Search results for "ai"

U.S. Advocacy Group Asks FTC to Stop New OpenAI GPT Releases

The tech ethics group Center for Artificial Intelligence and Digital Policy is asking the U.S. Federal Trade Commission to stop OpenAI from issuing new commercial releases of GPT-4, which has wowed some users and caused distress for others with its quick and human-like responses to queries. In a complaint to the agency on Thursday, which […]

S.Korea, Taiwan Chipmakers Express Concern about US Subsidy Criteria

The criteria for new U.S. semiconductor subsidies is worrying companies such as Samsung Electronics Co Ltd and SK Hynix Inc, South Korean President Yoon Suk Yeol said on Thursday, a concern shared by the world’s leading contract chipmaker in Taiwan. Conditions include sharing excess profit with the U.S. government, and three industry sources said the […]

Britain Sets Out Next Steps to Green Its Financial System

Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial centre, proposing measures to stamp out so-called greenwashing in financial markets and channel cash into sustainable projects. The ministry said in an update to its Green Finance Strategy “we will ensure market participants have the […]

Microsoft Taking Bold Action to Protect Its ChatGPT AI Technology

Microsoft has been at the forefront of the artificial intelligence (AI) revolution, developing innovative technologies to enhance the capabilities of businesses worldwide. One such technology is ChatGPT, an AI-based chatbot that uses deep learning algorithms to understand and respond to natural language inputs. However, with the growing demand for AI-based chat tools, Microsoft is taking […]

U.S. Prosecutors Move to Drop Libor Case Against ex-SocGen Bankers

U.S. criminal charges should be dropped against two former Societe Generale SA bankers for allegedly trying to rig the London interbank offered rate, prosecutors told a New York court on Wednesday. Muriel Bescond, a former head of Societe Generale SA’s Treasury desk in Paris, and her boss Danielle Sindzingre, who was SocGen’s global head of […]

Britain to Set out Plans to Boost Energy Security

Britain will set out plans on Thursday to boost its energy security and independence through investment in moving towards cleaner, more affordable energy sources. Wholesale gas and electricity prices in Europe surged after Russia’s invasion of Ukraine last year and the British government has been subsidising household and business energy bills since October. “Transforming our […]

White House Prepares New Bank Rule Proposal After Failures - Source

The White House is preparing to release more of its promised plans to strengthen U.S. bank oversight as soon as this week after Silicon Valley Bank’s collapse of earlier this month, according to a person familiar with the preparations. President Joe Biden, a Democrat, is expected to push for rules to be reinstated for banks […]

Monty Mobile, the 1st Global Telco Company Integrating AI to Revolutionize Its Value-Added Services

UK-London, 30 March 2023 – Monty Mobile, the fast-growing global telecommunication company offering innovative technology and communication solutions, is announcing the integration of AI and machine learning into its value-added services (VAS). This integration, dubbed OmniVAS, will allow the Mobile Operators to double-digit their revenues, in no time. By leveraging data mining, this state-of-the-art AI solution […]

Elon Musk and Others Urge AI Pause, Citing ‘Risks to Society’

Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, in an open letter citing potential risks to society and humanity. Earlier this month, Microsoft-backed OpenAI unveiled the fourth iteration of its GPT (Generative Pre-trained Transformer) AI […]