AI News Today – June 13th, 2024

Welcome to “AI News Today,” your daily roundup of the most significant happenings in the AI Industry.

Elon Musk Withdraws Lawsuit Against OpenAI

Elon Musk has officially withdrawn his lawsuit against OpenAI, which he had filed alleging that the organization had strayed from its founding principles of developing AI for the benefit of humanity. The lawsuit highlighted concerns over OpenAI’s partnership with Microsoft and the closed-source nature of its latest AI models. Despite his withdrawal, Musk continues to voice concerns about the commercialization of AI and the potential risks it poses to public safety. ​Read all about it on the TDR Website!

G7 and Pope Francis Discuss AI Ethics

In a significant move towards global AI regulation, the G7 summit in Italy has invited Pope Francis to address ethical considerations in artificial intelligence development. The Pope emphasized the need for AI technologies to prioritize human dignity and ethical standards, urging world leaders to ensure that AI advancements contribute to the common good rather than exacerbate social inequalities​​.

Broadcom Sees Gains Amid AI Computing Demand

Broadcom’s (NASDAQ: AVGO) stock has surged, driven by increasing demand for AI computing solutions. The company reported robust earnings, attributing its success to the growing adoption of AI technologies across various industries. Broadcom’s CEO highlighted the critical role of AI in driving the next wave of technological innovation and the company’s strategic investments in AI infrastructure​​.

AI-Driven Emergency Scams in Norfolk

Norfolk police are warning residents about a new wave of emergency scams involving AI technology. Scammers are using AI-generated voices to impersonate family members in distress calls, making the scams more convincing. Authorities are advising the public to be vigilant and verify the authenticity of such calls before taking any action​​.

AI Stethoscope Demonstrates Power and Risks

A new AI-powered stethoscope is revolutionizing the medical field by providing highly accurate diagnostic capabilities. However, its introduction also highlights potential risks, including data privacy concerns and the need for stringent regulatory oversight. The device exemplifies the double-edged sword of AI in healthcare, offering significant benefits while posing new ethical and practical challenges​.

Read more AI news on the TDR Website!

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