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OpenAI to Become For-Profit Company
(WSJ) OpenAI is planning to convert from a nonprofit organization to a for-profit company at the same time it is undergoing major personnel shifts including the abrupt resignation Wednesday of its chief technology officer, Mira Murati. Becoming a for-profit would be a seismic shift for OpenAI, which was founded in 2015 to develop AI technology…
Read MoreSection 230 Catches Up to AI
(WSJ) An appellate court holds companies liable for the actions of their algorithms. Read more here.
Read MoreLinkedIn is training AI models on your data
(Verge) You’ll need to opt out twice to stop LinkedIn from using your account data for training in the future — but anything already done is done. Read more here.
Read MoreBlackRock and Microsoft plan $30bn fund to invest in AI infrastructure
(FT) Nvidia and Abu Dhabi-backed MGX will join effort as energy-intensive tech strains power and data grids Read more here.
Read MoreCalpers Investment Chief Warns of ‘Adverse Selection’ in Private-Equity Co-Investments
(WSJ) Stephen Gilmore says the $503 billion pension has to be among the key clients of its private-equity managers to ensure it gets access to the best direct deals. Read more here.
Read MoreSalesforce Ventures Expands AI Investment to $1 Billion
(Salesforce) Salesforce Ventures is announcing a new $500 million AI fund, bringing its total commitment to AI innovators to $1 billion in the past 18 months. Read more here.
Read More‘Anti-woke’ backlash in U.S. won’t stop the sustainable investing movement. Here’s why
(FC) Out of almost 160 bills in state legislatures, only a small handful of anti-ESG considerations have become law. Read more here.
Read MoreNvidia, OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers
(CNBC) Leaders at OpenAI, Anthropic, Nvidia, Microsoft, Google and several American power and utility companies met Thursday at the White House to discuss the future of artificial intelligence energy infrastructure in the U.S., sources familiar with the meeting told CNBC. Read more here.
Read MoreWhite House extracts voluntary commitments from AI vendors to combat deepfake nudes
(TechCrunch) The White House says several major AI vendors have committed to taking steps to combat nonconsensual deepfakes and child sexual abuse material. Read more here.
Read MoreSEC Abandons ESG Enforcement Group Amid Broader Backlash
(Bloomberg) The SEC has quietly disbanded a group of enforcement lawyers who helped bring litigation fighting misleading environmental, social and governance disclosures for more than three years. Read more here.
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