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Tag Archives: artificial intelligence

Meta to Start Using Generative AI Tools for Creating Ads before Year End

Meta intends to bring together its teams working on generative AI across the company into one group to build “delightful experiences around this technology” into all of its different products. Meta Platforms Inc (NYSE: META) has shared its plans regarding the future progress in artificial intelligence (AI) development. As Meta has revealed, it will start employing its generative AI tools to create ads for companies before the end of this year. Advertising as a unit has long been generating...

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Italy Data Regulator Imposes Ban on ChatGPT for Allegedly Breaching Data Privacy

In a press release, the GDDP said it is investigating ChatGPT following a ban on the wildly popular OpenAI chatbot. Italy has become the first Western nation to officially ban the artificial intelligence chatbot ChatGPT over privacy concerns. The European country seeks to launch an investigation regarding suspected breaches of its data privacy rules. This investigation would also ascertain whether the OpenAI chatbot complied with General Data Protection Regulation. On Friday, the Italian...

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Coinbase CEO Is Against Call to Suspend ChatGPT Development

Though the Coinbase CEO is very clear in his support for ChatGPT, many other tech leaders blatantly disagree with him. Brian Armstrong, the Chief Executive Officer (CEO) of American publicly traded crypto exchange Coinbase Global Inc (NASDAQ: COIN) has come out to kick against the call to stop the development of ChatGPT, the chatbot developed by OpenAI. Armstrong took to his Twitter page to dissociate himself from the call for the halt as he noted that for advancement to be made, fear must...

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OpenAI May Be Welcoming Probe after AI Non-Profit Filed Complaint with FTC

Besides the complaint filed by the Center for AI and Digital Policy that may stir the probe of OpenAI, there is a number of other targeted efforts to stifle the development of AI systems across the board. OpenAI, the fast-growing Artificial Intelligence (AI) startup behind the popular platform, ChatGPT may be welcoming a probe from the Federal Trade Commission (FTC) for the violation of section five of the FTC Act that targets deceptive and unfair practices. The probe might be triggered...

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Recent Warner Music Layoff Likely Not to Affect Web3 and AI Employees

According to reports, the Warner Music layoff will not impact initiatives central to the company’s future, including Web3 and AI.  Despite firing 270 employees on Wednesday, Warner Music Group’s layoff will likely spare staff in the company’s Web3 and AI-focused endeavors. The record label considers these emerging tech initiatives central to its future and intends to keep them around much longer. In a company memo detailing the layoff, Warner Music told staff that it was reallocating...

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Replit Partners with Google Cloud to Promote Generative AI

Generative AI is evolving and the recent linkup between Google Cloud and Replit will further bolster this evolution. Replit, one of the world’s fastest-growing developer platforms has announced it has inked a functional partnership with Google Cloud as both entities look to advance the scaling of Generative AI solutions. According to the announcement shared, Replit developers will gain access to the Google Cloud infrastructure and services through the platform’s Ghostwriter application....

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ChatGPT Can Now Acces Internet with New Plugins Offered by OpenAI

ChatGPT leverages the Bing API to look for data with the text-based internet browser to guide through websites and results. One of the most famous Artificial Intelligence-powered chatbots ChatGPT has been updated with a new feature that allows it to access information from online sources and communicate with third-party websites through new plugins. The plugin feature is presently restrained in the alpha phase and will be offered to a smaller group of users before introducing to the...

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Payments Service Klarna Adopts ChatGPT Technology, Here’s How It Plans to Use It

Klarna will leverage the best technology and data to help people discover new products. Payments and shopping service Klarna may be the latest company to partner with OpenAI to use ChatGPT. According to a recent announcement by the firm, the ChatGPT Plugin has now been integrated and will serve as a personal shopping assistant to Klarna users, ushering in a new era of personalized shopping experience. That is, users may now ask Klarna for shopping advice or product recommendations, and...

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Goldman Sachs Reportedly Testing AI despite Recent Pushback in Banking Sector

Leading bank Goldman Sachs has deployed ChatGPT-like AI products for developers to experiment with code development. Goldman Sachs (NYSE: GS) is reportedly using in-house artificial intelligence (AI) to assist developers with writing code. A top executive at the New York-based banking giant revealed this to the public. According to Goldman Sachs chief information officer Marco Argenti, the AI development is currently in a “proof of concept” stage. Argenti further stated that Goldman Sachs’...

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Google Challenges OpenAI by Opening Early Access to ChatGPT Rival Bard

Currently, Google Bard is available to a few select customers in the US and UK. As per Google, Bard is “an early experiment … intended to help people boost their productivity, accelerate their ideas, and fuel their curiosity” On Tuesday, March 21, tech giant Google opened access to its AI chatbot tool Bard, which directly competes with OpenAI’s ChatGPT. However, this is limited access and Bard will be initially available only to selected users in the US and UK, who can join a waitlist at...

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