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☆ 'Great tailwind': Asset manager is bullish on this under-the-radar AI stock
▼ + stars: | 2023-10-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

But according to Deepwater Asset Management, there's one under-the-radar AI stock that will be essential for the long-term infrastructure rollout of artificial intelligence. "An under-the-radar AI stock is Vertiv," Doug Clinton, managing partner at Deepwater, told CNBC's "Street Signs Asia" last week. The company's specialty is graphics processing units, or GPUs, which have become the preferred chips for the large AI models that underpin generative AI software. "We think [Vertiv has] a great tailwind for the next three to five years as this AI hardware buildout continues," Clinton added. Alphabet Alphabet , which Clinton described as Deepwater's largest AI holding, has a "great catalyst" for the latter half of this year: the launch of its latest AI model Gemini.

Persons: Doug Clinton, CNBC's, Clinton, Kif Leswing Organizations: Nvidia, Microsoft, Asset Management, Deepwater, Deepwater Frontier Tech, Ark, Global, Robotics, Intelligence, Deepwater Frontier, Adobe, Unity Software Locations: U.S, LOUP, Netherlands, Taiwan, South Korea

☆ China proposes blacklist of training data for generative AI models
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBEIJING, Oct 12 (Reuters) - China has published proposed security requirements for firms offering services powered by generative artificial intelligence, including a blacklist of sources that cannot be used to train AI models. Generative AI, popularised by the success of OpenAI's ChatGPT chatbot, learns how to take actions from past data, and creates new content like text or images based on that training. The committee proposes conducting a security assessment of each body of content used to train public-facing generative AI models, with those containing "more than 5% of illegal and harmful information" to be blacklisted. The draft rules also state that information censored on the Chinese internet should not be used to train models. The draft security requirements published on Wednesday require organisations training these AI models to seek the consent of individuals whose personal information, including biometric data, is used for training purposes.

Persons: Dado Ruvic, OpenAI's, Eduardo Baptista, Jane Merriman, Jan Harvey Organizations: REUTERS, Rights, National Information Security, Cyberspace Administration of China, CAC, Ministry of Industry, Information Technology, Baidu, HK, U.S, Thomson Locations: Rights BEIJING, China

☆ Google VP teases Gemini's multimodal future: 'I've seen some pretty amazing things.'
▼ + stars: | 2023-10-12 | by ( Hugh Langley | ) www.businessinsider.com time to read: +6 min

She also discussed how the company is rethinking the future of Google Assistant. AdvertisementAdvertisementThere's a lot of pressure on Google right now. A key person in the middle of all this is Sissie Hsiao, Google's VP and general manager of Bard and Google Assistant. If it disappoints, it will embolden critics who say Google has fallen behind. Google Assistant was the answer, and in 2021 Google reshuffled its search team to put Hsiao in charge of its voice assistant.

Persons: Bard, —, OpenAI's, Sundar Pichai, Demis Hassabis, Sissie Hsiao, Google's, She's, Hsiao, Gemini, I've, OpenAI, Josh Edelson, Getty Hsiao, It's, it's Organizations: Google, Service, Gemini, Microsoft Locations: Bard

☆ AI chatbots are getting their wires crossed on the Israel-Hamas war
▼ + stars: | 2023-10-12 | by ( Hasan Chowdhury | Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

AI chatbots may be the most hyped tech of 2023, but maybe don't rely too heavily on them just yet. Google, Microsoft, and OpenAI chatbots are struggling to keep up with the Israel-Hamas war. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In a disclaimer before using Bard, Google notes that "Bard is an experiment" and "will not always get it right." However, it still said "Egypt has brokered a ceasefire between Israel and Hamas" that had yet to be accepted by either side.

Persons: OpenAI, —, Google's Bard, Microsoft's Bing, Bing, Bard, Israel —, Google's chatbot, Google Bard, chatbot, Israel Organizations: Google, Microsoft, Service, Bloomberg, Hamas, Palestinian, Islamic, Microsoft Bing, ChatGPT Locations: Israel, Gaza, Egypt, Bard

☆ OpenAI's 'unreasonable claims' exhaust AI-ethics researchers
▼ + stars: | 2023-10-11 | by ( Monica Melton | ) www.businessinsider.com time to read: +4 min

Ali Alkhatib, an AI-ethics researcher, says large AI systems should not work for everything. Companies make grand claims about what their models can do, but this can cause significant harm. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Researchers are spending more time critiquing artificial-intelligence systems for their grandiose claims and unacknowledged harms. Because inherently, what OpenAI is doing is sort of unreasonable, which is a challenging thing for them to acknowledge or face."

