Ola Founder Bhavish S. Krutrim Becomes First Indian AI Startup to Reach $1 Billion Valuation
Breaking News: Ola Founder Bhavish S. Krutrim Becomes First Indian AI Startup to Reach $1 Billion Valuation In a major milestone for the Indian startup ecosystem, Ola founder Bhavish S. Krutrim has achieved a significant feat by becoming the first…
New Method Proposed to Improve Discovery of Risk Genes for Complex Traits
A new study published in Nature Genetics has proposed a method to improve the discovery of risk genes for complex traits by adjusting for genetic confounders in transcriptome-wide association studies (TWAS). Researchers have long been using expression quantitative trait loci…
Video Games Industry Facing Up to Two Years of Turmoil and Instability, Industry Leaders Predict
The video games industry is facing significant challenges, with industry leaders predicting up to two years of turmoil, restructures, layoffs, and closures. The current situation is attributed to continued high interest rates, oversaturated video game stores, and cautious investors, according…
Deepfake Voice Attacks Pose Challenge for Biometric Software Companies and Researchers
Deepfake voice attacks are posing a real-world challenge for biometric software companies and public researchers as they strive to detect these deceptive impersonations. Recently, there have been instances of deepfake voice attacks, such as robocalls impersonating President Joe Biden, which…
Rising Threat of AI Scams Sparks Action from Lawmakers and Organizations
Artificial Intelligence (AI) is no longer just a concept of the future, it’s here and scammers are taking advantage of it. The technology has advanced to the point where scammers can clone voices and use them to deceive family and…
AI-generated explicit images of Taylor Swift circulating on social media
Sexually explicit AI-generated images of Taylor Swift have been circulating on X (formerly Twitter) over the last day in the latest example of the proliferation of AI-generated fake pornography and the challenge of stopping it from spreading. One of the…
FTC’s Use of Algorithmic Disgorgement in Settlements with AI Companies
January 25, 2024 Volume XIV, Number 25 Welcome to this week’s issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies. This week, we discuss the Federal Trade Commission’s (FTC or Commission)…
NSA’s Furby Ban Revealed in FOIA Documents
Recently, a Freedom of Information Act (FOIA) request has shed light on a peculiar chapter in the history of the NSA involving the popular toy, Furby. The Furby, a sensation in the late 1990s, not only captivated children but also…
Breakthrough in AI Image Generation Sparks Concerns About Deepfakes
A breakthrough in AI image generation has been announced by the InstantX team in Beijing. The new method, called InstantID, is capable of quickly recognizing individuals and generating new images based on a single reference image. Reuven Cohen, an enterprise…
IBM Shares Surge 8% After-Hours on Strong Q4 Results
IBM shares surged by 8% in after-hours trading following the announcement of its fourth-quarter results, which surpassed Wall Street’s expectations. The tech and services provider reported earnings per share of $3.87, adjusted, compared to the expected $3.78, and revenue of…