NewsFeed

April 11, 2025

Irish Regulator Probes UK Fintech Over Data Use

The Irish regulator has launched an investigation into X, a UK-based fintech company, over its use of EU personal data to train its AI model Grok. The probe is being led by the Data Protection Commission and aims to determine whether X's practices comply with EU data protection laws. This move comes as part of growing concerns about the use of personal data in AI development globally.

https://www.livemint.com/companies/news/irish-regulator-investigates-x-over-use-of-eu-personal-data-to-train-grok-ai-11744410012775.html

April 11, 2025

Irish Regulator Probes X Over Data Transparency

The Irish regulator is launching an investigation into tech company X, specifically examining compliance with the EU's GDPR regarding lawful processing of data and adherence to transparency rules.

https://www.politico.eu/article/irish-dpc-launches-investigation-into-xs-use-of-eu-data-to-train-ai/

April 11, 2025

Musk's X Fined €3 Billion by Irish Regulators

Elon Musk, owner of X, has been fined almost €3 billion by the Irish Data Protection Commission (DPC) for violating EU regulations on online content. The fine is a result of the regulator's efforts to restrict X from processing personal data collected from EU users for AI system development without their consent. This decision follows a court case in which X agreed to stop using such data, and marks a significant increase in sanctions against tech companies, including Microsoft's LinkedIn, TikTok, and Meta, who have all faced fines since the regulator gained its powers in 2018.

https://channelnewsasia.com/business/irish-regulator-investigates-x-over-use-eu-personal-data-train-grok-ai-5060216

April 11, 2025

Canada Leverages AI for Energy Innovation

Canada has made significant strides in the field of artificial intelligence (AI) to address its energy needs, according to Eric Schmidt, former Google CEO. Canada's AI capabilities are being leveraged to develop innovative solutions for the country's energy sector, positioning it as a major player in the global AI race.

https://www.livemint.com/technology/tech-news/canada-has-answer-to-energy-needs-in-ai-race-ex-google-ceo-says-11744408609081.html

April 11, 2025

Musk Sues OpenAI Over Betrayal of Nonprofit Roots

OpenAI is suing Elon Musk for unfair competition and interfering with its business relationships, following his previous lawsuit against the company. Musk, an early investor in OpenAI, has been alleging breach of contract and betrayal of the company's founding aims as a nonprofit research laboratory. The case is set to go to trial next year after a federal judge denied Musk's request for a court order blocking OpenAI from converting itself to a for-profit company.

https://www.news18.com/tech/openai-goes-after-elon-musk-for-legal-charges-to-battle-chatgpt-growth-9294562.html

April 11, 2025

OpenAI Staff Resist Elon Musk's Restructuring Plans

Ex-OpenAI staff oppose a proposed overhaul of the company, which is part of Elon Musk's legal fight over the AI startup's future. The staff are concerned about the impact on their jobs and the potential changes to the company's culture. They have expressed opposition to Musk's plans, which could lead to significant restructuring and potentially even layoffs.

https://www.livemint.com/companies/news/exopenai-staff-oppose-startup-overhaul-in-musk-legal-fight-11744406239667.html

April 11, 2025

OpenAI Unveils AI-Powered Cybersecurity Initiative

Cybersecurity expert has detailed the OpenAi initiative, a project focused on developing AI-powered tools to improve cybersecurity. The initiative aims to create more secure and efficient systems for protecting against cyber threats.

https://krcgtv.com/news/nation-world/cybersecurity-expert-details-openai-initiative-trump-oracle-security-tech#

April 11, 2025

US Invests $9.3 Billion in AI Development

The US is investing heavily in AI, with a recent report showing $9.3 billion in investment, nearly 12 times that of China's $9.3 billion. However, concerns are growing among Americans about the impact of AI on jobs and society. A Pew Research Center survey found a significant gap between AI experts and the general public in their perception of AI's benefits. Experts believe AI will have a positive impact, but only 17% of the public shares this view. Problematic AI, such as deepfakes and cyber scams, is underreported and expected to increase. The FDA has authorized over 200 AI-enabled medical devices in 2023, while states are leading the way in regulating AI through over 130 bills passed by the end of 2024.

https://krcgtv.com/news/nation-world/report-takes-wide-ranging-look-at-ai-and-its-absolutely-astonishing-pace-of-development-stanford-institute-for-human-centered-artificial-intelligence-ai-index-report#

April 10, 2025

AI Boom Drives Demand for Fossil Fuel Plants

The International Energy Agency (IEA) says growth in AI-focused data centers is expected to increase demand for coal and gas-powered plants. According to a recent report, this shift is driven by the growing need for power to support the expansion of artificial intelligence technology.

https://news.bloomberglaw.com/artificial-intelligence/ai-data-center-growth-means-more-coal-and-gas-plants-iea-says