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San Francisco (AFP) - Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this crucial market. The overnight success of OpenAI's ChatGPT thrust generative AI as Silicon Valley's latest tech revolution, lifting Microsoft, OpenAI's main backer, to become the world's most valuable company. Since then, the maker of Windows and its rival Google have been competing furiously, rolling out tools that produce text, images or lines of code on...
AFP
New York (AFP) - He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector. But the stunning rise of Sam Bankman-Fried and his FTX platform would be matched by an equally spectacular fall when it was revealed that billions of dollars of clients' funds had been moved and spent without their consent. After a jury in 2023 found him guilty of seven counts, a federal judge in New York sentenced Bankman-Fried on Thursday to 25 years for leading the fraudulent scheme. Before it all came crashing down, the native Californian had amassed a fort...
AFP
Palo Alto (United States) (AFP) - Jennifer spent her weekend calling California voters, urging them to cast their ballot in Tuesday's primary election for Democrat Peter Dixon. But unlike her human counterparts, Jennifer is a creation of artificial intelligence (AI), allowing her to make thousands of calls without taking a break or losing her cool. "Hello there. My name is Jennifer and I'm an artificial intelligence volunteer," she says, immediately declaring her identity in calls to Silicon Valley voters in the US congressional race. In her slightly robotic-sounding voice -- intentionally des...
AFP
Washington (AFP) - US authorities said Wednesday they had dismantled a network of hackers known as Volt Typhoon, which was targeting key American public sector infrastructure like water treatment plants and transportation systems at the behest of China. FBI Director Christopher Wray explained the operation in testimony before a congressional committee on US-China competition, and the Justice Department offered more details in a statement. In May 2023, the United States and its allies had accused Volt Typhoon, described as a "state-sponsored hacking group" backed by China, of infiltrating criti...
AFP
New York (AFP) - He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector. But the stunning rise of Sam Bankman-Fried and his FTX platform would be matched by an equally spectacular fall, after it was revealed that billions of dollars of clients' funds had been moved and spent without their consent. A federal jury in New York has convicted Bankman-Fried of leading the fraudulent scheme, for which 31-year-old former tycoon now faces the possibility of spending the rest of his life behind bars. Before it all came crashing down, the nati...
AFP
New York (AFP) - The trial of Sam Bankman-Fried, former CEO of one of cryptocurrency's biggest exchanges, began Tuesday with a jury set to determine if he committed massive fraud by stealing billions of dollars from clients. The 31-year-old -- once one of the most respected figures in crypto -- now faces decades in prison and could see his name stand alongside Bernie Madoff and Elizabeth Holmes as the era's most prominent fraudsters. The first day of the trial was devoted to jury selection for a case that is set to last about six weeks. Bankman-Fried faces seven counts including wire fraud, se...
AFP
New York (AFP) - Sam Bankman-Fried, once the most respected face of crypto currency, goes on trial Tuesday in federal court facing seven counts of fraud that could see him spend decades in prison. The curly haired graduate of the Massachusetts Institute of Technology in just a few years turned his FTX platform into the world's second biggest crypto exchange, propelling him to become the tech world's latest out-of-the-blue billionaire. Bankman-Fried's meteoric rise was only matched by his ignominious downfall, which saw him escorted last year by police from his luxury apartment in the Bahamas a...
AFP
New York (AFP) - He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector. But Sam Bankman-Fried's stunning rise to prominence and wealth would be matched by his spectacular fall, and with it that of his platform FTX. In the space of just a few months the Massachusetts Institute of Technology graduate with a degree in physics had taken a startup he founded in 2019 and built it up into the world's second largest crypto exchange platform. He quickly became more than just a young entrepreneur, fashioning himself as an ambassador of c...
AFP
New York (AFP) - Staying in touch with a loved one after their death is the promise of several start-ups using the powers artificial intelligence, though not without raising ethical questions. Ryu Sun-yun sits in front of a microphone and a giant screen, where her husband, who died a few months earlier, appears. "Sweetheart, it's me," the man on the screen tells her in a video demo. In tears, she answers him and a semblance of conversation begins. When Lee Byeong-hwal learned he had terminal cancer, the 76-year-old South Korean asked startup DeepBrain AI to create a digital replica using sever...
AFP
San Francisco (AFP) - Ever since the poem churning ChatGPT burst on the scene six months ago, expert Gary Marcus has voiced caution against artificial intelligence's ultra-fast development and adoption. But against AI's apocalyptic doomsayers, the New York University emeritus professor told AFP in a recent interview that the technology's existential threats may currently be "overblown." "I'm not personally that concerned about extinction risk, at least for now, because the scenarios are not that concrete," said Marcus in San Francisco. "A more general problem that I am worried about... is that...
AFP
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