A grand jury has charged former FTX CEO Sam Bankman-Fried with multiple counts of wire fraud and conspiracy offenses, according to an unsealed indictment released Tuesday. The charges follow Bankman-Fried’s arrest Monday in the Bahamas after the U.S. Attorney’s Office for the Southern District of New York informed Bahamian authorities that it had filed criminal charges against Bankman-Fried....
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
Satya Nadella didn’t want to hear it. Last December, Peter Lee, who oversees Microsoft’s sprawling research efforts, was briefing Nadella, Microsoft’s CEO, and his deputies about a series of tests Microsoft had conducted of GPT-4, the then-unreleased new artificial intelligence large-language model built by OpenAI.