| |APRIL, 20249TECH MINTRich Lesser, the global chair and former CEO of Boston Consulting Group, and Jeff Johnson, the former managing director of Temasek, have joined the global investment firm B Capital, which has previously backed companies including Byju's, Meesho, and Pharmeasy in India, in an effort to grow its climate investment business.To oversee the company's expanding climate investment unit, B Capital, Lesser has joined as vice chair, climate & sustainability, and senior adviser, while Johnson has joined as general partner.To further strengthen the team, they will work with senior principal Karly Wentz and general partner Karan Mohla of B Capital's Asia team.Lesser will stay on at BCG and fortify the ties between the two companies in the field of climate technology."He has an unmatched reputation for climate and sustainability leadership, including serving as chief advisor to the World Economic Forum's Alliance of CEO Climate Leaders and building out the practice area at BCG," says Raj Ganguly, cofounder and co-CEO at B Capital.Fighting climate change would demand substantial resources and creativity across industries, with an estimated $5 trillion in annual investment required by 2030 to meet UN net zero commitments."Combating climate change requires big ideas, complex solutions and an exceptional ability to execute. With its comprehensive global platform, unique corporate network and value-add approach, B Capital is positioned as the partner of choice for climate entrepreneurs," Johnson says.The company has made recent climate investments in Patch Technologies, a platform that connects buyers and sellers of carbon credits through a suite of APIs and developer tools, and Accacia, a company that offers artificial intelligence-enabled decarbonisation solutions to the real estate sector. Starting in May, Meta will include a 'Made with AI' label in addition to amending its policy regarding AI-generated content, and the guidelines will be applicable to Facebook, Instagram, and Threads content.Meta has announced that it would begin designating more audio, video, and image content as artificial intelligence (AI)-generated, admitting that its present policy is "too narrow." Although it didn't elaborate on its detection method, labels would be applied either when users confess using AI tools or when Meta recognizes "industry standard AI image indicators."Given the major developments in AI and the ease with which media may be manipulated into incredibly convincing deepfakes, the board asked Meta to rapidly review its strategy to altering media in February.The board's warning was issued in the midst of concerns over the widespread exploitation of AI-powered applications for platform disinformation in this crucial election year for elections both domestically and internationally.Video, audio, and image content generated or modified with AI will be identified by Meta's new "Made with AI" labels. In addition, content judged to have a high potential for deceiving the public will bear a more conspicuous label.The agreement reached in February by major tech companies and AI players to crack down on manipulated content meant to mislead voters is connected to these new labeling measures.As part of their agreement, Meta, Google, and OpenAI decided to watermark photographs created by their AI applications using a standardized standard.According to Meta, the implementation will take place in two stages. The first will involve the labeling of AI-generated content in May 2024, and the second will stop the removal of altered media based only on the previous policy in July.The new guideline states that unless content violates other Community Standards, such those that forbid hate speech or meddle in elections, it will remain on the platform, even if it has been altered by artificial intelligence.The agreement reached in February by major tech companies and AI players to crack down on manipulated content meant to mislead voters is connected to these new labeling measures.As part of their agreement, Meta, Google, and OpenAI decided to watermark photographs created by their AI applications using a standardized standard. B CAPITAL APPOINTS TWO SENIORS TO EXPAND CLIMATE INVESTMENTSMETA TO LABEL CONTENT AS 'MADE WITH AI' STARTING MAY
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