#OPENAI News, Headlines and Posts

AI eliminated nearly 4,000 jobs in May, report says

cbsnews.com For those wondering when AI will start replacing human jobs, the answer is it already has. Artificial intelligence contributed to nearly 4,000 job losses last month,…

Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC

cointelegraph.com Microsoft has reportedly signed a deal with former Ethereum miner CoreWeave to use its cloud computing infrastructure to support its Artificial Intelligence-powered…

THE HASH: MakerDAO on Track for $1.28B Treasury Purchase; Bitcoin Miners Likely Selling Output at $28K: Matrixport

content.production.cdn.art19.com The most valuable crypto stories for Friday, June 2, 2023. "The Hash" tackles today's hot topics: the community governing MakerDAO, the decentralized autonomous organization…

Microsoft fires Windows Cortana app, sticks in more ads

theregister.com Microsoft on Friday disclosed it will drop support for Cortana as a standalone app in Windows 10 and 11. In a note to users, the IT giant said this doesn't mean the…

T. Rowe Price has marked down its stake in Canva by 67.6%

techcrunch.com Last summer, Blackbird, one of Australia’s largest venture operations, marked down the value of one of its most prized stakes, in the Sydney-based design platform Canva.…

Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips

cointelegraph.com Just over six months after FTX’s dramatic collapse, the crypto industry can finally begin analyzing the effects of the debacle. The quick ripple effect to other crypto…

Meta found liable as court blocks firing of moderators

techcrunch.com A Kenyan court has ruled that Meta is the primary employer of content moderators suing the social media giant and its content review partner in Africa, Sama, for unlawful…

Y Combinator founder Paul Graham thinks stock market investors are missing out on the AI boom

businessinsider.com Paul Graham thinks public market investors don't have enough AI investment options. Joe Corrigan/Getty Images In a recent tweet, Graham said he believes all the good AI…

AI hypocrisy: OpenAI, Google and Anthropic won't let their data be used to train other AI models, but they use everyone else's content

businessinsider.com Samuel Altman, CEO of OpenAI, testifies before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law May 16, 2023 in Washington, DC. Win McNamee/Getty Images…

ChatGPT and Generative AI in Banking: Reality, Hype, What's Next, and How to Prepare

businessinsider.com ChatGPT, a generative AI-powered conversational chatbot developed by OpenAI, is the talk of 2023. In the banking industry, generative AI will help create marketing images…

Microsoft CTO Kevin Scott on AI copilots, disagreeing with OpenAI, and Sydney making a comeback

dcs.megaphone.fm Microsoft CTO Kevin Scott oversees the company's AI efforts, including its big partnership with OpenAI and ChatGPT. Kevin and I spoke ahead of his keynote talk at Microsoft…

Should I Buy Amazon Stock?

watcher.guru There is no understating of the rapid growth of Amazon since its inception. As the leader in online retail, the company has become one of the most widely used services in…

Japan Sends Warning to ChatGPT Creator OpenAI about Collecting Private User Data without Consent

coinspeaker.com Coinspeaker Japan Sends Warning to ChatGPT Creator OpenAI about Collecting Private User Data without Consent Japan’s privacy agency has announced it issued a warning to…

Microsoft Teams Free Announces Its Biggest Upgrade Yet

tech.co It's a good day to be a Microsoft Teams free user. The communication platform has just released a boatload of features to its complimentary tier, including enhanced design…

Wharton professor Jeremy Siegel says investors' hopes of a Fed pause are pushing stocks higher

finance.yahoo.com None Wharton professor Jeremy Siegel said hopes of a Fed pause are fueling the stock market rally. • None Halting interest-rate hikes now could lower the chances of a…

Here's what it might look like if A.I. is deployed to sway elections

fortune.com Could organizations use artificial intelligence language models such as ChatGPT to induce voters to behave in specific ways? Sen. Josh Hawley asked OpenAI CEO Sam Altman…

The Leak That Has Big Tech and Regulators Panicked

slate.com In February, Meta released its large language model: LLaMA. Unlike OpenAI and its ChatGPT, Meta didn’t just give the world a chat window to play with. Instead, it released…

How Deepfakes Could Affect the Journalism

entrepreneur.com Deepfake technology adds another layer to navigate for journalists, which, if used ethically, could pave the way for new forms of storytelling. Opinions expressed by…

How AI can help investors, according to Toggle AI CEO

aol.com AI can help investors harness and better understand data about the markets, said Toggle AI CEO Jan Szilagyi on Yahoo Finance Live (video above). "We've taken this really…

Sam Altman, Grimes and Others Warn A.I. Poses an Extinction Threat

observer.com The advancement of artificial intelligence could lead to the end of human existence as we know it, according to an extremely brief open letter released yesterday (May 30)…

ChatGPT and Generative AI in Payments: Reality, Hype, What's Next, and How to Prepare

businessinsider.com ChatGPT, a conversational AI model built by OpenAI, is the most talked-about technology of 2023. And it has caught the attention of payments services providers keen to…

AI doomerism is overblown and other TC news

techcrunch.com Many of the leading voices in AI have co-signed yet another ominous open letter warning that we should be “mitigating the risk of extinction from AI.” However, the voices…

What AI Governance Can Learn From Crypto’s Decentralization Ethos

coindesk.com Just two months ago, an earlier open letter signed by Tesla and Twitter CEO Elon Musk along with 31,800 others, called for a six-month pause in AI development to allow…

Startups are using ChatGPT to meet soaring demand for chatbot therapy

semafor.com The Scene For the last few months, Mark, 30, has relied on OpenAI’s ChatGPT to be his therapist. He told the chatbot about his struggles, and found it responded with empathy…

