Tech
OpenAI, owner of ChatGPT, hits $90 billion valuation in AI boom. Crypto transactions banned by JPMorgan’s UK Bank Chase
ChatGPT has a historic valuation of $90 billion amid an unprecedented AI industry boom
Good morning tech family, here are some quick tech updates for you to follow!
Today’s news: HC asks government to submit report on recruitment of cooperative banks
Quick insights: Crypto Transactions Banned by JPMorgan’s UK Chase Bank
According to anonymous sources cited by both Reuters and the Wall Street Journal, San Francisco-based software company OpenAI is in talks to sell existing shares in a deal that could boost its valuation to an astonishing $80-90 billion . This significant valuation growth coincides with a surge in investment in artificial intelligence, making OpenAI one of the most valuable private companies in the world.
The Uttarakhand High Court on Tuesday directed the state government to file an affidavit on the issue of irregularities in Group D registrations in cooperative banks across the state. Petitioner Priyanshu Tyagi has alleged in his petition that there have been widespread irregularities in the hiring of Group D positions in district cooperative banks across the State. According to the petitioner, a notification has been issued for appointment to 423 Group D positions in 2020.
In a move that could revolutionize the podcasting industry, Spotify technology is currently testing an AI-based feature for language translation within it podcast platform. This exciting development promises to break down language barriers and open up a world of content for listeners around the world. Using voice generation technology, Spotify’s new AI-powered feature claims that the tool can mimic the podcast host’s voice patterns. to know more
Chase, the British retail bank of JPMorgan (JPM.N), announced Tuesday that it will prohibit customers from making crypto transactions starting October 16 due to a wave of fraud and scams. “We have seen an increase in the number of crypto scams targeting UK consumers, so we decided to stop them from purchasing crypto assets on a Chase debit card or transferring money to a crypto site from a Chase account,” he said the society. the bank representative said. Chase is the latest lender in the UK to restrict customer access to cryptocurrency, citing long-standing concerns about its use in online schemes run by criminals.