EU Lawmakers Struggle to Finalise Law to Regulate ChatGPT and Generative AI

As recently as February, generative AI did not feature prominently in EU lawmakers’ plans for regulating generative artificial intelligence (AI) technologies such as ChatGPT. The bloc’s 108-page proposal for the AI Act, published two years earlier, included only one mention of the word “chatbot.” References to AI-generated content largely referred to deepfakes: images or audio … Read more

Alphabet CEO Sundar Pichai Reaps $226 Million Compensation in 2022 Amid Layoffs

Alphabet Chief Executive Sundar Pichai received total compensation of about $226 million (roughly Rs. 1,850 crore) in 2022, more than 800 times the median employee’s pay, the company said in a securities filing on Friday. Pichai’s compensation included stock awards of about $218 million (roughly Rs. 1,800 crore), the filing showed. The pay disparity comes … Read more

Baidu Unveils New Capabilities for AI-Powered Ernie Chatbot in Closed-Door Meeting

Chinese search engine Baidu on Monday shared pre-recorded videos of its AI-powered chatbot Ernie summarising financial statements and producing powerpoint presentations, among other industry-focused capabilities. According to images shared by a Baidu spokesperson in a media-facing group on WeChat, China’s most widely used messaging service, the Chinese chatbot has a wider range of skills than … Read more

Alphabet-Backed Anthropic Releases OpenAI Rival Named Claude

Anthropic, an artificial intelligence company backed by Alphabet, on Tuesday released a large language model that competes directly with offerings from Microsoft-backed OpenAI, the creator of ChatGPT. Large language models are algorithms that are taught to generate text by feeding them human-written training text. In recent years, researchers have obtained much more human-like results with … Read more

ChatGPT-Style AI Search Engines Could Cost Google, Microsoft Billions in Computing Cost

As Alphabet looks past a chatbot flub that helped erase $100 billion (roughly Rs. 8,29,000 crore) from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting … Read more