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Copilot available for Excel, TikTok goes all in on AI, copyright laws under fire with new AI lawsuits
Sorin Ciornei
March 01, 2024
Welcome, AI enthusiasts
Copilot available for Excel, TikTok goes all in on AI, copyright laws under fire with new AI lawsuits
In todayβs newsletter:
Microsoft launches Copilot for Finance
Generative AI Is Challenging a 234-Year-Old Copyright Law
AI takes priority at TikTok owner ByteDance, as Sora disrupts the future of video creation
Jeff Bezos, Nvidia join OpenAI in funding humanoid robot startup Figure AI
Midjourney provides more details during their office hours on Discord
NEWS OF THE DAY
What: Microsoft Copilot for Finance in Microsoft 365 is now in public preview.
Key points:
π‘ Users can interact with Copilot in natural language, getting insights and recommendations.
π¬ Copilot for Finance supports scenarios like variance detection, audits, and collections.
π Microsoft emphasizes the potential for generative AI to drive revenue growth in the next 3-5 years.
π Copilot for Finance connects to existing financial systems and is built for finance professionals.
π Real-world results at Microsoft show significant time savings and cost reductions with Copilot for Finance.
Noteworthy: We are seeing how AI will appear in most entreprise solutions. This will help with productivity gains at first, secondly to hiring freezes until some type of equilibrium is found.
EDITORIAL
What: We recently did an interview with a great startup that can already claim customers like the Danish Ministry of Education and the International Energy Agency (IEA).
Key points:
π Pattrnz, founded in November 2022, specializes in data science-powered SaaS solutions for workplace transformation.
π Pattrnz leverages AI, network science, and social network analysis to address communication challenges in knowledge-intensive organizations.
π οΈ Pattrnz's tools, including AI Team Assembler, Talent Dashboard, and Pattrnz Meet, aim to enhance collaboration in hybrid work environments.
Noteworthy: Enterprise solutions are starting to mature and find their way to the workplace. Pattrnz helps with matchmaking your workforce skillsets with your projects, or help you make better decision during your recruiting process.
LATEST NEWS
π€ Copyright challenges: Generative AI is facing legal challenges with at least nine copyright-infringement lawsuits against companies using copyrighted books for AI training.
π Importance of copyright: Copyright plays a significant role in motivating authors to invest time and energy in creating original works, as it protects against unauthorized use.
πΌ Lawsuits and liability: AI companies like OpenAI and Meta argue that their language models create "transformative" original work, defending against lawsuits and potential liability amounting to hundreds of millions of dollars.
π€ ByteDance, the owner of TikTok, considers AI a crucial battleground and is prioritizing AI development.
π― Founder Zhang Yiming, no longer CEO but influential, is dedicating significant time to studying AI.
π Liang Rubo, the current CEO, outlines three GenAI objectives: boost AI talent recruitment, enhance organizational structure, and improve fundamental research.
π ByteDance is actively hiring for GenAI-related positions, with over 300 job openings, including over 100 for large language models (LLMs) like ChatGPT.
Tech giants including Amazon, Nvidia, and Microsoft are pouring investments into startup Figure AI, which specialises in creating human-like robots. The venture, also supported by OpenAI and backed by a consortium of investors, is in the midst of securing approximately $675 million in funding, valuing the company at around $2 billion, as reported by Bloomberg.
Bezos committed $100M, alongside Microsoft ($95M), Nvidia ($50M), Intel ($25M), Samsung ($5M) and other investors.
Midjourney provides more details during their office hours on Discord
Quick recap.v6
Character + Style reference and describe coming next week
testing character reference now
can pull the same character across different styles
new style reference will break the old one
will test new describe soon
looking at adding style random
also working on v7
Other
upgrading servers: faster and better code
turbo mode at some point
working on social features on website (behind)
working on improving mobile
lightbox changes in alpha site
thinking about personalization
will test v5 style tuner to v6
may open up API to chat companies
MIDJOURNEY PICK OF THE DAY
Full-Shot AngleοΌA cute kitten styled as the Statue of Liberty, standing tall with a torch and a tablet, against the backdrop of the New York skyline or distant Liberty Island good weather
Check out our guides on how to generate the best Midjourney pictures, from fashion, nature, street art or illustration.