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Glowimages | Getty ImagesYou may have never heard of National Public Data, yet your personal information may have been compromised in the company's recent massive data breach. National Public Data did not return a request for comment by press time. Can you be affected even if you've never heard of National Public Data? Sites like National Public Data may allow for individuals to opt out of being included in their data collections. Additionally, identity theft monitoring tools will let you know if someone tries to open an account using your personal information.
Persons: James E, Lee, it's, you've, Cliff Steinhauer, Steinhauer, Organizations: Public Data, Jerico Pictures Inc, National, Theft Resource, Finance, Social Security, National Public, Public, National Cybersecurity Alliance, Social Locations: Maine, U.S
Sakorn Sukkasemsakorn | Istock | Getty ImagesAbout 2.9 billion people may have had their personal information hacked, a new proposed class-action lawsuit alleges. If true, reports suggest all Americans may have had valuable personal information compromised — including full names, current and past addresses, Social Security numbers and information on parents, siblings and other relatives. In 2013, a Yahoo data breach may have hit all the company's accounts, or a total of 3 billion people. "Freezing your credit is the single most important thing you can do when you get a data breach notice," Lee said. While freezing your credit will limit access to your credit reports, it won't block it completely.
Persons: Sakorn, Cliff Steinhauer, James E, Lee, Steinhauer, I'd, haven't, We've, it's, It's Organizations: Istock, Public Data, Jerico Pictures Inc, Jerico, CNBC, National Cybersecurity Alliance, Theft Resource, Social Security, Finance Locations: U.S
OpenAI CEO Sam Altman has argued that AI models should eventually produce synthetic data good enough to train themselves effectively. As the well of usable human-generated data dries up, more companies look into using synthetic data. Rather than being pulled from the real world, synthetic data is generated by AI systems that have been trained on real-world data. Synthetic data may help offer some effective "countertuning" to the biases produced by real-world data, too. 'Habsburg AI'While the AI industry found some advantages in synthetic data, it faces serious issues it can't afford to ignore, such as fears synthetic data can wreck AI models.
Persons: , that's, Sam Altman, Gary Marcus, It's, Nathan Lambert, Gretel, SynthLabs, Meta, Timnit Gebru, Margaret Mitchell, LLMs, Sadowski, Alexandr Wang, AlphaGeometry, Marcus Organizations: Service, Google, Business, Oxford, Gartner, New York University, Allen Institute, AI, Nvidia, Meta's, Anadolu, Getty, Rush, Microsoft, Monash University Locations: Cambridge, Habsburg
Finance, health care and other regulated industries should consider their specific needs and tailor their defenses with military-grade components, he added. The implementation of military-grade cybersecurity is not without challenges. In 2024, regulated industries have witnessed a significant increase in both the number and cost of data breaches. Frederic Rivain, chief technology officer of Dashlane, holds a contrarian view on the need for military-grade defenses. "Multifactor authentication is important, and you must have it, but you still need to have multiple layers," Two Bears said.
Persons: CrowdStrike, Javad Abed, Abed, shouldn't, Cole, Didi, National Intelligence Avril Haines, Gen, Gary Orenstein, Orenstein, doesn't, Frederic Rivain, Rivain Organizations: Johns Hopkins Carey Business School, Delta Air Lines, Finance, IBM, Ponemon Institute, Bears, Amazon, Data, Verizon, National Intelligence, Employees Locations: ThinkGard, U.S, China, America
CNN —The Breakthrough is a project from CNN, Georgetown University, the University of Michigan, SSRS and Verasight. Each week, 1,000 Americans are asked to share what they have seen, read or heard about major presidential candidates in their own words. Results from the two surveys are combined using SSRS’s Encipher Hybrid methodology for blending probability and non-probability samples. Respondents have also been asked the same question about Biden since the start of the project. To develop topics, topic words are manually identified and augmented with words and topics identified using a combination of Noiseless Latent Dirichlet Allocation (NLDA) and Guided Topic-Noise Model (GTM).
