Adobe has launched new artificial intelligence tools aimed at creators, emphasizing their compliance with copyright laws and commercial safety. The company positions these tools as a risk-free alternative for major brands navigating the complexities of AI-generated content. This initiative marks a strategic move to compete more aggressively against platforms like Canva.
Australian Stars Advocate for Streaming Quotas
In a significant demonstration of support for local content, prominent Australian actors, including Bryan Brown, Marta Dusseldorp, and Ryan Corr, gathered at Parliament House to urge the government to implement promised local content quotas for streaming services. They were joined by independent politicians Zali Steggall, Allegra Spender, and Sophie Scamps, presenting a petition titled Save Australian Stories with nearly 12,000 signatures from concerned citizens.
OpenAI Transitions to a For-Profit Model
OpenAI has officially transitioned to a for-profit entity, a move that opens avenues for substantial investment and potential future public offerings. This shift marks a significant change in its operational model, moving from a research-focused organization to a competitive player in the AI landscape, as reported by the BBC.
Leadership Change at Variety
Michelle Sobrino-Stearns, the CEO and Group Publisher of Variety, will step down next month after nearly three decades with the publication. As detailed by Variety, Sobrino-Stearns plans to pursue a long-held ambition to create a startup in the fashion industry.
Corporate Strategy: Buying Ideas Over Building
According to Forbes, Australia’s largest companies are increasingly opting to acquire innovative ideas rather than develop them internally. Notably, Atlassian has taken the lead by acquiring The Browser Company and AI startup DX, seeking fresh perspectives rather than simply expanding their customer base.
Tribute to Fawlty Towers Star Prunella Scales
British actress Prunella Scales, renowned for her role as Sybil Fawlty in the classic sitcom Fawlty Towers, has passed away at the age of 93. Her family confirmed that she died peacefully in her home in London on Monday, marking the end of a celebrated career in television.
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