If the thought of an AI model trained on and posts frightens you, boy, do we have news for you. Facebook Instagram Meta wowed crowds at the company's annual Connect conference last week after CEO Mark Zuckerberg announced the launch of Meta AI, a virtual assistant partly trained on publicly available Facebook and Instagram posts. We're sure someone, somewhere thought this was a good idea, and in practice, it might be, but the idea that our collective posts served as the basis of training yet another LLM should ring alarm bells. Meta's top policy executive clarified that a vast majority of the data used to train Meta AI was publicly available, and that the company shunned private posts and texts, presumably, so users don't become uncomfortable with the idea of having their data trails serve as the basis of an AI that ultimately benefits one of the most . too evil corporations in the world As if the details on exactly Meta AI was trained weren't grim enough, the company's President of Global Affairs Nick Clegg Reuters that Meta believed any copyrighted material used in training the assistant, which was built using a custom version of Meta's Llama 2 large language model, fell under the existing fair use doctrine. Of course, the company has lawyers at the ready if creators feel otherwise because Clegg then added that Meta expects a "fair amount of litigation" on the use of copyrighted materials and suspected all of this was "going to play out in litigation." how told When all is said and done, it seems Meta too is interested in the AI pie to remain relevant, having made no significant mention of augmented and virtual reality at the Connect conference (Zuckerberg's up until recently). obsession Facebook ranked #1 on HackerNoon's this week. Instagram was in the #7 spot. Tech Company Rankings 👁️ After Stealing the Internet, Is Amazon Eyeing AI Next? Not to be left behind by some of its peers, Jeff Bezos' has decided to invest up to $4 billion in a San Francisco-based AI startup called Anthropic to rival the likes of 's OpenAI, the creator of the hit ChatGPT. Amazon Microsoft The ecommerce giant has made an initial investment of $1.25 billion with an option to pay another $2.75 billion that can be triggered by either side. The total investment is valued at an eye-popping $4 billion. According to media reports, Anthropic is the developer of a generative AI model called Claude that is designed to rival OpenAI's ChatGPT. In Amazon's case, the company plans to use the capabilities of Claude to enhance customer experiences, which means you can expect it to come to an . Alexa near you Other media reports that Amazon's employees and cloud customers will gain early access to technology from Anthropic as part of the deal. indicated All in all, it looks like the AI space is shaping up to be a hot bed for mergers and acquisitions. As mature companies snap up promising companies in the space, one has to wonder: after the internet, are tech giants eyeing AI next? stealing Amazon ranked #14 on HackerNoon's Tech Company Rankings. 👋 You’re reading of HackerNoon's Tech Company News Brief, a weekly collection of tech goodness that combines HackerNoon's proprietary data with internet trends to determine which companies are rising and falling in the public consciousness. went live yesterday. Prefer reading the whole thing a day early AND in one go? No problemo! Just subscribe to receive the newsletter in your inbox every Tuesday. part 2 Part 1 here complete * \In Other News.. 📰 AMD CEO Lisa Su on the AI revolution and competing with Nvidia — via . The Verge Elon Musk's X Corp in another legal fight over unpaid rent, this time as plaintiff — via . Reuters This is Financial Advice — via . YouTube Google launches $399 Chromebook Plus category — via . TechCrunch Atari 2600+ sees its future in retro gaming — via . CNN How AI works, in plain English: Three great reads — via . Axios Apple will issue a software update to address iPhone 15 overheating complaints — via . CNBC And that's a wrap! Don't forget to share this newsletter with your family and friends! See y'all next week. PEACE! ☮️ — Sheharyar Khan, Editor, Business Tech @ HackerNoon *All rankings are current as of Monday. To see how the rankings have changed, please visit the Tech Company Rankings page.