One-Minute Daily AI News 11/2/2023

1. Shopify (SHOP.TO) has to prove to investors that its AI products will spark growth when it reports results on Thursday. Wall Street is expecting it to show revenue growth of 22.38% to $1.67 billion compared to last year, according to estimates from LSEG.[1]
2. At a U.K. summit, 28 governments, including China and the U.S., signed a declaration agreeing to cooperate on evaluating the risks of artificial intelligence.[2]
3. AMD’s MI300 Chips Projected to Make $1 Billion in Sales, Challenging Nvidia’s Dominance.[3]
4. Scarlett Johansson demands AI app stop using her likeness in an ad without her permission.[4]

Sources:

[1] https://www.reuters.com/business/retail-consumer/shopify-merchants-seek-ai-boost-key-sales-decisions-2023-11-01/

[2] https://www.nytimes.com/2023/11/01/world/europe/uk-ai-summit-sunak.html

[3] https://gameishard.gg/news/amd-rises-as-ai-chip-sales-prediction-bodes-well-for-rivalry-with-nvidia-by-reuters/535905/

[4] https://www.nbcnews.com/tech/scarlett-johansson-legal-action-ai-app-rcna123248