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India Proposes Royalty System for AI Training on Copyrighted Content

India Proposes Royalty System for AI Training on Copyrighted Content

India has introduced a proposal that mandates AI companies like OpenAI and Google to pay royalties for using copyrighted content to train their models. This initiative, released by India's Department for Promotion of Industry and Internal Trade, suggests a 'mandatory blanket license' allowing AI firms access to copyrighted works in exchange for payments to a collective body of rights holders. The proposal aims to reduce compliance costs for AI companies while ensuring fair compensation for creators. This move comes amid global legal challenges regarding the use of copyrighted material for AI training, with courts in the U.S. and Europe still deliberating on the legality of such practices. The Indian government has opened the proposal for public consultation, inviting feedback from stakeholders before finalizing the framework.
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Mitchell Institute Calls for DoD Review to Enhance Space Superiority

Mitchell Institute Calls for DoD Review to Enhance Space Superiority

The Mitchell Institute has released a report urging the Department of Defense (DoD) to conduct an independent 'roles and missions' review across the national security enterprise to ensure the U.S. military achieves space superiority. The report, titled 'Charting a Path to Space Superiority: The Cross-Domain Imperative,' highlights the need for clarity in the roles of the U.S. Space Command and U.S. Space Force, which were established in the past six years. Jennifer Reeves, a retired Air Force colonel and senior resident fellow for space studies at the Mitchell Institute, emphasized the absence of checks and balances in these organizations. The report suggests that while other military services should operate counterspace capabilities, these must be under the command of Space Command to prevent undermining broader space operations.
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Nvidia's Financial Performance and Strategic Moves Highlight Growth and Challenges

Nvidia's Financial Performance and Strategic Moves Highlight Growth and Challenges

Nvidia's Financial Performance and Strategic Moves Highlight Growth and Challenges
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Aware Super CIO warns of 'orange' lights in AI financing as valuations soar

Aware Super CIO warns of 'orange' lights in AI financing as valuations soar

By Scott Murdoch SYDNEY, Dec 9 (Reuters) - The chief investment officer of Australian pension fund Aware Super says there are flashing "orange" lights in some funding arrangements in the global artificial intelligence industry but earnings growth is backing up the sector's current valuations.
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Meta pledge to use less personal data for ads gets EU nod, avoids daily fines

Meta pledge to use less personal data for ads gets EU nod, avoids daily fines

By Foo Yun Chee and Louise Rasmussen BRUSSELS, Dec 8 (Reuters) - Meta's proposal to use less personal data for targeted advertising in its pay-or-consent model that will be rolled out next month won the approval of EU antitrust regulators on Monday, signaling the company will not face daily fines
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Pentagon to Deploy New AI Tools for Military Use, Prioritizing Rapid Innovation

Pentagon to Deploy New AI Tools for Military Use, Prioritizing Rapid Innovation

The Pentagon is set to deploy new AI tools for logistics, intelligence analysis, and combat planning within days or weeks, according to Emil Michael, the defense undersecretary for research and engineering. This initiative follows the consolidation of the Defense Innovation Unit and the Chief Digital and Artificial Intelligence Office to accelerate AI deployment. The focus on AI comes amid advancements in large-language-model tools like ChatGPT, which have expanded the potential applications of AI in military contexts. Michael emphasized the need to catch up with these technological advancements and integrate them into the Department of Defense's operations.
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Alphabet's AI Advancements Propel Stock Growth, Challenge OpenAI's Market Position

Alphabet's AI Advancements Propel Stock Growth, Challenge OpenAI's Market Position

Alphabet's AI Advancements Propel Stock Growth, Challenge OpenAI's Market Position
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NextEra expands Google Cloud partnership, secures clean energy contracts with Meta

NextEra expands Google Cloud partnership, secures clean energy contracts with Meta

Dec 8 (Reuters) - NextEra Energy expanded its partnership with Alphabet's Google Cloud to scale up data center capacity, while securing over 2.5 gigawatts of clean energy contracts from Meta across the U.S., the company said on Monday. Shares of NextEra were up 2.7% in premarket trading.
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China's AI Wearables Market Gains Momentum with Global Reach

China's AI Wearables Market Gains Momentum with Global Reach

China's artificial intelligence (AI) device market is experiencing rapid growth, with the country's expertise in hardware potentially giving it an edge in the global technology race. According to Dr. Kai-Fu Lee, CEO of 01.AI, China's manufacturing capabilities provide a strong foundation for this growth. The competition, which initially focused on software and applications, is now shifting towards devices. Chinese companies have quickly entered the smart glasses market following Meta's success, with over 70 companies producing similar products. Notable Chinese brands like Inmo and Rokid are selling their AI-enabled eyewear worldwide, while others like Xiaomi and Alibaba focus on domestic markets. Alibaba's DingTalk platform has introduced a credit card-sized AI device for workplace note-taking, showcasing the diverse range of AI applications being developed in China.
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Meta's Shifting AI Strategy Creates Internal Confusion Amid Competitive Pressure

Meta's Shifting AI Strategy Creates Internal Confusion Amid Competitive Pressure

Meta's Shifting AI Strategy Creates Internal Confusion Amid Competitive Pressure
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Amazon Expands Just Walk Out Technology to Broader Retail Markets

Amazon Expands Just Walk Out Technology to Broader Retail Markets

Amazon Expands Just Walk Out Technology to Broader Retail Markets
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Australia social media ban takes effect in world first

Australia social media ban takes effect in world first

SYDNEY, Dec 10 (Reuters) - Australia at midnight (1300 GMT) on Wednesday became the first country in the world to ban social media for children under 16, blocking them from platforms including TikTok, Alphabet's YouTube and Meta's Instagram and Facebook.