Big Tech

OpenAI Valuation Could Hit $86 Billion With Share Sale
OpenAI Valuation Could Hit $86 Billion With Share Sale
October 20, 2023  |  artificial intelligence

OpenAI is reportedly mulling a share sale that would value the company at $86 billion. That figure would raise the ChatGPT-maker’s valuation to around triple what...

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Google, Meta, Apple Receive FCC Approval to Tap Into Airwaves for VR and AR
Google, Meta, Apple Receive FCC Approval to Tap Into Airwaves for VR and AR
October 19, 2023  |  Big Tech

Google, Meta and Apple have received approval from the Federal Communications Commission (FCC) to use airwaves for their virtual reality (VR) and augmented reality (AR) tools. This decision marks a...

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Meta Says Advertisers Want Better AI Chatbots
Meta Says Advertisers Want Better AI Chatbots
October 18, 2023  |  artificial intelligence

A top Meta executive says AI chatbots will help draw businesses as well as users. “There’s a huge demand from business for better tools,” Chief Product Officer Chris...

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Study: Private Medical Info Often Exposed to Data Leakage
Study: Private Medical Info Often Exposed to Data Leakage
October 17, 2023  |  Healthcare

A recent report finds that consumers’ private medical information may not be that private. “The healthcare industry has rapidly embraced digital technologies to enhance patient...

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Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
October 16, 2023  |  Security & Fraud

With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. In March 2023, for example,...

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AI’s Cost Curve Has Big Tech Losing Money
AI’s Cost Curve Has Big Tech Losing Money
October 12, 2023  |  Artificial Intelligence

Artificial intelligence (AI) has captured the imagination of some of the world’s largest companies. It has also captured a sizable portion of their spending —...

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Research Links Quick Access to Digital Loans to Higher Default Rates
Research Links Quick Access to Digital Loans to Higher Default Rates
October 10, 2023  |  Loans

Technology broadened the lending landscape, making it easier for previously underserved populations to receive money with a speediness that would be otherwise unimaginable were it...

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AI-Generated Ads Could Damage 2024 Election, Lawmakers Say
AI-Generated Ads Could Damage 2024 Election, Lawmakers Say
October 05, 2023  |  artificial intelligence

A pair of Democratic lawmakers want social media platforms to regulate artificial intelligence (AI)-generated election ads. U.S. Sen. Amy Klobuchar of Minnesota and U.S. Rep. Yvette Clarke of...

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Lawmakers Raise Concerns Over Social Media’s Deepfake Problem
Lawmakers Raise Concerns Over Social Media’s Deepfake Problem
October 05, 2023  |  Security & Fraud

Generative artificial intelligence (AI) can digitally create nearly everything and anything. And that is becoming a problem. One of the world’s most popular YouTubers, MrBeast,...

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