Tag: Generative AI systems

The European Union leads the way in regulating AI, with approval of the AI Act. The legislation aims to mitigate risks and increase accountability for high-risk applications. It sets out increased disclosure obligations while balancing innovation with oversight.

Learn about Quantum Machine Learning (QML), the intersection of quantum information processing, machine learning, and optimization. QML can revolutionize traditional machine learning with greater accuracy, faster training, and novel algorithms. IonQ is leading in advanced QML research and hardware development, with CEO Peter Chapman's extensive background in machine learning. QML could be as remarkable as the large language models used by ChatGPT and other generative AI systems.

OpenAI's CEO Sam Altman recently revealed ChatGPT may move out of Europe due to new regulations. OpenAI develops advanced technology to improve computer vision, artificial general intelligence, and other disciplines. These regulations will have implications, as companies using generative AI, like ChatGPT, must disclose any copyrighted material after the regulations take effect.

ChatGPT, the AI chatbot by OpenAI, has shown reliable results in predicting stock price movement, as backed up by a new University of Florida paper. Comparing over 50,000 headlines from NYSE, Nasdaq and more, ChatGPT outperforms traditional models with its advanced language understanding capabilities. Its accuracy has been tested in a survey by a financial comparison site, revealing a 4.9% growth amid the average 8% loss of leading funds. AI for asset management may soon lift global GDP by 7% and productivity growth by 1.5 percentage points. OpenAI's progress with ChatGPT brings future opportunities in finance and technology.

OpenAI, founded in 2018 by Elon Musk, Sam Altman and Greg Brockman, is a San Francisco-based research laboratory. With the development of sophisticated AI technology, data protection issues have become increasingly important. OpenAI responded to the block imposed by the Italian Data Protection Authority, Garante, at the end of March by introducing greater transparency and opt-out for users in the EU. More recently, EU Parliament's AI Act has been concluded, which means generative AI systems such as ChatGPT will be examined on a case-by-case basis, with additional guidelines on data quality and cyber security. Private AI and Microsoft are also exploring ways to make GPT language models privacy-friendly.