A significant data breach compromising nearly 520,000 users’ personal information prompted the Personal Information Protection Commission to take action against LINE Yahoo. The breach exposed users and employees’ sensitive data, signaling a failure to apply the lessons from previous incidents in 2021.… Read the rest
Adobe Firefly: A Cutting-Edge AI for Video Editing in Premiere Pro
Adobe has taken a substantial leap forward in video and audio editing by integrating a new suite of artificial intelligence tools within its renowned Premiere Pro software. This integration was recently announced and includes collaborations with AI models from OpenAI, Runway, and Pika.… Read the rest
North American Banks Lead in AI Innovation, European Banks Lag Behind
Recent data reveals a stark contrast in innovation policies between American and European banks, particularly in the realm of Artificial Intelligence (AI). While banking institutions often highlight AI as a key to increasing efficiency in their communications to the financial markets, North American banks have evidently edged ahead.… Read the rest
Identifying the Challenges of AI Application in South Korean Business
South Korean Companies Facing Real-World AI Application Challenges
The surge in generative AI has led many companies worldwide to pivot toward incorporating AI into their operations. OpenAI’s release of the language model ‘ChatGPT’ based on GPT-3.5 in 2022 marked the start of rapid AI adoption across all sectors.… Read the rest
Artificial Datasets Poised to Revolutionize AI Development
Synthetic databases, generated by computer algorithms that simulate human-created information, are gaining prominence as a cost-effective and efficient alternative for training machine learning models. One of the industry leaders, Microsoft, is pioneering this trend by utilizing synthetic materials to train its sophisticated language models, known as phi-1 and phi-2.… Read the rest
Journalist Highlights the Ease of Creating Fake News With AI
An American journalist has shockingly revealed how simple and cost-effective it is to establish an AI-driven fake news website, highlighting the serious implications of such actions during election periods. Jack Brewster, who currently helms NewsGuard—a startup aimed at tracking online misinformation—shared his insights in a Wall Street Journal article titled “How I Built an AI-Powered, Self-Running Propaganda Machine for $105”.… Read the rest
The Financial Sector Faces a Transformation as AI Adoption Grows
Artificial Intelligence Revolutionizes the Job Landscape in Finance
The booming integration of Artificial Intelligence (AI) within the finance realm is signaling a shift that could lead to significant workforce changes. Notably, Jamie Dimon, the CEO of JPMorgan, has acknowledged the potential for job reductions in certain areas due to AI advancements.… Read the rest
Exploring the Evolution of Entertainment at Puccini’s Centenary Exhibition
An insightful exhibition titled “Opera Meets Modern Media” will captivate audiences in Berlin from April 18 to May 16, 2024, to honor 100 years since the passing of famed composer Giacomo Puccini. Hosted by Bertelsmann at Unter den Linden 1, the exhibition merges past and present by incorporating artificial intelligence to animate historical stage sketches, demonstrating the early 20th century’s thriving entertainment industry.… Read the rest
Thoughtworks Acquires AI Talent and Tech from Watchful
Thoughtworks, the global software consultancy, has strategically enhanced its AI and data solution offerings by acquiring the talent and technology of Watchful, a smaller AI specialist firm. This move brings onboard seven AI experts, including Watchful’s co-founders Shayan Mohanty and John Singleton, with the intent to fortify Thoughtworks’ capabilities in swiftly bringing AI projects to fruition, from inception to full production.… Read the rest
The Rise of Agile Robots: Deep Learning Drives Advancements in AI
Researchers at Google’s DeepMind division have developed a learning method that dramatically enhances the motor skills of miniature robots—a breakthrough poised to eventually train humanoid robots to assist humans. Deep reinforcement learning (DLR), the cornerstone of this advancement, builds upon years of progress in AI and robotics, striving to emulate the dexterity and understanding demonstrated by animals and humans in navigating the physical world.… Read the rest