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Mastercard Uses AI to Combat Real-Time Payment Scams

Mastercard Uses AI to Combat Real-Time Payment Scams

Mastercard has introduced a brand new artificial intelligence (AI)-powered solution with the intention of assisting financial institutions in combating payment fraud and scams in real time, ahead of any potential monetary abuses.

Google Merges Teams to Form Google Deepmind for AI Breakthroughs

Google Merges Teams to Form Google Deepmind for AI Breakthroughs

Google merges its Brain team with DeepMind to create Google DeepMind, a new business unit dedicated to developing AI in a safe and responsible manner. The team aims to accelerate progress in AI breakthroughs and products, with Chief Scientist Jeff Dean leading the development of powerful, multimodal AI models.

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.

Meta Introduces Purple Llama: Enhancing Generative AI Safety and Security

Meta Introduces Purple Llama: Enhancing Generative AI Safety and Security

Meta's Purple Llama project enhances generative AI safety and security through CyberSec Eval and Llama Guard, collaborating with major tech entities for responsible AI development.

Here's Why Harvey's $80M Funding is a Game Changer in Legal AI

Here's Why Harvey's $80M Funding is a Game Changer in Legal AI

Harvey raised $715 million in a $80 million Series B funding round, showcasing its advanced AI-powered workflow optimization technology.

Elon Musk Warns of AI’s Destructive Potential

Elon Musk Warns of AI’s Destructive Potential

Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.

US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development

US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development

The US National Institute of Standards and Technology (NIST) has launched the Artificial Intelligence Safety Institute Consortium to promote safe AI development and responsible use, inviting organizations to collaborate on identifying proven safety techniques by December 4, 2023.

Microsoft and AFL-CIO Forge Partnership to Navigate AI's Impact on the Workforce

Microsoft and AFL-CIO Forge Partnership to Navigate AI's Impact on the Workforce

Microsoft and AFL-CIO's partnership marks a significant step in integrating AI into the workforce, focusing on worker education, labor rights, policy influence, and ensuring AI meets workers' needs.

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

Visa Inc. has announced a $100 million fund to invest in generative AI technologies that are relevant to commerce and payments. The initiative, led by Visa Ventures, aims to foster innovation in the rapidly evolving field of artificial intelligence.

China Plans to Thwart Procedural Violations in the Police Force and Courtrooms with Blockchain

China Plans to Thwart Procedural Violations in the Police Force and Courtrooms with Blockchain

China has laid plans to use a new automated system powered by blockchain and other technologies to propel surveillance of its judges and police officers.

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.

What is Conch AI?

What is Conch AI?

Conch AI is an AI-powered writing assistant offering features like rewriting, summarizing, answering questions, and generating text. It also bypasses AI detection algorithms. Available as a Chrome extension.

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