Socure, a leading provider of artificial intelligence for digital identity verification, has achieved "Moderate" authorization from the Federal Risk and Authorization Management Program (FedRAMP) for its Socure For Government platform. This milestone enables federal agencies to adopt advanced digital identity verification capabilities to combat identity fraud and improve government efficiency. With FedRAMP approval, Socure's platform can analyze and correlate every facet of an individual's digital identity in real-time, detecting and preventing fraud before it occurs. The platform offers auto-approval for 99% of mainstream populations and 94% for hard-to-identify populations, capturing 99% of third-party identity fraud attacks.
https://www.prnewswire.com/news-releases/socure-earns-moderate-fedramp-authorization-302413185.htmlOpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp., with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter. The funding round could be the largest of all time, valuing OpenAI at $300 billion.
https://news.bloomberglaw.com/artificial-intelligence/openai-close-to-finalizing-its-40-billion-softbank-led-fundingOpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp., with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter.
https://news.bloomberglaw.com/capital-markets/openai-close-to-finalizing-its-40-billion-softbank-led-fundingStartups are predicting job losses in various sectors, including programming, call center operations, translation, and travel agency work, as they adopt AI technology. However, some marketing experts caution against taking these predictions at face value, warning that startups may be downplaying the negative impacts to avoid public backlash. In contrast, others argue that business growth driven by AI will create new job opportunities for humans within those businesses. Some companies, like Aisera, are using AI agents in finance and HR without hiring new staff, but most customers prefer not to let employees go. Experts advocate for greater transparency about the implications of AI on livelihoods to avoid misunderstanding and potential backlash.
https://www.ndtv.com/world-news/artificial-intelligences-impact-on-jobs-techs-touchy-topic-8021063OpenAI's new model may have broken the law due to its training on millions of frames from Studio Ghibli films, raising copyright infringement concerns. Intellectual property lawyer Evan Brown notes that this practice could lead to legal implications. Hayao Miyazaki, a co-founder of Studio Ghibli, was reportedly horrified by AI technology when first introduced.
https://petapixel.com/2025/03/27/people-are-using-chatgpts-new-ai-image-generator-to-turn-photos-into-studio-ghibli-style-images/The US government has frozen $20 million in funding for the Commerce Department's Bureau of Industry and Security, which is responsible for semiconductor export controls. The move was made by the Trump administration, but it has drawn alarm from a group of Democratic senators, including Senator Patty Murray, who warn that it undermines US efforts to stay ahead of China in the AI race.
https://news.bloomberglaw.com/artificial-intelligence/trump-blocks-10-of-chip-curb-agency-funds-drawing-senate-alarmSoftware development teams in the UAE are expected to increasingly use AI agents within two years, with 86% of teams planning to utilize AI code for generation and 70% believing AI agents will be essential as traditional tools. This trend aligns with global developments, where over 90% of developers worldwide are excited about AI's impact on their careers and expect it to improve the developer experience.
https://www.khaleejtimes.com/business/tech/86-of-software-development-teams-in-uae-will-use-ai-agents-within-two-years?utm_source=most-popular-businessThe UK government has allocated £2.2 billion for high-tech equipment, with Defence Secretary John Healey promising that four Royal Navy destroyers will be equipped with new laser technologies by 2027. Chancellor Rachel Reeves pledged to spend at least 10% of the Ministry of Defence's equipment budget on novel technologies like artificial intelligence and drones. However, Tory defence spokesman James Cartlidge questioned the amount, suggesting it was not enough. The funding is part of a broader effort to turn Britain into a 'defence industrial superpower'.
https://www.dailymail.co.uk/news/article-14541143/Rachel-Reeves-UK-defence-superpower.htmlA survey is being conducted that can be completed in 15 minutes, offering participants early access to a comprehensive report on AI's impact on business growth, providing valuable industry benchmarks and insights.
https://martech.zone/wsi-ai-adoption-survey-for-smb/