OpenAI said on Friday it has launched ChatGPT Wallet, which lets AI agents pay for purchases without accessing users’ card details, with a security check required for every transaction. • The wallet has been built in partnership with American Express, Mastercard and Visa, OpenAI said…
Category: Tech
AI stocks under pressure as Nvidia-backed neoclouds lead fresh tech rout – CNBC TV18
Shares of AI-related US companies dropped again on Friday, with neoclouds among the worst hit, fueled by fresh jitters over AI financing following Nvidia CEO Jensen Huang’s abrupt exit. The tech-heavy Nasdaq-100 declined 2%, on pace to erase about $800 billion in market value if…
Microsoft outage Highlights: Services gradually return after nearly 18-hour global disruption
Outlook users are gradually regaining access to their inboxes following the global Microsoft outage, although some disruptions may continue. Microsoft has warned of intermittent access issues and delays in email delivery, with messages potentially taking longer than usual to reach recipients. Emails sent during the…
Unocoin suspends all services after security breach, rebuilds servers from scratch – CNBC TV18
Unocoin, one of India’s oldest cryptocurrency exchanges, suspended all services and began rebuilding its entire server system after a security breach, leaving customers without access while it investigates the extent of the compromise. “Given the circumstances and in the interest of protecting customer assets and…
‘Broken and shattered’: Jensen Huang’s last hours as Nvidia CEO – CNBC TV18
At the end, Jensen Huang looked broken and shattered, his legendary energy depleted. After weeks spent denying the allegations of infidelity and fighting to remain in his job as Nvidia Corp.’s chief executive officer, his surrender late Wednesday night was unconditional. Huang’s usual take-charge demeanour…
FBI seizes $1.2 billion in crypto from $6.3 billion Binance heist linked to North Korea – CNBC TV18
The FBI said Thursday that it had seized more than $1.2 billion of cryptocurrency reported stolen last month from Binance, the world’s largest crypto exchange. The theft of about $6.3 billion from Binance is regarded as the biggest crypto heist in history, and the FBI…
TSMC confirms employee data leak; hackers demand 3 Bitcoin for 46,000 records – CNBC TV18
Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s leading chip manufacturers, has reported a data exposure involving some of its employees. The company confirmed that their sensitive personal information was compromised through a third-party cloud service provider. The hackers claiming responsibility for the leak…
From the CIA to Silicon Valley: AI firms hire ex-spies to protect trade secrets, counter espionage – CNBC TV18
AI firms are hiring former intelligence operatives to help shield them from espionage, a risk thrust into the spotlight as Nvidia axed its CEO Jensen Huang following reports of two extramarital affairs, one with an alleged Chinese spy. The giant AI firm said its rockstar…
OpenAI, Google, Anthropic hit with lawsuit seeking halt to frontier AI development – CNBC TV18
A group of nonprofits sued OpenAI, Anthropic, SpaceX’s AI division, Meta Platforms and Alphabet’s Google on Thursday, seeking to block the further development of the most advanced AI models over concerns, voiced by the companies’ own leaders, that the technology could pose a threat to…
DPDP rules: What changes today and what comes next for banks, insurers and NBFCs – CNBC TV18
India’s Digital Personal Data Protection (DPDP) framework reaches a new implementation milestone on Friday, November 13, with the registration of Consent Managers set to begin. However, the date does not mark the commencement of the law’s full compliance requirements for businesses. Key obligations relating to…