In a pioneering move, France has appointed Clara Chappaz as its first-ever minister dedicated specifically to artificial intelligence (AI) and digitalisation. This significant decision aligns with President Emmanuel Macron’s vision to transform Paris into a “city of AI,” positioning France on the global stage as a formidable player in AI development and digital innovation. Chappaz, […]
Google Joins Bid to Transform UK Bond Markets
In a significant development for the UK’s financial landscape, tech giant Google has joined forces with various notable players, including Norway’s sovereign wealth fund and UBS, to support a bid aimed at managing the UK’s forthcoming real-time bond tape system. This new initiative is expected to reshape the bond trading process by enhancing transparency and […]
Societe Generale Collaborates with Bitpanda to Boost Crypto Integration
In a significant move that underscores the growing intersection of traditional finance and the digital asset world, Societe Generale has established a partnership with Bitpanda, aiming to enhance the integration of cryptocurrencies and stablecoins within the global financial system. This collaboration is particularly focused on the adoption of Societe Generale-FORGE’s euro-denominated stablecoin, EUR CoinVertible (EURCV). […]
Mozilla Faces Privacy Complaint Over Firefox Tracking
Mozilla, the company behind the Firefox browser, has recently come under scrutiny due to a privacy complaint lodged by the activist group NOYB (None of Your Business). This Vienna-based organization has accused Mozilla of violating European privacy laws with its default tracking features that monitor users’ online activities without seeking explicit consent. The specific feature […]
OpenAI Enhances ChatGPT with New Voices and Smoother Conversations
OpenAI continues to innovate by expanding its Advanced Voice Mode (AVM) for ChatGPT, significantly enhancing user experience. This expansion particularly targets subscribers of the Plus and Teams plans, along with Enterprise and education customers, who will gain access shortly. A key aspect of this enhancement is the introduction of five new voices: Arbor, Maple, Sol, […]
CrowdStrike Faces Increased Scrutiny Following Global IT Outage
CrowdStrike, a prominent cybersecurity firm, has recently come under intense scrutiny following a significant global IT outage attributed to a faulty software update. This incident not only disrupted operations across various industries but has also raised questions about CrowdStrike’s practices and accountability in maintaining robust cybersecurity measures. On September 19, Adam Meyers, the senior vice […]
Ellison Faces Prison for Role in FTX Collapse
Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison due to her involvement in one of the largest financial scandals in US history—the collapse of the cryptocurrency exchange FTX. This unprecedented case has drawn significant attention not only within the financial world but also in broader discussions surrounding corporate […]
Microsoft Introduces Correction Tool to Tackle AI Hallucinations, Amid Criticism
Microsoft has recently rolled out a new service named Correction, designed to address a major challenge in artificial intelligence (AI): the phenomenon known as hallucinations. In this context, hallucinations refer to instances when AI systems generate false or misleading information, which can lead to significant trust issues among users. The Correction tool aims to enhance […]
The Rise of 8-Inch SiC Wafers: Transforming Power Electronics
Recent developments in the field of silicon carbide (SiC) technology are poised to revolutionize the semiconductor sector, especially in power electronics. With the introduction of 8-inch SiC wafers, companies globally are recognizing the potential to reduce production costs while enhancing efficiency in various applications, from renewable energy to electric vehicles. Japan’s NGK Insulators recently made […]
India on the Verge of AI Transformation: How Google and Nvidia Will Propel the Nation Forward
As India positions itself as a pivotal player in the global tech landscape, major tech giants like Google and Nvidia are ramping up their investments in artificial intelligence (AI) within the country. This strategic move comes in the wake of a significant meeting between Indian Prime Minister Narendra Modi and executives from both companies during […]