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Here's the latest tech news from the last 24 hours:

🤖 Baidu says its AI now matches GPT-4
🎨 Nvidia's new Text-to-3D AI tool
🚫 US tightening restrictions on AI exports to China
🚗 Cruise self-driving cars investigated after two accidents
💰 US holds over $5 billion in Bitcoin
🔮 AI chatbots can guess personal information from what you type

🤖 Baidu says its AI now matches GPT-4LINK

Chinese internet giant Baidu has rolled out an updated version of its AI chatbot Ernie, claiming it now matches the capabilities of OpenAI’s GPT-4.

Baidu CEO Robin Li Yanhong showcased Ernie Bot 4's advanced understanding and reasoning abilities at the Baidu World 2023 conference in Beijing.

In a bid to compete with OpenAI, Chinese firms have launched over 100 large language models this year.

🎨 Nvidia's new Text-to-3D AI toolLINK

Nvidia has partnered with Masterpiece Studio to launch Masterpiece X, an AI-powered tool designed to simplify 3D modeling, enabling users to create these models in the cloud with no local hardware or software necessary.

Nvidia's dominance in the AI sector has led to exceptional financial results, with its stock rising by over 200% in 2023, despite geopolitical challenges such as US restrictions on AI chip exports to China.

Geopolitical pressures are affecting Nvidia's ability to distribute its AI chips internationally, particularly in China, where regulators aim to hinder the country's progress in the AI industry.

🚫 US tightening restrictions on AI exports to ChinaLINK

The Commerce Department has announced new export controls aimed at slowing China's development of advanced AI technologies, impacting both military and commercial sectors.

The focus of these controls is on advanced chip technology, crucial for cutting-edge computing systems, following concerns that US chipmaking technology was filtering to China through loopholes.

Despite criticism from China and potential slowdowns, the Biden administration asserts the necessity of these controls for protecting national security, highlighting concerns for AI's potential misuse in military applications.

🚗 Cruise self-driving cars investigated after two accidentsLINK

The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into GM's autonomous vehicle system, Cruise, due to incidents involving pedestrians.

The investigation was sparked by reports of Cruise vehicles potentially not taking proper caution around pedestrians, with several incidents and injuries already on record.

This preliminary investigation will seek to understand the extent and seriousness of the potential issues relating to Cruise's self-driving system's policies and response to pedestrians.

💰 US holds over $5 billion in BitcoinLINK

The US government now holds over 200,000 Bitcoins, estimated to be worth more than $5 billion, making it one of the largest BTC holders.

The majority of these Bitcoins were obtained through seizure in large-scale legal cases, such as the Silk Road seizure and the Bitfinex Hack seizure.

The seized bitcoins are often auctioned off, with prominent past auctions including billionaire Tim Draper's purchase of 30,000 Bitcoins and a sale of over 9,000 Bitcoins on Coinbase in 2023.

🔮 AI chatbots can guess personal information from what you typeLINK

Research reveals that AI chatbots like ChatGPT can infer sensitive personal information about users from seemingly harmless conversations.

The inferred data can include users' race, location, occupation, potentially leading to a new era of advertisement or data harvesting by scammers.

Companies like OpenAI, Google, Meta, and Anthropic have language models that were tested for this issue, raising questions about user anonymity and privacy.

Other news you might like

Marc Andreessen's recent manifesto posits that halting AI development equates to murder and criticizes concepts like sustainability and social responsibility.LINK

NYC Mayor Eric Adams employs AI tools to issue multilingual robocalls, triggering ethical debates due to misleading linguistic portrayals.LINK

Google partners with Cambridge for new AI centre, emphasizing the potential benefits and need for correct AI implementation amid environmental concerns.LINK

Artificial Intelligence (AI) could potentially enable the creation of bioweapons by bridging knowledge gaps, warns a report from RAND Corporation.LINK

"Snap shares climb 11% as a leaked memo predicts over 475 million daily users and 20% ad revenue growth in 2024, surpassing Wall Street forecasts."LINK

Stack Overflow cuts 28% of its staff due to profitability challenges and AI's impact on the coding industry, while exploring AI tool development and data monetisation strategies.LINK

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