Tech
OpenAI creator ChatGPT is accused of stealing “private data” and faces a lawsuit. 57 crypto assets affected by exploits on Poly Network, users advised to withdraw
In a callous attempt to increase profits, ChatGPT creators steal personal data to train its AI models
Good morning tech family, here are some quick tech updates for you to follow!
Today’s news: Over 27,000 tech workers lost their jobs in India in the first six months of 2023
Quick insights: 57 crypto assets affected by exploit on Poly Network, users advised to withdraw
claims made by a group of unnamed people, OpenAI Inc., the company behind ChatGPT, steals a significant amount of personal data to train its artificial intelligence models in a callous attempt to maximize profits. They have filed a lawsuit and are seeking class action status against the company. Based on the 157-page complaint, 300 billion words from the Internet were secretly scraped by OpenAI, and this data included personal information collected without the plaintiffs’ knowledge or permission.
In the first half of 2023, the global tech industry saw a huge wave of job losses affecting around 212,000 people across a variety of tech firms, from Big Tech giants to startups. According to data from layoff tracking website Layoffs, 819 IT organizations laid off workers, continuing the pattern of the previous year. FOR YOUR INFORMATION. According to IANS, 1,046 IT companies cut off more than 161,000 employees in 2022. As a result, as of June this year, around 380,000 IT workers had lost their jobs overall since 2022.
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Following attackers’ manipulation of a smart contract function on the cross-chain bridge protocol, Poly Network acknowledged that it was the latest victim of the DeFi vulnerability and said it will temporarily cease services. The company said the vulnerability targeted 57 crypto assets across 10 blockchains, including Ethereum, BNB Chain, Polygon, Avalanche, Heco, OKx, and other platforms such as Metis, in their most recent release. While it was unclear how much was caught in the raid, Peckshield had previously said the exploiter had sent at least $5 million worth of cryptocurrencies.