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Today’s Headlines:

• Reddit signs content licensing deal with AI company ahead of IPO - The agreement, signed with an "unnamed large AI company" and worth $60 million on an annualized basis, could be a model for future contracts of a similar nature.

• NBA commissioner Adam Silver Demonstrates NB-AI Concept - Silver presented a situation where he could speak with an NBA trained digital assistant that had the powers to personalize a fan’s live game viewing experience on the NBA app. Additionally, you can use your voice to activate "movie mode" and make a live NBA game look like your favorite film.

• Air Canada loses court case after its chatbot hallucinated fake policies to a customer - Air Canada's argument that its AI-powered customer chatbot was solely liable for its own actions didn't hold up in civil court, and now the airline must refund a customer who was given the incorrect information about being comped for his airfare.

• OpenAI Reaches $80 Billion Valuation In Venture Firm Deal - OpenAI inked a deal with venture capital firm Thrive Capital that boosted its valuation to $80 billion or more, a nearly threefold increase in value from just nine months ago.

• Microsoft Responds To New York Times Lawsuit With AI-startup Claiming, 'No News Organization Has A Monopoly' - By partnering with Semafor, Microsoft is addressing the concerns raised by The New York Times and embracing a new approach to journalism. Semafor responded to that saying, “No news organization has a monopoly on the facts or the smartest analysis — no matter what any of them claim."

• How real estate listings and potentially jobs are shifting to AI - While your next real estate agent probably won't be a robot, smart machines "will likely revolutionize the back-end operations of the real estate market," one observer said.

• Royal Caribbean's newest cruise ship aims to reduce food waste with AI technology - Amid environmentalists' calls for the cruise industry to minimize waste, Royal Caribbean is introducing the use of artificial intelligence to tackle food waste on its latest and largest vessel, the "Icon of the Seas."

• SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture - Code-named Izanagi, the new venture would collaborate with Arm, the chip design company that SoftBank spun out as a public company last year.

• Women In AI: Eva Maydell, member of European Parliament and EU AI Act advisor - Eva Maydell is a Bulgarian politician and a member of European Parliament. Maydell was the ITRE rapporteur for the EU AI Act, the proposed legal framework to govern the sale and use of AI in the European Union, and as such was in charge of drafting a report on the proposal of the European Commission.

• How Bret Taylor’s new company is rethinking customer experience in the age of AI - Sierra, the new startup from Bret Taylor and Clay Bavor, thinks that AI agents could be the next technology frontier, not unlike websites or mobile apps that came before them: essential digital assets for every company, and ones that could ultimately deliver on the promise of digital customer experience.

• Fetch AI Surges 30% Following OpenAI’s Sora Launch: AI-Based Cryptos Also See Price Surge - Following the debut of OpenAI’s Sora, Fetch AI became the leading AI-based cryptocurrency, surging by 30% on Sunday. Fetch AI now boasts a market capitalization of $771.5 million securing its position as the 94th largest cryptocurrency.

• Google wants you to label AI-generated images used in Merchant Center - Google Merchant Center has clarified that if you use AI-generated images within your Merchant Center feed you must indicate that the image was created using generative AI. "Don't remove embedded metadata tags such as trainedAlgorithmicMedia from such images," Google wrote.

• Dili wants to automate due diligence with AI - “Investment professionals at funds are looking for a differentiated edge on decision-making, and can now use their wealth of data to combine their understanding of the deal with how it fits into the funds … Dili has a unique opportunity to emerge as a solution for funds in a harsh macro environment.”

• John Brown University adds bachelor’s degree in artificial intelligence - While offering a minor in AI in 2023, John Brown University will now offer a bachelor’s degree in artificial intelligence (AI) beginning in the fall 2024 semester.

• TD Garden announces new bag policy, AI screening technology - TD Garden will be using AI-based detection tools from Evolv Technology, which will replace traditional metal detectors.

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