What You Missed (8/31 - 9/6)

Anthropic Agrees to $1.5B Settlement with Authors
In a record-breaking move, Anthropic will pay at least $1.5 billion to settle its class-action lawsuit with authors over copyright use in AI training, marking the largest known payout in US copyright history and setting a major precedent for the future of generative AI.

OpenAI Launching Its Own Chip
Next year, in collaboration with Broadcom, the ChatGPT creator will begin manufacturing its own chips. A bold step that could lessen its reliance on Nvidia and give greater control over the chips powering its advanced models.

Smart Stethoscopes to be Rolled Out After Successful Trials
New innovation from the UK as researchers have upgraded the stethoscope with AI that listens for the faintest signs of heart disease, boosting detection rates for deadly conditions during routine checkups.

FDA Embracing AI For Drug Discovery
The FDA’s new guidance is driving pharmaceutical companies to embrace AI for designing clinical trials and evaluating drug safety. These advances signal a future with reduced animal testing, faster drug approvals, and lower overall costs.

California Legislature Approves A.I. Safety Bill
California lawmakers approved SB 1047, a bill requiring AI companies to conduct safety assessments before releasing major AI systems.

UCLA Engineers Develop Noninvasive Brain-Computer Interface (BCI)
In a groundbreaking study, researchers paired AI and wearable brainwave readers, allowing people to control technology with their thoughts. The noninvasive system enabled faster, more precise action, introducing a new era of shared human-AI autonomy in assistive tech.

Google Avoids Antitrust Breakup
Dodging the harshest outcomes in its landmark search monopoly case, a federal judge has allowed Google to retain Chrome and avoid a forced breakup. However, the company will be barred from exclusive deals, must share some search data with competitors, and face stricter limits on certain market practices.

Mr. Beast Goes Mobile
According to leaked investor documents, the world’s top YouTuber has ambitions to break into the telecom sector (wonder if he’ll choose Amdocs as a partner) with a mobile phone service.

BMW Debuting Self-Driving in New Electric SUV
In a leap forward for automotive tech, BMW and Qualcomm’s Snapdragon Ride Pilot brings hands-free operation, smart lane changes, and automated parking to BMW’s latest EVs.

Warner Bros. Sues GenAI Platform Midjourney
In a new lawsuit, Warner Bros. Discovery alleges that AI startup Midjourney “brazenly dispenses its intellectual property as if it were its own.” The company is seeking damages and a court order to halt what it calls willful and widespread copyright infringement.

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50% - The volume of Salesforce Customer Service work being handled by AI.

$1.1B - The amount OpenAI paid to acquire Statsig.

$340M - The amount ID.me raised across debt and equity to combat AI-driven fraud.

$20M - The Seed round as IsotopesAI comes out of stealth, led by ScaleAI’s former CTO