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OpenAI Says Upcoming Model Is So Capable It Requires Stronger Guardrails
OpenAI has determined that one of its upcoming models is so capable it requires additional safety measures before it can be launched. The model, called Astra, can spot more security vulnerabilities than the most advanced OpenAI model publicly available today, … Source: Claims Journal
Read MoreThailand Shifts Disaster Risk to Insurers With $467 Million Plan
Thailand plans to provide government-funded disaster insurance to about 30 million households in high-risk areas, while seeking to shift some of the growing cost of floods and other catastrophes to private insurers. The government on Tuesday approved a 15.5 billion … Source: Claims Journal
Read MoreDeutsche Finance Sues Germany’s BVK in US Court for Defamation
German investment firm Deutsche Finance said it’s suing Bayerische Versorgungskammer in a U.S. court, alleging the pension group unduly interfered in the management of several real estate investments and then blamed it for the resulting losses. Deutsche Finance Holding and … Source: Claims Journal
Read MoreGlobal Insured Catastrophe Losses to Average $171 Billion Annually, Verisk Says
The insurance industry should be prepared to withstand $171 billion in insured catastrophe losses, on average in a given year, up $19 billion from a year ago, according to Verisk. In its highest estimate reported to date, the data analytics … Source: Claims Journal
Read MoreCalifornia Lawmakers Adjourn Without Voting on Wildfire Bill
The California Assembly adjourned without passing a revamp of the state’s wildfire response, sending up shares in two key power utilities, PG&E Corp. and Edison International. The deal fell apart Tuesday as lawmakers prepared to leave the state capitol. Major … Source: Claims Journal
Read MoreTCL Sues Samsung for False Advertising Over ‘Mini LED’ Televisions
Chinese consumer electronics company TCL has sued South Korea’s Samsung in Los Angeles federal court, accusing its rival of falsely advertising some televisions as using “Mini LED” technology. The lawsuit, filed on Monday, alleges Samsung falsely marketed its M Model … Source: Claims Journal
Read MoreApple Accuses OpenAI of Destroying Evidence in Exchange of Barbs
Apple Inc. escalated its legal battle against OpenAI, claiming in a court filing that OpenAI is actively destroying crucial evidence and that former iPhone engineer Chang Liu “not only downloaded a confidential Apple circuit schematic but also used it in … Source: Claims Journal
Read MoreFord Recalling 149,000 Vehicles in US Over Power Loss
Ford Motor is recalling 148,663 vehicles in the U.S. due to a loss of driver power and loss of headlight function or windshield washing system function, which can reduce visibility, the U.S. National Highway Traffic Safety Administration said on Tuesday. … Source: Claims Journal
Read MoreHonda, Nissan Target Rollout of Joint Vehicle Software in 2029
Japanese automakers Nissan and Honda said on Monday they would jointly develop standardized electronic control units (ECUs) for software-defined vehicles (SDVs), deepening their collaboration on more advanced car technology. The companies plan to introduce an architecture incorporating the jointly developed … Source: Claims Journal
Read MoreHonda, Nissan Target Rollout of Joint Vehicle Software in 2029
Japanese automakers Nissan and Honda said on Monday they would jointly develop standardized electronic control units (ECUs) for software-defined vehicles (SDVs), deepening their collaboration on more advanced car technology. The companies plan to introduce an architecture incorporating the jointly developed … Source: Claims Journal
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