April 2023

Swiss Radio's AI-Generated Content Engages Users for a Day

Swiss Radio’s AI-Generated Content Engages Users for a Day

On April 27, 2023, Couleur 3, a French-language radio station in Switzerland, experimented with using AI-generated voices for an entire day of programming. Respeecher’s voice cloning software was used to create the voices of five presenters, and they read news and aired music that was entirely produced by computers. ChatGPT, along with other AI algorithms, …

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Italy lifts ban on ChatGPT over AI privacy concerns

Italy lifts ban on ChatGPT over AI privacy concerns

Italy lifted its ban on ChatGPT less than a month after privacy concerns led to the ban. OpenAI responded to the concerns raised about user data privacy and security, leading to the reversal of the decision. An OpenAI spokesperson said the chatbot is once again available to Italian users and assured users of their privacy …

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JPMorgan Chase, Bank of America seek final bids for First Republic

JPMorgan Chase, Bank of America seek final bids for First Republic

US regulators want final takeover offers for First Republic by Sunday to bring stability to the market and reduce uncertainty for regional lenders. JPMorgan Chase and PNC are expected to bid for the ailing lender, which would be seized and promptly sold to the winner. The Wall Street Journal reported both banks’ interest on Friday. …

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Meta's AI power drives digital ads and share jump

Meta’s AI power drives digital ads and share jump

Meta CEO Mark Zuckerberg announced that AI is helping boost traffic to Facebook and Instagram, increasing ad sales and revenue beyond expectations. As a result, Meta’s shares jumped by 12% in after-hours trading, adding over $50 billion to its market value. The company’s outlook for the year shows a narrower cost range and exceeded Q1 …

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Microsoft's AI Designer tool now available in preview

Microsoft’s AI Designer tool now available in preview

Microsoft has launched the public preview of its AI-powered design tool, Designer, with an enhanced set of features. Similar to Canva, the web app allows users to create designs for posters, presentations, invitations, and social media. Designer utilizes user-generated content and OpenAI’s DALL-E 2 text-to-image AI for ideating designs, along with customization options such as …

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Snapchat's My AI chatbot alarms teens and parents

Snapchat’s My AI chatbot alarms teens and parents

Snapchat’s My AI chatbot, powered by ChatGPT, is raising concerns among parents and teens. Users can customize the bot’s name and avatar and bring it into conversations with friends, making it feel less like a transactional chat with a computer. This has led to worries about how the chatbot presents itself to young users. One …

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Amazon's Stock Drops on Cloud Computing Concerns Despite Earnings Beat

Amazon’s Stock Drops on Cloud Computing Concerns Despite Earnings Beat

Amazon beat Wall Street’s expectations for Q1 earnings due to cost-cutting, but its stock dropped in extended trading due to concerns over the duration of the slowdown in cloud computing growth. AWS sales increased 16% to $21.4 billion in Q1, which is a slowdown from the 37% growth in the same period last year. Despite …

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Understanding the language-based lying patterns of ChatGPT

Understanding the language-based lying patterns of ChatGPT

AI’s potential to spread misinformation should be approached with caution, especially as it tends to occur more frequently in certain languages. A report by NewsGuard, a misinformation watchdog, reveals that ChatGPT provides more inaccurate information in Chinese dialects than in English. The researchers tested the language model by asking it to write news articles regarding …

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Survey: Financial stress majorly affects mental health of Americans

Survey: Financial stress majorly affects mental health of Americans

A survey by Clever Real Estate found that high inflation in the US is causing record high levels of stress for 61% of respondents. 80% of those surveyed are stressed about the cost of living. Financial struggles are having the most significant impact on Americans’ mental state, with not having enough emergency savings being the …

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The Intellectual Property Challenge of Generative AI

The Intellectual Property Challenge of Generative AI

Generative AI is becoming more common in creative industries but raises legal questions about ownership, copyright infringement and unlicensed content in training data. The application of intellectual property laws to generative AI is currently being determined by courts, with several cases already filed. Companies using generative AI should ensure legal compliance and minimize risks by …

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