Tag: AI

The European Data Protection Board (EDPB) has set up a Task Force to develop a unified policy on artificial intelligence privacy and investigate potential data breaches by ChatGPT. This significant step towards data protection follows Italy's unilateral move to limit ChatGPT as well as Germany's data protection commissioner announcement. OpenAI, the parent organisation of ChatGPT, is being backed by Microsoft Corp. Get the scoop on this AI policy initiative and new task force.

From tech visionary Elon Musk, is a new AI venture he is reportedly planning in an effort to take on OpenAIChatGPT, Google's Bard and other big names in the industry. Fuelled with investments from SpaceX and Tesla, this generative AI start-up will utilize graphic processing units with the aim of producing ground-breaking results. Saturated with potential, the market value of such AI could reach up to $188.62billion and help spur worldwide economic growth. Be on the look out for Musk's newest brainchild!

Elon Musk, the tech innovator and owner of companies Tesla and SpaceX, is preparing to launch his own AI start-up. OpenAI’s AI-powered chatbot ChatGPT could be among Musk’s rivals. With plans to hire engineers and acquire investors, Musk's venture has caused speculation regarding his plans in the AI sector. He has also obtained thousands of Nvidia GPU processors for the language models of his start-up. With Musk’s entry, the competition between AI companies has become even more intense.

OpenAI is an AI research lab founded in 2015, owned by Microsoft and used by millions of people. CEO Sam Altman responds to an open letter regarding AI development from tech industry giants, pointing out it lacked nuance and denying the existence of GPT-5. Altman also notes safety protocols must be increased as AI capabilities become more advanced.

. Elon Musk plans to build an AI startup which could rival OpenAI, the makers of ChatGPT, reports Financial Times. AI experts and engineers are being assembled by Musk and he is talking to his Tesla and SpaceX investors to invest in the endeavor. Amid this, a group of AI researchers call for a 6-month moratorium on AI development more powerful than OpenAI's GPT-4 to tackle potential societal risks. Companies like Microsoft and Alphabet are also exploring ways to use ChatGPT in their services. This highlights potential issues of adoption and is currently being monitored by regulatory authorities. Musk has reportedly purchased graphics processor units from Nvidia to develop AI. Stay tuned to learn more about the ambitious plans of Musk.