ChatGPT rival? Tencent launches Hunyuan AI model amid US chip ban
Tencent is adopting a Model-as-a-Service (MaaS) in its latest offering, with Hunyuan providing enterprises with well over 40 solutions in 20 industries.
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Nasdaq AI-powered order type gains SEC approval
Nasdaq introduced the AI-powered order type "Dynamic M-ELO," which was approved by the U.S. Securities and Exchange Commission to enhance trading efficiency, liquidity, and execution quality while addressing AI regulatory concerns.
Meta develops new AI model to rival OpenAI’s ChatGPT
Meta is working on a competitive AI model, set to be open-source, challenging OpenAI's ChatGPT, with enhanced parameters and training data.
Reserve Bank of India urges self-regulatory body for fintech firms
RBI Governor Shaktikanta Das encourages Indian fintech firms to create a self-regulatory organization (SRO) for innovation and consumer protection, aiming to foster trust and reduce regulatory burdens.
Baidu announces 70 new AI models in China amid new regulations
Baidu is launching 70 AI models in response to new Chinese regulations, focusing on generative AI and large language models.
Google commits $20M to responsible AI initiatives
Google's Digital Futures Project allocates $20 million to support responsible AI research and policy solutions, partnering with universities and think tanks.
US comprehensive AI regulation in the horizon following new bipartisan framework
U.S. lawmakers are proposing a comprehensive AI regulation blueprint for licensing, oversight for generative models, facial recognition, and developer liability; emphasizing security and consumer rights.
Grab super app Web 3.0 features launched for users in Singapore
Grab adds Web 3.0 with NFT vouchers for its Singapore market as it eyes expansion in Southeast Asia.
Japan: MUFG stablecoin platform gets support from Mizuho bank
MUFG's Progmat Coin, with support from Mizuho, seeks to revolutionize settlements in Japan's payment ecosystem with lower costs and enhanced security amid rising stablecoin initiatives.
Google wants clear AI labeling in political ads to combat deepfakes
Google's updated political content policy requires advertisers to clearly label AI-generated elements in campaign ads to curb deepfake use.
Windows Advanced Installer exploited to deploy mining malware
Cybercriminals use Advanced Installer to deploy block reward mining malware on unsuspecting victims' devices, targeting enterprises globally, according to reports.
UN urges tighter AI restrictions in schools
The UN urges tighter AI school regulations for ethical reasons, emphasizing safeguards and age restrictions to protect students' well-being and education.