ChatGPT creator OpenAI is building a team aimed at controlling “superintelligent” AI to ensure it aligns with human interests amid fears the technology might harm humans. The company is also dedicating 20% of its computing power towards this initiative. This
The landscape of the cryptocurrency industry is no stranger to controversies. The recent dispute between Gemini’s co-founder Cameron Winklevoss and the Digital Currency Group’s (DCG) CEO Barry Silbert is a striking case in point. Now John E Deaton, the founder
Coinbase, one of the major cryptocurrency exchanges in the United States, has launched a firm rebuttal to the U.S. Securities and Exchange Commission (SEC). The crypto heavyweight filed an answer and a notice of intent to file a motion to
In a sudden twist to a complex regulatory saga, major cryptocurrency exchange FTX has filed a lawsuit against its former regulatory and compliance executive Daniel Friedberg. FTX accuses Friedberg of an illicit series of payments designed to silence whistleblowers from
OpenAI, the Microsoft-backed startup, will not train the successor of GPT-4 “for some time” because of the concerns raised about the speed of its advancement. The American startup launched ChatGPT, powered by the GPT-3 large language model, last November. Iterative
Tech giant Google is allegedly manipulating search to favor liberals and tip elections, reports the New York Post. The company is using its virtual monopoly as a search engine to “elevate liberal views, stifle conservatives, and manipulate children,” according to
China has issued a directive to parents to report police if their children are using encrypted messaging apps. Almost every social media platform is banned in China, and even China-owned TikTok is facing restrictions in the Western world and Australia. This
Facebook is set to be slammed by the Irish regulator as it prepares to punish the social media giant with a €746 million fine for mishandling user information, reports The Guardian. Ireland’s Data Protection Commission, acting as the primary privacy
TikTok users in the United States have filed a lawsuit to lift Montana’s ban on the China-owned short video sharing platform. Montana became the first state last week to impose a complete ban on China-based Bytedanece’s viral app, citing China’s
The European Union (EU) Council has adopted rules requiring crypto asset service providers to collect transaction data and forward it to tax authorities. The move reflects a global trend towards increased scrutiny and regulation of the cryptocurrency industry, though some
The European Union is reportedly planning to include non-fungible tokens (NFTs) and foreign companies in the upcoming crypto tax, reported Coindesk. The EU has prepared a draft text, known as the eighth directive on administrative cooperation (DAC8), which would require
Meta, the parent company of Facebook and Instagram, has shut down a network of over 100 China-based accounts spreading pro-Beijing propaganda while posing as US and European entities. The accounts used “sophisticated methods such as deep-fake images created through artificial
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