Bitget Will Host the 5th Anniversary Starlight Party Themed “Mining the Web3 Future With AI” in Taiwan
According to TechFlow news, Bitget will hold the "Give me five" fifth anniversary starlight party in Taiwan on August 31st. The theme of this conference is "Mining the Web3 Future with AI". It will gather experts and KOLs from the coin circle across Taiwan, and there will be a roundtable forum for exchanging ideas to explore the new direction of Web3 under the AI wave. Earlier, Bitget announced its brand upgrade, with "Trade smarter" as its core concept, committed to shaping a smarter digital future.
Zoom Updates Terms of Service to Clarify AI Data Scraping Policy
Zoom has updated its terms of service to clarify that it will not use customer content to train AI without their consent, following backlash from users. The AI-related terms were added in March, but were only recently brought to users' attention. The company's meeting summary tool and message composer are opt-in features, with account owners or administrators able to control their enablement.
Author Jane Friedman Calls for Guardrails on Generative AI and Verification of Authorship on Amazon
Jane Friedman, an author and professor, has been unsuccessful in getting Amazon to remove books falsely attributed to her from their website. She believes the books were generated using AI and were listed without her consent. Despite reporting the issue to Amazon, the company refused to remove the books without a trademark registration number. Friedman has called for measures to be put in place to verify authorship and prevent fraudulent books from being credited to them. The AMPTP negotiations collapsed due to the need for guardrails on generative AI, leading to a strike by members of the WGA and SAG-AFTRA.
Futurverse Co-Founders Launch $50 Million Venture Fund and Studio for Emerging Technology Ventures with Collaboration Potential
Shara Senderoff and Aaron McDonald, the co-founders of Futurverse, a company specializing in AI and metaverse, have launched a new venture fund and studio called "Born Ready" with a $50 million investment. The fund will invest in emerging technology ventures that have collaboration potential with either Futurverse or metaverse blockchain The Root Network. Born Ready has already invested in several firms, including FCTRY Lab, Power'd Digital, Polemos, and Walker Labs. The firm plans to introduce an accelerator program soon and has previously raised $54 million in a Series A round. Meanwhile, Web3 and crypto venture capital funding have fallen 79% YoY to $779 million over 62 deals in June, with almost all of the new funding going to blockchain infrastructure projects.
Berlin-based proptech startup dao secures €1.5m in pre-seed funding to expand operations and development efforts.
Berlin-based proptech startup dao has secured €1.5m in pre-seed funding from investors including wefox's Julian Teicke and Kaufland e-commerce's Gerald Schönbucher. The funds will be used to expand the company's operations and development efforts. Co-founded by Jona Schaeffer and Mavi Teicke, dao uses AI to automate administrative tasks such as contract handling and bookkeeping, and combines technology with operations to provide property management services.
Inworld AI Raises Over $50 Million in Funding, Valuation Reaches $500 Million
Inworld AI, a video game developer focused on using AI to create more interactive non-player characters, has closed its latest funding round, bringing its total valuation to $500 million. The round was led by Lightspeed Venture Partners and included contributions from Stanford University, Samsung Next, Microsoft's M12 fund, Eric Schmidt's First Spark Ventures, and LG Technology Ventures.
New Bills Aim to Protect Performers from Being Replaced by AI in Film and TV Production
Legislators at both state and federal levels are introducing bills to protect performers from being replaced by artificial intelligence (AI) in film and television productions. Two bills in New York, Senate Bill S7422 and Assembly Bill A7634, would prohibit production companies from using AI if they seek the Empire State Film Production Credit. Meanwhile, House of Representatives Bill H.R. 6553, known as the AI Jobs Act of 2022, would require the Secretary of Labor to research and report on AI's impact on the American workforce. The bills emerge as negotiations between the Writers Guild of America and the Alliance of Motion Picture and Television Producers resume, with AI a sticking point.
AI Startup “Cyber Manufacture Co.” Completes Tens of Millions of Dollars in Financing
Cyber Manufacture Co., an AI start-up company led by Chinese, announced the completion of tens of millions of dollars in financing. This round of financing was led by American technology tycoon and venture capitalist Vinod Khosla, and the old shareholder Synergis Capital followed. According to reports, the company released the AI technology preview Quantum Engine in January 2023. Users can use natural language to interact with NPC characters, and AI will generate real-time plot interactions. At present, relevant technology accumulation is being used to develop the next-generation AGI-based operating system OS2 .