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Interest in AI startups is soaring, driving a trend towards using Special Purpose Vehicles (SPVs) for investments, allowing smaller investors to get involved. Meanwhile, Scarlett Johansson has publicly criticized OpenAI for using a voice in GPT-4o that closely resembles hers without her consent, raising ethical concerns about AI and personal likenesses.

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In today’s issue:

• Rising Interest in AI Startups Fuels SPV Investment Trend

• Scarlett Johansson Criticizes OpenAI for Voice Imitation in GPT-4o

• AI's Impact on Work and Wealth

• Understanding AI

• VC SPV Investments in AI

• AI Porn Crackdown

• Snowflake's Data Cloud Summit 2024

Today’s must read

Rising Interest in AI Startups Fuels SPV Investment Trend

TL;DR: AI startup investments are booming, with Special Purpose Vehicles (SPVs) becoming popular for facilitating broader investor access.

Summary: Investors are increasingly using Special Purpose Vehicles (SPVs) to invest in AI startups. These vehicles allow smaller investors to acquire stakes in leading AI firms like Anthropic and xAI. As interest surges, SPVs provide a structured way to pool resources and share profits while managing the complexities of direct investment.

Highlights:

• Increased Use of SPVs: Popular among smaller investors.

• High Demand: AI firms like Anthropic and xAI draw significant attention.

• Complex Investment Structures: High fees and layered complexities.

Why it matters:

• Broader Access: SPVs enable wider investor participation.

• Structured Investment: Helps manage investment risks.

• Reflects AI Boom: Indicates strong market confidence in AI.

Bottom line: The rise of SPVs in AI investments highlights the growing interest and innovative financial strategies in the AI sector.

_{Source: cryptotimes}

News from the giants

Scarlett Johansson Criticizes OpenAI for Voice Imitation in GPT-4o

TL;DR: Scarlett Johansson is upset with OpenAI for using a voice in GPT-4o's Sky feature that closely resembles hers without her consent.

Summary: Scarlett Johansson expressed shock and anger after discovering that OpenAI's GPT-4o used a voice eerily similar to hers for its "Sky" feature. Despite her declining an offer to voice the system, OpenAI proceeded, leading to public and legal backlash. OpenAI has since paused the use of the Sky voice, asserting it was never meant to imitate Johansson and attributing it to a different professional actress.

Highlights:

• Sky Voice Feature: Initially released with GPT-4o, closely resembled Johansson's voice.

• Public and Legal Backlash: Johansson hired legal counsel and issued public statements against the use.

• OpenAI's Response: Paused the Sky voice, denied intentional imitation, and explained voice sourcing from another actress.

Why it matters:

• Celebrity Rights: Raises important issues about the use of AI and the protection of personal likenesses.

• Ethics in AI: Highlights the need for transparency and consent in AI-generated content.

• Legal Implications: Could influence future legislation and guidelines on AI usage.

Bottom line: The controversy over OpenAI's Sky voice in GPT-4o underscores the complex ethical and legal challenges in AI development, particularly concerning the use of personal likenesses without consent.

_{Source: theverge}

Prompt of today

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AI around the world

• AI's Impact on Work and Wealth: AI is transforming work, wealth, and the workforce, creating opportunities and challenges that demand attention.

• Understanding AI: AI is revolutionizing various fields by automating tasks, improving efficiency, and providing new insights, fundamentally changing how industries operate.

• VC SPV Investments in AI: Venture capitalists are using Special Purpose Vehicles (SPVs) to sell shares of AI companies like Anthropic and xAI to smaller investors​.

• AI Porn Crackdown: Australia implements measures to combat fake AI-generated porn amid a growing crisis of gendered violence, emphasizing the need for strict regulations.

• Snowflake's Data Cloud Summit 2024: Snowflake's upcoming summit will address integrating generative AI, enhancing data interoperability, and evolving the modern data platform.

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