Here are the top stories in AI this week -
1. Microsoft, OpenAI sued for $3B for alleged privacy breaches.
Sixteen pseudonymous individuals have filed a $3 billion lawsuit against Microsoft and OpenAI, alleging that the AI model ChatGPT infringed upon privacy laws by collecting and disclosing their personal information without consent. The suit claims the companies used unconsented data, inadequately filtered out personal details from training models, and violated several US laws.
Checkout the full article here.
2. Databricks acquires MosaicML for $1.3B
Databricks, the data and AI company, has acquired MosaicML, an open source startup known for building platforms for training large language models and generative AI tools, for $1.3 billion. This purchase price marks a significant increase from MosaicML's last investor-round valuation of $222 million. MosaicML will be integrated into the Databricks Lakehouse Platform, enhancing its AI offerings. The acquisition includes retaining the entire MosaicML team. The move reflects the growing interest and investment in the AI space.
Read the entire Techcrunch article here.
3. New AI-powered shopping tools released on Bing Microsoft has launched AI-powered shopping tools on Bing and Edge to streamline the online shopping process. These tools include AI-generated Buying Guides, Summarized Reviews, and Price Match features, aimed at reducing online shopping complexity and providing users with a seamless, enjoyable experience. Read the official announcement here.
And that's all for this week! If you have any suggestions or feedback regarding the newsletter or website, please reach out to us by replying to this email.
As always, thanks for reading, and see you next week!
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