Persons: Joe Biden, Donald Trump, Kamala Harris, Robert F, Kennedy, Jr, Harris, Biden, Lisa Singh, Josh Pasek, Michael Traugott, Budak, RoBERTa pretrained, Jennifer Agiesta, Ariel Edwards, Levy, Edward Wu, Dana Elobaid, Le Bao, Yanchen Wang, Mohamed Ahmed, Akilah Evans, Hope Wilson, Cameron McPhee, Peter K, Enns, Gretchen Streett, Amelia Goranson, Jake Rothschild Organizations: CNN, Georgetown University, University of Michigan, Massive Data, Technical, Science Locations: Verasight
Senate prepares for key vote on kid's online safety bills
  + stars: | 2024-07-25 | by ( Emily Wilkins | ) www.cnbc.com   time to read: +3 min
The Senate is poised to take a key vote on major legislation to keep kids safe online Thursday- the most sweeping regulation of the tech industry in more than a decade. said the measures social media companies have put in place are "not sufficient." One, known as the Children and Teens' Online Privacy Protection Act, would ban targeted ads to kids and teens. Social media companies would have to automatically enable the strongest privacy setting for kids. But House Speaker Mike Johnson said in an interview that Americans need to have more power over what their kids see online.
Persons: Charles Schumer, Joe Biden, Sen, Edward Markey, they're, NetChoice, Carl Szabo, Mike Johnson Organizations: U.S, Capitol, Senate, CNBC, FTC, Social, Snap Inc, Microsoft, Meta, Google, Yahoo
Sridhar Ramaswamy, CEO of Snowflake and formerly co-founder and CEO of startup Neeva, speaks at the Collision conference in Toronto on June 21, 2022. Snowflake has spent the past seven weeks dealing with the fallout of a major cyberattack that compromised sensitive customer data at several of its clients. The data includes phone numbers, aggregate call duration and some cell site details, AT&T said in the filing. It is the most severe incident since Snowflake disclosed the breach on May 30, writing in a blog post at the time, "We became aware of potentially unauthorized access to certain customer accounts on May 23, 2024." Mandiant blamed the hack on a financially motivated group it calls UNC5537, with members in North America and Turkey.
Persons: Sridhar Ramaswamy, Snowflake, Mandiant, UNC5537 Organizations: Telecommunications, AT, CNBC, Nasdaq, LendingTree, Ticketmaster, Santander Bank Locations: Toronto, Snowflake, North America, Turkey, Santander
CNN —The call and text message records of tens of millions of AT&T cellphone customers in mid-to-late 2022 were exposed in a massive data breach, the telecom company revealed Friday. The records of a “very small number” of customers on January 2, 2023 were also implicated, AT&T said. The breach also included AT&T landline customers who interacted with those cell numbers. Additionally, AT&T said that for an undisclosed subset of its records, one or more cell site identification numbers linked to the calls and texts were also exposed. In the new incident, AT&T told CNN it learned in April that customer data was illegally downloaded from its workspace on Snowflake, a third-party cloud platform.
Persons: , , Alex Byers Organizations: CNN, US Department of Justice Department Locations:
The artificial intelligence boom is straining America's power grid. All three trends have sparked ongoing concerns about the power-hungry nature of new technologies as they push America's shaky power grid to the limit. And with hundreds of millions of users already interacting with AI tools like ChatGPT, the power demand for AI technologies is only set to rise. Bank of America put into perspective the challenges faced by the power grid as it grapples with surging demand from AI data centers. AdvertisementSome eye-opening stats about the US power grid cited by Bank of America include:"The US grid produces 1,250 gigawatts (GW) of electricity from 9,200 generating units.
Persons: Baird, Ted Mortonson, , Mortonson, Goldman Sachs Organizations: Service, Bank of America, Oracle, Wall Street Journal, Constellation Energy, Xcel Energy, NextEra, Southern Co Locations: Michigan, Pennsylvania, East, NextEra Energy
Instead, they're calling for companies to train their models on synthetic data. Synthetic data is artificially generated rather than collected from the real world. AdvertisementBusiness Insider chatted with Ali Golshan, CEO and cofounder of Gretel, who one might call an evangelist for synthetic data. Why is synthetic data better than raw public data? AdvertisementUltimately, the other part of it is that synthetic data is very good at privacy if you have enough data.
