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An exploration of the latest developments in artificial intelligence, with a focus on AWS losing a key AI executive this week.

Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. Last week, AWS lost a top AI exec. Matt Wood, VP of AI, announced that he d be leaving AWS after 15 years. Wood had long been involved in the Amazon division s AI initiatives; he was appointed [] © 2024 TechCrunch. All rights reserved. For personal use only.

This Week in AI: AWS loses a top AI exec

OpenAI has appointed its first Chief Economist, signaling a strategic move to deepen its integration of economic insights with the advancement of AI technologies. This hiring step highlights OpenAI's commitment to understanding the economic impacts and opportunities associated with artificial intelligence. The new role aims to support informed decision-making in the rapidly evolving AI landscape.

OpenAI has hired its first chief economist: Aaron Chatterji, formerly the chief economist at the Commerce Department under President Joe Biden and a senior economist in President Barack Obama’s Council of Economic Advisers. Chatterji, who s also a professor of business and public policy at Duke, will study AI s economic impacts at OpenAI, leading research into how [] © 2024 TechCrunch. All rights reserved. For personal use only.

OpenAI hires its first chief economist

This article explores the anticipated expansion of contactless stores across Europe, facilitated by Sensei securing an additional $16 million in funding. It highlights the growing trend in the retail industry towards AI-driven automation that enhances the shopping experience by eliminating traditional checkout processes. The article also discusses the strategic implications of this technology adoption for retail businesses seeking efficiency and improved customer engagement.

While Amazon Go helped popularize the concept of completely contactless stores, the arena is growing with others like 7-Eleven and Walmart entering the category, as well as several startups such as Standard Cognition, Zippin, AiFi, Grabango, and Trigo. In Europe, Portuguese startup Sensei has been capitalizing on this momentum to grow its contactless store platform, and [] © 2024 TechCrunch. All rights reserved. For personal use only.

Sensei reels in $16M to expand its contactless store platform in Europe

Microsoft has initiated a program to remunerate publishers for incorporating their content in its AI tool, Copilot. This move aims to address concerns about content usage and intellectual property rights in the realm of artificial intelligence. By compensating publishers, Microsoft seeks to ensure a fair exchange in leveraging publisher content for AI advancements.

Microsoft is paying publishers for content as part of a new Copilot feature, Copilot Daily, that gives a spoken summary of current events. © 2024 TechCrunch. All rights reserved. For personal use only.

Microsoft starts paying publishers for content surfaced by Copilot

This article highlights Helsinki's achievement in securing the top position in the Destination Sustainability Index, emphasizing the city's commitment to sustainable practices and environmental stewardship within event and booking management industries.

The latest edition of the industry’s only ranking of destinations focused on sustainability benchmarks the strategies, action plans, and initiatives of 100 cities and regions worldwide. -Miguel Neves

Helsinki Earns Top Spot in Destination Sustainability Index

Discover Google's cautious approach to deploying its next-generation AI agents, which are not expected to launch until 2025. The delay stems from the company prioritizing rigorous testing and ethical considerations to ensure responsible AI development. Google's strategy underscores its commitment to innovation while maintaining a strong emphasis on safety and accountability in AI technologies.

Google won t ship tech from Project Astra, its wide-ranging effort to build AI apps and “agents” for real-time, multimodal understanding, until next year at the earliest. Google CEO Sundar Pichai revealed the timeline in remarks during Google s Q3 earnings call Tuesday.  [Google is] building out experiences where AI can see and reason about the world [] © 2024 TechCrunch. All rights reserved. For personal use only.

Google says its next-gen AI agents won’t launch until 2025 at the earliest

Clarion Events has expanded its energy portfolio with the acquisition of Infocast, a strategic move aimed at diversifying its event offerings and reinforcing its presence in the energy sector. This acquisition underscores Clarion's commitment to enhancing its capabilities in delivering specialized events and conferences. The integration of Infocast's expertise is expected to provide greater value to partners and attendees in the evolving energy landscape.

With a focus on the energy sector, Clarion Events has acquired a company that organizes events focused on renewable energy. -Andrea Doyle

Clarion Events Expands Energy Portfolio with Acquisition of Infocast

In this week's newsletter, we delve into significant events in the AI landscape and beyond. AWS faces a shake-up with the departure of a key AI executive, marking a pivotal moment for the cloud giant. Meanwhile, OpenAI strategically moves forward by appointing its first Chief Economist, aiming to merge AI developments with economic insights. In retail innovation, Sensei secures $16 million to expand its up-and-coming contactless store platform across Europe, hinting at a future of seamless shopping experiences. Microsoft is addressing concerns about content usage by compensating publishers for material integrated into its AI tool, Copilot. Sustainability takes center stage with Helsinki earning accolades for its environmental commitments. Google takes a cautious stance, delaying the launch of its next-gen AI agents until 2025 to prioritize safety and ethics. Lastly, Clarion Events enhances its energy sector offerings by acquiring Infocast, marking a strategic expansion in specialized events. Stay informed and inspired with IAWAI Insights as we explore transformative developments in automated administration and creative innovation.

In AI news, AWS loses a top exec, OpenAI hires its first Chief Economist, and Sensei expands its contactless stores with $16M funding. Microsoft compensates publishers for Copilot content. Google delays next-gen AI till 2025 for safety. Helsinki leads in sustainability, and Clarion Events grows with Infocast acquisition. Discover more with IAWAI Insights.

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