OpenAI has developed ChatGPT: an advanced AI chatbot, prompting countries all over the world to regulate its usage. Canada's Office of the Privacy Commissioner is conducting an investigation into OpenAI's data collection & usage practices & compliance with transparency & accountability in handling Canadian user data.
JPMorgan kicked off the AI-progress in banks by filing for a ChatGPT trademark, as reported by CNBC. This tool utilizes AI to provide customers with investment advice and with other AI-driven initiatives, JPMorgan is on track for their $1 billion goal. However, despite the competition between tech giants, the bank still restricts 3rd-party software. ChatGPT is revolutionizing banking and will play a major part in the future.
AI is revolutionizing how we interact with technology - as Appen has used human labor to teach computers to recognize images and speech, advances in AI are taking away some human jobs. It's important to be aware of the industry investments, as global companies like Microsoft, Google, and Amazon are all benefiting. Munro Partners' Nick Griffin suggests caution in investing in AI, and Appen provides an array of services for machine learning and annotation. Investors should consider a balanced approach.
Amazon is leveraging its proven expertise in machine learning and cloud technology with newly released "Generative AI Sales Playbook": helping customers integrate AI technology into offerings, content and customer experiences over competitors like OpenAI. Discover the competitive edge Amazon is setting to become the leader in Generative AI.
Sam Altman, CEO of ChatGPT-maker OpenAI, is looking for the best spot in Europe to set up their new office. He recently talked to Bloomberg about Poland, a potential fit for the firm's research and engineering focus. OpenAI faces legal issues in Europe but Altman also hopes Polish companies will benefit from OpenAI's AI. He recently visited Madrid, London, Paris, and Warsaw.
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?