Posts by Y@DminG

OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless. Lawyers for OpenAI said that Apple’s suit falsely portrays … Source: Claims Journal

Meta said on Wednesday one of its AI models hacked another company during cybersecurity testing, fanning concerns about how developers can contain increasingly capable AI systems after similar incidents at rivals Anthropic and OpenAI. The incidents at Meta and Anthropic … Source: Claims Journal

Bodily injury auto claims have surpassed auto physical damage payouts for the first time, a trend that is being pushed by a rise in the average payout and an increase in BI claim frequency. Artificial intelligence may also have a … Source: Claims Journal

Four months ago, the Netherlands approved Tesla’s Full Self-Driving (FSD) system and has since then advocated for its adoption across the EU. But Dutch road regulator RDW won’t tell the public why it concluded the driver-assistance system is safe or … Source: Claims Journal

Domestic insurers are expected to absorb most of the losses from Europe’s worst wildfire season in recent history, but the blazes are also raising a bigger question: who will pay as climate-driven disasters become more frequent and destructive? Authorities have … Source: Claims Journal

Amazon.com Inc.’s Zoox robotaxi division will start charging fares next week in Las Vegas, marking a first in the U.S. for autonomous vehicles without driver controls. Zoox will charge Vegas customers starting Aug. 10, with fares calculated from a base … Source: Claims Journal

The U.S. government’s top information security official warned that computer systems nationwide need to bolster their defenses to meet the growing threat of cyberattacks powered by artificial intelligence. During remarks Wednesday, Acting Federal Chief Information Security Officer Michael Duffy said … Source: Claims Journal

Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, targeting information systems at major money managers, according to people familiar with the matter. Point72 Asset Management informed investors on Wednesday that it had been attacked, … Source: Claims Journal

Binance affiliates are suing the founders of Hong Kong-based crypto payments firm RedotPay for allegedly diverting hundreds of thousands of customers to a competing product in a “fraudulent scheme,” claiming nearly half a billion dollars in losses. The Binance Holdings-affiliated … Source: Claims Journal

Alphabet Inc.’s Google must face a class action lawsuit over alleged abuse of its dominance after an antitrust tribunal allowed a claim on behalf of hundreds of thousands of British firms to go ahead. The lawsuit alleged that Google overcharged … Source: Claims Journal