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🕵️ Microsoft escapes EU probe
JOB BOARD | PRO | PODCAST | TOOLS | ACCREDITATIONS
Welcome to AI Tool Report!
Thursday’s top story: Microsofts $13B partnership with OpenAI is no longer being investigated by EU antitrust regulators for unfair competition, as the deal didn’t result in a takeover of the company.
🌤️ This Morning on AI Tool Report
🕵️ Microsoft’s $13B OpenAI deal escapes EU probe
🔥 Google’s Alphabet prevents natural disasters with AI
⬆️ LinkedIn testing ‘Premium’ AI subscription
👻 Snapchat copies Meta and watermarks AI images
Read Time: 5 minutes
FINANCE
REGULATIONS
🕵️ Microsoft’s $13B OpenAI deal escapes EU probe
Our Report: Microsoft’s multi-billion dollar partnership with OpenAI will escape a formal investigation from EU antitrust regulators, who were concerned over big tech companies' AI partnerships and the impact on competition.
🔑 Key Points:
In January, EU regulators stated that Microsoft's $13B partnership with OpenAI could be considered an acquisition, resulting in unfair competition and market dominance.
They’ve since established that the partnership didn’t result in a takeover and would “need to conclude a change of control on a lasting basis” before opening an investigation.
However, the Microsoft-OpenAI partnership is also under scrutiny from the UK Competition and Markets Authority to see if the deal affects competition among UK firms.
🤨 Why you should care: To evade further regulatory scrutiny, Microsoft is actively seeking partnerships with other generative AI companies, recently announcing its multi-year partnership with the French start-up, Mistral AI, although the EU has declared it will also be analyzing this agreement.
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ENVIRONMENT
🔥 Google’s Alphabet prevents natural disasters with AI
Google’s parent company Alphabet and its spin-off AI company (called X) have unveiled “Project Bellwether”, which uses AI to forecast natural disasters, like wildfire and flooding.
Project Bellwether enables environmentalists to forecast wildfire risks up to five years in advance and helps first responders identify “critical infrastructure” during natural disasters.
The US National Guard Defense Innovation Unit will utilize Project Bellwether, as current technology is delaying response times, causing damage to humanity and property.
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✅ Blog
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RECRUITMENT
⬆️ LinkedIn testing ‘Premium’ AI subscription
LinkedIn is testing a ‘Premium Company Page’ subscription, which (for $99p/m) will include AI features to help subscribers write posts, grow followers, and raise company profiles.
These AI features are aimed at small-to-medium businesses to help them attract customers, build credibility, stand out to their audience, and achieve their business goals.
This follows reports in March that LinkedIn’s Premium user subscriptions grew by 25% year-on-year, and it made $15B in 2023, with $7B of that coming from its recruitment business.
AI SAFETY
👻 Snapchat copies Meta and watermarks AI images
Like Meta, social media platform Snapchat will stamp transparent watermarks (in the shape of its ghost logo) on images created using its AI tools, once they’ve been downloaded.
Currently, Snapchat marks AI content with “context cards” that explain how AI features work, and “contextual” icons to make users aware of AI content.
These safety measures come after its recently launched “My AI” chatbot made some questionable responses about potentially unsafe subjects, like alcohol, last year.
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