U.S. financial regulators’ annual report warns of AI risks
According to the report, specific AI tools are highly technical and complex, posing challenges for institutions to explain or monitor them effectively. Go to Source
Technology
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OpenAI, Axel Springer in deal to integrate AI and journalism, tackle AI ‘hallucinations’
German media giant Axel Springer has partnered with OpenAI to seek ways to enhance ChatGPT by integrating journalism into AI to reduce AI “hallucinations.” Go to Source
Crypto hacking losses plunge by nearly 50% in 2023 – Research
Blockchain intelligence firm TRM Labs credits this decline to several critical factors, including enhanced security measures, law enforcement and industry coordination. Go to Source
AI deepfake nude services skyrocket in popularity: Research
Social media analytics company Graphika noted a stark increase in offerings of synthetic NCII services. Go to Source
KyberSwap exploiter linked to $50M HXA token movement
Blockchain security firm Cyvers said the KyberSwap exploiter’s acquired funds were spread across various externally owned accounts (EOAs), now recognized as the top HXA token holders. Go to Source
EU officials reach ‘historic’ AI regulation deal
The agreement mandates models like ChatGPT and general AI to follow transparency rules before market entry. Go to Source
Bitcoin’s many deaths: Is crypto market past ‘point of no return?’
Bitcoin has been declared dead more times than you’d think amid downswings in the market, but it’s always managed to bounce back. Go to Source
Microsoft faces UK antitrust probe over OpenAI deal structure
The regulator’s examination will assess whether the collaboration constitutes an “acquisition of control,” implying substantial influence of one party over another. Go to Source
AI regulations in global focus as EU approaches regulation deal
Concerns over potential misuse of AI have prompted the U.S., U.K., China, and the G7 to speed up regulation of the technology, though Europe is already way ahead. Go to Source
Moody’s launches quantum-as-a-service platform for finance
The platform allows clients to compare and benchmark quantum and classical algorithms for a given task. Go to Source