Legal Battles Over Copyrighted Material Heat Up for OpenAI

Legal Battles Over Copyrighted Material Heat Up for OpenAI

OpenAI finds itself at the center of multiple legal battles surrounding the use of copyrighted material. The New York Times filed a lawsuit against OpenAI and Microsoft, the latter being a major investor in OpenAI. The suit alleges that both companies utilized millions of New York Times articles to train their chatbots, ChatGPT and Copilot, respectively.… Read the rest

The Evolution of Artificial Intelligence: Protecting Consumers and Promoting Fair Competition

The Evolution of Artificial Intelligence: Protecting Consumers and Promoting Fair Competition

The Federal Trade Commission (FTC) has announced its plans to host a virtual summit dedicated to addressing the growing concerns surrounding the use of artificial intelligence (AI). The summit, scheduled for January 25th, aims to bring together representatives from academia, industry, civil society organizations, and government to explore the current state of AI and its impact on society.… Read the rest

Predictive and Generative AI Systems Face Significant Security Risks, Warns New Research

Predictive and Generative AI Systems Face Significant Security Risks, Warns New Research

New research in the field of artificial intelligence (AI) warns that predictive and generative AI systems are vulnerable to a range of attacks, contradicting claims that these technologies are secure. Apostol Vassilev, a computer scientist with the US National Institute of Standards and Technology (NIST), emphasizes that despite progress in AI and machine learning, significant security challenges remain.… Read the rest

IBM Jumps into the AI Game with Strategic Consulting Arm

IBM Jumps into the AI Game with Strategic Consulting Arm

Jefferies analysts have recently evaluated IBM’s position in the market and initiated shares at Hold with a $180 per share price target. Despite being encouraged by IBM’s software momentum, the analysts do not see a breakout play on the horizon. However, they highlight IBM’s strategic moves to reposition itself as a software-led story, including the acquisition of Red Hat, the spinoff of Kyndryl, and investments in AI and its software go-to-market strategy.… Read the rest

AI Tools: Revolutionizing Business Processes

AI Tools: Revolutionizing Business Processes

Artificial intelligence (AI) has become an integral part of modern business operations, with nearly 90% of enterprises utilizing AI in some capacity. While there are various types of AI applications being employed, generative AI is receiving significant attention for its ability to drive real value.… Read the rest

Animoca Brands: Pioneering the Future of Digital Ownership

Animoca Brands: Pioneering the Future of Digital Ownership

Animoca Brands, a trailblazer in the realm of digital ownership, is commemorating a decade of groundbreaking innovation and boundary-pushing with its flagship project, “Mocaverse”. Over the past 10 years, Animoca Brands has not only advocated for true digital ownership from the very beginning but also demonstrated its expertise through strategic partnerships and excellent insights.… Read the rest

Canada’s Financial Regulator Calls for Input on AI and Quantum Computing Adoption

Canada’s Financial Regulator Calls for Input on AI and Quantum Computing Adoption

Canada’s financial services supervisory regulator, the Office of the Superintendent of Financial Institutions (OSFI), is actively seeking input from federally regulated financial institutions (FRFIs) on their adoption of artificial intelligence (AI) and machine learning (ML) technologies. Additionally, OSFI is inquiring about the level of preparedness of these institutions for the emergence of quantum computing.… Read the rest

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