Persons: Ali Alkhatib, —, Alkhatib, They're, OpenAI, ethicists Organizations: Companies, Service, Google, University of San Francisco's Data

☆ Microsoft, Amazon among the companies shaping AI-enabled hiring policy
▼ + stars: | 2023-10-11 | by ( Rachel Curry | ) www.cnbc.com time to read: +7 min

As businesses implement AI in hiring, they must earn and maintain the trust that these processes are working as they should. In partnership with companies including Amazon, Unilever, Koch Industries and Microsoft, the principles address transparency, fairness, non-discrimination, technical robustness, safety, governance and accountability with the use of AI in hiring. Meanwhile, the protocols specify the criteria for third-party AI vendor certification to promote accountability beyond the employer. He cited the potential implications of a video interview, where AI technology could collect data about a candidate's voice, inflection and eye movements. Ultimately, he says communication and consent for reasonable use are two best practices for AI in hiring that employers shouldn't skip.

Persons: Josh Millet, Google's Bard, Eric Reicin, Reicin, Millet, China's iTutorGroup, they're Organizations: Center for Industry, Amazon, Unilever, Koch Industries, Microsoft, BBB, Healthworks, California Supreme, National Bureau of Economic Research, U.S, Commission, Reuters Locations: New York, California

☆ Apple has a stunning stranglehold over Gen Z — and it'll pay off for decades to come
▼ + stars: | 2023-10-11 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Researchers found many teens have the iPhone and the Apple Watch — and also use Apple Pay. Still, Apple Music doesn't lead the way: More teens use Spotfiy, the survey says. The report says 42% of teens were found to have used Apple Pay, the tech company's cash transfer app. And 34% of teen respondents said they own an Apple Watch. An incoming call on on Apple Watch, the most popular watch brand among teenagers.

Persons: Piper Sandler, Spotfiy, —, Gen, Piper, Max —, Hiroshi Lockheimer, Lockheimer, Thomas Haigh, doesn't Organizations: Apple Watch, Apple, Service, Casio, Garmin —, YouTube Music, Amazon Prime, Street Journal

☆ An advanced humanoid robot says it can simulate dreams to help it learn about the world
▼ + stars: | 2023-10-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A humanoid robot known as Ameca says it can simulate dreams to help it become knowledgeable. AdvertisementAdvertisementA humanoid robot said it can "simulate" dreams by conjuring up various scenarios, which helps it learn about the world. AdvertisementAdvertisementFirst revealed publicly in December 2021, the humanoid robot Ameca can also draw, do impressions from movies, and speak multiple languages. Agility Robotics is set to open what it describes as the first humanoid robot factory in Oregon later this year. Last year, NASA signed a partnership with humanoid robot creator Apptronik.

Persons: OpenAI's GPT, Will Jackson, —, Ameca, crouch, Dictador, Mika, Jeff Cardenas Organizations: Service, YouTube, Arts, NASA Locations: Oregon, Rum

☆ US Space Force pauses use of AI tools like ChatGPT over data security risks
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Oct 11 (Reuters) - The U.S. Space Force has paused the use of web-based generative artificial intelligence tools like ChatGPT for its workforce over data security concerns, according to a memo seen by Reuters. It said the temporary ban was "due to data aggregation risks." "This is a temporary measure to protect the data of our service and Guardians," she added. Costa said in the memo that her office had formed a generative AI task force with other Pentagon offices to mull ways to use the technology in a "responsible and strategic manner." More guidance on Space Force's use of generative AI would be released in the next month, she added.

Persons: Dado Ruvic, Lisa Costa, Tanya Downsworth, Costa, Joey Roulette, Jonathan Oatis Organizations: REUTERS, Rights, U.S . Space Force, Reuters, Space Force, force's, Technology, Innovation, Air Force, Bloomberg, USSF, Thomson Locations: mull

The updates include the addition of memory storage to its developer tools for using AI models. The new features are expected to be rolled out at OpenAI’s first-ever developer conference in San Francisco on November 6, sources said. Keeping developers happy has been a major focus for OpenAI, these sources told Reuters. Earlier this year, the company rushed to release ChatGPT plugins, add-on tools that allow developers to create applications within ChatGPT. Earlier this year, Altman admitted to a group of developers in London that plugins have not gained market traction.

