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11 Oct 2024

Salesforce UK Chief Advocates for Tailored AI Regulations, Distinguishing Between Enterprise and Consumer Tools

Zahra Bahrololoumi, CEO of Salesforce UK and Ireland, calls for targeted AI regulations that differentiate between enterprise and consumer-facing AI tools, emphasizing the need for proportional and tailored legislation in the rapidly evolving AI landscape.

2 Sources

AI in Property Valuation: The Need for Transparency and Trust in New Zealand's Housing Market

As AI-powered automated valuation models gain prominence in New Zealand's property market, concerns about transparency and accountability arise. Researchers are developing frameworks to evaluate these models and ensure fairness in property valuations.

2 Sources

SEC Settles $4M 'AI-Washing' Case: Trading Firm Accused of Misleading Investors with False AI Claims

The SEC has settled charges with Rimar Capital for allegedly deceiving investors about its AI capabilities in crypto and stock trading, highlighting the growing concern of 'AI-washing' in the investment industry.

2 Sources

Relyance AI Secures $32M to Enhance AI Data Governance and Compliance

Relyance AI raises $32.1 million in Series B funding to scale its AI data governance platform, addressing the growing need for transparency in AI model training and data usage amid increasing regulations.

2 Sources

RingCentral Secures PAN-India License for AI-Powered UCaaS and CCaaS Solutions

RingCentral obtains a PAN-India license to offer fully compliant Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) solutions across India, featuring AI-powered capabilities for enhanced business communications and customer experiences.

2 Sources

10 Oct 2024

India to Launch 'IndiaAI Datasets Platform' by 2025 to Boost AI Innovation

India plans to launch an open-source AI datasets platform called 'IndiaAI Datasets Platform' by January 2025, aiming to accelerate AI innovation and development in the country.

2 Sources

Alphabet's AI Leadership Drives Growth Amid Regulatory Challenges

Analysts maintain positive outlook on Alphabet due to its AI advancements and strong financial performance, despite ongoing antitrust concerns.

5 Sources

OpenAI Seeks Dismissal of Elon Musk's Lawsuit, Calling it a 'Harassment Campaign'

OpenAI has filed a motion to dismiss Elon Musk's lawsuit, characterizing it as a harassment campaign aimed at gaining competitive advantage for Musk's own AI company.

2 Sources

HII Leads CHIPS Act Microelectronics Project to Boost US Semiconductor Capabilities

HII's Mission Technologies division will spearhead a key microelectronics project under the CHIPS and Science Act, developing a Digital Direct Waveform Synthesizer to enhance US semiconductor manufacturing and reduce foreign dependence.

2 Sources

OpenAI Considers Corporate Restructure Amid Valuation Surge and Ethical Concerns

OpenAI, valued at $157 billion, is contemplating a shift from its nonprofit structure to a for-profit model, raising questions about its commitment to its original mission and the potential legal and ethical implications of such a change.

22 Sources

Nobel Laureate Geoffrey Hinton Criticizes OpenAI's Sam Altman for Prioritizing Profits Over Safety

Geoffrey Hinton, recent Nobel Prize winner in Physics for his work in AI, expresses concern over OpenAI's shift towards profit under Sam Altman's leadership, praising the brief firing of Altman by his former student Ilya Sutskever.

4 Sources

OpenAI Confirms ChatGPT Abuse by Hackers for Malware and Election Interference

OpenAI reports multiple instances of ChatGPT being used by cybercriminals to create malware, conduct phishing attacks, and attempt to influence elections. The company has disrupted over 20 such operations in 2024.

15 Sources

Study Reveals Significant Underestimation in Al Gore-Founded Climate Database

New research from Northern Arizona University finds that the Climate TRACE database, co-founded by Al Gore, underestimates greenhouse gas emissions from power plants by an average of 50%, raising concerns about the accuracy of data used for climate policy decisions.

2 Sources

LinkedIn Shifts Responsibility for AI-Generated Content to Users

LinkedIn updates its User Agreement, making users accountable for sharing AI-generated content that violates platform policies, raising questions about AI reliability and user responsibility.

4 Sources

09 Oct 2024

OpenAI Thwarts China-Linked Phishing Attempt on Employees

OpenAI reveals a foiled phishing attack by a suspected China-based group, highlighting cybersecurity risks in the AI industry amid US-China tech rivalry.

5 Sources

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