🤖 ARTIFICIAL INTELLIGENCE

OpenAI sued for 'stealing' data from the public to train ChatGPT

• OpenAI is facing a class action lawsuit alleging that it used "stolen data" to train and develop its AI models, including ChatGPT.

• The lawsuit claims that OpenAI collected data from millions of unsuspecting consumers worldwide, including children, without their permission.

• The plaintiffs allege that OpenAI is harvesting massive amounts of personal data from the internet, such as private conversations and medical data.

• The lawsuit requests transparency regarding data collection, compensation for stolen data, the option to opt out of data collection, and an end to the illegal scraping of internet data.

• This is not the first lawsuit OpenAI has faced, as it was previously sued over misinformation generated by ChatGPT.

• The outcome of the lawsuit will determine the potential implications for OpenAI and the future use of data in training AI models.

Quicker Cures: How Insilico Medicine Uses Generative AI to Accelerate Drug Discovery

• Drug discovery company Insilico Medicine is using generative AI to accelerate the development of new therapies.

• Their AI platform has identified a drug candidate for idiopathic pulmonary fibrosis, a respiratory disease, which is now entering Phase 2 clinical trials.

• Insilico's generative AI approach has significantly reduced the time and cost of the drug discovery process compared to traditional methods.

• The company utilizes NVIDIA Tensor Core GPUs in its generative AI drug design engine.

• Insilico's AI models, such as PandaOmics and Chemistry42, enable the identification of disease targets and the generation of drug-like molecular structures.

• The success of Insilico's AI-accelerated drug discovery has led to multiple promising drug candidates and ongoing programs to target various diseases, including cancer.

Adobe indemnity clause designed to ease enterprise fears about AI-generated art

• Adobe has introduced an indemnity clause for its generative AI art creation tool, Firefly, to address enterprise users' legal concerns about copyright claims.

• The clause states that Adobe will pay any copyright claims related to artworks generated in Firefly, protecting customers from third-party IP claims.

• Adobe trained Firefly on Adobe Stock images and openly licensed content, minimizing the risk of copyright infringement.

• The indemnity clause provides reassurance to enterprise users who are cautious about using generative AI for commercial purposes.

• The indemnification covers Firefly-generated output but not additional content that could potentially infringe on copyrights.

• The approach is seen as a smart move by industry analysts, providing insurance-like protection and enabling creators to monetize their works on Adobe Stock derivatives.

⚡️ POWER PROMPTING!

Thanks to the suggestion of a Future Perfect reader and good friend, I’m thrilled to announce Power Prompting, an awesome new section of Future Perfect showcasing powerful prompt engineering techniques, hacks, and strategies! Let’s get started!

Imagine you were my personal life coach. Based on the key values I've described to you: [insert personal values here], and the life goals I've set: [insert life goals here], provide a detailed plan for the next six months to help me align my daily activities with these values and goals.

Want to submit your own Power Prompts? Tweet me @MarcHoag!

🤖🔥🤯 COOL AI TOOLS, APPS, VIDEOS, PODCASTS, LINKS, AND MORE!

• UseDouble.com: Clean, enrich, qualify leads using AI.

• LeadsPicker.com: ChatGPT trained on 50K+ investor profiles.

• ReSpeecher: Clone your voice into anybody else’s voice.

🌡️ CLIMATE CHANGE & CLEAN ENERGY

Material Evolution raises $19M to decarbonise the cement industry

• U.K. startup Material Evolution has raised £15 million ($19 million) in a Series A funding round to scale production of its low-carbon cement.

• The company's low-energy manufacturing process requires zero heat and has an 85% lower carbon footprint compared to normal Portland cement.

• Material Evolution's proprietary "alkali-fusion" process allows for cement production at ambient temperatures, using industrial wastes and feedstocks instead of fossil fuels.

• The company has a strategic partnership with materials company Sigmaroc, which is also a strategic investor in the Series A round.

• Kompas VC led the funding round, with participation from Norrsken VC, Circle Rock, and SigmaRoc.

• Material Evolution aims to address the carbon-intensive nature of cement production, which contributes to around 8% of global CO2 emissions.

Planeteer launches new pre-seed and seed-stage climate fund

• Sophie Purdom, an experienced early-stage climate investor, has launched Planeteer Capital, a new fund focused on startups addressing climate change challenges.

