This article talks about how open-source AI technology, such as ChatGPT, is becoming increasingly popular. Microsoft's heavy investments in OpenAI, combined with its AI-enabled Bing search and Edge browser, has helped propel its use. We also take a look at specific ETFs, such as AIEQ, IRBO, WCLD and CLOU, that investors may benefit from in this rapidly growing sector. ChatGPT has sparked a major leap in AI technology, with Microsoft cloud hosting powering many of the related data operations.
The European Union is taking action to ensure citizens' privacy as AI technology grows. Last month, Italy prohibited the use of ChatGPT chatbot, citing failure to comply with GDPR rules. France and Spain also initiated investigation into OpenAI, the American firm behind the chatbot. ChatGPT has capabilities to write conversations and has caused concerns over misuse and data privacy. The EU is forming a taskforce to help countries grapple with the chatbot.
Google is an American tech giant, providing internet-related services, operating systems, and products since 2003. Recently, the US Department of Justice accused Google of monopolizing the search market and argued that the release of OpenAI's ChatGPT technology was potentially delayed due to this. The Justice Department highlighted that Google's default search engine contracts with Apple and smartphone providers could be limiting the competition. John Schmidtlein, Google's lawyer, opposed this idea. Judge Amit Mehta is expected to decide on the antitrust cases against Google this summer.
. The European Data Protection Board (EDPB) is launching a task force to ensure citizens' privacy when using the popular artificial intelligence chatbot ChatGPT. OpenAI, the program's creator, faces further investigations in Spain, France and Italy due to privacy concerns about their data gathering process. Get the latest on investigations, GDPR implications and the controversy surrounding this program.
Amazon is bringing more innovation in AI and ML technology with its new service Bedrock and CodeWhisperer. These tools make app development and operation faster, easier and more efficient. Big names in AI like OpenAI, Microsoft and Google are also making major steps in the industry. Get ready to discover the limitless possibilities of AI and ML with Amazon, OpenAI and others.
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?