO Emmett Shear now faces the significant challenge of navigating this crisis. The primary task is to stabilize the organization and prevent a potential talent drain, which could harm OpenAI’s future endeavors.
Tech Giants Clash Over Talent Acquisition
Microsoft’s involvement adds another layer to the unfolding drama. The tech giant’s reported willingness to absorb dissatisfied OpenAI employees legitimizes their grievances and puts additional pressure on OpenAI’s board. This situation creates an unusual dynamic where an external entity could significantly influence the internal affairs of another prominent tech company.
As core technologists like Sutskever show signs of dissent, OpenAI must quickly reestablish stability and confidence among its workforce. The company, known for its advancements in artificial intelligence and machine learning, cannot afford an extended period of uncertainty, especially in a highly competitive industry where talent is key.
Read Also: Tether and OKX Team Up to Halt $225 Million in Illicit Funds
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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