A survey shows that 65% of organizations faced payment fraud in 2022, with AI tools like ChatGPT and FraudGPT enabling more convincing phishing attacks. Nowadays, more than one in four businesses forbids their staff from utilizing generative AI. However, that
Apple is making another addition to its AI basket with a new tool that enables users to create animation from static images as the AI race intensifies. The tool, Apple Keyframer, leverages large language models (LLM) and only requires a
The U.S. government announced a new consortium to support the development and deployment of what it calls “safe and trustworthy” generative AI as authorities push to enforce guardrails for the technology. Department of Commerce Secretary Gina Raimondo launched the consortium
Following President Biden’s Executive Order, the Biden-Harris administration has made key strides in positioning America at the forefront of artificial intelligence modernization and safety. The recent actions taken by the administration are a clear reaction to the order issued three
Meta CEO Mark Zuckerberg has testified before Congress, where he apologized to families of children who suffered online abuse, including on Meta’s platforms. This followed a hearing where the Senate Judiciary Committee grilled the CEOs of five big tech companies
In a political clash, tech lobbyists, Republican lawmakers, and conservative groups are intensifying efforts to dismantle key aspects of President Joe Biden’s executive order on artificial intelligence (AI). This order, leveraging the Defense Production Act (DPA), compels tech companies to
Binance Research reports AI tokens like Fetch, Ocean, and Oraichain gained 185% in 3 months, ranking 2nd (excluding memecoins) and outperforming most other sectors of the crypto market. The rise of artificial intelligence (AI) technology in 2023 can be attributed
Watermarking content is still not enough to distinguish between real and AI-generated content, as cybercriminals can also bypass the security features. This comes as there has been growing adoption of AI technologies, especially generative AI, creating fertile ground for unscrupulous
OpenAI raked in more than $1.6 billion in revenue in 2023, up over 20% from $1.3 billion in October, according to a report from The Information, which cited people with knowledge of the figure. Much of the revenue is driven
In a world where counterfeit luxury goods are increasingly common, Entrupy’s AI technology has emerged, boasting 99.1% accuracy in authenticating products from brands like Louis Vuitton. As WSJ reports, Entrupy, a technology service founded in 2012, is addressing the resale
When OpenAI’s ChatGPT hit the market in November 2022, not everyone was convinced the generative AI chatbot would upend search and conventional content creation. One year later, AI has spawned a whole multi-billion-dollar industry pitting all of the biggest names
The art of storytelling is changing, with Chinese studios leveraging AI to produce short dramas and repackaging them for global markets, especially the US and Europe, where they are gaining popularity. The new digital technology being used in the online
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