SMW Magazine
SMW Vol.4 | AI Industry: Current Trends and Issues
2023-04-24

Artificial Intelligence (AI) Technology: Driving the Fourth Industrial Revolution and the Hottest Trend in the Tech Industry!

AI is causing a constant transformation in all aspects of our lives, and this trend is expected to continue not just this year, but in the years to come. As it has a significant impact on our society, it’s essential to pay attention to the development of AI industry and prepare for the evolving future.

    • Ep.1 Elon Musk founds X.AI, an AI startup rival to OpenAI
    • Ep.2 OpenAI’s Sam Altman Plans Japan Expansion with New Office
    • Ep.3 Spain Raises the Alarm on OpenAI’s ChatGPT Privacy Concerns, Urges EU Action
    • Ep.4 New AI Tool Unleashes Infinite Avatar and Game Character Creation
    • Ep.5 Artificial Intelligence Fundraising Report for Q1 2023

Ep.1 Elon Musk founds X.AI, an AI startup rival to OpenAI

Elon Musk, the tech entrepreneur known as the founder of PayPal, Tesla, and SpaceX, launches his new company, X.AI Corp. The news was shared by?The Financial Times and The Wall Street Journal. This is not the first time Musk has expressed interest in artificial intelligence. In 2015, he co-founded OpenAI, a research and development company devoted to responsibly advancing AI. However, he left the organization in 2018, citing disagreements on the best way to achieve its goals. readmore

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Ep.2 OpenAI’s Sam Altman Plans Japan Expansion with New Office

Sam Altman, the CEO of OpenAI, announced that the company plans to grow its business in Japan and open an office there. Altman further expressed his desire to collaborate with Japanese talents and improve the AI models to benefit the Japanese people. He made this statement after meeting Prime Minister Fumio Kishida at the Prime Minister’s Office in Tokyo on Monday. readmore

Ep.3 Spain Raises the Alarm on OpenAI’s ChatGPT Privacy Concerns, Urges EU Action

The Spanish data protection agency (AEPD) has requested that the European Union’s privacy watchdog assess the privacy issues related to ChatGPT, the AI-powered chatbot developed by OpenAI. This request follows growing global scrutiny of AI systems. According to?Reuters, which interviewed a spokesperson for the AEPD, Spain’s agency has acknowledged the need for coordinated decisions at a European level for processing operations that may impact individual rights.?readmore

Ep.4 New AI Tool Unleashes Infinite Avatar and Game Character Creation

Software company specializing in life-like digital avatars?Didimo?has unveiled Popul8, an innovative AI tool designed to assist game developers and artists. The tool can rapidly produce a vast array of unique game figures cost-effectively, allowing creators to populate their games with diverse non-playable characters (NPCs) or primary characters.Metaverse Post had an exclusive opportunity to interview?Joao Orvalho, Chief Technology Officer at Didimo, to gain insights on how the AI tool can enhance avatar development. readmore

Ep.5 Artificial Intelligence Fundraising Report for Q1 2023

In the past few months, the use of artificial intelligence has become increasingly prevalent in a variety of industries. From finance to fashion, different spheres have been exploring this breakthrough technology. The rise of ChatGPT and its new AI model, GPT-4, brought even more possibilities to the industry. readmore

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