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China will be at UK AI summit despite objection from Japan, USA, and EU

Aug 28, 2023

Made with Midjourney and Canva. Prompt: ‘3 politicians with angry facial expressions sitting at a table across from another politician --ar 16:9 --v 5.2’

⚡ Today’s Highlights

  • 📰 News: China will be at UK AI summit despite objection from Japan, USA, and EU

  • 💰 Funding: Aily Labs, Scriptic, and Metroc

  • 📅 Events: Sign up for these AI events before ticket prices increase!

📰 Today's Top Stories

(8 min read) (Source: POLITICO)

TLDR: U.K.'s top diplomat, James Cleverly, is expected to visit Beijing ahead of a major Artificial Intelligence (AI) summit planned in November. The Rishi Sunak-led U.K. government aims to include China in the summit despite objections from Japan, the U.S., and the EU.

  • The British administration is exploring how to include China in the summit without upsetting its key allies. The aim is to make the AI summit broad-based, considering China is a leading power in AI technology, second only to the U.S.

  • The summit will focus on advanced AI or "frontier models," aiming to establish voluntary yet detailed guidelines for the safe development and deployment of these new models. The discussions will build upon existing international efforts, such as the OECD and G7 Hiroshima AI Process.

  • Japan has proposed an alternative: to include China through G7 ministerial meetings, as it chairs the G7 this year. This comes as BRICS nations (Brazil, Russia, India, China, South Africa) announce a new study group focused on AI technical collaboration and governance.

The Big Picture: Domestic and international tensions surround the decision to involve China. The U.K.’s efforts to involve China in global AI governance signals their optimistic view of one of the world’s most advanced tech powers. Striking a balance between open dialogue and geopolitical sensitivities is becoming a precarious but necessary task, especially as AI becomes a cornerstone of economic and societal advancements.

(2 min read) (Source: Bloomberg)

TLDR: In response to criticism over data scraping methods, OpenAI introduced a mechanism allowing websites to block ChatGPT from gathering their content.

  • Since the new feature was rolled out, major platforms like Amazon, Airbnb, Ikea, Glassdoor, and Quora have implemented code that acts as rules of engagement for the bots and prevents companies like OpenAI from scraping their data.

The Big Picture: The move to allow websites to block web crawlers signals a significant pivot in the data-gathering landscape for AI training. As businesses become more protective of their intellectual property, there's an emerging tension between AI innovation and data privacy, impacting how startups and tech investors approach AI development and data sourcing strategies.

👀 More Reading

💰 Funding Alerts

1. Aily Labs, an AI SaaS company that offers a mobile-first AI decision intelligence app, raised €19 million in a Series A round.

  • Aily Labs is revolutionizing global business performance tracking and decision-making with a 360° integrated view of enterprise data and advanced AI/ML techniques.

  • Round led by Insight Partners (Hilary Gosher, Managing Director), a global software investor.

  • Funding will be used to scale operations, expand in the United States, accelerate innovation in digital solutions and applied GenAI, and become the number one AI decision intelligence platform.

2. Scriptic, a media tech company leveraging generative AI for visual and script-writing content, raised $8.7 million in its seed round.

  • Scriptic aims to reshape interactive entertainment by pushing the boundaries of interactive content with its scalable and efficient mobile-first approach.

  • Round led by BITKRAFT Ventures including a $500,000 investment from Sony Innovation Fund.

  • Funding will be used to support growth and the expansion of Scriptic's interactive phone-first shows and content. It also plans to create a community of creators through a cloud-based creator suite, empowering everyday storytellers.

3. Metroc, a construction tech company whose AI-enhanced platform offers tools for housing and real estate companies, raised €2 million in seed funding.

  • Metroc's AI platform streamlines construction project discovery and market monitoring, potentially transforming how housing and real estate companies operate in the industry.

  • Round led by Lifeline Ventures and angel investors.

  • Funding will be used to expand Metroc's presence in Nordic countries and beyond. The company aims to grow its team in tech, sales, and marketing.

 📅 Upcoming Events

Efficient Generative AI Summit 2023 (Sept 11, 2023 / Santa Clara Marriott, CA, USA)

  • This event puts efficiency-boosting technologies in front of the vanguard of enterprises and software developers who are seriously looking at scaling generative AI projects or products.

  • The summit will unite the leading experts in generative AI including high-level enterprise technologists, application developers, model and infra builders.

SAS Explore (Sept 11-14, 2023 / Las Vegas, NV, USA)

  • Prepare to revolutionize your skills – and your organization – with groundbreaking AI and analytics strategies that redefine what’s possible. Gain the expertise to achieve faster results, stay ahead of change and outpace tomorrow.

AI Hardware & Edge AI Summit (Sept 12-14, 2023 / Santa Clara Marriott, CA, USA)

  • This summit comprehensively covers the design and deployment of ML hardware and software infrastructure across the cloud-edge continuum.

  • Attend a unique AI systems event that will give you both hardware and software tools and techniques for training, deploying, and serving machine learning.

Data Science Connect Europe Conference 2023 (Sept 13-14, 2023 / Virtual)

  • This conference will showcase the wide variety of advanced data science applications throughout Europe as experts and practitioners across industries and disciplines discuss how they are leveraging data science in their respective verticals and domains.

Intelligent Health 2023 (Sept 13-14, 2023 / The Congress Center, Basel, Switzerland)

  • This global summit purely focuses on AI in healthcare. It brings together the world’s brightest AI health brains from pharmaceutical, biotech, medtech, health provisions, clinicians, tech companies, startups, investment, and science to advance discussions on how to apply AI and drive technological collaboration in healthcare.

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