Eye on AI: AI boosts growth for cloud giants, US newspapers sue Microsoft, OpenAI
AI BOOSTS GROWTH FOR CLOUD GIANTS
In the January-to-March quarter, Amazon’s cloud computing arm Amazon Web Services, Microsoft’s Azure and Google Cloud grew at 17%, 31% and 28%, respectively, the companies reported. Analysts said this was a sign that AI is contributing to the growth and that overall cloud spending is also accelerating, Reuters reported. On the other hand, Meta CEO Mark Zuckerberg in its earnings call emphasised the company’s longterm investment in AI, which led to its shares sinking by 19% on Wednesday, wiping out over $200 billion in market capitalisation.
US NEWSPAPERS SUE MICROSOFT, OPENAI FOR COPYRIGHT INFRINGEMENT
Eight US news publishers on Tuesday filed a lawsuit against software giant Microsoft and ChatGPT maker OpenAI for copyright infringement in training their generative artificial intelligence (AI) models using proprietary material. They accused the companies of “purloining millions of the publishers’ copyrighted articles without permission and without payment”, using them to train large language models (LLM) that power chatbots like ChatGPT and Copilot. They also said that the products incorrectly attribute inaccurate information to them. The newspapers involved are Alden Global Capital-owned publications like The New York Daily News, The Chicago Tribune, The Orlando Sentinel, The Sun Sentinel in Florida, The Mercury News in California, The Denver Post, The Orange County Register in California and Pioneer Press of Minnesota.
OPENAI SIGNS CONTENT LICENSING DEAL WITH FINANCIAL TIMES
OpenAI, the face of the generative AI era, signed a content licensing agreement with British business daily Financial Times. “We’re bringing the Financial Times’s world-class journalism to ChatGPT,” OpenAI said in
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