The FTC has issued a warning to AI companies to avoid making false claims about the capabilities of their products, emphasizing the need for transparency and labeling of sponsored content. Recent actions by the agency against companies alleged to have violated advertising rules were highlighted, including cases against WealthPress, DK Automation, Automators AI, and CRI Genetics. Model makers were reminded to be clear about the information collected by chatbots and how it is used, referencing actions involving Ring and Alexa.
Nvidia has become the world’s most valuable company with a market cap of over $3.3 trillion, surpassing tech giants like Microsoft and Apple. Ten Nvidia shareholders, including board members and executives, have collectively seen a $36 billion increase in wealth in the past month as Nvidia’s stock price soared. Meanwhile, Tesla shareholders approved CEO Elon Musk’s $50 billion pay package, but concerns have been raised about Musk’s priorities with his other ventures like AI startup xAI and social media platform X potentially taking precedence over Tesla.
Common Crawl, a nonprofit that archives web content for research purposes, is facing demands from publishers to remove their articles from its databases and cease crawling their websites to prevent copyright infringements and protect content from being used to train AI systems. TikTok’s new ad tools that generate AI avatars of content creators and paid actors could pose potential legal risks, warned an attorney specializing in advertising compliance and litigation. The use of AI avatars to endorse products without proper disclosure may violate FTC rules on advertising.
Amazon’s Alexa and other popular chatbots like Google’s Gemini and Microsoft Bing are unable to definitively provide correct information on the winner of the 2020 presidential election, directing users to more reliable sources of information. In a political context, Victor Miller’s use of a ChatGPT-based bot called “VIC” to run for mayor in Cheyenne, Wyoming has raised legal concerns as it is not permissible for an AI to hold office. State officials have deemed the application as violating election codes, and OpenAI plans to take action against Miller.
Autonomous driving startup Waabi has secured $200 million in funding from backers like Uber, Khosla Ventures, Nvidia, and Porsche to develop robotrucks and test them in Texas. Tokyo-based model builder Sakana AI is also raising $100 million at a $1 billion valuation. Amidst concerns of misinformation and hate speech generated by AI models, Haize Labs is working to stress test and jailbreak leading AI models like OpenAI’s ChatGPT and others to identify and address safety issues before public launch, partnering with companies like Anthropic.
McDonald’s decision to halt testing of a voice-based AI system for taking drive-through orders after multiple issues, including misinterpretations resulting in incorrect orders. Former employees highlighted structural dysfunction and technological challenges faced by Amazon in the development of generative AI features for Alexa. The tech giant has been working to improve Alexa’s conversational capabilities, moving beyond basic commands to hold full-fledged conversations with users.
