Tag: Profit
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Amazon Fined $25 Million by FTC for Allegedly Violating Children’s Privacy with Alexa
Amazon fined $25m for violating COPPA rules with Alexa and Echo. FTC & DOJ claim Amazon retained sensitive data for profit, putting children's privacy at risk. Proposed federal court order mandates data deletion.
AI Stock Prices Taking a Hit on Wednesday
Tech companies like HP, Hewlett Packard Enterprise, and Ambarella have faced stock losses due to challenges in incorporating AI into their business models despite their dedication to AI technology.
Beware of Fake ChatGPT Apps – They Can Steal Your Money – Uninstall Immediately If You Already Installed
ChatGPT, OpenAI's popular AI-based chatbot, is easy prey for online scammers. Recently, Sophos noticed fake ChatGPT apps on Google Play Store and Apple App Store. These unethical apps are nothing but "fleeceware" – users get bombarded with ads at the end of their trial and asked to pay a hefty subscription fee. Be aware, opt for the real OpenAI ChatGPT and stay safe!
OpenAI’s Huge Yearly Loss of Half a Billion Dollars
OpenAI has reportedly lost a half billion dollars due to server expenses from its AI chatbot, ChatGPT. The company is investing heavily in AI models and expecting a $200 million revenue in 2021. To sustain these losses, OpenAI plans to raise up to $100 billion with Microsoft's $10 billion investment. Led by Sam Altman, OpenAI focuses on advancing technology in a way that benefits humanity.