Publishers such as those affiliated with News Corp have partnered with OpenAI, a tech company, to license their content. According to reports, OpenAI has offered some publishers $1 million to $5 million per year to access their data. In one notable deal, News Corp reportedly received up to $250 million in cash and credits from OpenAI over five years. This partnership is part of the larger effort by tech companies like OpenAI to develop large language models that can provide timely answers.
https://digiday.com/media/the-pros-and-cons-of-publishers-ai-licensing-deals/OpenAI plans to restructure its corporate structure by creating a public benefit corporation (PBC) that will allow it to raise more capital and remove restrictions imposed by its current nonprofit parent. The PBC, which will be based in Delaware, will consider both shareholder value and societal interests. OpenAI's existing for-profit arm will become the PBC, while the nonprofit will retain a significant interest in the form of shares determined by independent financial advisers. This move is aimed at attracting more investment to support the development of artificial general intelligence, with OpenAI having recently secured $6.6 billion in funding at a valuation of $157 billion.
https://www.brecorder.com/news/40340055/openai-outlines-new-for-profit-structure-to-stay-ahead-in-costly-ai-raceDan Priest, the newly appointed Chief AI Officer at PwC, a leading consulting firm, is focusing on scaling artificial intelligence (AI) in businesses in 2025 after proving its value in 2024. In an interview with The Associated Press, Priest discussed his role and PwC's predictions for the year ahead, noting that companies will increasingly adopt AI into their daily operations and future business models.
https://www.tbsnews.net/tech/ai-becoming-ingrained-businesses-where-it-going-2025-1030681Companies are approaching the implementation of advanced AI models such as GPT-4 with caution, weighing the potential benefits against infrastructure costs and staff training needs. According to Omer Rosenbaum, co-founder and CTO of Swimm, an AI documentation platform, organizations are optimizing their use of AI by selecting specific capabilities for particular tasks or user needs. For instance, a solution may utilize GPT-4 for routine requests with low cognitive demands and more advanced models like o1-pro for complex tasks that offer high value to users.
https://www.pymnts.com/artificial-intelligence-2/2024/ai-race-pushes-companies-to-weigh-costs-against-promised-gains/TurboTax plans to capitalize on the Super Bowl's advertising momentum by promoting its AI-powered features, such as Intuit Assist, in a campaign that highlights the benefits of artificial intelligence, including speed and lower pricing. The company's marketing efforts come amidst growing consumer concerns over the use of generative AI in advertisements from brands like Spotify, Google, and Apple.
https://www.adweek.com/brand-marketing/turbotax-is-going-after-gen-z-as-it-gears-up-for-its-12th-super-bowl/A recent analysis by The Financial Times found that mentions of AI-generated content on social media platforms such as X (formerly Twitter) were more correlated with the release of new image generation models than major elections in the US. According to an analysis by the Institute for Strategic Dialogue, users are more likely to incorrectly assume real images are AI-generated rather than the other way around. Despite this, users have shown healthy skepticism and fake media can still be debunked through tools like Google reverse image search or official communications. Felix Simon, a researcher at Oxford University's Reuters Institute for the Study of Journalism, notes that people have been using photo editing software such as Photoshop for years and still largely trust photos.
https://petapixel.com/2024/12/30/donald-trump-ai-generated-images-and-deepfakes-had-little-effect-on-2024-elections/Google is launching an AI chatbot called Bard, a competitor to OpenAI's ChatGPT and Microsoft's Bing chatbot. The company claims it did not train Bard on data from ShareGPT or ChatGPT, despite the similarities between the models. Google has made Bard available for early access in the US and UK, with plans to expand its availability over time to more countries and languages.
https://www.lokmattimes.com/technology/google-denies-it-copied-chatgpt-to-train-its-own-ai-chatbot-bard/Ibiden Co., the leading supplier of chip package substrates used in Nvidia Corp.'s semiconductors, is facing increased demand from AI customers and may need to accelerate its production capacity expansion. According to CEO Koji Kawashima, sales of Ibiden's AI-use substrates are robust, with customers purchasing all available supplies, and this demand is expected to continue through next year. To meet the growing demand, Ibiden is building a new factory in Gifu prefecture, Japan, which will reach 25% production capacity by the end of 2025.
https://news.bloomberglaw.com/artificial-intelligence/nvidia-supplier-ibiden-weighs-faster-expansion-to-meet-ai-demandIbiden, the leading supplier of chip package substrates for Nvidia's advanced semiconductors, may need to accelerate its production capacity expansion due to robust demand from customers who are buying up all that it can supply. According to CEO Koji Kawashima, sales of the company's AI-use substrates are strong and expected to continue through next year. Ibiden is currently building a new factory in Gifu Prefecture, which will reach 50% production capacity by March 2026, but may need to bring online the remaining 25% sooner than planned to meet demand.
https://www.japantimes.co.jp/business/2024/12/30/tech/nvidia-ibiden-expansion-ai-demand/