artificial intelligence

artificial intelligence
Microsoft Reveals AI Security Flaw That Threatens eCommerce and Financial Services
June 28, 2024

A newly discovered security vulnerability in artificial intelligence (AI) systems could pose significant risks to eCommerce platforms, financial services and customer support operations across industries. Microsoft has unveiled details of a technique called “Skeleton Key,” which can bypass ethical safeguards built into AI models businesses...

artificial intelligence
Toys R Us AI Commercial Signals Shift in Retail Marketing
June 28, 2024

Toys R Us has unveiled what it claims is the first-ever brand film using OpenAI’s new text-to-video tool, Sora. However, creatives are criticizing the move, saying it could be a sign that artificial intelligence (AI) is encroaching on their territory. The short film, “The Origin...

artificial intelligence
OpenAI, Microsoft Face Copyright Lawsuit by Mother Jones Publisher CIR
June 27, 2024

The Center for Investigative Reporting (CIR), the nonprofit news organization that produces Mother Jones and Reveal, has sued OpenAI and that firm’s largest shareholder, Microsoft. CIR’s lawsuit alleges that the companies committed copyright violations, the nonprofit said in a Thursday (June 27) press release. “OpenAI...

artificial intelligence
Accounting Industry Ripe for GenAI Integration, Andreessen Horowitz Says
June 27, 2024

Artificial intelligence (AI) is poised to change the accounting industry, according to a new report from venture capital firm Andreessen Horowitz. As large language models (LLMs) continue to advance, AI is becoming a crucial component in various sectors, with accounting firms particularly eager to harness...

artificial intelligence
AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
June 27, 2024

The artificial intelligence (AI) boom is reshaping the tech landscape, with industry giants and startups reporting significant gains and attracting major investments. Memory chip maker Micron Technology announced robust quarterly results fueled by AI demand, while eCommerce giant Alibaba.com rolled out AI tools to empower...

artificial intelligence
AI Leading to New Tools, Job Cuts in Creative Industries
June 26, 2024

Artificial intelligence (AI) has the potential to expand human creativity and enhance collaboration, but it may also lead to the disappearance of certain creative jobs. The future impact of AI on creativity and job security remains uncertain, CNBC reported Wednesday (June 26). Mira Murati, chief...

artificial intelligence
Nvidia Targets Partnerships, Value to Retain AI Chip Market Share
June 26, 2024

Nvidia has taken a number of steps to maintain its dominant position in the field of artificial intelligence (AI) chips, Nvidia CEO Jensen Huang said Wednesday (June 26). Speaking during the company’s shareholder meeting, Huang said the firm has already “transformed” from a gaming-focused company...

artificial intelligence
BIS: Financial Sector Among ‘Most Exposed’ to AI Benefits, Risks
June 26, 2024

The financial sector is among the “most exposed” to both the benefits and the risks of artificial intelligence (AI), the Bank for International Settlements (BIS) said Tuesday (June 24).  The benefits of AI for the sector include improvements for lending and payments, while the risks include...

artificial intelligence
AI Regulation: Google Backs Bills as EPIC Releases Evaluation Tool
June 26, 2024

Artificial intelligence (AI) regulation takes center stage as tech giants, researchers and watchdogs join the fray, pushing for smart governance of a technology with the potential to reshape our world.  Google Exec Supports AI Regulation In a move signaling Big Tech’s stance on artificial intelligence...