While generative AI has become popular in 2023 with many tools released to help the market in many ways, criminals are also taking advantage of the technology to create malicious systems like WormGPT to perpetuate cybercrimes. The tool was created
OpenAI’s creation ChatGPT has drafted a law to regulate AI in Costa Rica after lawmakers in that country turned to the chatbot as the need to regulate the AI industry intensifies. This comes as world leaders are seized with discussions
The use of AI in finance has a myriad of applications, offering numerous benefits such as fraud detection, robo-advice, algorithmic stock trading, and personalized chatbots. However, a recent paper by the accountancy and auditing firm Deloitte, highlights the potential unintended consequences
Chinese President Xi Jinping met with Microsoft founder Bill Gates where the President reportedly told the tech billionaire that AI from the US was welcome in China. This is contrary to reports that have insinuated China was deliberately shutting out
In an effort to become a global leader in AI safety regulation, UK Prime Minister Rishi Sunak has announced plans to launch AI scholarships and invest £100 million for an AI taskforce. This comes as the Premier has also shown
OpenAI CEO Sam Altman has extended an invitation to China to help in the creation of ‘guardrails’ for the AI sector amid growing concerns. Proponents of AI have acknowledged the sector has the potential to transform the world and the
OpenAI CEO Sam Altman appeared before Congress on Tuesday to testify about the dangers and opportunities of AI, saying there is “urgent” need for regulation. The 38-year-old executive largely agreed with the members of a Senate subcommittee on the need
The stock price of Chinese AI company SenseTime has plunged after surging 11% on Tuesday following the announcement of a series of new AI-powered products. Chinese tech giants Alibaba Group Holdings and Japan’s Softbank Group Corp have both invested in
President Joe Biden yesterday (April 4) sat down with his Council of Advisors on Science and Technology (PCAST) to discuss the risks and opportunities of Artificial Intelligence development. During the powwow with academics and executives from tech giants like Google
Malicious players use artificial intelligence-generated videos on YouTube to lure people into downloading harmful malware that steals essential information. Within the last six months, CloudSEK wrote that it discovered a 300% increase in videos on YouTube that leads to malware platforms
The US Chamber of Commerce has called for regulation of artificial intelligence technology to ensure it does not hurt growth or become a national security risk, a departure from the business lobbying group’s typical anti-regulatory stance, reports Reuters. The debate
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