PYMNTS-MonitorEdge-May-2024

ChatGPT

ChatGPT Pauses Subscriptions as Surging Demand Surpasses Capacity
ChatGPT Pauses Subscriptions as Surging Demand Surpasses Capacity
November 15, 2023  |  Subscriptions

OpenAI is putting a hold on new signups for its ChatGPT Plus program, due to widespread demand putting a strain on the platform, as tech companies increasingly rely...

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Use of AI in the Legal Industry Faces Challenges
Use of AI in the Legal Industry Faces Challenges
November 14, 2023  |  Artificial Intelligence

The legal industry’s widespread adoption of generative artificial intelligence (AI) will necessarily involve recalibrating workforce roles and skills and reckoning with varying degrees of readiness...

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The Legal Industry Is Ripe for the Adoption of AI
The Legal Industry Is Ripe for the Adoption of AI
November 13, 2023  |  Artificial Intelligence

Historical resistance to change In multiple ways, the legal industry is inherently resistant to disruptive change: It is bound by long-established ethical considerations, the sensitive...

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OpenAI Seeks More Funding for Artificial General Intelligence
OpenAI Seeks More Funding for Artificial General Intelligence
November 13, 2023  |  artificial intelligence

OpenAI hopes its biggest benefactor will back its plans for artificial general intelligence (AGI). Sam Altman, chief executive of the artificial intelligence (AI) firm, told...

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Report: Microsoft Reverses Temporary Block on Employee Access to ChatGPT
Report: Microsoft Reverses Temporary Block on Employee Access to ChatGPT
November 10, 2023  |  artificial intelligence

Microsoft reportedly blocked employee access to ChatGPT, the artificial intelligence (AI)-powered chatbot developed by OpenAI and backed by Microsoft, for about an hour on Thursday (Nov. 9). The decision...

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72% of Lawyers Doubt the Industry Is Ready for Generative AI
72% of Lawyers Doubt the Industry Is Ready for Generative AI
November 10, 2023  |  Artificial Intelligence

At its core, legal work demands meticulous attention to detail, extensive research and nuanced argumentation — intellectually rigorous and time-consuming tasks. The complexity of legal...

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Hackers: OpenAI’s Ties to Israel Led to ChatGPT Attack
Hackers: OpenAI’s Ties to Israel Led to ChatGPT Attack
November 09, 2023  |  Cybersecurity

A hacking group with reported ties to Russia has claimed credit for attacking ChatGPT. The reason? The generative artificial intelligence (AI) tool’s parent company’s support for...

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Amazon Is Building an LLM Twice the Size of OpenAI’s GPT-4
Amazon Is Building an LLM Twice the Size of OpenAI’s GPT-4
November 08, 2023  |  artificial intelligence

Few markets have grown as fast, in as short a time, as artificial intelligence (AI). And as the technology is increasingly deployed across industries ranging...

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ChatGPT Hit With Short but ‘Major’ Outage
ChatGPT Hit With Short but ‘Major’ Outage
November 08, 2023  |  artificial intelligence

OpenAI’s ChatGPT suffered a short, albeit “major,” outage early Wednesday (Nov. 8). The service hiccup began just before 9 a.m. Eastern Time, coming two days after...

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