Persons: , Ali Golshan, Gretel, Young, There's Organizations: Service, Companies, Meta, Google, Business, Ernst, Riot, Federal Trade Commission
Hardware is Wall Street's new favorite bet
  + stars: | 2024-06-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the Apple-Google partnership that shows why hardware has become Wall Street's new favorite bet . The big storyHardware is hotGetty Images; Chelsea Jia Feng/BISoftware may still eat the world, but only with the help of some serious hardware. But generative AI has put a considerable spotlight on a less sexy part of tech: hardware. That's playing out in the stock market, where hardware tech stocks have outperformed software tech stocks by 30 percentage points this year , writes BI's Matthew Fox.
Persons: , Chelsea Jia Feng, Marc Andreessen's, Hugh Langley, That's, BI's Matthew Fox, it's, Steve Schwarzman, Jon Gray, Brian Ach, Tyler Le, Andy Sieg, Merrill Wealth, Dan Sundheim, Chris Tuite, Trump, Elon Musk, hasn't, Jimmy Simpson, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Elon, Apple, Business, Apple Intelligence, OpenAI, Google, Microsoft, Amazon, Oracle, Street, Nvidia, Broadcom, Blackstone, Merrill, D1 Capital, YouTube, Netflix, BI, Cannes Lions, advertising's Locations: That's, New York, London
Read previewThe Meta AI chatbot is more willing to share what data it was trained on than Meta is. It expanded Meta AI in April as a chat and image generator function across all its apps, including Instagram and WhatsApp. Meta AI told Business Insider that it was trained on large datasets of transcriptions from YouTube videos. Meta AI initially said its training data included a third-party dataset of 3.7 million transcribed YouTube videos. In responding to further queries about its YouTube training data, Meta AI said its training data included another, larger dataset of transcriptions from 6 million YouTube videos also compiled by a third party.
Persons: , hasn't, Meta, OpenAI, Meta AI's, We'll, Meta's chatbot, Google's GoogleBot, Kali Hays Organizations: Service, Meta, Facebook, Business, TED, YouTube, NBC News, CNN, Financial Times, US Locations: khays@businessinsider.com
According to the CCP's plan, by 2020, China was supposed to have "achieved iconic advances in AI models and methods, core devices, high-end equipment, and foundational software." Censorship requirements may slow China's AI development and limit the commercialization of domestic models, but they will not stop Beijing from benefiting from AI where it sees fit. We're not seeing a huge gap between the models Chinese companies have been able to roll out. The current price war is a race to the bottom, similar to what we've seen in the Chinese technology space before. A race to the bottom may simply beggar China's AI ecosystem.
Persons: Xi Jinping, China doesn't, there's, Beijing's, Reva Goujon, We're, It's, ChatGPT, Xie Huanchi, couldn't, you'll, , Kenneth DeWoskin, it's, Matt Sheehan, they're, chatbot, Sheehan, Ernie Bot, There's, Alibaba, ByteDance's, Paul Triolo, Albright, we've, haven't, DeWoskin, Sam Altman, Elon Musk Organizations: Chinese Communist Party, CCP, Intelligence, Cyberspace Administration, Getty, Freedom, University of Michigan, Deloitte, CAC, Carnegie Endowment, International Peace, Baidu, Bloomberg, Companies, Brookings Institution, Beijing, The Commerce Department Locations: China, Beijing, China's, Hong Kong, Xinhua, , Washington, Brussels, Berlin, Taiwan, US, Xinjiang
Investor Steve Eisman of "The Big Short" fame expects Apple to capture epic gains from the artificial intelligence boom. "I think Apple is actually the hidden AI play," he told CNBC's " Fast Money " on Tuesday, less than 24 hours before chip giant Nvidia reports its fiscal first-quarter results. "When there will be apps that the consumer can use, they're going to want to use it on their phone," Eisman said. "I have a new iPhone, and I know for sure that when all those apps come on my phone, I'll need a new phone, and I'll need a new iPad and I'll need a new laptop." He suggests investors will have to be patient because the AI-driven apps need time to be developed.
Persons: Steve Eisman, CNBC's, Eisman, Neuberger Berman Organizations: Apple, Nvidia, Devices
That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.
Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, , Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld
Apple plans to implement generative AI into its virtual assistant Siri, NYT reported. Apple reportedly wants the AI Siri to be able to chat, summarize texts, and do existing tasks better. The report comes amid fears that Apple is lagging behind competitors when it comes to gen AI. AdvertisementThe report comes amid talk that Apple is playing catchup to competitors on AI, as the company hasn't yet made any generative AI announcements. The iPhone company's CEO, Tim Cook, has teased during earning calls that big news about generative AI products is right around the corner.
Persons: Siri, , Apple, catchup, Tim Cook Organizations: Apple, Service, The New York Times, Times
Trump's hush-money trial is set to heat up
  + stars: | 2024-04-19 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's newsletter, we're looking at the first week of former President Donald Trump's criminal trial and what's at stake. What's on deck:This story is available exclusively to Business Insider subscribers. AdvertisementFormer President Donald Trump's hush-money trial — the first-ever criminal trial of a former president — got underway this week with jury selection . We did get a preview of Trump's potential defense: " Some accountant " handled the paperwork he's on trial for, Trump told reporters. AdvertisementThe trial is focused on 34 felonies alleging the Trump Organization's business records were falsified to hide other crimes.
Persons: , Donald Trump's, CHARLY TRIBALLEAU, Drew Angerer, Tyler Le, Trump, Stormy Daniels, Daniels, Zelei, Loretta Mester, John Williams, Rebecca Zisser, David Lieb, Sundar Pichai, Demis, Google's, BI's Ben Bergman, Eddie Mulholland, Alyssa Powell, Samsung execs, Taylor Swift's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Getty, Trump, Cleveland Fed, York Fed, , Bank of America, Google, Android, Bankers, Jefferies, Investor Conference, Samsung, Korea Economic, Disney, Warner Bros, American Express, Procter, Gamble, Poets Department Locations: Israeli, Iran, Israel, Florida, Korea, New York, London
It called this strategy "The AI trade after the trade" and identified 50 stocks that could fall under this category. It takes massive data centers to train and distribute LLMs for public use. An April 17 note from Bank of America led by Thomas Thornton, the head of research marketing, estimates that data centers under construction will initially increase power usage from these facilities by 50%. For the electrical and thermal equipment needed to run data centers, investors can look to Vertiv (VRT), according to Andrew Obin, a research analyst at Bank of America. As demand for data centers grows, these companies are experiencing increased pricing power, according to research analyst David W. Barden.
Persons: Goldman Sachs, there's, Thomas Thornton, It's, Andrew Obin, Michael Feniger, David W, Barden Organizations: Nvidia, AMD, Microsoft, Google, Business, Bank of America, Caterpillar
Eaton and DuPont are both unconventional AI plays, as the data center market grows to meet the demands of the generative AI boom. Wells Fargo Investment Institute last month described rising data center demand as having positive "trickle-down effects" on the industrial sector. WFII wrote that spending from Big Tech firms into data centers, in particular, creates "meaningful downstream impacts" for industrial companies. Amazon Web Services is reportedly investing nearly $150 billion in data centers within the next 15 years to support AI efforts. During a Barclays investor conference in February, CFO Lori Koch said DuPont's data center and AI exposure will help boost the company's electronics business.
Persons: Eaton, Jensen Huang, Huang, chipmaker, Sameer Samana, WFII, Jim Cramer, Eaton's, DuPont, Lori Koch, Koch, Jim Cramer's Organizations: The, DuPont, Club, Nvidia, Wells, Wells Fargo Investment Institute, CNBC, Big Tech, , Microsoft, Services, McKinsey, workloads, Electrical, Management, Barclays, Wall Street, RBC Capital Markets, Eaton, RBC, U.S, De Nemours, DuPont's Electronics, Semiconductor Technologies, DuPont's Semiconductor Technologies, Jim Cramer's Charitable Locations: Wells Fargo, U.S, Eaton, China
AT&T reset passcodes after a massive customer data leak surfaced on the dark web. The data included names, email addresses, Social Security numbers, and other personal information. AdvertisementAT&T is reaching out to millions of customers after their personal information — including Social Security numbers — surfaced on the dark web. AT&T reset passwords on millions of customer accounts after Techcrunch notified the company on Monday that a massive customer data leak posted to the dark web included passcodes, the outlet reported. The massive data dump, which surfaced this month, appears to be user information from 2019, the company said in a statement.
