ChatGPT, an AI-powered chatbot once known for helping users find information on various topics, has been found to provide false or misleading information to its users, who should remain sceptical of the factual accuracy of its responses. Cyber-security specialist Herbert Lin demonstrated that the tool can generate false information, highlighting that users should be especially cautious when seeking academic knowledge.
Foxconn, a major Apple supplier, gears up for triple-digit growth in the AI server market, attributable to ChatGPT and advanced tech, with revenue of $215B in 2020. Other AI-driven companies expected to profit too. However, tensions and inflation may cause revenue to remain flat.
Goldman Sachs faces leadership changes as Fred Baba and Dina Powell exit. Baba, an influential partner, wrote a viral internal memo about being Black, and is reportedly receiving offers from non-bank trading firms. Meanwhile, Powell McCormick joins BDT & MSD Partners as Vice Chairman and President of Global Client Services. The firm looks to overcome a dealmaking drought and prepare for another round of layoffs. #GoldmanSachs #leadership #FDIBanking
Italy launches €150M fund to support AI startups and establish a task force of experts, while chipmaker Nvidia hits $1T valuation with its ChatGPT technology.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?