Tag: Italy

OpenAI, co-founded by Elon Musk, faces scrutiny from a Japanese privacy watchdog for collecting sensitive data without consent. The regulator urged OpenAI to limit their data collection for machine learning. This aligns with the recent G7 meeting, establishing focus on high-risk generative AI technologies. As global regulations on AI compliance emerge, technologies like ChatGPT must comply with new rulebooks. Will OpenAI be able to bounce back in Italy after complying to privacy rules underlined by the Italian privacy authority?

OpenAI's ChatGPT warned by Japan's data protection authority to minimize sensitive data collection. Italy banned it due to privacy concerns that were later resolved.

OpenAI under fire for data privacy. Japan's watchdog urges the firm to reduce personal data collection after similar restrictions in Italy. Despite these challenges, OpenAI remains a dominant player in AI technology. Asset manager GQG's founder believes investing in AI will create more losers than winners, but his firm still invested $2.3bn in Nvidia shares.

Italian Senator Marco Lombardo recently delivered a speech in parliament written by an AI chatbot, sparking a debate on the risks and opportunities of AI. Lombardo stressed the importance of balancing AI regulation and innovation while utilizing its potential responsibly. Italy is a major participant in global AI regulation efforts.

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.