• The fund has had a first close in March and is actively investing in startups.

• Purdom previously co-founded Climate Tech VC (CTVC), a research and content platform tracking billions of dollars of venture capital investment in climate technology companies.

• Planeteer aims to provide maximum incentive alignment for climate founders and invests as their lead investor at the pre-seed and seed stage.

• The fund invests globally in both hardware and software startups, with a preference for B2B businesses in emerging climate-impacted sectors such as carbon management, industrial decarbonization, built environment, climate intelligence and insurance, and sustainable agriculture.

Emerald Industrial Climate-Tech Fund Surpasses €250 Million Targeted at Net-Zero Transition

• Emerald Technology Ventures' industrial climate-tech fund has surpassed €250 million, attracting investments from blue-chip industrial corporations.

• The fund supports the net-zero commitments of these corporations by investing in climate-tech solutions provided by cutting-edge startups.

• Emerald manages over €1 billion in assets for over 50 Limited Partners and is a major player in the climate-tech venture capital space.

• The fund focuses on sustainable operations and the development of transformative technologies for a profitable and climate-friendly economy.

• The portfolio includes technologies in clean energy management, bioplastics, algorithmic electricity trading, alternative proteins, and more.

• Emerald plays a role in catalyzing large global players to make necessary changes for a healthy planet in sectors critical to the economy.

🚗 AUTONOMOUS & ELECTRIC VEHICLES

Lidar remains the secret sauce for truly autonomous cars (despite what Musk says)

• There is a debate in the self-driving car industry regarding the best way for vehicles to perceive their surroundings.

• Tesla relies solely on cameras for vision, while companies like Waymo and Cruise use a combination of sensors, including lidar.

• Lidar, which uses laser pulses to create detailed maps of the environment, is more expensive but offers high fidelity.

• Lidar has become a contentious issue, with some praising its capabilities (Travis Kalanick) and others dismissing its necessity (Elon Musk).

• The debate represents differing visions for the future of autonomous vehicles, and its resolution carries significant implications for the industry.

• Real-world incidents involving self-driving cars will further highlight the importance of the sensor technology chosen.

Volvo’s heavy-duty electric truck runs 12 hours a day with one charge break, can haul 74 tons

• Volvo Trucks has delivered an electric truck capable of hauling a total weight of 74 tons, running for 12 hours a day with one charging stop.

• The company has been a leading innovator in the trucking industry since its establishment in 1927.

• Volvo Trucks has a broad portfolio of six electric truck models in series production and recently secured its largest order for 1,000 EV trucks.

• Three heavy electric Volvo FH trucks have been provided to Mattson Åkeri in Sweden, with one undergoing testing in container traffic under the High-Capacity Transports (HCT) program.

• The electric truck can handle 74 tons of weight with two 32-meter-long trailers and is charged with green electricity from fast chargers installed at the company's depot.

• Volvo aims for 50% of its total truck sales to be electric by 2030 and has already sold nearly 5,000 electric trucks in 40 countries.

Polestar (PSNY) is the latest EV maker to adopt Tesla’s NACS

• Swedish EV maker Polestar has announced its adoption of Tesla's NACS charging connector for its vehicles sold in North America.

• Starting from 2025, new Polestar EVs in North America will feature Tesla's NACS charging port as standard, while adapters will be available in mid-2024 for existing Polestar drivers.

• Polestar's CEO, Thomas Ingenlath, praised Tesla's Supercharger network and expects the move to accelerate EV adoption in the region.

• This follows Ford's announcement that its EV drivers would have access to Tesla's Supercharger network, with other automakers like General Motors and Rivian also following suit.

• Polestar plans to include a CSS adapter to maintain compatibility for future NACS-equipped EV models.

• The adoption of Tesla's NACS connector is becoming a standard trend among automakers in North America due to the durability, reliability, and cost-effectiveness of the Supercharger network.

🎉 THAT’S ALL FOR TODAY!

🙏 PLEASE:

✅ Share this post if you liked it

✅ Share this link (https://www.futureperfect.news) if you're a fan of Future Perfect

✅ Vote above before leaving!

Thanks for reading!

-Marc 👋

Looking for past newsletters? You can find them all here.