AI – Bold Players

Polygon Labs launches AI chatbot called ‘Polygon Copilot’

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Avalanche’s Core app launches AI chatbot

Former FTX US president’s firm Architect Financial will use ChatGPT

McKinsey estimates generative AI could add $4.4 trillion to global economy annually

The rapid development and wide range of capabilities of generative AI will usher in a new era of productivity, transforming various business sectors, according to a recent McKinsey report. Whereas standard AI has typically focused on detecting patterns, making decisions, and data analysis, generative AI refers to programs that create content, including text, audio, code,…

Meta unveils speech generation AI: Voicebox

Digital euro proposal set for debate as EU advances AI restrictions legislation

Meta previews consumer AI tools, from chatbots to photo editors to “stickers”

US Senators raise concerns about ethical control on Meta’s AI-model LLaMA

U.S. Senators Richard Blumenthal and Josh Hawley wrote to Meta CEO Mark Zuckerberg on June 6, raising concerns about LLaMA – an artificial intelligence language model capable of generating human-like text based on a given input. In particular, issues were highlighted concerning the risk of AI abuses and Meta doing little to “restrict the model…

Japanese regulators warn OpenAI against collecting sensitive data

Google, Microsoft invest in AI startups as battle for dominance heats up

In an escalating battle for market share in the AI sector, Google and Microsoft have made new strategic startup investments as they vie for dominance. Google invests in Runway The Information reported June 1 that Google had invested in Runway, an AI startup acclaimed for its text-to-video tool, as part of a $100 million funding…