Here is top trending news from the world of technology. News that every tech enthusiast should keep a tab on.
1)
Zoom to now allow AI model training with customer data
Video conferencing platform Zoom has quietly updated its privacy policy. As per this latest update, Zoom will use customer data to train its AI model. However, the company has assured that it won’t share any customer data with third party companies and won’t train AI models on audio, video text chat from the Zoom app without customer consent. However, despite these assurances, some privacy advocates have raised concerns about the company’s new data collection practices. Zoom, on other hand, has defended its new data collection practices, arguing that they are necessary to improve its AI as well as overall services.
2)
PayPal continues crypto expansion with stablecoin launch
PayPal has launched its own stablecoin called PayPal USD, becoming the first big fintech company in the world to launch its own stablecoin. Pegged to the US dollar, PayPal’s stablecoin has been launched on Ethereum and currently will be available only to PayPal customers in the U.S. The launch of PayPal USD marks company’s growing commitment to the cryptocurrency industry. Being one of the largest payment companies in the world, its endorsement will help in legitimizing the use of stablecoin in the crypto industry. Stablecoins are becoming increasingly popular in crypto industry as it provides stability and reliability.
3)
OpenAI launches new web crawler GPTBot
ChatGPT’s parent company OpenAI has just launched a new web crawler called GPTBot. GPTBot has been designed to be a more efficient web crawler, which will help developers in easily crawling and collecting data from websites for their projects. OpenAI has published the code for GPTBot on GitHub, so anyone can use it. OpenAI has also assured that GPTBot has been designed to be more respectful of privacy. It won’t crawl websites that require paywall access, which are known to gather personally identifiable information. This new web crawler will supposedly help OpenAI in training its AI models more efficiently.
4)
Tesla CFO steps down, replaced by India-origin Vaibhav Taneja
Telsa’s Chief Financial officer Zachary Kirkhorn announced his resignation on Monday. Kirkhorn has been Tesla’s CFO for four years. He will now be replaced by Vaibhav Taneja who is company’s current Chief Accounting Officer (CAO). Taneja has over 20 years of experience in finance, and he has held senior positions at companies such as PwC, Goldman Sachs, and SolarCity. He also played a key role in Tesla’s IPO and its subsequent growth Tesla CEO Elon Musk said that Taneja is “the perfect person to lead Tesla’s finance team as we continue to grow and scale.”
5)
Microsoft’s Bing AI Chat now available on third party browsers
Microsoft on Monday announced that it is rolling out Bing AI Chat to third-party browsers. This means that users can now chat with Bing AI in Chrome, Firefox, and other popular browsers. This will also make Bing AI Chat more accessible to users, and will also allow Microsoft to compete with other search engines that offer AI chat features. To use Bing AI Chat in a third-party browser, you need to simply enable the feature in the Bing settings. Once the feature is enabled, you can type “chat” in the Bing search bar to start a conversation.