Tag: Compliance

Digital fraud is on the rise in the UK and Europe, with deepfakes and forced verification making up a larger percentage of cases. AI technology has led to an increase in deepfake use by criminals, while printed forgeries have dropped. Sumsub has been instrumental in uncovering these trends and offers verification services to help businesses fend off fraud.

OpenAI's CEO Sam Altman is scouting for a European office in compliance with upcoming EU regulations. The decision will impact AI regulation enforcement.

OpenAI CEO Sam Altman voices concerns over EU AI regulation, stating it could halt services like ChatGPT and hamper technological advancements, leading to overregulation.

Twitter faces backlash for withdrawing from EU's disinformation Code of Practice. EU officials warn Twitter must follow new legal obligations under DSA by 25 August or risk being removed from the European Union. Other tech giants including Google and Microsoft have committed to measuring progress in tackling disinformation. Elon Musk's Twitter has also become more compliant with government requests since taking over, despite previously advocating for social media regulation. Twitter has yet to release an official statement regarding its departure.

ChatGPT is an AI-powered platform that enables organizations to create conversational experiences for their customers. Founded by experts in natural language processing and machine learning, ChatGPT leads the field in providing secure, reliable and intuitive AI solutions. CEO Sam Altman has been vocal about the importance of building trust in the AI space, and is firmly advocating for the EU to take into account the various operational models of existing platforms.