The EU has approved regulations for instant euro payments within ten seconds, benefiting consumers and businesses in EU and EEA countries.
Payment service providers, including banks, are required to offer instant payment services without any added costs, enhancing convenience for users.
The regulations aim to enhance trust with IBAN and name verification, strengthen European payment firms against global competitors, and reduce dependence on non-European financial entities.
OpenAI's Sora is a text-to-video model that can create videos in response to prompts, extend existing videos, and generate videos from images, but it remains unreleased as of February 2024.
While Sora has potential in marketing, content creation, training, and education sectors, filmmakers believe it won't replace Hollywood due to issues like temporal consistency and artifacts.
Concerns exist around the release, access, cost, and potential negative impacts of Sora, as Tyler Perry even halted studio expansion due to the tool.
Researchers developed an artificial neural network that can understand tasks based on instructions and describe them in language to other AI systems.
The AI model S-Bert, with 300 million artificial neurons, was enhanced to simulate brain regions involved in language processing, achieving linguistic communication between AI systems.
This breakthrough enables machines to communicate using language, paving the way for collaborative interactions in robotics.
The US Justice Department has appointed its first AI officer, Jonathan Mayer, to focus on integrating AI into investigations and prosecutions.
Attorney General Merrick Garland stressed the importance of adapting to technological advancements while ensuring the rule of law and civil rights are upheld.
AI is viewed as a tool to enhance national security, but concerns about biases, election tampering, and cybercrime are also acknowledged.
Tinder is expanding its ID verification feature to users in the US, UK, Brazil, and Mexico to enhance safety and confidence in connecting with matches.
The ID verification process involves comparing user-provided information with official IDs like Driver's Licences or Passports through a video selfie.
Verified users receive badges indicating their verification status and experience a 67% increase in matches, showing the effectiveness of this safety measure.
EU's Digital Services Act is being implemented to enhance safety, fairness, and transparency in the online environment.
The Act brings increased protection for EU users against illegal content and goods, while also imposing responsibilities on online platforms.
The EU Digital Services Act applies to various online platforms, including social media, marketplaces, app stores, search engines, and more, affecting 19 major platforms.
The IRS has launched the Direct File pilot program in 12 U.S. states, allowing eligible taxpayers to file their tax returns online for free.
The Direct File program aims to simplify the filing process for taxpayers with straightforward tax situations and offers live chat support.
Taxpayers can verify their identity through ID.me and use the Direct File service securely, positioning it as a free alternative to paid online services like TurboTax.
AI-generated voices in robocalls are now banned in the US to prevent scams and misinformation.
The FCC can fine violators up to $23,000 per call for using AI-generated voices in robocalls, aiding call recipients to take legal action.
Challenges in detecting AI-generated content in political campaigns remain despite the regulation, highlighting a need for bipartisan action against AI manipulation in elections.
Researchers presented a groundbreaking AI model for breast cancer risk assessment that can accurately predict across diverse racial backgrounds.
Traditional risk assessment models showed biases, particularly in non-white populations, due to data derived from predominantly European Caucasian populations.
The AI model outperformed traditional models, achieving consistent accuracy in predicting breast cancer risk across different racial groups.
FDA authorized the first over-the-counter continuous glucose monitor (CGM), Dexcom Stelo Glucose Biosensor System, for individuals 18 and older not using insulin.
The CGM system aims to help users understand the effects of diet and exercise on blood sugar levels, providing glucose readings every 15 minutes with sensors lasting up to 15 days.
The FDA clearance for this device emphasizes increased health equity by making health monitoring more accessible, although some side effects like skin irritation and pain have been reported.