US orders immediate halt to some AI chip exports to China, says Nvidia

Fellow tech company Intel ‘reviewing regulations’ as timing of move brought forward

The chip designer Nvidia has said the US has told it to immediately halt the export of some of its high-end artificial intelligence chips to China as regulators advanced the deadline.

The restrictions were supposed to come into effect 30 days after 17 October, when the Biden administration announced measures to stop countries, including China, Iran and Russia, from receiving advanced AI chips designed by Nvidia and others.

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China launches tax investigations into Apple iPhone maker Foxconn

Tax audits and land use inquiries follow company founder announcing run for Taiwan presidency

China’s tax authorities have launched multiple investigations into the company that makes the iPhone, months after its billionaire founder announced he would run in Taiwan’s presidential elections.

Foxconn faces tax audits of its operations in China, as well as investigations into land use in two Chinese provinces, according to reports by local media.

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Quantum physicist Michelle Simmons awarded PM’s top science prize over computing work

The 2018 Australian of the year was recognised for her work on super-fast technology in the field of atomic electronics

The quantum physicist and 2018 Australian of the year, Prof Michelle Simmons, has been awarded the top honour at the prime minister’s prizes for science.

Simmons, of the University of New South Wales, was recognised on Monday night for her work in creating the field of atomic electronics.

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Researchers use AI to read word on ancient scroll burned by Vesuvius

University of Kentucky challenged computer scientists to reveal contents of carbonised papyrus, a ‘potential treasure trove for historians’

When the blast from the eruption of Mount Vesuvius reached Herculaneum in AD79, it burned hundreds of ancient scrolls to a crisp in the library of a luxury villa and buried the Roman town in ash and pumice.

The disaster appeared to have destroyed the scrolls for good, but nearly 2,000 years later researchers have extracted the first word from one of the texts, using artificial intelligence to peer deep inside the delicate, charred remains.

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An old master? No, it’s an image AI just knocked up … and it can’t be copyrighted

US ruling on works created through artificial intelligence gives boost to creative workers fighting for livelihoods

The use of AI in art is facing a setback after a ruling that an award-winning image could not be copyrighted because it was not made sufficiently by humans.

The decision, delivered by the US copyright office review board, found that Théâtre d’Opéra Spatial, an AI-generated image that won first place at the 2022 Colorado state fair annual art competition, was not eligible because copyright protection “excludes works produced by non-humans”.

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George RR Martin and John Grisham among group of authors suing OpenAI

Seventeen authors have joined a new lawsuit alleging ‘systematic theft on a mass scale’ by the program

John Grisham, Jodi Picoult and George RR Martin are among 17 authors suing OpenAI for “systematic theft on a mass scale”, the latest in a wave of legal action by writers concerned that artificial intelligence programs are using their copyrighted works without permission.

In papers filed on Tuesday in federal court in New York, the authors alleged “flagrant and harmful infringements of plaintiffs’ registered copyrights” and called the ChatGPT program a “massive commercial enterprise” that is reliant upon “systematic theft on a mass scale”.

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Chipmaker Nvidia crushes quarterly expectations with $13.5bn in revenue

The company’s specialized AI chips are in great demand, boosting its value to over $1tn, a first for a chipmaker

The chipmaker Nvidia has far surpassed quarterly expectations, raking in $13.5bn in revenue – over $2bn more than the $11.2bn Wall Street analysts had predicted – amid skyrocketing demand for its computer chips that power artificial intelligence (AI) systems.

The blockbuster second quarter comes at a moment of intense hype around generative AI, a mood that Nvidia has been uniquely positioned to capture. The 30-year-old company is one of the biggest winners in the AI boom and is now valued at over $1tn, with its chips powering nearly all the world’s major artificial intelligence apps, including ChatGPT.

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‘Are you kidding, carjacking?’: The problem with facial recognition in policing

When a pregnant Black woman was falsely arrested, she fought back. Here’s what happened next. Plus, the week in AI

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Porcha Woodruff was eight months pregnant when police in Detroit, Michigan came to arrest her on charges of carjacking and robbery. She was getting her two children ready for school when six police officers knocked on her door and presented her with an arrest warrant. She thought it was a prank.

“Are you kidding, carjacking? Do you see that I am eight months pregnant?” the lawsuit Woodruff filed against Detroit police reads. She sent her children upstairs to tell her fiance that “Mommy’s going to jail”.

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Netflix lists AI job worth $900,000 amid twin Hollywood strikes

Company lists highly paid machine-learning project manager role while actors and executives at odds over future of AI in Hollywood

As actors and writers strike over fair compensation and protections from the encroachment of artificial intelligence, Netflix has listed a position for a machine learning product manager that will compensate somewhere between $300,000 and $900,000 a year. According to the Screen Actors Guild (Sag-Aftra), 87% of the guild’s actors make less than $26,000 per year.

The use of AI in the production of film and television – either to write scripts, generate actors’ likenesses, or cut corners in paying creative work, has been a major point of contention in negotiations between the Alliance of Motion Picture and Television Producers (AMPTP) and Sag and the Writers Guild of America (WGA). Writers have been striking since May; the actors joined earlier this month. The first joint strike since 1960 threatens to bring Hollywood to a complete standstill.

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AI bots could replace us, peer warns House of Lords during debate

Crossbencher asks Lords to imagine bots with ‘higher productivity and lower running costs’ as example of risk to UK jobs market

The House of Lords could be replaced by bots with “deeper knowledge, higher productivity and lower running costs”, said a peer during a debate on the development of advanced artificial intelligence.

Addressing the upper chamber, Richard Denison hypothesised that AI services may soon be able to deliver his speeches in his own style and voice, “with no hesitation, repetition or deviation”.

