One-Minute Daily AI News 8/1/2024

1. OpenAI pledges to give U.S. AI Safety Institute early access to its next model.[1]
2. The new Labour government has shelved £1.3bn of funding promised by the Conservatives for tech and Artificial Intelligence (AI) projects, the BBC has learned.[2]
3. The U.S. Department of Justice is investigating chip giant Nvidia’s (NVDA.O), opens new tab buyout of AI startup Run:ai on antitrust grounds.[3]
4. AI music startup Suno claims training model on copyrighted music is ‘fair use’.[4]

Sources:

[1] ~https://techcrunch.com/2024/07/31/openai-pledges-to-give-u-s-ai-safety-institute-early-access-to-its-next-model/~

[2] ~https://www.bbc.com/news/articles/cyx5x44vnyeo~

[3] ~https://www.reuters.com/technology/artificial-intelligence/us-justice-dept-is-investigating-nvidias-acquisition-ai-startup-politico-reports-2024-08-01/~

[4] ~https://techcrunch.com/2024/08/01/ai-music-startup-suno-response-riaa-lawsuit/~