The FinTech Hub
Source: The Verge BuzzFeed plans on launching a new social platform “built specifically to spread joy and enable playful creative expression.” In a blog post published on Tuesday, BuzzFeed co-founder and CEO Jonah Peretti highlights the “growing discontent” with platforms using AI-driven algorithms to keep users glued to their screens, adding that BuzzFeed’s social network…
Source: The Verge AI chatbots struggle with factual inaccuracies and distortions when summarizing news stories, research from the BBC has found. The study, which examined whether OpenAI’s ChatGPT, Google Gemini, Microsoft Copilot, and Perplexity can accurately summarize news, found more than half of all the AI-generated output had “significant issues of some form.” As part…
Source: Live Mint China, a closed economy, has already achieved a generative AI breakthrough with DeepSeek’s model. US president Donald Trump is vying to retain America’s dominance in global technology by instituting curbs on AI and high-tech exports. Indian industry stakeholders said an agreement with France can give the country a significant international partner—both as…
Source: The Verge Updating a newer iPhone, iPad, or Mac to the latest software could have an unintended side effect of re-enabling Apple Intelligence. Users who turned off Apple’s AI features in iOS / iPadOS 18.3 or macOS 15.3 — the first set of updates to enable the features by default — have reported that…
Source: The Verge Over the last few weeks, OpenAI has done the previously unthinkable: it has consistently shipped interesting new user-facing products. First there was Tasks, a way to engage ChatGPT in helping you get things done. Then there was Operator, a way for the chatbot to actually do things for you. And finally there…
Source: The Verge The European Union says it will channel €200 billion (about $206 billion) into artificial intelligence investments in a bid to compete with the US and China. At the AI Action Summit in Paris on Tuesday, EU Commission President Ursula von der Leyen announced the bloc would spend €50 billion (about $51 billion)…
Source: Live Mint “Change is neither good nor bad. It simply is,” declares Donald Draper, the unflappable star of “Mad Men”, a television drama set in 1960s adland. Not all advertising executives share his sangfroid. Today, technology is changing the industry faster than at any time since Mr Draper’s era. The result is a reshaping…
Source: The Verge In a dramatic escalation of Silicon Valley’s most heated AI rivalry, Elon Musk just announced that he’s leading a $97.4 billion bid to buy OpenAI’s nonprofit arm, according to The Wall Street Journal. The bid was reportedly delivered to the board Monday morning. The offer brings together a powerful coalition of backers,…
Source: The Verge Google is bringing its upgraded note-taking app to its One AI Premium plan. That means subscribers will now gain access to NotebookLM Plus at no added cost, which offers higher usage limits and premium features, like the ability to customize NotebookLM’s responses. Google launched the NotebookLM Plus plan for businesses, schools, organizations,…
Source: The Verge Google, OpenAI, Roblox, and Discord have formed a new non-profit organization to help improve child safety online. The Robust Open Online Safety Tools (ROOST) initiative aims to make core safety technologies more accessible for companies and provide free, open-source AI tools for identifying, reviewing, and reporting child sexual abuse material. The initiative…
