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Major Outage Shuts Down ChatGPT, OpenAI Fixes Problem. Cryptocurrency trading venue for banks Created by ex-Credit Suisse executive

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A significant outage breaks ChatGPT; OpenAI quickly resolves the issue and resumes regular service

Good morning tech family, here are some quick tech updates for you to follow!

Today’s news: India warns job seekers against fraudulent job offers abroad

Quick insights: Cryptocurrency trading venue for banks created by former Credit Suisse executive

On Thursday, OpenAI announced that ChatGPT, an AI chatbot, had suffered a significant outage that has since been resolved. For about forty minutes ChatGPT encountered problems; during that time, the service was “intermittently unavailable”. Additionally, some users of ChatGPT Enterprise intended for enterprise use were reporting “high error rates,” according to OpenAI.

The Ministry of External Affairs (MEA) on Thursday advised Indians looking for jobs abroad to use the safe and legitimate services of authorized recruitment agents rather than falling for fraudulent job offers. The MEA has also warned all unregistered organizations offering overseas positions to refrain from engaging in overseas recruitment, saying this is against the Emigration Act 1983 and amounts to human trafficking, a crime.

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Seeking to capitalize on growing interest in digital assets from traditional financial institutions outside the United States, a former private banking executive at Credit Suisse AG has opened a cryptocurrency trading platform aimed at banks and securities firms . After leaving Credit Suisse in 2015 as head of operational risk for private banking, David Riegelnig co-founded Rulematch, a Zurich-based company that provides financial institutions with a unique platform for cryptocurrency trading.

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