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ChatGPT suffers global outage including in India, OpenAI ‘investigating’
"We are investigating," said the company. About 88 per cent of...
UK judge warns of risk to justice after lawyers cited fake AI-generated cases in court
High Court justice Victoria Sharp said the misuse of AI has...
Howden accelerates growth in the Gulf with the establishment of Howden Bahrain
Dalal Buhejji, Executive Director of Business Development for Financial Services at the Bahrain Economic Development Board, said: “In line with the Financial Services Sector Development Strategy under the Kingdom’s Economic Recovery Plan which outlines an overall...
Kotak General Insurance partners with actyv.ai for providing MSME cover
Mumbai: Kotak Mahindra General Insurance (Kotak General Insurance) on Wednesday has partnered with actyv.ai to offer bite-sized insurance products to new-age Micro,Small and Medium Enterprises (MSME) companies. Jagjeet Singh Siddhu, Head of Multiline Business, Kotak...
Data theft of 66.9 crore persons: Cyberabad police serve notices to 11 organisations
The accused person was found in possession of the data of students of edu-tech organisations as well as the GST details of persons and companies, and the consumer/customer data of major organisations such as road transport corporations of various states, major...
Italy curbs ChatGPT, starts probe over privacy concerns
The rapid development of the technology has attracted attention from lawmakers in several countries. Many experts say new regulations are needed to govern AI because of its potential impact on national security, jobs and education. The European Commission, which is...
German court expects conviction for former Audi boss in diesel scandal
Former Audi boss Rupert Stadler The trial is one of the most prominent court proceedings in the aftermath of the diesel scandal at Volkswagen and its subsidiary Audi. Revelations that millions of emissions tests had been manipulated emerged in September 2015 According...
Philips expects to reach recall settlements this year
The company recalled millions of breathing devices and ventilators used to treat sleep apnea in 2021 because foam used to dampen noise from the devices might degrade and become toxic, carrying potential cancer risks. Dutch health technology company Philips expects to...
Sebi to boost disclosure norms; do away with permanent board seats for individuals
Sebi also said that listed entities will be required to fill up the vacancy of Directors, Compliance Officer, Chief Executive Officer and Chief Financial Officer within a period of three months from the date of such vacancy to ensure that such critical positions are...
Sebi puts in place cybersecurity framework for portfolio managers
Accordingly, all portfolio managers with asset under management of Rs 3,000 crore or more, under discretionary and non-discretionary portfolio management service taken together, as on the last date of the previous calendar month will comply with the provisions of...
NCLAT upholds Rs 1,337.76 cr fine on Google, make some modifications in CCI order
On October 20 last year, the Competition Commission of India (CCI) slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices. CCI had also ordered the internet major to cease and desist from various unfair...
Musk, experts urge pause on AI systems, citing ‘risks to society’
Elon Musk The concerns come as EU police force Europol on Monday joined a chorus of ethical and legal concerns over advanced AI like ChatGPT, warning about the potential misuse of the system in phishing attempts, disinformation and cybercrime. Elon Musk and a group of...