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Microsoft faces $28.9 billion tax bill in ongoing audit dispute

No fluffing - in today’s edition (12 Oct):

📰 Quick News - Billions in potential fines and taxes, new China restrictions, and more

📚 Nerd section - Build Your Own Epik-inspired App: Transform selfies into '90s yearbook photos with Node.js and AI

📰 Quick News 📰

🤑 Microsoft faces a $28.9 billion tax bill in an audit dispute, potentially hindering its AI services' competitiveness, especially in light of recent reports about losing money on every Copilot user.

⚙️ SiFive unveils two new high-performance RISC-V processors, stepping up AI's role in transforming consumer electronics, automotive technology and infrastructure but is also meeting increasing demand for semiconductors.

💵 OpenAI plans to reduce costs and streamline development for AI apps by introducing the "Stateful API" that stores requests history and a Vision API for expanding imagery capabilities, all aimed at reinforcing its attractiveness to developers.

✍️ Kobie Fuller is utilizing generative AI to enable interactive experiences with blog content, such as conversational interfaces and AI-created podcasts. This new approach could dramatically change how we engage with blogs.

⏸️ The U.S. is considering restrictions on China's acquisition of AI programs and chips, further escalating tensions between the two nations and potentially hindering global AI innovation.

🚗 Didi's self-driving vehicle subsidiary just secured a hefty $149 million in funding, paving the way for more advanced and accessible autonomous transportation solutions for all. Thanks to strong local government support, expect to see Didi's robotaxi services expanding even faster in China.

🤼 TWIZ AI, a Portugal-based team, triumphed in the Alexa Prize TaskBot Challenge 2, leveraging generative AI and large language models in the development of a multi-modal voice app meant to guide users through multifaceted tasks.

👽 For concerns around data security, the US Space Force has temporarily suspended the use of artificial intelligence tools that generate media from simple prompts. Immediate effect of this decision has been on about 500 Space Force members, and they plan to release new guidelines within a few weeks.

🎶 RIAA wants AI voice cloning sites on government piracy watchlist. This comes from increasing unauthorized uses of artists' voices to modify music tracks.

📚 Nerd section 📚

🖥️ Researchers from Microsoft and ETH Zurich Introduce HoloAssist: A multimodal dataset for next-gen AI Copilots for the physical world.

🖻 Build Your Own Epik-inspired App: Transform selfies into '90s yearbook photos with Node.js and AI

📑 The Role of Vector Databases in Modern Generative AI Applications - they specialize in dealing with high-dimensional vectors, perform similarity searches, and scale up to handle large datasets. These features are crucial for Generative AI to function optimally, making vector databases indispensable.

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Until tomorrow,
- Ts (Bits and Neurons)