OpenAI mulls B-Corp move. The Information reports that OpenAI is considering becoming a for-profit benefit corporation, according to comments made by CEO Sam Altman to some of its shareholders. Currently, OpenAI is a nonprofit with a for-profit arm, and the tension inherent in this governance structure was largely responsible for OpenAI board’s brief defenestration of Altman late last year. Rivals Anthropic and xAI are B-Corps, and adopting the model could open the way for an IPO. “The nonprofit is core to our mission and will continue to exist,” OpenAI told Reuters after The Information’s report went live.
Tesla’s Chinese FSD approval. Chinese authorities have given Tesla permission to test its advanced driver-assistance system in part of Shanghai, according to Bloomberg, which says Tesla could get similar approval in Hangzhou, too. However, for now, Tesla drivers in China still can’t activate what Tesla misleadingly markets as its “Full Self-Driving” system—these initial tests will be conducted by company employees.
YouTube vs ad blockers. YouTube has reportedly stepped up its fight against ad blockers by starting to build ads into the video before it is sent to the user’s device, rather than sending the ads separately to be inserted on the device. According to TechCrunch, the ad-blocking service SponsorBlock says the new format breaks its tool. YouTube has been doing everything it can to fight off ad-blocking, as it tries to convince users to subscribe to YouTube Premium if they want to avoid ads.
SIGNIFICANT FIGURES800+
—The number of operations that had to be rescheduled at major London hospitals within one week earlier this month, following a ransomware attack against a pathology lab that serves the hospitals.
IN CASE YOU MISSED IT
Exclusive: Kickstarter shakes up leadership team, terminating senior employees and promoting execs, as it tries to rebrand itself, by Jessica Mathews and Leo Schwartz
Elon Musk’s Neuralink forced a pregnant employee to work with herpes-infected monkeys that scratched her, lawsuit says, by Bloomberg
FTC chair Lina Khan plans to go after Big Tech’s ‘mob boss’ instead of ‘the henchmen at the bottom’—targeting AI giants OpenAI, Microsoft, and Nvidia, by Will Daniel
Edward Snowden eviscerates OpenAI’s decision to put a former NSA director on its board: ‘This is a willful, calculated betrayal of the rights of every person on earth’, by Eva Roytburg
Hugging Face CEO says he hears from 10 AI founders a week who want to sell their startups, by Bloomberg
The U.S. economy is the most dynamic it’s ever been as AI and infrastructure overpower Fed rate hikes, ‘Big Short’ investor Steve Eisman says, by Jason Ma
Jensen Huang made Nvidia a $3 trillion juggernaut. But the path to success was filled with ‘despair’ and ‘torture’, by Seamus Webster
BEFORE YOU GO
News trends. TikTok has for the first time overtaken X, formerly Twitter, as a news source. The latest annual Digital News Report, which is the results of a large global survey conducted by the Reuters Institute for the Study of Journalism and YouGov, shows 13% of respondents get news from TikTok, versus 10% for X—but YouTube is on top with 31%, followed by WhatsApp with 21%. At the same time, 59% of respondents said they were concerned about what was real and what was fake as regards online news. There’s also “widespread suspicion” about the use of AI in journalism, the Reuters Institute warned.
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Source link : https://fortune.com/2024/06/17/antitrust-meta-apple-dma-gdpr-europe/
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Publish date : 2024-06-17 15:25:00
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