Tag: Microsoft

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Apple bans ChatGPT use for employees over fears of data leaks

An internal document from the tech giant said that while it develops its own AI technology, employee usage of outside AI chatbots will be restricted. Big Tech giant Apple has restricted company usage of the widely popular artificial intelligence (AI) chatbot ChatGPT over fears its sensitive data could be compromised. A report by The Wall…
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OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety

Altman appeared alongside NYU professor Gary Marcus and IBM chief of trust Christina Montgomery to discuss how the U.S. government should regulate the AI industry. Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina Montgomery, and NYU professor Gary Marcus.  The Senate Judiciary Privacy,…
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Microsoft, Goldman Sachs, and Others Back Canton Network, a New Financial Blockchain – Here’s What You Need to Know

A number of prominent technology and digital asset firms have expressed support for Canton Network, a new blockchain seeking to streamline financial markets through the use of Web3 technology. In a recent press release, the platform called Microsoft, Capgemini, Deloitte, IntellectEU, and Umbrage among its industry partners, with Goldman Sachs, BNP Paribas, Deutsche Börse Group, and…
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Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network

This week’s Crypto Biz explores Arbitrum’s latest proposal, Ripple’s two-year battle with the SEC and a large corporations’ coalition to build blockchain solutions for institutional investors. A million-dollar question in crypto might be whether tokens can be considered securities in the United States, with some crypto companies staking a lot of money on it.  For…
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Microsoft axes Bing wait list, giving users free access to GPT-4

Bing is set to receive several much-requested AI-powered features that could put it in competition with OpenAI’s ChatGPT Plus subscription service. Microsoft recently announced a slew of new artificial intelligence (AI)-powered features for its Bing chatbot and Edge web browser. Chief among the changes, Bing users now have full access to the GPT-4 model —…
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Crypto Biz: EU looks under the hood of Big Tech algorithms, Musk’s TruthGPT and more

This week’s Crypto Biz explores the fast-growing AI market, MicroStrategy’s integration with Bitcoin Lightning Network, and Microsoft’s efforts to power AI development. Whether the intelligence can provide truthful answers will have to be seen, but the move would undoubtedly strengthen Musk’s business portfolio, which already includes SpaceX and Twitter, both companies sharing Musk’s curiosity about…
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Warren Buffett was wrong about a ‘rat poison’ Bitcoin portfolio, data shows

Warren Buffett is not a big fan of Bitcoin, and this position has cost his investment portfolio at least a 320,000% potential gain. Legendary investor Warren Buffett sees no value in Bitcoin (BTC), infamously calling it “rat poison squared.” But data shows that adding Bitcoin to a so-called “rat poison portfolio,” an equally weighted portfolio…
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Musk to Launch ‘Truthgpt,’ Says Microsoft-Backed Chatbot Is Trained to Lie

Tech investor Elon Musk intends to develop an artificial intelligence (AI) platform that will be “truth-seeking” and safe for mankind. Admitting he is starting late, the billionaire nevertheless vowed to try to present a “third option” that will challenge the products of giants Microsoft and Google. Elon Musk Slams Microsoft-Funded Openai, Google Founder for AI…
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Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace

PRESS RELEASE. Seattle, WA, April 19, 2023 — Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides customers with an accelerated on-ramp to easily access, manage…
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Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining

While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers.…
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