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| Here's a look at today's AI briefing: - Biden will issue an AI executive order on Monday.
- AI will be Meta's top investment focus in 2024.
- New data shows increase in AI-generated child sexual abuse images online.
Beth
p/beth-duckett | |
| 1 | | U.S. President Biden is preparing to reveal a broad executive order on AI this coming Monday. The White House has invited guests to a "Safe, Secure, and Trustworthy Artificial Intelligence" event hosted by Biden on Oct. 30. More: - According to the Washington Post, the order will require assessments of advanced AI models before federal workers can use them.
- It would order federal departments like the Pentagon and Energy Department to gauge how they might incorporate AI into their operations, emphasizing cybersecurity.
- The order is also expected to ease the immigration process for highly skilled professionals, a process that was tightened under the Trump administration.
- The Post notes that the order's details are not final.
Zoom out: - The order will be unveiled two days before an international AI Safety Summit in the U.K. The guest list includes U.S. Vice President Kamala Harris and leaders from other nations, including China.
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| 2 | | Meta CEO Mark Zuckerberg says AI will be the company's top investment focus in 2024, with plans to boost computing resources and hire more engineers. Meta's AI employee count is already mid-tier among tech giants, but it seems the company is gearing up to increase hiring after recent mass layoffs. 
Details: In today's Q3 earnings call, Zuckerberg said that AI will be Meta's biggest investment focus in 2024, encompassing both engineering and computational resources. Meta will continue to give lower priority to non-AI projects, he said. AI content: The CEO also mentioned that Meta plans to eventually use AI to generate personalized content for users across its apps. Quotable: "For the feed apps, I think that over time, more of the content that people consume is going to be either generated or edited by AI," Zuckerberg said. Q: How do you feel about AI-generated content becoming more common on Meta's apps? Join the conversation here. | | | |
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| 3 | | New data from the Internet Watch Foundation (IWF) reveals a concerning surge in AI-generated child sexual abuse images. The U.K. child protection organization warns that the internet's CSAM problem could worsen due to AI-produced deepfakes. More: - In a report, the IWF identified over 20,254 AI-generated images on a dark web CSAM forum in a single month.
- Out of the images chosen for assessment by IWF analysts, nearly 3,000 of them violated U.K. law.
- The report found AI technology has advanced to the point where it is challenging for trained analysts to distinguish AI-generated content from real.
- It calls for stronger laws and tech providers to take measures against misuse.
Zoom out: - Newer AI image-generators, like OpenAI's DALL-E, block explicit content. However, criminals are turning to older versions of Stability AI's Stable Diffusion, an open-source tool, to produce the content, according to IWF.
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| 4 | | A new U.S. bill proposes AI bug bounty programs and other measures. The bill includes provisions for a report on AI regulations for the financial industry, another report on AI data sharing and coordination, and a vulnerability analysis regarding AI in the military. More: - The co-sponsors of the Artificial Intelligence Advancement Act of 2023 (S. 3050) are Sen. Martin Heinrich (D-N.M.), Sen. Mike Rounds (R-S.D.), Sen. Charles Schumer (D-N.Y.), and Sen. Todd Young (R-Ind.).
- Under the legislation, the Chief Data and AI Officer at the Pentagon would be tasked with creating a bug bounty program for AI models used in Pentagon missions.
- The legislation would also require some U.S. government agencies, like the Federal Reserve and the Bureau of Consumer Financial Protection, to produce reports about AI in financial services.
- These include any rules they have for using AI, which of their tasks are typically done with AI, and how the agency plans to use AI in the next three years.
Related: - Senators Brian Schatz (D-Hawaii) and John Kennedy (R-La.) this week also introduced the "Schatz-Kennedy AI Labeling Act" (S. 2691) to improve the transparency of AI-generated content.
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| 5 | | Amazon launched an AI-powered tool that generates images for sellers' advertising campaigns. Amazon Ads has started rolling out the feature to limited advertisers, with plans to expand it over time based on feedback. More: - Advertisers can feed the tool with a generic product image and a short text prompt, and the AI spits out custom "lifestyle and brand-themed images" based on the details.
- Users can edit the images further or improve them with pre-set themes. Adding multiple images (max of 5) will auto-create a slideshow.
- Amazon claims that products placed within a lifestyle setting can get 40% higher click-through rates.
- The tool, now in beta, is available through Amazon Ad Console.
Zoom out: - Building ad creatives and selecting creative formats were the top challenges for 75% of advertisers struggling with unsuccessful campaigns, according to a March Amazon survey.
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| 6 | | 🍋 FRESH FUNDING 🍋 - Chinese large language model (LLM) firm Zhipu raised more than $342M from Alibaba Group, Tencent, Xiaomi Corp., Meituan, and others.
- South Korean AI-chip startup Rebellions is in talks with investors to raise $100M in Series B funding. Rebellions is targeting a valuation of $500M, sources informed Bloomberg.
- AI-powered data center optimization startup MangoBoost raised a $55M Series A funding round at a valuation of $300M, per TechCrunch. IMM Investment and Shinhan Venture Investment co-led the latest round.
- Whatsapp-based AI chatbot maker Luzia secured $10M in Series A funding led by Khosla Ventures. A* Capital, Abstract Ventures, FJ Labs, Globo Venture, and others supported the funding round.
- Swiss digital avatar generation software maker Copresence raised $6M in seed funding. Names of the backers were not disclosed.
For the latest on AI startup funding and more in the VC community, subscribe to our Inside Venture Capital newsletter. | | | |
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- Riley Reid, an adult film star and media investor, is introducing Clona.AI. The online platform leverages generative AI for users to engage in "intimate conversations" with digital versions of adult content creators.
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INSIDE AI LEADERBOARD (7 DAYS) |
 | AI and technology writer | | Beth is an editor and writer of Inside's AI and Tech newsletters, with a career spanning journalism since 2007. She has written for publications including The Arizona Republic and USA Today and authored a book on the solar industry in 2016. Reach her at Beth.Duckett@yahoo.com. | | This newsletter was edited by Aaron Crutchfield | |
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