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Good morning Reader, A US judge has ruled in favor of Meta, dismissing a copyright lawsuit related to AI training. Meanwhile, Nvidia has regained its position as the world's most valuable company amid AI optimism, and Meta has reportedly hired three OpenAI researchers.
In Europe, a tech lobby group is calling for a pause on the AI Act, while Microsoft and OpenAI are reportedly competing over advancements in artificial general intelligence. Additionally, insights from an interview with OpenAI's Sam Altman highlight the transformative impact of AI tools like ChatGPT on education. In today's newsletter:
- US judge sides with Meta in AI training copyright case
- Nvidia reclaims top spot as world’s most valuable firm on AI ‘golden wave’ optimism
- Meta hires three OpenAI researchers: Report
- Tech lobby group urges EU leaders to pause AI Act
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US judge sides with Meta in AI training copyright case 
Musicians, book authors, visual artists and news publications have sued various AI companies that used their data without permission or payment. AI companies generally defend their practices by claiming fair use, arguing that training AI on large datasets fundamentally transforms the original content and is necessary for innovation. Read full article here |
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Nvidia reclaims top spot as world’s most valuable firm on AI ‘golden wave’ optimism 
Nvidia's latest gains reflect the US stock market's return to the "AI trade" that fueled massive gains in chip stocks and related technology companies in recent years on optimism about the emerging technology. Nvidia recently traded at about 30 times analysts' expected earnings for the next 12 months, below its average of about 40 over the past five years, according to LSEG data. Read full article here |
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| Meta Wins Copyright Case as AI Landscape Evolves with Nvidia and OpenAI Moves  The Pulse The AI sector is witnessing significant legal and market developments, with Meta's recent court victory highlighting ongoing tensions over copyright in AI training. As companies like Nvidia regain market dominance, the interplay of innovation and regulation shapes the future of AI. How it's happening Key players like Meta and Nvidia are navigating a complex landscape of legal challenges and market opportunities. Meta's hiring of OpenAI researchers and Nvidia's stock surge reflect strategic moves amidst evolving regulations, particularly in the EU's AI Act. Key takeaways
- Meta's court win underscores the ongoing copyright debate in AI training.
- Nvidia reclaims market leadership, fueled by optimism in AI technology.
- OpenAI's strategic hires signal a competitive push in AI development.
- EU's AI Act faces delays, prompting calls for a regulatory pause.
- Collaboration and competition are reshaping the AI landscape significantly.
Notable actions Meta's legal victory against copyright claims from authors paves the way for AI training practices. Nvidia's stock performance reflects investor confidence, while OpenAI's leadership changes signal a focus on innovation. Watch for further regulatory developments in the EU. |
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Tech lobby group urges EU leaders to pause AI Act 
Important provisions of the EU AI Act, including rules for general purpose AI (GPAI) models, were due to apply on August 2. But some parts of the GPAI, which were expected to be published on May 2, got delayed. Read full article here |
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Takeaways from Hard Fork's interview with OpenAI's Sam Altman 
OpenAI CEO Sam Altman praised Donald Trump’s grasp of AI’s geopolitical and economic importance, highlighting their collaboration on a $100 billion AI project. In a podcast, Altman discussed AI’s impact on jobs, regulation challenges, competition for talent, and reassured on OpenAI’s partnership with Microsoft amid reported tensions. Read full article here |
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 Around the web
- Meta’s recruiting blitz claims three OpenAI researchers
- Federal judge sides with Meta in lawsuit over training AI models on copyrighted books
- Sam Altman comes out swinging at The New York Times
- Google Wants to Get Better at Spotting Wildfires From Space
- Taiwan Is Rushing to Make Its Own Drones Before It's Too Late
- ‘Wall-E With a Gun’: Midjourney Generates Videos of Disney Characters Amid Massive Copyright Lawsuit
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