Digital media company BuzzFeed plans to incorporate more AI into its news and business operations, Chief Executive Jonah Peretti told staff in a memo today. Plans include using OpenAI technology to personalize content and quizzes that the media outlet is known for. The AI-assisted content will begin appearing this year. More: - In the memo, Peretti said BuzzFeed aims to "lead the future of AI-powered content" and "maximize the creativity of our writers, producers, and creators and our business."
- In the case of AI quizzes, OpenAI's text-generation technology could produce unique results based on each person's specific responses, which would be shareable on social media.
- Peretti estimates AI and data could help create, animate, and personalize media content, not just curate it, within 15 years.
- In December, BuzzFeed said it would cut 12% of its staff, citing challenging economic conditions. On Wednesday, the WSJ reported that Facebook parent Meta is paying BuzzFeed millions to generate creator content for its platforms.
THE VERGE 
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The U.S. Defense Department has updated its guidance on autonomous weapons to take into account AI's "increasing role" in warfare. The policy directive, "Autonomy in Weapons Systems," now includes some clarifications and changes to account for a "dramatic, expanded vision for the role of artificial intelligence in the future of the American military," according to the Pentagon's Director of Emerging Capabilities Policy, Michael Horowitz. More: - The update, which is the first to the policy directive since 2012, cements the U.S. military's aim to incorporate more advanced AI and review that technology before it's used.
- According to Horowitz, it lays out the responsibilities and guidelines that the Pentagon should consider when developing and developing autonomous weapons and other systems.
- In the case of AI, it includes some updates regarding the future of ethical AI and the need to additionally test and review AI systems before deployment.
- It also calls for the creation of a new senior-level oversight group, chaired by the undersecretary of defense for policy, that would oversee autonomous weapons systems.
- "The directive now makes explicit the need for an autonomous weapon system, if it's approved, to be reviewed," Horowitz said.
DEFENSE ONE
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 Translated, an Italian AI translation startup, has predicted that technology could achieve technological singularity within seven years. In this case, the company defines singularity as when machine translation reaches and/or surpasses the abilities of human translators in the top languages around the world. More: - Some experts define singularity as the moment when AI technology transcends human intelligence or when technological growth occurs on its own and can no longer be controlled.
- Translated believes that singularity is achieved when AI language translation is on par with human translators.
- In its prediction, Translated measured the rate of improvement of its translation algorithm's Time to Edit metric or the time it takes for a human editor to correct the algorithm's translations.
- Over the past eight years, that data shows a linear trend, it says, meaning machines could potentially achieve a "perfect translation" equivalent to human translators sometime in 2030.
- In defense of its measurements, the team said many AI experts believe the closest way to producing artificial general intelligence is through this language translation problem, as "natural language is by far the most complex problem we have in AI."
POPULAR MECHANICS
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The University of Texas at Austin said it will offer an online master's degree in artificial intelligence starting in the spring of 2024. The university billed the new Master of Science in Artificial Intelligence as one of the only higher AI education degrees at a top-ranked school to be affordable. More: - The tuition is $10,000, compared to $40,000+ for some similar degrees.
- The master's program will involve two years of coursework in areas like computer vision, deep learning, natural language processing, reinforcement learning, and ethical AI.
- According to The New York Times, the Univesity of Texas degree is the "first of its kind among elite computing schools" and could help rapidly grow the U.S. AI-trained workforce.
THE NEW YORK TIMES
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A report from McKinsey and Harvard researchers suggests that AI technologies could save the healthcare industry between $200B and $360B per year within the next five years. AI could help private payers save 7% to 9% on their current costs, or $80B to $110B, according to the analysis from the National Bureau of Economic Research. More: - Machine learning, automation, and natural language processing are cited as AI technologies that could benefit healthcare.
- Areas where cost savings are most pronounced include management of healthcare, claims, and patient-provider relationships, according to the report.
- Broken down, the authors estimate that 20% of the AI-driven savings would come from cutting down on administrative costs. The other 80% would come from a reduction in medical costs.
- For example, AI could help detect adverse issues or optimize the use of operating rooms in hospitals. Insurers could use it to automate prior authorizations and improve claims management.
HEALTHCARE DIVE
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M&A Roundup: - Consulting firm McKinsey & Company acquired AI/ML startup Iguazio for a reported $50M. Israel-based Iguazio provides an MLOps platform to enterprises to develop, deploy, and maintain AI and machine learning models and applications.
- Dell has acquired Israel-based digital infrastructure automation startup Cloudify for up to $100M. Cloudify's platform has been used by AT&T, Morgan Stanley, DHL, Accenture, etc.
- AI software company Capacity acquired Textel, a provider of text messaging software for contact centers and other businesses. St. Louis-based Capacity is known for its AI-powered "help desk" automated support technology.
- Product engineering provider Encora said it will expand its AI, analytics, and automation capabilities through its purchase of solutions and services firm Excellarate. Excellarate's 1,300+ engineers will join Encora's talent pool of 9,000+ engineers.
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- NY-based Hume AI announced $12.7M in fundraising for its AI technology that's designed to detect human emotions.
- SoundHound AI Inc. has raised $25M in preferred equity financing from various investors. The funding comes after the voice AI company laid off roughly 50% of its workforce last week as part of a major restructuring.
- JPMorgan Chase, Royal Bank of Canada, Citi, UBS, and Wells Fargo were ranked as the top banks for AI maturity in North America and Europe, according to an Index from Evident, a U.K. benchmarking and intelligence firm.
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 |  | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. You can 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 and 1972 Fords. | |
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