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This news item is part of the weekly top 5 news bulletin (from Week 1, Nov 2023) specially packaged for leaders of Nonprofits, Churches, and Faith-based Social Ventures. 

[AI] Joe Biden Issues Executive Order; Frontier Model Forum Gets $10mn

In our AI news highlights this week, we have two important news items. One is from the United States government, where the president of the US, Joe Biden, has signed an executive order on AI. The order has six new standards for AI safety and security, and it also outlines how the government plans to use AI in an ethical manner. We will link to it in the show notes if you are interested in AI development, then this is definitely something you want to check out. The second news is about the formation of an industry body called Frontier Model Forum, which has been put together by big names like Google, Microsoft, OpenAI, and Anthropic, in which Amazon has heavily invested. These companies have set aside $10 million as an AI safety fund. It also says that this fund will be used for developing responsible AI models, and having a conversation with governments related to AI.

Here is the full list of the Top 5 News Items from Week 1, Nov 2023 with source links from Meta, Google, Instagram, X, AI.

🗞️ News 1: Meta Offers Ad-Free Subscription Option in EU for Facebook & Instagram   

Source: Meta

🗞️ News 2: Google Pay Can Now Be Used to Pay for Public Transit in 500+ Cities   

Source: Google

🗞️ News 3: Instagram Reminder Ads Gets New Features Including Stories Placement   

Source: Instagram

🗞️ News 4: X (Twitter) Launches Premium+ Subscription with No Ads & Creator Tools       

Source: X

🗞️ News 5: [AI] Joe Biden Issues Executive Order; Frontier Model Forum Gets $10mn 

Source: US WhiteHouse | Google

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