Samsung's Memory Chip Strategy: Trim Production, Expand Foundry, and Develop Automotive Chips

Samsung Electronics Co. has pledged to continue reducing memory chip production while anticipating a rebound in sales in the second half of the year, driven by the rising demand for Artificial Intelligence (AI). IN SUMMARY: Samsung expects generative AI to drive a “rapid increase in demand” for high-performance memory able to process large amounts of

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Leading AI Language Models Fall Short of Upcoming EU Regulations

In a world increasingly reliant on artificial intelligence (AI), regulatory standards are evolving to ensure the responsible use of such technologies. A recent study by Stanford researchers has revealed that the top ten AI language models might not meet the stringent requirements for safety, transparency, and fairness set by the European Union’s forthcoming AI Act.

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Google Cloud Debuts AI-Powered Anti-Money Laundering Tool

In response to the escalating issue of money laundering, a concern that led to an estimated $2 trillion being laundered last year, Google Cloud has introduced an innovative solution: an AI-powered tool dedicated to helping financial institutions combat this costly and destructive problem. This new tool, called the Anti Money Laundering AI (AML AI) service,

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Opera Browser Incorporates AI-Powered Chatbot 'Aria'

Opera has launched a new version of its web browser called Opera One, which includes an AI-powered assistant called Aria. The assistant is powered by Opera’s Composer AI engine and connects to OpenAI’s GPT model. In an era where Artificial Intelligence (AI) is continuously reshaping the digital landscape, the web browser Opera has announced an

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Adobe Stock Creators Express Dissatisfaction with Firefly, the Company's 'Commercially Safe' AI Tool

A growing number of creators on Adobe Stock are voicing their displeasure with Firefly, Adobe’s AI tool, intended to be a ‘commercially safe’ platform. Adobe, the software giant renowned for its creative and multimedia software solutions, has found itself amidst a wave of criticism for Firefly, which users claim limits their creative freedom and hinders

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ChatGPT Data Breach: Over 100,000 User Details Listed on The Dark Web

In a significant breach of cybersecurity, over 101,100 compromised account credentials of OpenAI’s ChatGPT were identified on illicit dark web marketplaces between June 2022 and May 2023. The global scope of the breach is highlighted by the fact that India alone accounted for 12,632 of these stolen credentials. This year-long series of breaches has raised

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