AI Chat: AI News & Artificial Intelligence Synthesia Raises $90M for "AI Deep Fakes", AI to Add $4.4T to Global GDP, EU AI Law
Jun 15, 2023
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AI's Economic Impact
- McKinsey predicts AI will add $4.4 trillion annually to the global economy.
- They also suggest AI may automate half of all jobs by 2030-2060, impacting knowledge workers most.
EU AI Law
- The EU's draft AI law mandates pre-market assessments for generative AI, similar to ChatGPT.
- It also proposes banning real-time facial recognition, raising privacy and censorship concerns.
Synthesia's Funding
- Synthesia, an AI video platform, raised $90 million in Series C funding, despite being profitable.
- Nvidia and Salesforce led the round, valuing Synthesia at $1 billion.