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Italian regulator notifies OpenAI about violating Europe’s privacy laws

by AIP Online Bureau | Jan 29, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Confirmed breaches of the pan-EU regime can attract fines of up to 20 million euros, or up to 4 per cent of global annual turnover, reports TechCrunch London: The Italian regulator on Monday notified Sam Altman-run OpenAI about breaching European data privacy law,...

Microsoft, OpenAI hit with new lawsuit by authors over AI training

by AIP Online Bureau | Jan 8, 2024 | International News, Risk Management, Technology

Writers Nicholas Basbanes and Nicholas Gage told the court in a proposed class action that the companies infringed their copyrights by including several of their books as part of the data used to train OpenAI’s GPT large language model OpenAI and its financial backer...
OpenAI CEO says possible to get regulation wrong, but should not fear it

OpenAI CEO says possible to get regulation wrong, but should not fear it

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

Sam Altman, CEO,ChatGPT “Models that are like 10,000 times the power of GPT4, models that are like as smart as human civilization, whatever, those probably deserve some regulation,” The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation...

FTC opens investigation into OpenAI over misleading statements

by AIP Online Bureau | Jul 13, 2023 | Eco/Invest/Demography, Regulation, Technology

The FTC this week sent a 20-page demand for records about how OpenAI addresses risks related to its AI models. The agency is investigating whether the company engaged in unfair or deceptive practices that resulted in “reputational harm” to consumers The...

Meta, OpenAI sued by Sarah Silverman sues over copyright

by AIP Online Bureau | Jul 11, 2023 | International News, Risk Management, Technology

The lawsuits underscore the legal risks developers of chat bots face when using troves of copyrighted material to create apps that deliver realistic responses to user prompts Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against...
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