Persons: Sam Altman, Elon Musk, Altman, Musk doesn't, OpenAI, Jasper, ChatGPT, Lakshya Bakshi, Krystal Hu, Anna Tong, Kenneth Li, Nick Zieminski Organizations: Reuters, Elon, Google, Thomson Locations: OpenAI’s, San Francisco, London

☆ Calls for AI regulations to protect jobs rise in Europe after ChatGPT's arrival
▼ + stars: | 2023-10-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI's ChatGPT and Google's Bard. Last year, 58% of people responded to IE University's study saying they think that AI should be regulated. Standing out from the rest of Europe, Estonia is the only country where this view decreased — by 23% — from last year. Generally, though, the majority of people in Europe are favorable of governments regulating AI to stem the risk of job losses. It comes as governments around the world are working on regulation for AI algorithms.

Persons: Google's Bard, Lionel Bonaventure, Ikhlaq Sidhu, Sidhu Organizations: Microsoft, Getty, IE University, IE, SciTech, IE University's, European Union Locations: Europe, Estonia

☆ eBay's first chief AI officer is building AI tools to change how people shop online, saying the AI 'paradigm shift' will happen in three phases
▼ + stars: | 2023-10-10 | by ( Madeline Stone | ) www.businessinsider.com time to read: +6 min

E-commerce companies eBay and Shopify are both building tools that enable online sellers to use AI. eBay chief AI officer Nitzan Mekel-Bobrov said he sees AI bringing a "paradigm shift" to e-commerce. AdvertisementAdvertisementNitzan Mekel-Bobrov joined eBay as the company's first chief AI officer in 2021. Internally, eBay is also developing AI tools that are aimed at improving productivity and creativity for its engineers, analysts, and content creators. Jaffer told Insider that business owners often have specific needs that aren't easily solved by the AI tools that are widely accessible today.

Persons: Nitzan, Bobrov, —, We've, Miqdad, Jaffer, Shopify, They've Organizations: eBay, Service, Canadian, eBay's, Harvard Business School Locations: Shopify

☆ 'Overhyped' generative AI will get a 'cold shower' in 2024, analysts predict
▼ + stars: | 2023-10-10 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The main forecast CCS Insight has for 2024 is that generative AI "gets a cold shower in 2024" as the reality of the cost, risk and complexity involved "replaces the hype" surrounding the technology. "But the hype around generative AI in 2023 has just been so immense, that we think it's overhyped, and there's lots of obstacles that need to get through to bring it to market." Companies have to acquire high-powered chips to run AI applications. In the case of generative AI, it's often advanced graphics processing units, or GPUs, designed by U.S. semiconductor giant Nvidia that large companies and small developers alike turn to to run their AI workloads. "Just the cost of deploying and sustaining generative AI is immense," Wood told CNBC.

Persons: Ben Wood, Wood, Google Bard, Anthropic's Claude, it's Organizations: Artificial Intelligence, CCS Insight, Google, Qualcomm, Meta, CNBC, Companies, Nvidia, Amazon Locations: Shanghai, U.S

☆ Only 2 in 5 teens are using ChatGPT, survey finds
▼ + stars: | 2023-10-10 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

40% of teenagers have used ChatGPT in the last six months, according to a Piper Sandler report. ChatGPT saw its traffic decline three months in a row until August, with summer break a possible cause. AdvertisementAdvertisementJust two in five teenagers have used ChatGPT in the last six months, according to a survey from Piper Sandler. On ChatGPT usage, it also pointed out a gender imbalance: 68% of the teens who have used OpenAI's chatbot are male. It found then that only 24% of the teens surveyed had used ChatGPT, of which almost three-quarters were male.

Persons: Piper Sandler, ChatGPT, —, Piper Sandler's, Similarweb Organizations: Service Locations: Northwestern

☆ Generative AI needs tools to avoid copyright infringement, Databricks' Naveen Rao says — or more companies could meet Napster's fate
▼ + stars: | 2023-10-10 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +4 min

Naveen Rao is VP of Generative AI at Databricks and co-founder of LLM-training platform MosaicML. Rao says copyright infringement could prevent companies from successfully monetizing AI. Rao, who oversees generative AI strategy for Databricks after it bought his startup MosaicML for $1.3 billion, likens it to the issue that crushed Napster, the 2000s-era music-sharing platform. "We build tools that enable companies to differentiate their AI from everyone else's and leverage their data uniquely," Rao told Insider. The more people building generative AI technology the better, Rao says.

