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Showing posts from July 1, 2023

Draft EU Artificial Intelligence Rules Could Hurt Europe

The proposed EU Artificial Intelligence legislation would jeopardise Europe's competitiveness and technological sovereignty, according to an open letter signed by more than 160 executives at companies ranging from Renault to Meta . EU lawmakers agreed to a set of draft rules this month where systems like ChatGPT would have to disclose AI-generated content, help distinguish so-called deep-fake images from real ones and ensure safeguards against illegal content. Since ChatGPT became popular, several open letters have been issued calling for regulation of AI and raising the "risk of extinction from AI". Signatories of previous letters included Elon Musk , OpenAI CEO Sam Altman , and Geoffrey Hinton and Yoshua Bengio - two of the three so-called "godfathers of AI". The third, Yann LeCun, who works at Meta, signed Friday's letter challenging the EU regulations. Other signatories included executives from a diverse set of companies such as Spanish telecom c

TSMC Says Its IT Hardware Supplier Targetted in Cyberattack

Taiwan Semiconductor Manufacturing said on Friday that a cybersecurity incident involving one of its IT hardware suppliers has led to the leak of the vendor's company data. "TSMC has recently been aware that one of our IT hardware suppliers experienced a cybersecurity incident which led to the leak of information pertinent to server initial setup and configuration," the company said. TSMC confirmed in a statement to Reuters that its business operations or customer information were not affected following the cybersecurity incident at its supplier Kinmax. The TSMC vendor breach is part of a larger trend of significant security incidents affecting various companies and government entities. Victims range from U.S. government departments, UK's telecom regulator, to energy giant Shell, all affected since a security flaw was discovered in Progress Software's MOVEit Transfer product last month. TSMC said it has cut off data exchange with the affected supplier follo