Hello everyone,

Christmas has just passed and the new year is just around the corner, many things have happened but before we start I hope you all had a great Christmas, it only happens once a year and is always a great time to spend with your loved ones. There is only so much time on this earth and you just gotta make the most of it ❤️ 🌎

🧵 In today's edition:

• 🍎 Apple wants to use the news to help train its AI models

• 💸 OpenAI in talks to raise new funding at $100 bln valuation

• 🚨 New York Times sues OpenAI and Microsoft for 'billions'

• ❤️ My favourite AI tools this week

• 🌍 AI News Roundup

• 🐦 That’s a wrap

Read Time: 5 min 30 sec

LATEST DEVELOPMENTS

🍎 Apple Wants to use the news to help train its AI models

The Bloopers: Apple's chatting with big-shot publishers like Condé Nast and NBC News. They’re discussing potential multiyear deals worth at least $50 million. The tech giant aims to license news archives from these publishers to enhance its generative AI systems.

The Details:

• Apple is negotiating multiyear deals, estimated at a minimum of $50 million, with prominent news publishers.

• The discussions involve licensing news archives to support the training of Apple's generative AI systems.

• Publishers, such as Condé Nast, NBC News, and IAC, have received mixed responses to Apple's proposals.

• Concerns have been raised about potential legal liabilities for publishers arising from Apple's use of their content.

• Apple's plans for integrating news archives into its generative AI systems remain somewhat vague, contributing to varied reactions from news executives.

• Apple, Condé Nast, NBC News, and IAC have not provided immediate comments on the ongoing negotiations.

• Apple's recent focus on artificial intelligence includes significant investments, reportedly spending "millions of dollars a day" on AI-related endeavours.

• The company has released a machine learning framework optimised for Apple Silicon and is actively working on improving Siri and introducing AI-focused features in upcoming iOS releases.

My Thoughts: While Apple has seemingly lagged behind in the AI race, innovative research like this shows the tech giant is quietly preparing to make waves. If (or when) Apple integrates advanced AI tech into the iPhone — it could be another 0 to 1 moment for adoption and demand. Will we finally see a major change in the next iPhone 16 or 17?

Just as I am about to publish this I found a new post on Twitter (X) showing Apple’s new Open Source AI model “Ferret” which was introduced back in October?!

💸 OpenAI in talks to raise new funding at $100 bln valuation

The Bloopers: OpenAI's making headlines with early talks of a hefty funding round, aiming for a valuation above $100 billion. The deal's still in the works, with terms and timing yet to be finalized. There's also some chatter about a chip venture with G42 in Abu Dhabi.

The Details:

• OpenAI is in the early stages of a funding round targeting a valuation of over $100 billion, as reported by Bloomberg News.

• The specifics of the funding deal, its valuation, and the timing are yet to be nailed down, leaving room for adjustments.

• Discussions are underway for a new chip venture with Abu Dhabi-based G42, aiming to secure between $8 billion and $10 billion.

• A separate tender offer, led by Thrive Capital, is on the horizon for early January. This offer allows employees to sell shares at a valuation of $86 billion.

• Microsoft has committed to investing over $10 billion in OpenAI. The partnership began with the release of ChatGPT in November 2022, sparking a surge in OpenAI's valuation.

• The introduction of ChatGPT, a chatbot generating human-like responses, played a pivotal role in boosting OpenAI's popularity and valuation. A previous share sale hit $300 million at a $30 billion valuation.

• In late November, CEO Sam Altman faced an unexplained ousting, causing concern among investors and employees. He was swiftly reinstated four days later, accompanied by the promise of a new board.

My Thoughts: OpenAI's latest financial maneuvers hint at a silent revolution in the making. With substantial funding, potential chip ventures, and Microsoft's backing, it feels like a turning point for OpenAI. Let’s wait to see what 2024 brings for the company.

🚨 New York Times sues OpenAI and Microsoft for 'billions'

The Bloopers: The New York Times takes legal action, suing OpenAI and Microsoft for alleged copyright infringement, claiming the companies utilized millions of its articles to train their AI models, directly competing with its content.

The Details:

• The lawsuit alleges that OpenAI and Microsoft's large language models (LLMs) can generate content that mimics the Times' style, undermining its relationship with readers and impacting revenue streams.

• The complaint argues that these AI models jeopardize high-quality journalism by hindering news outlets' ability to protect and monetize their content.

• The Times seeks "billions of dollars in statutory and actual damages," demanding OpenAI and Microsoft be held liable for copyright infringement and requesting a court order preventing the use of its content in AI model training.

My Thoughts: The New York Times is throwing down a big fight against OpenAI and Microsoft, alleging they've crossed the copyright line in AI development. This legal tussle opens up questions about the intersection of media, AI, and intellectual property. Negotiations are happening, and while it's complex, I'm keen to see how this will influence future tech such as how and what AI chatbots will be able to train themselves on.

❤️ MY FAVOURITE AI TOOLS THIS WEEK

☀️ BeforeSunset - AI-powered tool for calendar, task, and to-do organization (link)

⏰ ✅ Osum - helps you perform deep market research in seconds (Link)

👑 Automatica - helps generate qualified leads weekly (Link)

🎯 Convertlyio - enables creation of AI-powered lead-generation quiz funnels in seconds. (Link)

🌎 AI NEWS ROUNDUP

🔮 AI can predict events in people's lives

Researchers from Denmark and the US developed an AI model called Life2vec that can analyze data about people's lives from sources like health records and predict future events.

It predicted things like time of death, career changes, and health outcomes very accurately. The model works by organizing life events into sequences and finding patterns.

📲 Apple has found a way to enable LLM’s to run on devices with limited memory

Apple researchers have developed a method to enable large language models (LLMs) to run effectively on devices with limited memory, such as smartphones. This advancement aligns with rumours of Apple preparing numerous AI-powered features for the iPhone, indicating a significant push into AI capabilities for handheld devices.

💝 Philip Willet created a touching Christmas gift for his mother using AI

Philip Willett from Missouri created a unique Christmas gift for his mother using AI to replicate his late father’s voice. The emotional moment shared on TikTok, went viral and featured a touching video book combining the AI-generated voice message with family photos.

📌 Get ready: Humane’s AI Pin clips on this March

Humane's AI Pin, the much-anticipated AI-powered wearable, is set to begin shipping in March 2024 for those with priority orders. The device boasts innovative features like selecting from various AI services for user queries and a projection system for screen-free interaction. However, it comes with a steep price of $699 plus a monthly subscription.

💭 Quote of the Week 

❝ 

The difference between successful people and really successful people is that really successful people say no to almost everything.

 Warren Buffet

🐦 THATS A WRAP

This year has been a wild ride in the world of AI. The ever-changing landscape of it has been incredible. Every day there have just been non-stop updates and thousands of new tools being released monthly.

What will happen in the world of AI for 2024 is hard to determine. But what I do know is that big things will happen next year. I think that AI will impact us globally, taking on significantly greater roles both physically and online.

Looking back at how fast we are currently advancing is insane and 2024 will show us how much more insane it will be compared to 2023.

What do you guys think will happen in 2024?

Keep Embracing the Future, One Byte at a Time! 🔄

See You Next Week