In this article, we’ll look at the reasons behind China’s new draft rules for generative AI services and their impact on AI development as domestic tech giants roll out ChatGPT-style products. Key Takeaways: China’s Cyberspace Administration drafts first-ever rules for generative AI services Alibaba and Baidu unveil their ChatGPT-style products Draft rules emphasize content reflecting …
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As the world evolves, so do its financial markets. As such, major players in the industry must continually adapt their strategies to remain competitive. This week, two major financial institutions made announcements related to their operations. Citigroup, a multinational investment bank headquartered in New York City, announced plans to recalibrate its investment banking workforce. This …
Silicon Valley Bank (SVB), a Major Tech Sector Lender, Collapses as Broader Industry Reckoning Continues – Second Largest Bank Failure in US History On Wednesday evening, Silicon Valley Bank (SVB) announced that it was planning to raise $2 billion to strengthen its financial position after suffering losses amid the broader slowdown in the tech sector. …
Amid mounting pressure over concerns that TikTok may be sharing user data with the Chinese government, the social media platform has launched Project Clover, a new data security regime aimed at protecting user information in Europe. Under the new regime, user data will be stored within Europe and placed under tighter access controls, with oversight …
Pepsi, Ally, Mondelēz, and Coty Share Success Stories of High Returns Through Video Game Advertising
Billions are invested by advertisers in video games, as over 50% of the US population engages in gaming. Major brands such as Pepsi and Ally have revealed how they have successfully invested in video games as an advertising medium, despite facing challenges in getting approval across their organizations. Speaking at the IAB Playfronts conference in …
In this article, we’ll look at the reasons behind the recent complaint filed by the Center for AI and Digital Policy (CAIDP) against OpenAI, arguing that the company’s GPT-4 model violates the Federal Trade Commission (FTC) rules against unfair and deceptive practices. Key Takeaways: AI Policy group CAIDP filed a complaint against OpenAI, stating GPT-4 …
In this article, we’ll examine the impressive advancements in quadrupedal robots and how Google’s DeepMind has introduced a new standard to measure their performance. We’ll delve into the reasons behind the development of this groundbreaking benchmark known as “Barkour”, and how it works to accurately assess the capabilities of these four-legged robotic companions. Key Takeaways: …
In today’s article, we delve into the recent appeal made by OpenAI CEO, Sam Altman, to Congress, pleading for the urgent regulation of artificial intelligence. We’ll explore the reasons behind this call to action, the potential impact of this technology, and the proposed methods to safeguard society from potential AI-related harm. Key Takeaways: Congress Urged …
In this article, we’ll examine the reasons behind Google’s recent announcement to incorporate AI chat features in Gmail and Docs and explore how these developments will impact the world of technology. Key Takeaways: Introducing AI Chat to Gmail and Docs: A New Chapter for Google Workspace Google is diving deeper into the realm of generative …
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In this article, we’ll examine the details surrounding the anticipated test launch of SpaceX’s Starship rocket system, slated for next week, and the key factors that might impact the launch schedule. Key Takeaways: The Federal Aviation Administration (FAA) has identified April 10 as a potential launch date, with April 11 and 12 as backup options. …
In this article, we’ll look at the tragic murder of fintech innovator Bob Lee, who was responsible for the creation of Cash App. We’ll delve into his life, career, and the impact he had on the tech industry. Key Takeaways: Bob Lee, the creator of Cash App, was tragically stabbed to death in San Francisco. …
In this article, we’ll look at the reasons behind the recent breakthrough in AI object detection by Meta, its potential applications, and the challenges it still faces. Key Takeaways: Meta has developed a new AI model called “Segment Anything” that can detect objects without prior training. The model can work with other models for various …
In this article, we’ll look at the reasons behind the growing concerns about privacy and the actions taken by countries, including Canada, as they investigate the potential issues with OpenAI’s ChatGPT. Key Takeaways: Canada’s Privacy Commissioner initiates investigation into OpenAI’s ChatGPT. ChatGPT’s data collection, usage, and disclosure of personal information without consent is under scrutiny. …
In this article, we’ll explore the background of the four astronauts chosen for the Artemis II lunar flyby, a historic mission that will take humanity one step closer to Mars. We’ll also delve into the mission’s goals and how it paves the way for future lunar exploration. Key Takeaways: NASA has announced the four astronauts …
In this article, we’ll look at the reasons behind the exciting deals struck by mobile telcos One NZ and 2degrees with satellite service providers SpaceX and Lynk, respectively. These partnerships are aimed at ensuring complete mobile coverage across New Zealand and offering enhanced emergency communication capabilities. Key Takeaways: One NZ collaborates with SpaceX to provide …
In this article, we’ll look at the reasons behind Twitter’s recent API pricing changes and the impact it has on independent developers and their applications. Key Takeaways: Twitter introduces new API pricing structure, affecting many independent developers. Free access to API now only allows writing 1,500 tweets per month, with no access to read tweets. …