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FEC moves toward regulating AI deepfakes in political campaign ads
Aug 11, 2023
Made with Midjourney. Prompt: ‘a robot giving the inaugural address --ar 16:9 --v 5.2’
⚡ Today’s Highlights
📰 News: FEC moves toward regulating AI deepfakes in political campaign ads
💰 Funding: Virtualitics, WINT Water Intelligence, Serve Robotics, Rootly, and Middleware
📰 Today's Top Stories
(7 min read) (Source: PBS)
TLDR: The Federal Election Commission (FEC) is considering regulations on AI-generated deepfakes in political advertising for the 2024 elections, aiming to combat disinformation in the electoral process.
Generative AI tools have made it simpler and cheaper to produce realistic fake imagery. Florida GOP Gov. Ron DeSantis and the Republican National Committee are among those that have already used these technologies in their current campaigns.
While the advocacy group Public Citizen pushes the FEC to address "fraudulent misrepresentation" in AI deepfakes, concerns arise about the agency's jurisdiction over regulating such ads and potential First Amendment violations.
Proposals suggest requiring candidates to disclose AI usage in misrepresentations. However, potential FEC regulations might not cover threats posed by outside groups or individual social media users disseminating misleading content.
The Big Picture: The integration of AI-generated deepfakes into political campaigns highlights the profound ethical and legal challenges societies face in the digital age. As technology evolves, ensuring accurate representation and combating misinformation becomes crucial for maintaining trust in democratic processes.
(8 min read) (Source: Billboard)
TLDR: AI company Futureverse introduced "Jen-1," an advanced text-to-music generator set to launch in 2024, promising improvements over existing models such as Google's MusicLM. Jen-1 offers enhanced audio quality and more complex song creations.
Co-designed with music industry insiders, Jen-1 supports musicians in song completion with features like 'continuation' and 'in-painting', providing assistance in finishing or mending incomplete tracks, thus extending human artistic creativity.
Established from merging eleven AI and metaverse startups, Futureverse seeks to democratize high-quality music production, targeting both professional musicians and newcomers. Their strategy contrasts with major tech players, emphasizing collaboration with the music industry for a superior product.
(3 min read) (Source: TechCrunch)
TLDR: OpenAI has extended the "custom instructions" feature for ChatGPT to all users, initially available only to ChatGPT Plus subscribers. This tool gives users enhanced control over ChatGPT's responses, considering specific user preferences.
Users can establish consistent instructions for the AI chatbot, such as setting answer character limits or adjusting tone.
The custom instructions option is now available for free-tier users, and on both iOS and Android platforms and the EU/U.K. release is anticipated soon.
👀 More Reading:
Fake goods are everywhere online, experts say. Here's how to spot them. (Business Insider)
Can an AI Save a Life? (The Atlantic)
To Navigate the Age of AI, the World Needs a New Turing Test (WIRED)
Hospital bosses love AI. Doctors and nurses are worried. (The Washington Post)
Imagine for a moment that you’re an AI (TechCrunch)
💰 Funding Alerts
1. Virtualitics, an AI and data exploration company specializing in intelligent data exploration, raised a $37M Series C.
Virtualitics' AI-powered platform empowers both data scientists and business users to extract insights from complex datasets rapidly. Its natural language queries and VR/AR capabilities enhance collaboration and understanding. The platform enables advanced analytics and discovery of hidden patterns in complex, multi-dimensional data, providing immersive 3D visuals and insights for informed decisions.
Round led by Smith Point Capital, LLC, with participation from Citi and advisory clients of The Hillman Company.
Funding is for growth and innovation, enhancing the AI platform's capabilities through the incorporation of more machine learning and data analytics features.
2. WINT Water Intelligence, which leverages AI and IoT technology to provide water management and leak-prevention solutions, raised a $35M Series C.
WINT’s solutions are designed for commercial facilities, construction sites, and industrial manufacturers, helping reduce water waste and environmental impact.
Round led by Inven Capital (Michal Mravec, Investment Director) and Insight Partners, along with participation from Taronga Ventures and other prop-tech and construction-tech investors.
Funding is for driving global market expansion and technological innovation.
3. Serve Robotics designs, develops, and operates self-driving robots and an AI-powered mobility platform for sustainable, zero-emission deliveries. They raised an aggregate of $30M in financing, bringing the total funds raised to over $56M.
Financing led by existing investors, including Uber, NVIDIA, and Wavemaker Partners, with participation from new investors Mark Tompkins and Republic Deal Room.
Funding is for expanding into new markets across the United States and scaling its robotic fleet. It will also support the advancement of its AI-powered mobility platform and fulfill its commercial agreement to deploy robots with Uber Eats.
4. Rootly, an AI-powered incident management platform, raised a $12M Series A.
Rootly’s platform automates manual admin tasks, such as paging responders, tracking action items, stakeholder communication, and generating retrospectives.
Round led by Renegade Partners and included participation from Google Gradient Ventures and XYZ Ventures.
Funding is for expanding product development, strengthening global engineering presence, and boosting sales and marketing efforts.
5. Middleware, an AI-powered cloud observability platform, raised a $6.5M seed round.
Middleware’s platform identifies, understands, and resolves issues across cloud infrastructure using real-time monitoring and insights.
Round led by 8VC, with participation from Fin Capital, Vercel CEO Guillermo Rauch, and others.
Funding is for team growth, new feature development, customer acquisition, and the creation of an advanced AI advisor using generative AI to enhance cloud observability.
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