TikTok owner ByteDance pulled content from Instagram and Snapchat without permission to help train its "For You" algorithm, according to a BuzzFeed report. The algorithm is used by TikTok to recommend content to U.S. users. More: - Starting in 2017, China-based ByteDance scraped the web for videos and photos from Instagram and Snapchat, according to former employees who spoke with BuzzFeed.
- At its height, Flipagram was said to be scraping more than 10,000 videos a day.
- The company then posted the content to fake accounts on its struggling Flipagram video app, which ByteDance acquired in 2017 and no longer operates.
- The content was used to train, inform, and finetune its algorithm for U.S. audiences, part of a "growth hack" strategy for ByteDance.
- However, some Instagram users have accused ByteDance of using their content without their consent or knowledge.
Zoom-out: - Flipagram was similar to TikTok in that users could create and share short videos. ByteDance later renamed it Vigo Video and shut it down in 2020.
- ByteDance spokesperson said Flipagram and Vigo are "not connected to any current ByteDance products."
BUZZFEED NEWS 
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LinkedIn engineers created an AI tool that recommends which accounts sales teams should target for renewals and upsells. The AI tool was combined with a second tool that explains why the system reached those conclusions. When combined, the two systems helped LinkedIn raise its subscription revenue by 8%. More: - The first tool is a prioritizer that generates scores for each LinkedIn customer up for account renewal. It also suggests products customers might be interested in.
- These scores have helped sales teams better pursue account churn and upsell opportunities, according to LinkedIn.
- The prioritizer has since been combined with an explainable AI system called CrystalCandle.
- This provides insights into each recommendation that the prioritizer makes.
- For example, it could explain to a sales representative why the prioritizer gave a high score to customer A instead of customer B.
- LinkedIn's sales teams have used the tools to boost renewal bookings by 8% this fiscal year.
Zoom-out: - LinkedIn engineers believe CrystalCandle helps teams trust an AI model better by knowing what influenced its decision-making.
- This is known as "explainable AI," when an AI system can explain to humans how it arrived at a conclusion, ideally building trust and transparency.
- This differs from "black box AI," when an AI system's inner workings and conclusions are not visible or fully understood.
REUTERS
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 A message from MASTERWORKS This Disruptive App Has 23% More Users Than The Metaverse. While most investing apps are struggling to outpace inflation, we found one that’s realized 30%+ annualized gains three times since 2019. Their secret? Securitizing fine art, part of an untapped $1.7 trillion asset class that’s 2x larger than every Bitcoin, combined. Sound crazy? Take a look at this: - Contemporary art prices outpaced the S&P 500 by 164% from 1995-2021
- In 2017, a single painting sold for $450 million
- Deloitte estimates global value of art to increase by $1 trillion by 2026
Simply put: We think they’re the next big thing. After all, they already have 23% more users than the Metaverse. Clearly, demand is high for this app, but we just scored Inside subscribers VIP passes* See important Reg A Disclosures
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Microsoft's Journal — a digital note-taking app with on-device AI — is now an official app. The app has now graduated from an experimental project inside Microsoft's Garage internal incubator to a full Windows application, according to the company. More: - The app requires a digital pen for Windows tablets and other devices for users to write and create drawings on its page-based canvas.
- The app uses on-device AI to recognize and categorize what people write. For example, it could recognize when the user underlines text to turn it into a heading and enable them to easily move it.
- The AI powers gestures, such as "scratchout" and "instant lasso," for modeless editing. It also improves the app's search mechanism, filtering content when it detects smart ink to find past content more easily.
- The app appears to combine Microsoft's former digital ink-focused technologies with AI.
- In a blog post, Microsoft said the AI "recognizes editing and semantic gestures quickly and seamlessly" without needing to be online.
TECHCRUNCH
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An AI tool that scans patient chest X-rays for abnormalities received safety approval in the European Union. The so-called CE certification, which is similar to FDA clearance in the U.S., marks the first regulatory approval for an AI medical imaging tool that does its work autonomously without any help from a radiologist. More: - Oxipit, the developer, says its ChestLink tool scans chest X-rays using AI and then sends reports when there are no abnormalities.
