TECH - Page 52

Fed Pinned to Punt Rate Hike Into the Summer Wind

The Federal Reserve is expected to leave interest rates unchanged on Wednesday for the first time since the U.S. central bank kicked off a historically aggressive round of monetary policy tightening in March of 2022. But don’t call it a pivot or a pause. Suppose the Fed does decide to keep rates steady. In that case, its policymakers, at the end of their two-day meeting, are likely to signal more rate increases are still to come once they take the

OpenAI CEO Says He Is “Quite Optimistic” About Global AI Coordination

On Monday, ChatGPT maker OpenAI’s CEO said a tour of capital cities had left him “quite optimistic” about prospects for global coordination on artificial intelligence (AI). The public face of the startup, backed by Microsoft Corp (MSFT.O), has been on a whirlwind tour looking to capitalize on interest in generative AI and exert influence on the regulation of the burgeoning technology. OpenAI is using a technique called “deep reinforcement learning” to train its AI systems with human input to ensure

AI Voice Scams Shake Up US

The voice on the phone seemed frighteningly real. An American mother sat in disbelief when she heard her 15-year-old daughter sobbing, telling her kidnappers demanded a ransom. It was a scam that had rattled US authorities and the whole world, but it was the work of an AI clone. It was one of a new breed of calls that have taken the ‘caller-ID spoofing’ phenomenon to terrifying heights. The technology behind these spoofed calls is called generative artificial intelligence, or

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