Persons: Organizations: Service, Business
The way technology companies scrape and use copyrighted material to train generative AI tools could be in for a significant change. It has also been weighing for months possible changes to US Copyright laws and rules, which make no specific mention of generative AI or related use cases. President Joe Biden's administration has become more outspoken on generative AI. Although generative AI has been around for years, the explosive popularity of OpenAI's ChatGPT tool launched in late 2022 led to a greater public understanding of how generative AI models are developed through mass scraping every bit of data on the web. Warring interests and goals have opened up a growing fight between content creators and tech companies building generative AI.
Persons: Joe Biden's, Ben Buchanan, it's, Andreessen Horowitz, Kali Hays Organizations: Service, US, Meta, The New York Times Locations: khays@insider.com
Two of the tech industry's biggest AI champions are backing Rep. Abigail Spanberger's run for governor of Virginia in 2025, campaign finance records show. Hoffman donated $250,000 on November 30, and Scott donated $125,000 on December 22. The donations, representing a total of $500,000 are the three largest individual contributions on record for Spanberger's campaign, which ended 2023 with over $3.6 million in funds received. Aside from their personal connections to the state, Virginia is home to the largest concentration of data centers in the world. Hoffman has previously donated over $300,000 to WinVirginia, a PAC that supports Democratic candidates in the state.
Persons: Abigail Spanberger's, Reid Hoffman, Kevin Scott, Hoffman, Scott, Shannon Hunt, Hunt, Prince William County, they're, Spanberger, Glenn Youngkin, Ohio US Sen, JD Vance, Joe Biden's, Nikki Haley, Ellen Thomas Organizations: Microsoft, Business, Democratic, Spanberger, University of Virginia, Culpeper ., CIA, Virginia Gov, Republican, LinkedIn, Ohio US, Trump Republicans, South Carolina Gov, PAC Locations: Virginia, Greylock, Prince William, Spotsylvania, Culpeper, Richmond, San Francisco Bay, Rural America, Silicon, Hampshire
Which means there are more than 30,000 different sets of zoning rules in America. AdvertisementFor the first time, a team of researchers is compiling every city's zoning rules into a National Zoning Atlas. Cities and towns in both states, they could see, penalize or outright prohibit duplexes and other forms of housing that bring down prices and help prevent urban sprawl. Enacting a more permissive set of zoning rules gave everyone something they wanted. "The state of California has been passing zoning change after zoning change," Freemark says, "but it's still facing low housing construction statewide."
Persons: you've, nix, we'll, Sara Bronin, It's, Bronin, we'd, Kendall Cotton, Lefty, Cotton, Montana, Yonah Freemark, Freemark, Italo, Marco Polo, Kublai Khan, Polo Organizations: America, Zoning, Cornell University, Big Sky, California ., Urban Institute Locations: America, we're, Milford , Connecticut, Montana, California, California . Cities, Los Angeles, Missoula, LA
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. And it's embarking on a hunt for AI talent as it seeks to catch up with rivals like Google and Microsoft. They also suggest that Apple is ramping up its search for AI talent, advertising AI-focused jobs across several areas, including health , on-device AI , and building " foundation models," which are baseline AI models like GPT-4. Apple did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Siri, Morgan Stanley, Apple, Tim Cook, ChatGPT Organizations: Service, Business, Financial Times, Google, Microsoft, Apple, Apple's Worldwide, Conference, Apple Watch, Bloomberg Locations: PitchBook
New York CNN —More than a thousand images of child sexual abuse material were found in a massive public dataset used to train popular AI image-generating models, Stanford Internet Observatory researchers said in a study published earlier this week. The presence of these images in the training data may make it easier for AI models to create new and realistic AI-generated images of child abuse content, or “deepfake” images of children being exploited. The massive dataset that the Stanford researchers examined, known as LAION 5B, contains billions of images that have been scraped from the internet, including from social media and adult entertainment websites. Of the more than five billion images in the dataset, the Stanford researchers said they identified at least 1,008 instances of child sexual abuse material. “Stability AI models were trained on a filtered subset of that dataset.
Persons: ” LAION Organizations: New, New York CNN, Stanford Internet, Stanford, Internet Watch, National Center for, Canadian Centre for Child, CNN, Stability Locations: New York, London
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