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Hard Numbers: Microsoft’s big Gulf investment, Amazon’s ambitions, Mammogram-plus, Adobe pays up, Educating Don Beyer
The G42 logo.
1.5 billion: Microsoft has announced a deal to invest $1.5 billion in G42, an artificial intelligence firm based in the United Arab Emirates that recently cut ties with Chinese suppliers that had raised US security concerns. Washington and Abu Dhabi relations have been strained over the UAE’s ties to Chinese tech companies. But this deal – which grants Microsoft a minority stake in the company – could signal a new era of relations with the US.
33: Amazon is talking about artificial intelligence – like, a lot. In his recently published annual letter to shareholders, Amazon CEO Andy Jassy mentioned AI 33 times. The company invested $4 billion in Anthropic, which makes the Claude chatbot, and will host Anthropic on Amazon Web Services. Jassy said the company wants to build AI models more so than applications (think GPT-4 instead of ChatGPT) and sell directly to enterprise clients.
40: Clinics are starting to offer an AI-assisted add-on to typical mammograms. Interested patients typically incur an out-of-pocket charge between $40 and $100 to have an AI model scan their breast screening for additional insights — even, possibly, early breast cancer detection.
3: Adobe is planning to compete with OpenAI’s Sora video model. To do so, it’s offering photographers and videographers $3 per minute to upload videos of people doing everyday activities like walking around or sitting down, or simple shots of hands, feet, or eyes to train their new generative AI model. It’s an expensive but cautious approach intended to build up a comprehensive database while staying on the right side of copyright law and avoiding potential imbroglios like the one OpenAI faces for using YouTube videos to train its models
73: Congressman Don Beyer, a Democrat from Virginia, decided he wanted to return to school to learn more about AI. So, that’s what he did. The 73-year-old car dealership mogul-turned-politician recently enrolled in a master’s degree program in machine learning at George Mason University. He’s even learning to code, which he says is helping him better think about all kinds of problems in Washington.