Today in AI - December 7, 2024

Australia's new legislation banning social media use for individuals under 16, effective November 2025, mandates platforms to verify users' ages, aiming to protect minors from online harms and potentially setting a precedent for other countries. Congressman Jay Obernolte is advocating for the co-location of AI data centers with power plants to meet rising energy demands, enhance grid resilience, and reduce carbon emissions, emphasizing renewable energy and advanced nuclear power. BlackRock predicts significant investments in infrastructure and cybersecurity driven by AI advancements by 2025, with a focus on energy-efficient data centers, renewable energy, and advanced cybersecurity measures. As Y Combinator reduces its focus on African startups, local accelerators like Accelerate Africa and GoTime AI are stepping up to provide essential funding, mentorship, and resources, ensuring the growth and sustainability of the region's entrepreneurial ecosystem. The U.S. government has authorized the export of advanced AI chips to a Microsoft-operated facility in the UAE, strengthening the partnership between Microsoft and Emirati AI company G42, while raising national security concerns about potential technology transfers to China. Y Combinator's first Fall cohort Demo Day showcased 95 startups, with a significant focus on AI-driven solutions aimed at enhancing various business processes, highlighting the potential for improved efficiency, accuracy, and trust in AI applications across industries. The fatal shooting of Brian Thompson, CEO of UnitedHealthcare, has intensified public outrage over the U.S. healthcare system, highlighting widespread dissatisfaction with insurance practices like prior authorization.