Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The perceptions of AI are evolving, with chatbots being viewed as friendly companions despite concerns about their competence. Trust in AI is increasing, but doubts about competency are growing due to inaccuracies and hallucinations. Legal battles over copyright issues in AI training data highlight complexities in AI development. Various AI companies, such as Harvey and Fal, have secured significant funding. OpenAI is set to release new models, while Adobe debuts a text-to-video generator. CrowdStrike's AI-powered cybersecurity tool is seen as a way to automate tasks and increase efficiency. Overall, the changing landscape of AI perceptions and developments in the field are emphasized.Moving on to family offices, they have become some of the wealthiest and most sophisticated entities globally, managing over $3 trillion in assets. Established by John D. Rockefeller in 1882, they handle tasks like estate planning and investing to create and preserve wealth across generations. Family offices are significant players in venture capital, providing startup capital globally and taking on greater risk for long-term returns. As they continue to grow in influence, there is speculation that they may play a role in geopolitics. Family offices are becoming increasingly influential players in the financial world, providing significant capital for startups and venture capital firms while also managing wealth across generations.In other news, Elon Musk and a group of investors have made a $97.375 billion cash bid for the operating assets of OpenAI. Trend Micro is also being sought for acquisition by private equity firms. Other tech news includes Adobe launching an AI video generation model, Apple TV coming to Android devices, and AppLovin experiencing a significant increase in shares due to AI-powered ad revenue. Google CEO Sundar Pichai predicts that "practically useful" quantum computers are five to 10 years away.Bain & Company has successfully managed CEO/chair succession with the appointment of Manny Maceda as the new chairman. Trump is pushing for interest rate cuts despite rising inflation, and Robinhood reported a blockbuster $1.01 billion in Q4 revenue. Trump's peace plan for Ukraine involves giving up territory and shifting military security costs to Europe, which has sparked controversy. In the markets, analysts are monitoring inflation rates, the decline of the US dollar, and Uber's engagement trends.The Artificial Intelligence Action Summit in Paris emphasized responsible AI usage, with Google revising its AI principles to focus on responsible development and deployment. Alibaba has introduced Qwen2.5-VL vision-language models outperforming competitors on various benchmarks. Overall, advancements in AI highlight the need for ethical considerations and innovative approaches for leveraging AI capabilities effectively across various domains.The growing demand for energy by data centers supporting AI technology raises concerns about power grids and environmental sustainability. The text emphasizes the need for sustainable energy solutions and the risks posed by data centers to human health.Lastly, deepfakes are discussed as powerful tools for expressing emotions rather than deceiving, shaping narratives effectively but potentially dangerous if not recognized and addressed.That's all for today's episode of OWITH.ai - Stay tuned for more updates on what's happening in the world of AI and tech!

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