China will use AI to disrupt elections in the US, South Korea and India, Microsoft warns

China will attempt to disrupt elections in the US, South Korea and India this year with artificial intelligence-generated content after making a dry run with the presidential poll in Taiwan, Microsoft has warned.

The US tech firm said it expected Chinese state-backed cyber groups to target high-profile elections in 2024, with North Korea also involved, according to a report by the company’s threat intelligence team published on Friday.

Read more here.

The Israeli military’s use of an AI-powered database called Lavender during its bombing campaign in Gaza has come to light, The Guardian reports. The intelligence sources revealed that the system had identified 37,000 potential targets linked to Hamas.

Read more here.

This week Amazon invested $2.75 billion in AI startup Anthropic, marking its largest venture deal on record. Since Amazon announced this intention back in September, other tech giants have also been, “spending unprecedented sums of money to invest in artificial intelligence startups to avoid falling behind in the generative AI boom,” according to CNBC. No one wants to miss out!

Elon Musk's AI Start-Up To Launch Improved Version Of Chatbot

Elon Musk's artificial intelligence startup xAI said on Thursday it will launch an improved version of its chatbot Grok called Grok-1.5, which will be available to early testers and existing Grok users on social media platform X in the coming days.

read more here: https://www.ndtv.com/world-news/elon-musks-ai-start-up-to-launch-improved-version-of-chatbot-5331171

RENOWNED INVESTOR CHARLIE MUNGER SHARES VIEWS ON AI AND BITCOIN

• Charlie Munger questions AI’s hype and calls for responsible development while expressing skepticism about Bitcoin.
• AI’s rapid rise, led by OpenAI’s ChatGPT, has drawn major tech investments, but Munger believes it’s overemphasized.
• Bitcoin, with tangible value, divides opinions, but Munger, aligned with Warren Buffett, labels it as one of the worst investments.

JPMorgan looks to save millions with blockchain-based financial instruments

20 million dollars. 

“It’s not massive in the grand scheme of things,” says Tyrone Lobban, “but it’s not immaterial either.”

When JPMorgan deals with 10 trillion dollars in traditional payment flows on a given day, 20 million looks like a pretty small number in comparison. But it’s certainly not a bad start for clients looking to save on financial services.

One such service is a “repo,” or repurchase agreement. It’s a standard financial instrument that JPMorgan provides, allowing clients to enter into a “borrowing facility.”

But a repo is not something that can normally settle on the same day, Lobban says. “I can’t give you assets as collateral and you give me cash and at the end of the day, we do the reverse.”