World leaders and CEOs converge at Paris AI summit to discuss advancements and the future of technology.

In Short

World leaders and CEOs met in Paris to discuss the rapid advancements and implications of artificial intelligence. The summit focused on collaboration, ethical guidelines, and strategies to prepare for an AI-driven future.

World leaders and CEOs convened in Paris at an AI summit to discuss the rapid advancements in artificial intelligence.

The event brought together key figures from various sectors to explore the implications of AI technology.

Topics of discussion included the potential benefits of AI, regulatory frameworks, and ethical considerations around its deployment.

Participants highlighted the need for collaboration between governments and the private sector to harness AI responsibly.

The summit aimed to foster dialogue on the challenges and opportunities presented by AI advancements.

OpenAI’s Sam Altman rejects Musk’s $97.4 billion bid, calling it competitive, as tensions rise with conflicting interests.

In Short

OpenAI has rejected Elon Musk’s $97.4 billion takeover bid, viewing it as a competitive strategy. The company’s CEO, Sam Altman, and its board members, including Bret Taylor, have ongoing rivalries with Musk amid broader industry dynamics.

OpenAI has officially rejected Elon Musk’s $97.4 billion takeover bid.

Sam Altman, CEO of OpenAI, described Musk’s offer as a competitive strategy rather than a genuine acquisition attempt.

The board of OpenAI, which manages both its nonprofit and for-profit sectors, has not received any formal communication regarding the bid from Musk.

Currently, OpenAI is in the process of raising a funding round that could elevate its valuation to $300 billion, nearly double its previous worth.

A notable point of contention arises from Bret Taylor, former chairman of Twitter, who now oversees OpenAI’s board and has previously had disagreements with Musk over the Twitter acquisition.

In response to the takeover bid, Altman light-heartedly remarked on social media: “No thank you, but we’ll buy Twitter for $9.74 billion if you want.”

This exchange highlights ongoing rivalries in the tech sector and the strategic manoeuvres of influential figures like Musk and Altman.

As the landscape continues to evolve, it remains to be seen how these developments will impact both OpenAI and Musk’s future endeavours.

Rising cyber scams target Ticketmaster users and exploiting emotional connections.

In Short

Cyber scams targeting Ticketmaster users are on the rise, exploiting emotions and rushing fans into poor decisions. To avoid falling victim, individuals should verify offers, access official websites, and enhance security with measures like two-factor authentication.

Cyber scams targeting Ticketmaster users are increasing, causing significant vulnerability to fraud.

The rise of these scams is linked to three vulnerabilities: emotional connections to performances, reliance on digital platforms, and ease of access to scams.

Scammers exploit the fear of missing out (FOMO), particularly during high-demand events like Taylor Swift’s concerts.

Fans often rush into purchasing tickets without verifying the legitimacy of the offers, leading to poor decision-making.

If someone falls victim to a scam, their recourse is limited, often relying on Ticketmaster or other platforms for support.

Many fraudulent websites mimic legitimate ticket sellers, tricking users into entering personal information.

To avoid falling for scams, individuals should take their time, scrutinise offers, and ensure they access official websites directly.

Steve Tcherchian, Chief Product Officer and Chief Information Security Officer at XYPRO joins to discuss how to counter these cyber attacks.

Implementing two-factor authentication on ticketing platforms provides an additional layer of security.

While there are no guarantees to stop scams, ticket platforms must enhance their security measures.

Issues with customer service and support during scams can exacerbate the situation for victims.