AI @ Noon | May 29

A tiny Mediterranean island wants a piece of the global AI frenzy: Malta is betting artificial intelligence can solve many of its biggest societal challenges and, perhaps, finally establish the island as a tech hub. Bloomberg

Washington pushes for new AI rules protecting artists as Hollywood backlash mounts: Yahoo reports Senators are pushing to introduce a bill as early as June that would set rules governing the use of artificial intelligence in the music and movie industries, an effort that coincides with new AI tensions roiling Hollywood.

+ The NO FAKES Act — which stands for Nurture Originals, Foster Art, and Keep Entertainment Safe — is a bipartisan proposal that would stop individuals or companies from using AI to produce an unauthorized digital replica of their likeness or their voice.

Nvidia surges for a third day, adding some $470 billion to its market cap.

SoftBank plans to invest $9 billion per year into artificial intelligence. 

Bloomberg: Ex-OpenAI director says board learned of ChatGPT launch on Twitter

+ Helen Toner spoke about Sam Altman’s firing in a new podcast

+ Toner has called for more regulation around AI safety


Jan Leike, the former co-head of an OpenAI safety team focused on long-term risks, is joining its artificial intelligence rival Anthropic, Leike said in a post on X Tuesday.

OpenAI forms new committee to evaluate safety, security: WSJ reports the move comes after the ChatGPT creator was involved in a legal standoff with Scarlett Johansson over the release of a new female voice assistant.

Bloomberg: OpenAI creates oversight board featuring Sam Altman after dissolving safety team

+ Committee with directors, execs has 90 days to report to board

+ Move follows team exits, criticism from former board members


OpenAI begins training next AI model as it battles safety concerns: Executive appears to backtrack on start-up’s vision of building ‘superintelligence’ after exits from ‘superalignment’ team. FT

OpenAI starts training a new AI model while forming a safety committee: Amid turmoil, the company also announced it is forming a new committee to evaluate the safety and security of its artificial intelligence products. WP

Mistral AI, France’s startup darling, takes aim at the US market: The company’s first US manager says businesses are looking for alternatives to Big Tech. Bloomberg

Reuters: Klarna using GenAI to cut marketing costs by $10 mln annually

AI washing is real. This is how to see through deceptive claims: 
Similar to greenwashing—false marketing around a product or practice’s environmental benefits—AI washing has solutions that aren’t trustworthy to capitalize on the imperative need for adoption. FC

Top FTX executive sentenced to 7½ years in prison: NYT reports Ryan Salame, the head of FTX’s subsidiary in the Bahamas, was the first of Sam Bankman-Fried’s deputies to be sentenced since the crypto exchange collapsed in November 2022.

‘Atlas’ review: AI shrugged: Jennifer Lopez stars in a sci-fi action thriller that wonders whether artificial intelligence is really all that bad. NYT

Enjoy the ride + plan accordingly.

-Marc