OpenAI in Trouble With Japanese Watchdog as Expert Investor Questions AI Rally

beincrypto.com The Japanese privacy watchdog has warned OpenAI about collecting sensitive data. Meanwhile, the founder of GQG partners is questioning whether the stock market rebound is…

Tron’s TRX now live on Ethereum via BitTorrent bridge, boosting DeFi access

cryptoslate.com Tron’s TRX is available on Ethereum (ETH) after leveraging BitTorrent (BTT) Bridge to gain access to the largest decentralized finance (DeFi) ecosystem in the industry. In a…

Detecting AI may be impossible. That’s a big problem for teachers

washingtonpost.com I first wrote about Turnitin’s AI detector this spring when concerns about students using AI to cheat left many educators clamoring for ways to deter it. At that time, the…

Here's the Startup That Could Win Bill Gates' AI race

thestreet.com Though artificial intelligence is not necessarily new, the field entered a notably new environment when ChatGPT launched in November. Something that had long been under the…

Earnings Previews: GitLab, Science Applications International (SAIC)

247wallst.com Shortly after Friday’s opening bell, the Dow Jones industrials traded up 0.77%, the S&P 500 up 0.85% and the Nasdaq up 0.99%. Nonfarm payrolls jumped by 140,000 new jobs…

The international competition heats up

marginalrevolution.com Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI’s ChatGPT, is close to completing a fundraising of more than $250 million that…

Pro Weekly: Generative AI Spurs Cloud Demand

theinformation.com Welcome back! To help readers track the frenzy around generative artificial intelligence, we launched The Information's Generative AI Database, listing 39 startups that make…

SigmaOS launches a contextual AI assistant for its browser

techcrunch.com While OpenAI launched an official ChatGPT app for iOS, most of the AI-powered chatbots are still best accessible through the web. And that’s why browsers are stepping up to…

OpenAI CTO’s Twitter Account Hacked, Used to Promote Fake $OPENAI Crypto Airdrop

coinspeaker.com Coinspeaker OpenAI CTO’s Twitter Account Hacked, Used to Promote Fake $OPENAI Crypto Airdrop Another story of hackers compromising the Twitter accounts of famous…

Japanese regulators warn OpenAI against collecting sensitive data

cryptoslate.com Japan’s Personal Information Protection Commission warned OpenAI against collecting sensitive information without people’s consent, Reuters reported on June 2. The privacy…

Generative AI — which some fear could contribute to the end of humanity

businessinsider.com The generative AI industry will grow from $40 billion in 2022 to $1.3 trillion in 2032. Yuichiro Chino The generative AI industry is set to grow from $40 billion in 2022 to…

Why an Octopus-like Creature Has Come to Symbolize the State of A.I

nytimes.com Why an Octopus-like Creature Has Come to Symbolize the State of A.I. A few months ago, while meeting with an A.I. executive in San Francisco, I spotted a strange sticker on…

OpenAI's CTO Hacked Twitter Account Promotes Fraudulent 'OPENAI' Token

decrypt.co In a startling turn of events, the Twitter account of Mira Murati, OpenAI's CTO, was hijacked, potentially impacting tens of thousands of users. Once compromised, the…

OpenAI gets warning from Japanese regulators on data collecting

cointelegraph.com Officials in Japan are beginning to tighten their stance towards artificial intelligence (AI) after the country's local privacy watchdog warned the ChatGPT parent company…

OpenAI exec’s Twitter account hacked to steal crypto

protos.com The Twitter account of artificial intelligence firm OpenAI’s chief technical officer was hacked on Friday to share a scam promotion of a fraudulent OpenAI cryptocurrency…

OpenAI Launches Cybersecurity Grant Program As It Warns of “Risk Of Extinction”

beincrypto.com OpenAI has announced a $1 million grant program to enhance the cybersecurity capabilities of artificial intelligence (AI). The news comes as the world pivots from excitement…

10 Friday AM Reads

ritholtz.com My end-of-week morning train WFH reads: • Wall Street Banks Are Using AI to Rewire the World of Finance: Lenders are experimenting with artificial intelligence. Not even…

10 Things in Tech: Hype House for generative AI developers, why Apple is jumping into the metaverse, and a long-range, electric Toyota

businessinsider.com It's finally Friday, friends. I'm Diamond Naga Siu, and working remotely makes the week feel longer to me. Like my fully-remote colleague Rebecca Knight, I miss sharing…

Why a military AI-enabled drone went rogue in a simulation

vox.com Silhouette of spy drone flying over the sea. | Getty Images/iStockphoto And what it tells us about the growing existential threat of powerful but uncontrolled AI. At an…

Japan’s privacy watchdog warns ChatGPT-maker OpenAI on user data

theglobeandmail.com Japan’s privacy watchdog said on Friday it has warned OpenAI, the Microsoft-backed startup behind the ChatGPT chatbot, not to collect sensitive data without people’s…

20VC: Who Wins the AI Race; Startups or Incumbents & Does Having Proprietary Data Really Matter For Startups Today?

thetwentyminutevc.libsyn.com One of the core questions in AI and investing today; who wins, startups or incumbents? Startups have speed and innovation but incumbents have scale, resources, and…

AI is getting out of control and it's creating a generational divide

businessinsider.com Hiring managers predict workers with high emotional intelligence and creativity will be more sought after as artificial intelligence grows in sophistication. Malte…

AI is being used to 'turbocharge' fraud with voice cloning scams, and regulators 'need to be vigilant early,' FTC chair warns

businessinsider.com Lina Khan. Graeme Jennings-Pool/Getty Images The FTC chair warned that AI is being used to "turbocharge" fraud and scams, per Bloomberg. It follows reports of scammers using…

#OPENAI News