This week New York State creates a new commission to study the impact of automation on the workforce, Legaltech startup raises £2m for...
Microsoft pours $1b in OpenAI, NY city creates commission to study automation, Genie AI raises £2m for AI contract editor
This week New York State creates a new commission to study the impact of automation on the workforce, Legaltech startup raises £2m for its AI contract editor and Hong Kong startup uses AI to estimate subway wait times and detect gas leaks.
Microsoft will invest $1 billion in OpenAI, the San Francisco-based artificial intelligence research firm co-founded by Elon Musk.
OpenAI said the investment will go towards research in artificial general intelligence, AI with the ability to learn intellectual tasks just like humans.
A new state commission has been established in New York, US to track how AI and robotics will affect the private sector and employment figures in the near future.
The announcement was made on Wednesday by NY governor Andrew Cuomo, who signed legislation to create the temporary commission.
Legaltech startup raises £2m for its AI contract editor
London-based legaltech startup Genie AI has raised £2 million from Connect Ventures and a grant from UK Research and Innovation.
The startup said the funds will go towards further developing the “SuperDrafter”, a machine learning-powered contract editor able to create better contracts.
