OpenAI, the company behind ChatGPT, is endorsing California’s AB 3211 bill, which seeks to require tech companies to clearly label AI-generated content. This content can vary from innocent memes to deepfakes designed to spread misinformation about political candidates. However, AB 3211 has received less attention compared to another California AI bill, SB 1047, which requires …
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Cardinal Health Inc. recently witnessed a significant stock transaction by one of its senior leaders. Michelle D. Greene, who serves as the company’s Chief Information Officer, offloaded 4,000 shares of Cardinal Health stock on August 19, 2024. These shares were sold at an average price of $108.85 each, amounting to a total of more than …
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In the period leading up to and throughout the Olympic Games, France’s cybersecurity agency was on high alert to counter potential cyberattacks that could disrupt the organizing committee, ticketing, or transportation systems. Between July 26 and August 11, Anssi, the government’s cybersecurity agency, reported 119 instances of minor security events and 22 incidents where malicious …
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A pharmaceutical company decided to discontinue using Microsoft’s Copilot AI tool, with an executive pointing to its high cost and limited value. After deploying Office 365 Copilot for 500 employees, the company found it underwhelming, likening its performance to that of middle-school presentations. In response, Microsoft is considering restructuring its 365 licenses to enhance the …
Alphabet, Google’s parent company, is on the verge of acquiring cybersecurity startup Wiz for approximately $23 bn, which would mark Alphabet’s largest acquisition to date. The majority of the payment is expected to be in cash, and the deal could be finalized soon, as reported by Reuters. Wiz, initially established in Israel and now headquartered …
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Apple is reportedly in talks with Meta about a potential partnership involving AI, according to sources cited by The Wall Street Journal (WSJ) on Sunday, June 23. The discussions between the iPhone maker and the social media giant center around incorporating Meta’s AI model into Apple’s newly launched Apple Intelligence. This move could significantly benefit …
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In a landmark general election, Keir Starmer’s Labour Party has clinched nearly two-thirds of the seats in the UK Parliament’s 650-seat House of Commons, marking an end to 14 years of Conservative rule. The election results, described as historic, reveal significant shifts in the political landscape. Key Highlights from the Election Results: A Decisive Defeat …
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Nexperia, a leading global producer of fundamental semiconductors like diodes and transistors, announced on June 27 a $200 million investment to enhance capacity at its primary manufacturing site in Hamburg, Germany. This investment, made by the Dutch-headquartered Nexperia, which is owned by Chinese electronics company WingTech, stands out as a rare instance of a semiconductor …
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Following a debate with Donald Trump, some Democrats are expressing doubts about Joe Biden’s bid for the 2024 US Presidential Election. Elaine Kamarck of the Brookings Institution mentioned to Reuters that replacing Biden would be a complex task. Currently, the Democratic Party does not have a clear backup plan for replacing Biden as their 2024 …
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Canadian AI startup Cohere has successfully obtained $450 million in funding. The investment comes from returning backers like Nvidia and Salesforce Ventures, along with new supporters such as Cisco and PSP Investments, a Canadian pension fund, according to a source with knowledge of the deal. This investment completes the initial phase of Cohere’s extensive fundraising …
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The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. CIOCoverage aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, CIOCoverage works to make the entrepreneurs, versatile to the sturdy technological influences.
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