EU Lawmakers Plan to Finalise Draft AI Rules by March Amid Concerns About ChatGPT

EU Lawmakers Plan to Finalise Draft AI Rules by March Amid Concerns About ChatGPT

EU lawmakers hope to agree on draft artificial intelligence rules next month, with the aim of clinching a deal with EU countries by the end of the year, one of the legislators steering the AI Act said. The European Commission proposed the AI rules in 2021 in an attempt to foster…

Google Said to Have Invested $400 Million in OpenAI’s ChatGPT Rival Anthropic

Google Said to Have Invested $400 Million in OpenAI’s ChatGPT Rival Anthropic

Alphabet’s Google has invested almost $400 million (roughly Rs. 3,299 crore) in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT, according to a person familiar with the deal. Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use…

ChatGPT Faces Another Issue as EU Chief Suggests New AI Rules to Tackle Risks

ChatGPT Faces Another Issue as EU Chief Suggests New AI Rules to Tackle Risks

EU industry chief Thierry Breton has said new proposed artificial intelligence rules will aim to tackle concerns about the risks around the ChatGPT chatbot and AI technology, in the first comments on the app by a senior Brussels official. Just two months after its launch, ChatGPT — which can generate articles, essays,…

Microsoft Says Q4 2022 Sales Slowed, Profits Slumped as Cloud Computing Revenue Sees Growth

Microsoft Says Q4 2022 Sales Slowed, Profits Slumped as Cloud Computing Revenue Sees Growth

Microsoft on Tuesday said sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushed it to lay off 10,000 workers. The Washington state-based tech giant — owner of LinkedIn, Xbox and Windows — said overall sales rose just two percent in the October-to-December…

Microsoft Announces Further Multibillion Dollar Investment in OpenAI as Competition Heats Up

Microsoft Announces Further Multibillion Dollar Investment in OpenAI as Competition Heats Up

Microsoft Corp on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and setting the stage for more competition with rival Alphabet Inc’s Google. Recently touting a revolution in artificial intelligence (AI), Microsoft is building on a bet it made…