- The tool could automate 15% to 40% of daily workflow, which is especially helpful in primary care offices where the "vast majority" of chest X-rays have no issues, Oxipit said.
- When there is an abnormality detected, ChestLink sends the images to a radiologist for further review.
- With the approval, the company said it plans to deploy in clinical settings in 32 European countries starting in early 2023.
Zoom-out: - Oxipit told The Verge that it plans to pursue FDA clearance as well, which is slightly more difficult and time-intensive to obtain than CE certification.
- For example, AI diagnostics firm Digital was one of the first companies to secure FDA AI marketing clearance for AI software that detects diabetic retinopathy in 2018.
- That same software received CE approval in 2013.
THE VERGE
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 A message from MALWAREBYTES Top trends in remote work and collaboration. Remote work has changed our use of tools across cloud collaboration, cybersecurity, backup, and other solutions. We asked people who look after security* for their organizations what is changing in their environment: - 78% report an increase in the use of cloud storage platforms
- 76% saw in increase in the use of video conferencing
- 73% noted an increase in the use of identity management and cloud access tools
- 72% reported an increase in the use of instant messaging
- 71% noted an increase in the use of cybersecurity and antivirus tools
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A new IBM system with on-chip AI helps banks detect fraud. IBM just debuted the next-generation mainframe with on-chip AI. Called IBM z16, the system can help banks, credit card firms, and healthcare companies identify fraud in their transactions in real-time. More: - The system allows high-speed payment processors to conduct fraud analyses on all their transactions, not just a small percentage (typically around 10%) that they have been restricted to in the past.
- The z16 has an integrated Telum AI accelerator built into the chip's silicon.
- Through this design, firmware, and more, "deep learning is built into all of the transactions," according to IBM's Anthony Saporito.
- IBM said the z16 model is also designed to protect organizations from near-future threats that could crack today's encryption tech.
CIO.COM
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🍋 FRESH FUNDING 🍋 - Black Crow AI (New York, N.Y.), no-code machine learning infrastructure company: $25M A led by Imaginary Ventures, participation from Left Lane, Good Friends, Interplay, Red Antler, Primary Venture Partners.
- Zephyr AI (Tysons, Va.), data/AI-based medicine development: $18.5M Seed led by Lerner Group Investments, M-Cor Holdings, participation from Allen Y. Chao, AME Cloud Ventures, BoxGroup, MedStar Health, Roger W. Ferguson, Steve Oristaglio, Verily.
- Endel (Berlin, Germany), AI-based personalized, functional soundscapes to help people focus, relax, and sleep: $15M B led by Waverley Capital, participation from True Ventures.
- OmniML (San Jose, Calif.), smaller, faster ML models: $10M Seed led by GGV Capital, participation from Qualcomm Ventures, Foothill Ventures, et al.
- Relativity6 (Boston, Mass.), AI platform for industry classification: $5.25M Seed led by Fin Capital, participation from State Auto Labs Fund, Vectr Ventures, et al.
- Valar (Palo Alto, Calif.), AI-based cancer treatment-decision making platform: $4M Seed led by Andreessen Horowitz, participation from Dave King, Peer Schatz, et al.
For the latest on AI startup funding and more in the VC community, subscribe to our newsletter, Inside Venture Capital.
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 |  | Beth is a writer and analyst at Inside.com covering artificial intelligence and daily tech news. Since starting work at Inside, she has covered various topics including virtual reality, drones, and e-commerce. Prior to that she was a public policy and investigative reporter for The Arizona Republic, where she won a Pulitzer Prize nomination and First Amendment Award for reporting on the rising costs of pensions. Reach her at Beth.Duckett@inside.com. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
Did you know contemporary art outpaced the S&P 500 by 164% from 1995-2021? Now you do. Get access | |
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