OpenAI proposes IAEA for AI, Binance commingling allegations, BuzzFeed's AI chat app

OpenAI execs proposed a global regulatory body to oversee the advancement of AI; the proposed authority is modeled after the IAEA and would handle safety, audits, and compliance - Link

Reuters sources: Binance allegedly commingled revenues with customer funds in 2020 and 2021 into the billions of dollars, violating SEC regulations - Link

BuzzFeed introduced a recipe-suggesting AI chatbot called “Botatouille,” that will work alongside its Tasty brand; the media company plans to offer paid subscriptions to AI-powered offerings - Link

NYT sources: Blizzard Entertainment is training an image-generating AI tool, called Blizzard Diffusion, on its own titles like World of Warcraft, Diablo, and Overwatch to expedite the game design process via AI-generated concept art - Link

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Sunny joins Jason to discuss and demo the latest in AI, including the launch of ChatGPT’s new iOS app, Google’s MusicLM (1:24), AssemblyAI’s LeMUR, and Wondercraft AI, before wrapping with a look at Stable Diffusion’s deep fake capabilities (29:38). - Link

Shutterstock will acquire Giphy from Meta for $53M in cash after regulatory pressure forced Meta to divest; Meta paid ~$400M for Giphy in 2020; the deal is expected to close next month - Link

Chalo, an India-based mobility startup focused on helping bus operators digitize payments, raised a $45M Series D led by Avataar Ventures and secured an additional $12M in debt - Link

Builder.ai, an AI platform to speed up app development, raised a $250M Series D led by the Qatar Investment Authority (QIA) - Link

The IOSCO (International Organization of Securities Commissions) announced the first global set of standards for crypto regulation; the rules are to be finalized by EOY, and cover conflicts of interest, custody, market manipulation, cross-border cooperation, retail, and more - Link

This Week in Startups

E1747: Demoing Google’s MusicLM, AssemblyAI, and other AI tools with Sunny Madra

E1746: Fireside chat with Jason Calacanis & Brad Gerstner hosted by Mubadala’s Ibrahim Ajami

E1745: Viral fundraising tactics with Rewind AI’s Dan Siroker + How to build a strong brand

E1744: Magic.dev CEO Eric Steinberger on making developers bionic

E1743: AI girlfriends, memories & recreations + Sam Altman testifies

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