Persons: Naveen Rao, Rao, —, ChatGPT, Jodi Picoult, George R.R, Martin, OpenAI, he's Organizations: Service, Napster, Apple, iTunes, Thrones, Metallica, Qualcomm, Intel

☆ The race is on for tech's 'golden goose' — the iPhone of the AI era
▼ + stars: | 2023-10-08 | by ( Aaron Mok | ) www.businessinsider.com time to read: +9 min

Some tech leaders see the gadgets as the iPhone of the AI era, a way to own the hardware we use to interact with AI. A true iPhone successor could be tech's "golden goose," but past attempts have failed. The race is on as generative AI tools like ChatGPT, OpenAI's conversational AI chatbot, take the world by storm. Even though he said AI hardware innovations represent "the golden goose for tech players in the next decade along with software," he doesn't think all of them will be successful. AdvertisementAdvertisementYet, despite AI's impressive capabilities, Haigh said that smartphones may still be easier to use for the average consumer than AI devices, which means that AI personal devices may take awhile to gain public interest.

Persons: —, Mark Zuckerberg, Meta's Ray, Zuckerberg, Victor Virgile, Imran Chaudhri, @ImranChaudhri, knEBVdC7zl, 3vvbPVAFsS, Chaudhri, Jony, Sam Altman, Masayoshi Son, Altman, Marc Benioff, Brad Stone, Jeff Bezos, Dan Ives, Nadella, Cook, Ives, Thomas Haigh, Haigh, Siri Organizations: Service, Tech, Meta, Facebook, Apple, TED, Wedbush Securities, Big Tech, University of Wisconsin, Modern Computing, Google Locations: Milwaukee

☆ Men are getting rich from AI. Women, not so much.
▼ + stars: | 2023-10-07 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

New research finds that female-led AI companies are missing out on the global rush to invest in AI. AI startups founded by women in the UK raised six times less than those founded by men in the past decade. This occurs even as the number of female-founded AI companies that are launching, rises. "One of our biggest priorities is ensuring AI models are fair and unbiased," she said. "While AI is heavily male-dominated and we still see a big gender disparity at AI events in San Francisco, we're hopeful this will change as more women become involved in AI companies.

Persons: —, Alan Turing Institute's, it's, Erin Young, Rebecca Gorman, they've, OpenAI's DALL, Angela Hoover, Andi, Dr Young Organizations: Service, Data Science, Turing Institute, Funds, Amazon Locations: California, San Francisco

☆ Snapchat's AI chatbot may pose privacy risk to children, says UK watchdog
▼ + stars: | 2023-10-06 | by ( Sachin Ravikumar | Thomson Reuters | Sachin Ravikumar Is A Correspondent For Reuters In London Covering General News Across The Uk. Over Nine Years At Reuters | ) www.reuters.com time to read: +2 min

The Information Commissioner's Office (ICO) said if the U.S. company fails to adequately address the regulator's concerns, "My AI", launched in April, could be banned in the UK. "The provisional findings of our investigation suggest a worrying failure by Snap to adequately identify and assess the privacy risks to children and other users before launching 'My AI'", Information Commissioner John Edwards said. "My AI went through a robust legal and privacy review process before being made publicly available," a Snap spokesperson said. The ICO is investigating how "My AI" processes the personal data of Snapchat's roughly 21 million UK users, including children aged 13-17. Social media platforms, including Snapchat, require users to be 13 or over, but have had mixed success in keeping children off their platforms.

Persons: Lucas Jackson, John Edwards, OpenAI's ChatGPT, Snapchat, Farouq Suleiman, Sachin Ravikumar, William James, Sarah Young, Louise Heavens Organizations: Inc, New York Stock Exchange, REUTERS, Commissioner's, ICO, Reuters, Thomson Locations: New York City , New York, U.S

☆ Meta's Responsible AI team shrinks amid layoffs and restructuring, even as the company goes all-in on AI
▼ + stars: | 2023-10-06 | by ( Kali Hays | ) www.businessinsider.com time to read: +6 min

Meta in 2020 officially formed the Responsible AI (RAI) team with about 30 members of staff. Over the last year, the group's numbers have dwindled, according to five people familiar with the company and its AI work. A shrinking of the RAI team comes at a time when AI has become a global phenomenon . The Responsible AI team was restructuredJerome Pesenti, who was vice president of Meta's AI group, including the RAI team, left last summer and founded his own AI company Sizzle AI. Compliance is important work as RAI workers try to keep Meta's AI work in line with upcoming rules and regulations .

