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OpenAI Seeks $100 Billion; Apple Vision Pro to be released in late Jan/early Feb

Tech and AI Developments in a Glance

🌐Tech and AI Developments in a Glance

⚖️ UK Court: AI Can’t be Named as Inventor for Patents.

📰 The New York Times is suing OpenAI and Microsoft for copyright infringement.

🤖 OpenAI Seeks $100 Billion Valuation in Fresh Funding Talks Amid Leadership Rebound.

🚀 Microsoft Copilot is now available as a ChatGPT-like app on Android

🍎 Apple Vision Pro tipped for late Jan/early Feb release

We started this newsletter this year and I am very grateful to each of you for providing me an opportunity to be part of this amazing community of data professionals. Ishaan and I wish you a great New Year 2024 and wish you a great learning and prosperous 2024 ahead. See you all in 2024 with more information about AI and Data.

⚖️ UK Court: AI Can’t be Named as Inventor for Patents. Link

  • The UK Supreme Court rejected Stephen Thaler's request to name his AI, DABUS, as a patent holder for inventions, citing that AI lacks legal personhood.

  • The ruling, in line with EU and U.S. decisions, states that AI entities cannot be recognized as inventors under current legal frameworks.

  • Thaler's lawyers argue the UK's policy hinders innovation by not allowing patents for AI-generated inventions.

  • The government's lawyer warns that permitting AI as inventors could lead to an unsustainable system, with inventors potentially naming pets or abstract entities in patent applications.

📰 The New York Times is suing OpenAI and Microsoft for copyright infringement. Link

  • The New York Times is suing OpenAI and Microsoft, alleging copyright infringement for using its articles to train AI models.

  • The lawsuit claims the AI models, including ChatGPT and Copilot, compete directly with Times' content, impacting revenue and damaging reader relationships.

  • The Times argues the AI models threaten journalism by undermining content protection and monetization.

  • Seeking billions in damages, the lawsuit aims to stop further use of its content in AI model training and remove its work from OpenAI and Microsoft datasets. Ongoing discussions between the parties have been described as constructive.

🤖 OpenAI Seeks $100 Billion Valuation in Fresh Funding Talks Amid Leadership Rebound. Link

  • OpenAI, the company behind ChatGPT, is in talks with investors for fresh funding targeting a valuation of $100 billion or more.

  • A successful fundraising round could make OpenAI the second-largest US startup by valuation, after SpaceX.

  • Despite a recent leadership crisis, including the ousting and reinstatement of CEO Sam Altman, OpenAI aims for significant funding following a $10 billion investment from Microsoft.

  • OpenAI is also in talks with Abu Dhabi's G42 for $8 billion to $10 billion in funding for the Tigris chip project.

🚀 Microsoft Copilot is now available as a ChatGPT-like app on Android. Link

  • Microsoft quietly launches a standalone Copilot app for Android, providing access to AI features without needing the Bing app.

  • The Copilot app offers chatbot capabilities, image generation with DALL-E 3, and text drafting for emails and documents, including free access to OpenAI’s GPT-4 model.

  • This move follows Microsoft's rebranding of Bing Chat to Copilot and aims to expand the standalone Copilot experience.

  • While an iOS version is not yet available, users can access Copilot features using the Bing app on iPhones or iPads.

🍎 Apple Vision Pro tipped for late Jan/early Feb release. Link

  • Apple's Vision Pro headset, priced at $3,499, is expected to launch in late January or early February 2024.

  • Analyst Ming-Chi Kuo views the Vision Pro as Apple's most crucial product for 2024, emphasizing its significance.

  • Anticipated initial shipments are around 500,000 units, with previous reports suggesting scaled-back expectations.

  • The Vision Pro represents a bold move for Apple, introducing a new category and pricing strategy, marking CEO Tim Cook's significant gamble.

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