Shutterstock’s AI-licensing business generated $104 million last year

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1. Shutterstock’s AI-licensing business generated $104 million last year

Shutterstock has announced a multi-year partnership with AI company Reka, allowing the stock platform to license its data for use in training AI models. This move is part of Shutterstock's commitment to driving AI tech innovation and positioning it as the data and distribution partner of choice for industry leaders in generative AI. Shutterstock's licensing agreements with AI companies have generated $104 million in revenue last year.

Acquiring training data from reputable sources like Shutterstock is crucial for AI developers, as it ensures commercially viable output. Reka's CEO Dani Yogatama emphasizes the importance of partnering with Shutterstock due to its comprehensive source of legally licensable content with human-created metadata. Shutterstock's 2024 fiscal year projections anticipate earning $138 million in revenue from AI licensing deals this year and $250 million in annual revenue by 2027.

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2. Humane warns AI Pin owners to ‘immediately’ stop using its charging case

Humane has issued a warning to AI Pin owners to stop using their charging case due to a potential fire safety risk from a third-party battery cell. The company has disqualified the supplier and is focusing on finding another supplier. The AI Pin, magnetic Battery Booster, and charging pad are not affected. As a compensation, Humane is offering two free months of its subscription service.

The company has not mentioned a replacement charging case, but will provide additional information after investigating the issue. The company has not communicated the battery issue on its website or X account. The company's Ai Pin, Battery Booster(s), and Charge Pad are safe for continued use.

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3. Asana’s new ‘AI teammate’ can tell people what to do at work

Asana, a platform that helps teams assign tasks and responsibilities, is now offering AI teammates to provide advice and plans for teamwork. The AI model uses historical relationships and past projects to assign work to the best-matched skill sets, such as tagging designers with brand style knowledge for creative projects. Asana's AI teammate feature is the latest addition to the generative AI use cases, following Google's AI Teammate for Google Workspace, Amazon's Q, and Microsoft's Copilot AI agents.

Customers are already testing the AI bot, such as a marketing organization, where it is putting together tailored content, translating assets into different languages, and standardizing workflows. The AI teammate feature is part of a broader trend of generative AI use cases.

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4. Stanford University team apologises over claims they copied Chinese project for AI model

Stanford University undergraduates, Aksh Garg and Siddharth Sharma, have issued an apology on Medium following claims that their AI model, Llama 3-V, had a structure and code almost identical to an open-source Chinese model. Llama 3-V was intended to rival popular models like GPT4-V, Gemini Ultra, and Claude Opus and even made it onto Hugging Face's top five trending list. However, co-founder Liu Zhiyuan, co-founder of ModelBest, claimed that the new model had stolen from their project.

Liu explained that the Chinese MiniCPM model had access to a unique dataset, bamboo slips from the Warring States Period, which distinguished its recognition abilities from other softwares. He also criticized Garg and Sharma for undermining the cornerstones of open-source sharing, adhering to protocols, trusting other contributors, and respecting pioneers.

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5. AI workers demand stronger whistleblower protections in open letter

A group of current and former employees from AI companies like OpenAI, Google DeepMind, and Anthropic have signed an open letter requesting greater transparency and protection from retaliation for those who speak out about potential concerns of AI.

The letter comes after a Vox investigation revealed OpenAI had attempted to muzzle departing employees by forcing them to choose between signing an aggressive non-disparagement agreement or risk losing their vested equity in the company. The authors warn that the unchecked pursuit of powerful AI systems could lead to the spread of misinformation, exacerbation of inequality, and even human extinction.

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