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‘Bargaining for our very existence’: why the battle over AI is being fought in Hollywood

The ramifications of artificial intelligence are of concern to the actors and writers on strike – from big stars to bit players

To get her start in Hollywood, Chivonne Michelle studied acting at New York University. But what helped her break into the industry and gave her the key training she needed was working on set as a background actor.

Today, the rise of artificial intelligence (AI) technology threatens to put those “entry level and working class” Hollywood jobs at risk, Michelle and other striking actors say.

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Financial firms must boost protections against AI scams, UK regulator to warn

Financial Conduct Authority chief to highlight risks of ‘deepfake’ fraud as well as benefits of Artificial Intelligence

The head of the UK’s financial regulator is to warn that banks, investors and insurers will have to ramp up their spending to combat scammers using artificial intelligence to commit fraud.

Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), will say that there are risks of “cyber fraud, cyber-attacks and identity fraud increasing in scale and sophistication and effectiveness” as artificial intelligence (AI) becomes more widespread, in a speech in London on Wednesday.

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Phil Spencer, Xbox chief, on AI: ‘I’m protective of the creative process’

Spencer played down concerns about AI being used to streamline the video game production process and said it had a role in moderation

Artificial Intelligence is very much on the news agenda right now. The unstoppable rise of ChatGPT and the seemingly imminent prospect of generalised AI able to re-create broad human thinking processes has seen concerns raised by everyone from major business CEOs to Geoffrey Hinton, one of the godfathers of AI research. AI has been an element of video game design and production for at least two decades, but now with AI art programs and the rise of procedurally generated game dialogue, there are growing questions over how AI is going to effect not just the content of games, but the teams that make them.

Talking at the Xbox games showcase in Los Angeles recently, Xbox chief Phil Spencer played down concerns that AI could be used to streamline the game production process and therefore lead to smaller teams.

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Discrimination is a bigger AI risk than human extinction – EU commissioner

Commissioner says existential threat unlikely, but ‘guardrails’ needed for decisions affecting livelihoods

Discrimination is a bigger threat posed by artificial intelligence than possible extinction of the human race, according to the EU’s competition commissioner.

Margrethe Vestager said although the existential risk from advances in AI may be a concern, it was unlikely, whereas discrimination from the technology was a real problem.

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UK government to invest in film and TV AI special-effects research

Almost £150m to be spent on research labs to help future-proof industry and lift creative economy

Ministers are seeking to future-proof the UK’s multibillion-pound film and TV production industry by investing almost £150m in a network of research labs across the country tasked with developing the next generation of special effects using tech such as artificial intelligence.

The scheme aims to build on Britain’s reputation for producing hi-tech hits from Star Wars to Harry Potter, and is part of wide-ranging plans to drive the UK creative economy. The government has earmarked millions to support grassroots music venues hammered by the Covid pandemic, and is tripling a fund designed to find and support the next generation of homegrown superstars like Adele and Ed Sheeran.

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AI should be licensed like medicines or nuclear power, Labour suggests

Exclusive: party calls for developers without a licence to be barred from working on advanced AI tools

The UK should bar technology developers from working on advanced artificial intelligence tools unless they have a licence to do so, Labour has said.

Ministers should introduce much stricter rules around companies training their AI products on vast datasets of the kind used by OpenAI to build ChatGPT, Lucy Powell, Labour’s digital spokesperson, told the Guardian.

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Australia politics live: ‘absolutely shocking’ for education department to give PwC contracts after tax leak scandal, Faruqi says; Ben Roberts-Smith verdict due today

Department taken to task for its nine contracts with PwC, two of which were entered into in the past two months. Follow latest updates

Sally McManus responds to RBA governor’s commentary on housing market

Sally McManus spoke to ABC News Breakfast this morning and gave her thoughts on some of RBA governor Phil Lowe’s commentary around the housing market and what he thinks needs to happen.

I think we’re living in two worlds. We’ve got people living in very big houses that have multiple dwellings and they’re landlords. And what they’re doing is when the Reserve Bank governor puts up interest rates, they’re passing on that cost to renters and that’s part of the reason why we’re seeing rents increase.

And I think that that is just basically saying to everyone, look, ordinary people, move in with your parents and grandparents whilst we’re going to say nothing about those CEOs I talked about at companies that actually are the ones that could ease cost of living tomorrow on people but they’re choosing not to because in the end they want to see their bonuses.

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Nvidia: chipmaker’s strategic AI moves result in a tech position of power

The company is now the fifth most valuable in the US after investing in artificial intelligence early on

Nvidia saw its valuation soar to $1tn on Tuesday, making it the fifth most valuable American company and one of the first major corporate beneficiaries of the hype around AI.

The chipmaker has been a major and in some cases dominant player in several industries for years. But no development has raised its profile – and its potential windfall – as much as the current excitement around generative AI.

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Nvidia gains $185bn in value after predicting AI-driven boom in chip demand

Shares in US tech firm jump by 25% in early trading as quarterly revenue forecast excites investors

The value of the US tech company Nvidia has soared by a quarter after it predicted a boom in demand for its computer chips to meet the needs of artificial intelligence products such as ChatGPT.

Nvidia’s share price rose by 25% in early trading on the back of the announcement, and gave it a market valuation of more than $940bn (£760bn) after stock markets opened on Wall Street on Thursday, up from $755bn on Wednesday evening.

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UK will lead on ‘guard rails’ to limit dangers of AI, says Rishi Sunak

PM sounds a more cautious note after calls from tech experts and business leaders for moratorium

The UK will lead on limiting the dangers of artificial intelligence, Rishi Sunak has said, after calls from some tech experts and business leaders for a moratorium.

Sunak said AI could bring benefits and prove transformative for society, but it had to be introduced “safely and securely with guard rails in place”.

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