Figma faces controversy over AI designs similar to Apple's app. Apple to have board observer role with OpenAI. Microsoft and Apple as observers at OpenAI. Government discord on big deals. Bridgewater's $2B AI hedge fund. AI startup fundraising updates.
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Quick takeaways
Figma's AI tool raised concerns over design originality by resembling existing apps, highlighting potential issues of training sources.
Apple's acquisition of an OpenAI board seat signifies a strategic move in integrating OpenAI's chat GPT into iOS, showcasing evolving dynamics in tech giant AI initiatives.
Deep dives
Issue with Figma's AI Features
Figma introduced new AI features at its annual conference, including a tool named Make Something AI. However, concerns arose when users noticed similarities between Figma's designs and existing apps like Apple's weather app, indicating heavy reliance on pre-existing designs. Despite Figma's clarification that their AI was not trained on specific content, doubt was cast on the AI's training sources, potentially involving models from OpenAI and Amazon, prompting considerations about the implications for design uniqueness and reliance on AI tools.
Apple's OpenAI Board Observer Role
In a strategic move, Apple secured an OpenAI board observer seat as part of its partnership to integrate OpenAI's chat GPT into iOS. Phil Schiller, head of Apple's App Store, will represent Apple on the board, aligning with Microsoft's similar role. This arrangement showcases the evolving dynamics between tech giants engaging in AI initiatives, with potential complexities arising from shared board meetings and differing strategic interests.
Implications of AI Investment Deals
Bridgewater, a major hedge fund, launched a $2 billion AI-run hedge fund, leveraging machine learning models from OpenAI and others to generate investment returns. This shift marks a significant move towards AI-focused investing strategies, highlighting the increasing role of machine intelligence in financial decision-making. Additionally, AI startup fundraising, exemplified by Runway's valuation discussions and Harvey's funding challenges, reflects the competitive landscape and strategic considerations shaping the AI industry's investment landscape.
Plus, Figma pulls its AI after claims it produces results too close to existing apps. NLW covers all the AI details on this holiday week.
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