An Underwater Data Center in San Francisco Bay? Regulators Say Not So Fast Technology giants are constantly pushing the boundaries of innovation, seeking new ways to expand and improve their data storage capabilities. With the world increasingly reliant on digital services, companies like Microsoft have explored unconventional strategies, including the idea of building underwater data… Continue reading An Underwater Data Center in San Francisco Bay? Regulators Say Not So Fast
Category: regulators
Cruise told by regulators to ‘immediately’ reduce robotaxi fleet 50% following crash
Cruise, the San Francisco-based autonomous vehicle technology company, has been told by regulators to reduce its fleet of self-driving cars, named robotaxis, by half, following an accident involving one of their vehicles. The accident occurred on Tuesday, June 9th, when one of Cruise’s self-driving cars was involved in a collision with a passenger vehicle in… Continue reading Cruise told by regulators to ‘immediately’ reduce robotaxi fleet 50% following crash
Italian regulators order ChatGPT ban over alleged violation of data privacy laws
Italy’s competition authority has ordered a temporary ban on ChatGPT, a chatbot created to chat with users and offer advice to the public. The Italian regulator cited the chatbot had failed to respect the privacy laws and regulations set forth by the country. The ban was announced on Thursday and applies to ChatGPT’s applications, online… Continue reading Italian regulators order ChatGPT ban over alleged violation of data privacy laws
Daily Crunch
The news that Silicon Valley Bank has gone bust was one of the biggest stories in the financial world this past week. Regulators have taken control of $175 billion or more in deposits from the failed bank, resulting in shock waves through the banking and technology industries. This is a major setback for the many… Continue reading Daily Crunch
Silicon Valley Bank is being shut down today by regulators
Today, the Federal Reserve and other government regulators have announced that Silicon Valley Bank is to be closed down. Silicon Valley Bank is a large financial institution that has been providing banking services to the Silicon Valley area since 1996. It was one of the first banks in the country to specialize in tech-related banking… Continue reading Silicon Valley Bank is being shut down today by regulators
China regulators rein in AI chatbots over fears of uncensored replies: report
As technology continues to advance, chatbot Artificial Intelligence (AI) has become a growing part of our everyday lives. Recently, Chinese regulators have stepped in to rein in some of the most popular chatbot AI services due to worries that they may be incapable of ensuring censored communication. According to reports, the Chinese government has become… Continue reading China regulators rein in AI chatbots over fears of uncensored replies: report