PYMNTS-MonitorEdge-May-2024

OpenAI

OpenAI Sued by Authors for Copyright Infringement
OpenAI Sued by Authors for Copyright Infringement
September 11, 2023  |  artificial intelligence

A group of authors has reportedly filed a lawsuit against OpenAI, accusing the Microsoft-backed program of misusing their writing for training its popular artificial intelligence (AI)-powered...

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Tech Companies Point to Self-Regulatory Strategies Before Senate AI Hearings 
Tech Companies Point to Self-Regulatory Strategies Before Senate AI Hearings 
September 11, 2023  |  Regulation

U.S. lawmakers are hitting the ground running on creating an artificial intelligence (AI) policy.  Big Tech companies are rushing to prove that they can get there first...

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Report: Meta Planning AI System to Match OpenAI
Report: Meta Planning AI System to Match OpenAI
September 11, 2023  |  artificial intelligence

Meta is reportedly working on a new artificial intelligence (AI) system to compete with OpenAI. According to a Sunday (Sept. 10) report by The Wall...

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OpenAI Plans Developer Conference as AI Use Grows
OpenAI Plans Developer Conference as AI Use Grows
September 07, 2023  |  Artificial Intelligence

ChatGPT creator OpenAI said it will host “hundreds” of experts at its first developer conference this fall. The artificial intelligence (AI) company’s “DevDay” is scheduled for Nov. 6...

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Goldman Sachs Highlights Optimism in AI Stocks
Goldman Sachs Highlights Optimism in AI Stocks
September 05, 2023  |  artificial intelligence

Artificial intelligence (AI) is more than just a buzzword. Goldman Sachs Group strategists argue that AI stocks have strong fundamentals and valuations that are not excessive...

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French Watchdog Searches Worldcoin Paris Office
French Watchdog Searches Worldcoin Paris Office
August 31, 2023  |  Cryptocurrency

France’s data regulator, the CNIL, this week carried out “checks” at the Paris office of Worldcoin, a digital identity and cryptocurrency platform co-founded by OpenAI...

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Report: OpenAI Competitor Cohere Seeking Valuation Higher Than $2.2 Billion
Report: OpenAI Competitor Cohere Seeking Valuation Higher Than $2.2 Billion
August 31, 2023  |  artificial intelligence

Artificial intelligence (AI) startup Cohere is reportedly working on a new funding round, two months after completing its previous one. The amount the company is seeking to...

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Report: Reid Hoffman Reduces Role at Greylock Partners to Focus on AI
Report: Reid Hoffman Reduces Role at Greylock Partners to Focus on AI
August 30, 2023  |  artificial intelligence

Venture firm Greylock Partners is reportedly experiencing a transition as Reid Hoffman, a prominent figure in the tech industry, scales back his involvement in new deals. Hoffman, a...

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Report: OpenAI Faces New Complaint Regarding GDPR Compliance
Report: OpenAI Faces New Complaint Regarding GDPR Compliance
August 30, 2023  |  artificial intelligence

OpenAI is reportedly facing a complaint filed with the Polish data protection authority that raises concerns about the company’s compliance with the European Union’s General...

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