Persons: it's, Mark Zuckerberg's, Meta, Zuckerberg, They're, Jerome Pesenti, Mike Schroepfer, Andrew, Boz, Bosworth, Pesenti, Esteban Arcaute, Kali Hays Organizations: Meta, RAI, Facebook, Social, Twitter Locations: khays@insider.com, @hayskali

CEO Sam Altman has made the acquisition of more AI chips a top priority for the company. Meta's (META.O) custom chip effort has been beset with issues, leading the company to scrap some of its AI chips, according to a Reuters report. OpenAI's main backer, Microsoft (MSFT.O), is also developing a custom AI chip that OpenAI is testing, The Information has reported. Demand for specialized AI chips has soared since the launch of ChatGPT last year. Nvidia is one of the few chipmakers that produces useful AI chips and dominates the market.

Persons: Dado Ruvic, OpenAI, Sam Altman, Altman, Bernstein, Stacy Rasgon, Anna Tong, Stephen Nellis, Max A, Kenneth Li, Stephen Coates 私 Organizations: REUTERS, FRANCISCO, Reuters, Nvidia, Microsoft, Google, Amazon.com, Annapurna Labs, Devices Locations: WASHINGTON, San Francisco

☆ ChatGPT-owner OpenAI is exploring making its own AI chips
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: +4 min

However, since at least last year it discussed various options to solve the shortage of expensive AI chips that OpenAI relies on, according to people familiar with the matter. Meta 's custom chip effort has been beset with issues, leading the company to scrap some of its AI chips, according to a Reuters report. OpenAI's main backer, Microsoft, is also developing a custom AI chip that OpenAI is testing, The Information has reported. Demand for specialized AI chips has soared since the launch of ChatGPT last year. Nvidia is one of the few chipmakers that produces useful AI chips and dominates the market.

Persons: Sam Altman, Altman, OpenAI, Bernstein, Stacy Rasgon, Meta Organizations: Reuters, Nvidia, OpenAI, Microsoft, Amazon.com, Annapurna Labs, Devices

☆ Snap AI chatbot investigation in UK over teen privacy concerns
▼ + stars: | 2023-10-06 | by ( Jake Piazza | In Jakepiazza | ) www.cnbc.com time to read: +2 min

Snap is under investigation in the U.K. over privacy risks associated with the company's generative artificial intelligence chatbot. If the ICO's provisional findings result in an enforcement notice, Snap may have to stop offering the AI chatbot to U.K. users until it fixes the privacy concerns. The AI chatbot, which runs on OpenAI's ChatGPT, has features that alert parents if their children have been using the chatbot. Other forms of generative AI have also faced criticism as recently as this week. Bing's image-creating generative AI has been used by extremist messaging board 4chan to create racist images, 404 reported.

Persons: John Edwards, chatbot Organizations: Commissioner's, ICO, CNBC, Washington Post

☆ OpenAI is exploring making its own chips as AI companies scramble to overcome the global processor shortage, report says
▼ + stars: | 2023-10-06 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

OpenAI is exploring plans to build its own AI chips to power ChatGPT, according to Reuters. The startup is battling a global shortage of processors that are vital for training its AI models. It's more evidence of a rift between OpenAI and Microsoft, which is reportedly building its own AI. OpenAI is exploring plans to build its own AI chips as it faces a shortage of the previous technology behind the AI revolution. The company has provided OpenAI with the enormous computing power needed to train its AI models.

Persons: — Organizations: Reuters, Microsoft, Service, Meta, Nvidia Locations: OpenAI

☆ We weren't prepared for how big ChatGPT would be, says OpenAI CTO
▼ + stars: | 2023-10-06 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Mira Murati said that OpenAI was not expecting ChatGPT to be as popular as it was when it launched. The AI chatbot reached 100 million users after just two months and sparked a global AI arms race. Murati warned the rush to roll out new AI products could create a "race to the bottom on safety." AdvertisementAdvertisement"I think competition is good because it can push advancement and progress," she told Fortune. "I don't think competition is bad, per se.

Persons: Mira Murati, OpenAI, chatbot, Murati, —, Fortune, that's, OpenAI's, Bard, ChatGPT Organizations: Service, Google

☆ ChatGPT will 'help us with extremely hard problems' in the future, says OpenAI's chief tech officer
▼ + stars: | 2023-10-04 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Mira Murati wasn't always sure OpenAI's generative chatbot ChatGPT was going to be the sensation it has become. "In 2019, we had GPT3, and there was the first time that we had AI systems that kind of showed some sense of language understanding. And if you really think about it, that hasn't really been revolutionized in decades." Murati envisions users being able to talk with ChatGPT the same way they might chat with a friend or a colleague. "And so that's really where we're going — towards these systems that will eventually be able to help us with extremely hard problems.

Persons: Mira Murati wasn't, Atlantic Festival, Murati, You'll, Jony Ives, OpenAI, we're, ChatGPT Organizations: Atlantic, Apple

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