Big Tech

Big Tech’s Undersea Cable Empire is Building Tomorrow’s Digital Economy

Big Tech’s Undersea Cable Empire is Building Tomorrow’s Digital Economy
Big Tech’s Undersea Cable Empire is Building Tomorrow’s Digital Economy
October 01, 2024  |  Connected Economy

Innovation can’t exist without foundational infrastructure networks to support it. Last week, PYMNTS reported that the Global AI Infrastructure Investment Partnership, which is spearheaded by Microsoft, BlackRock...

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OpenAI’s Shift to For-Profit Model Changes the Game for AI Competition
OpenAI’s Shift to For-Profit Model Changes the Game for AI Competition
September 30, 2024  |  Artificial Intelligence

OpenAI, the creator of ChatGPT, is reportedly considering transitioning to a for-profit model. This strategic pivot is reshaping the artificial intelligence (AI) landscape, raising questions...

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Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
September 30, 2024  |  ANTITRUST

Microsoft’s size and scope has gotten the attention of Germany’s antitrust regulator. The Federal Cartel Office announced Monday (Sept. 30) that it was placing the...

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72% of Finance Leaders Use AI in Their Operations
72% of Finance Leaders Use AI in Their Operations
September 27, 2024  |  Artificial Intelligence

As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools...

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Google Reportedly Spent $2.7 Billion to Rehire Character.AI Founder
Google Reportedly Spent $2.7 Billion to Rehire Character.AI Founder
September 25, 2024  |  Artificial Intelligence

Google reportedly paid $2.7 billion to rehire ex-employee/AI guru Noam Shazeer. According to The Wall Street Journal (WSJ), Shazeer, who co-authored research that helped popularize artificial intelligence...

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Newsom Vetoes California Privacy Bill That Upped Consumer Data Control
Newsom Vetoes California Privacy Bill That Upped Consumer Data Control
September 24, 2024  |  Legal & Regulation

In a pivotal moment for data privacy and child protection, California Gov. Gavin Newsom recently made two contrasting decisions that highlight the complexities and competing...

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HSBC: Tech Sector Should Help Refund APP Fraud Victims
HSBC: Tech Sector Should Help Refund APP Fraud Victims
September 24, 2024  |  Cybersecurity

British banking giant HSBC wants the tech industry’s help with new fraud reimbursement rules. The bank said the regulations expected to go into effect next...

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Big Tech Awaits Changing of EU Regulatory Guard
Big Tech Awaits Changing of EU Regulatory Guard
September 22, 2024  |  Legal & Regulation

Two of the European Union’s top regulators are stepping down from their posts. And as Wired reported Saturday (Sept. 22), experts say it’s too soon...

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