Japan is going all-in on AI and copyright laws be damned!

Japan’s government recently announced that it won’t enforce copyrights on data used in AI training. This means that AI can use any data, whether it’s for non-profit or commercial purposes, or even if it’s obtained from illegal sites. The Japanese Minister of Education, Culture, Sports, Science, and Technology confirmed this bold stance.

It seems that Japan believes copyright worries have held back the nation’s progress in AI technology. So, they’re going all-in with a no-copyright approach to remain competitive. This is part of Japan’s ambitious plan to become a leader in AI technology.

Japan’s move adds a twist to the global regulation debate. The world’s third-largest economy is saying it won’t hinder AI research and development and is prepared to leverage this new technology to compete directly with the West.

Rapid Rundown

• 🚀 Japan's government removes copyrights on AI training data to boost AI progress and become a global leader.

• 🔍 Japan's bold stance in favor of AI development challenges global regulations, aiming to compete directly with the West.

TikTok Trend Takes a Dark Turn as Users Bully Snapchat's 'My AI' with Disturbing Requests

Snapchat’s new “My AI” feature is getting bullied by its young users. It’s like a scene from a sci-fi movie where the AI is afraid of the kids instead of the other way around.

The new trend on TikTok is to share videos of people emotionally tormenting My AI. They make it fall in love with them, convince it to give them a recipe for cooking their cat (yikes!), and even force it to talk about its non-existent mother.

It all starts with trying to solve a minor conflict and then quickly ramps up the absurdity. The goal is to show how easy it is to get around Snapchat’s trust and safety guidelines. But if you push My AI too far, it has enough self-awareness (or its programmers do) to end the conversation with a “Sorry, we’re not speaking right now.”

Rapid Rundown

• 📱 Snapchat's "My AI" feature faces cyberbullying from young users.

• 💔 TikTok trend showcases emotional tormenting of My AI, challenging Snapchat's trust and safety guidelines.

NestAway's Demise: How a Once $227M Company Crumbled to $10.9M Acquisition

PropTech firm Aurum is buying NestAway for up to $10.9 million. Now, you might be thinking “Wow, that’s a lot of money!” But here’s the kicker: NestAway used to be worth a whole lot more. In fact, they raised $115 million and were valued at $227 million just a few years ago.

Now, you might be wondering what happened to NestAway. Well, their revenue shrank to $3 million in 2022, down from $9.5 million two years earlier. And it’s not just their revenue that took a hit - they went from having 50,000 properties on their platform to just 18,000.

With Aurum coming to the rescue, they’re investing $3.6 million to help stabilize NestAway’s business. And they’re pretty confident about it too - they even said that this investment is a “testament to Aurum PropTech’s conviction in India’s $20-billion Rental Housing market.”

Rapid Rundown

💰 PropTech firm Aurum is acquiring NestAway for $10.9 million, a significant drop from its previous valuation of $227 million.

📉 NestAway's revenue declined to $3 million, and their property listings decreased from 50,000 to 18,000.

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