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KPMG and Microsoft Launch Multibillion-Dollar AI Partnership, Unlocking Over US$12 Billion Growth Opportunity
Openai

KPMG and Microsoft Launch Multibillion-Dollar AI Partnership, Unlocking Over US$12 Billion Growth Opportunity

In a landmark agreement announced on July 11, 2023, KPMG and Microsoft have pledged to reshape the landscape of professional services by placing Artificial Intelligence (AI) at the forefront of their operations. This significant expansion of their global relationship aims to modernize the workforce, ensure safe and secure development, and broaden the use of AI solutions across industries and society.

OpenAI's CEO Expresses Disappointment Over FTC's Leak, Affirms Confidence in Protecting User Privacy
Openai

OpenAI's CEO Expresses Disappointment Over FTC's Leak, Affirms Confidence in Protecting User Privacy

OpenAI's CEO Sam Altman has publicly responded to the U.S. Federal Trade Commission's (FTC) investigation into the company's AI chatbot, ChatGPT. The FTC's probe was examining whether OpenAI has breached consumer protection laws, potentially putting users' personal data and reputations at risk.

Worldcoin's Global Identity Protocol Hits 2 Million Sign-ups
Openai

Worldcoin's Global Identity Protocol Hits 2 Million Sign-ups

Worldcoin, aiming to be largest identity and financial network, led by chatgpt owner OpenAI CEO Sam Altman, as a public utilityan innovative global identity protocol, has announced a significant milestone, reaching 2 million World ID sign-ups during its beta phase

FTC Investigates ChatGPT over Consumer Protection Concerns
Openai

FTC Investigates ChatGPT over Consumer Protection Concerns

The U.S. Federal Trade Commission (FTC) has begun a thorough check into OpenAI, the company from San Francisco that created the well-known AI chatbot, ChatGPT.

OpenAI Launches GPT-4 API: A New Era of Chat-Based AI
Openai

OpenAI Launches GPT-4 API: A New Era of Chat-Based AI

A major advance in the development of artificial intelligence technology has been signaled by OpenAI's announcement that its long-awaited GPT-4 API is now available to all paying clients. This event marks a key milestone in the advancement of AI technology.

Senator Michael Bennet Urges Tech Giants to Curb AI-Generated Misinformation
Openai

Senator Michael Bennet Urges Tech Giants to Curb AI-Generated Misinformation

U.S. Senator Michael Bennet from Colorado has today called on leaders of prominent technology and artificial intelligence (AI) companies, including Meta, Alphabet, Microsoft, Twitter, TikTok, and OpenAI, to implement proactive strategies to combat the proliferation of misleading AI-generated content.

Elon Musk Plans to Launch AI Startup to Compete with OpenAI
Openai

Elon Musk Plans to Launch AI Startup to Compete with OpenAI

Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models.

Elon Musk developing AI startup to rival OpenAI
Openai

Elon Musk developing AI startup to rival OpenAI

Elon Musk is creating a new AI startup to compete with OpenAI, assembling a team of researchers and engineers while in talks with investors for the upcoming venture.

Italy's Garante Sets Mandates for OpenAI's ChatGPT Service
Openai

Italy's Garante Sets Mandates for OpenAI's ChatGPT Service

Italy's data protection agency, Garante, has issued mandates for OpenAI's ChatGPT service, requiring the company to increase transparency and implement age-gating measures to prevent minors from accessing its technology. OpenAI must also specify the legal grounds for processing data and allow users to exercise their rights regarding their personal data. The deadline for compliance is April 30, with an extension until May 31 for implementing age verification technology.

OpenAI Launches Bug Bounty Program
Openai

OpenAI Launches Bug Bounty Program

OpenAI has launched a bug bounty program to address privacy and cybersecurity issues, inviting security researchers and ethical hackers to identify and address vulnerabilities in its systems. The program offers cash rewards ranging from $200 to $20,000 for qualifying vulnerability information.

Japan supports OpenAI amid concerns
Openai

Japan supports OpenAI amid concerns

Japan expressed interest in incorporating OpenAI’s technology into government systems, provided privacy and cybersecurity concerns are addressed. OpenAI CEO, Sam Altman, visited Japan and met with government officials to discuss the potential of the technology and how to maximize its benefits while minimizing risks. Meanwhile, OpenAI is being investigated by Canada’s privacy commissioner for allegedly collecting and utilizing personal information without consent.

Italy Bans Microsoft-Backed AI Chatbot
Openai

Italy Bans Microsoft-Backed AI Chatbot

Italy's national data agency raised concerns about privacy violations and age verification, resulting in Microsoft-backed OpenAI taking ChatGPT offline. The Italian Deputy Prime Minister criticized the ban as excessive and harmful to national business and innovation. OpenAI stated it adheres to privacy regulations and is willing to cooperate with Italy's privacy regulatory body.

Italy Blocks OpenAI ChatGPT Over Data Breach Concerns
Openai

Italy Blocks OpenAI ChatGPT Over Data Breach Concerns

Italy’s data protection agency has temporarily blocked OpenAI’s ChatGPT due to suspected data privacy breaches following a recent data breach on March 20. The agency also cited concerns over the lack of information for users regarding data collected by OpenAI and the lack of legal basis for mass data collection by the AI platform. In addition, ChatGPT's potential breach of its own data protection rules and the risk to minors who may be exposed to unsuitable content were also highlighted. The Center for Artificial Intelligence and Digital Policy has filed a complaint against ChatGPT, describing it as "biased" and "deceptive" and a risk to public safety and privacy.

OpenAI’s Robotic Hand Can Now Solve a Rubik’s Cube One-Handed
Openai

OpenAI’s Robotic Hand Can Now Solve a Rubik’s Cube One-Handed

OpenAI, the San Francisco-based artificial intelligence research organization, has hit a new milestone this week.