Today we’re announcing that @a16zcrypto is leading an $80M Series B financing of PIP Labs, developer of @storyprotocol
. We want to help Story become the infrastructure for AI systems and creative people to happily co-exist. For decades, the internet has operated on an implicit
INVESTMENT
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Story Protocol Raises $80M Series B for AI Creative Infrastructure
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Blockchain Startup Valued $2B Fights AI Copyright Theft
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Startup using blockchain to prevent copyright theft by AI is valued over $2 billion after fresh funding
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OpenAI Fine-Tuning, Claude Copyright Suit, AI Image Tools
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Top stories in AI today: -OpenAI adds free fine-tuning to GPT-4o
-Claude sued for copyright infringement
-Create AI images in real-time on WhatsApp
-Microsoft’s new AI beats larger models
-6 new AI tools & 4 new AI jobs Read more: http://
therundown.ai/p/openai-gpt-4
o-fine-tuning
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Tech Giants Should Fund Open-Source AI Alternatives Permanently
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You have to look at their actions in context: there are open-source alternatives which they could fund and *permanently* help those who they claim to support — rather than giving some the privilege of temporary cloud compute.
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India AI Innovation Challenge: Win INR 1 Crore for Social Impact Solutions
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Make a difference with AI! Submit your proposal for AI solutions that enable social impact now and win up to INR 1 Crore. Visit https://
indiaai.gov.in/article/unlock
-the-potential-of-ai-apply-now-for-the-indiaai-innovation-challenge
… to apply. @abhish18 @GoI_MeitY @_DigitalIndia @mygovindia #IndiaAI #InnovationChallenge #AIforAll #IndiaAI -
Joint Ventures Fail When Companies Replace Founder-Led Innovation
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The problem with Joint Ventures is that companies don’t build companies – founders do.
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Waymo Robotaxi Doubles Weekly Paid Rides to 100,000
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https://
finance.yahoo.com/news/alphabets
-waymo-robotaxi-unit-doubles-150248686.html
… Alphabet's Waymo has doubled its paid rides to 100,000 per week in just over three months. -
AI Hype Cycle Damages Real Innovation and Inflates Valuations
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The AI hype cycle is damaging real innovation across tech. It is crazy FOMO having negative impact on the world as we move forward. "AI is artificially inflating valuation numbers across venture: The segment captured nearly 50% of all deal value in Q2. But flat and down rounds
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Fortune 500 Companies View AI as Major Risk Post-ChatGPT
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In 2023, over half of Fortune 500 companies (56.2%) listed AI as a risk in annual reports, up from just 9% in 2022. Not surprising, considering ChatGPT came out end of 2022. What IS interesting is the breakdown of risk labeling by industry Media and entertainment – 91.7%
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Data Center Capacity Shifts: Hyperscale and Colocation Trends
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events not listed on this Synergy bar chart:
– Covid – ChatGPT https://
srgresearch.com/articles/hyper
scale-operators-and-colocation-continue-to-drive-huge-changes-in-data-center-capacity-trends
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