| Financial Times: |
Sources: OpenAI is negotiating with Microsoft to enable a future IPO; Microsoft offers to cut its equity stake for continued access to OpenAI tech beyond 2030 — High-stakes talks to revise terms of multibillion-dollar partnership are key to plans to adopt for-profit model| Scott Macfarlane / CBS News: |
Sources: the Trump administration fires US Copyright Office head Shira Perlmutter; her office had raised concerns about using copyrighted content to train AI — The Trump administration has fired the head of the U.S. Copyright Office, two sources familiar with the situation confirmed to CBS News Saturday.| Tyler Cowen / Conversations with Tyler: |
Q&A with Anthropic co-founder Jack Clark on the parts of the economy AGI will affect last, why he's relatively bearish on AI-fueled economic growth, and more — And the inevitable future of AI-enhanced parenting — SUBSCRIBE - Apple - Google - Stitcher - Spotify - YouTube| Charles Daly / Bloomberg: |
Klarna, which said in 2024 that AI was doing the work of 700 customer service agents, starts hiring remote workers after the AI approach led to “lower quality” — To that end, Sebastian Siemiatkowski, 43, is plotting a rare recruitment drive so the buy-now-pay-later company's customers … | Nicole Kobie / Wired: |
As the consumer metaverse falters, the World Economic Forum projects the industrial metaverse will reach $100B by 2030, led by platforms like Nvidia Omniverse — Forget Mark Zuckerberg's vision of VR meetings; the industrial metaverse bridges digital and physical worlds in a way that's actually useful.| Lauren Kent / CNN: |
Pope Leo XIV says he chose his name to honor Pope Leo XIII's work during the first industrial revolution, as AI poses challenges in a new industrial revolution — Pope Leo XIV indicated on Saturday that his papacy will follow closely in the footsteps of the late Pope Francis … | Financial Times: |
Lloyd's of London insurers have launched a product to cover companies for losses if sued over AI chatbot errors, with policies developed by YC-backed Armilla — Policies will pay out for costs such as legal fees and court damages if AI tools underperform — Simply sign up to the Artificial … | Cheyenne MacDonald / Engadget: |
The FTC pushes the enforcement of its “click-to-cancel” rule requiring businesses to make canceling subscriptions as easy as signing up, from May 14 to July 14 — The Federal Trade Commission has delayed the start of a rule that aims to make the process of canceling subscriptions less of a nightmare.| Lulu Garcia-Navarro / New York Times: |
Q&A with Whitney Wolfe Herd about returning as Bumble CEO, Tinder lawsuit, being bullish about using AI in dating apps, funding for female founders, and more — Devin Oktar Yalkin for The New York Times — It feels like a lifetime ago, but when Whitney Wolfe Herd co-founded her first company … | Will Knight / Wired: |
Singapore unveils a blueprint for global collaboration on AI safety, developed in consensus with researchers and experts from the US, China, and other countries — In a rare moment of global consensus, AI researchers from the US, Europe, and Asia came together in Singapore to form a plan for researching AI risks.| FinSMEs: |
Thoma Bravo invests $100M+ in HubSync, a Tennessee-based tax and accounting automation and client experience platform for accounting firms and tax professionals — HubSync, a Franklin, TN-based provider of a tax and accounting platform, received an over $100M Growth investment from Thoma Bravo.| Nicholas Kristof / New York Times: |
Court filing: internal docs show Pornhub had 706,000 videos in May 2020 flagged for child rape or other problems, often not removed until flagged 16+ times — What goes through the minds of people working at porn companies profiting from videos of children being raped?| Benj Edwards / Ars Technica: |
CMU researchers unveil LegoGPT, an AI model that designs physically stable Lego structures from text prompts and currently supports eight standard brick types — On Thursday, researchers at Carnegie Mellon University unveiled LegoGPT, an AI model that creates physically stable Lego structures from text prompts.| Ben Bergman / Business Insider: |
Source: Tel Aviv-based AI21 Labs, which is building its own LLMs and launched an AI orchestration system in March, is raising a $300M Series D — - AI21 Labs is raising a $300 million Series D funding round to build its own LLMs. — It aims to reduce hallucinations in generative AI, which would enhance reliability for companies.
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| Marianne Lavelle / Inside Climate News: |
| Erin Brodwin / Axios: |