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Google announced on its official security blog the launch of Sec-Gemini v1, a new experimental AI model focused on advancing AI in cybersecurity. This marks a significant step in Google's efforts to leverage AI technology to combat escalating cyber threats. Addressing the Attack-Defense Asymmetry: AI Empowers Defenders Google highlighted a fundamental challenge in cybersecurity: the asymmetry between attackers and defenders. Defenders must address all potential cyber threats,

For the first time in its annual 10-K report, Microsoft listed OpenAI as a competitor, raising industry concerns about the potential changes in their partnership. Microsoft has a long-standing collaboration with OpenAI, investing $13 billion and providing exclusive cloud services. However, OpenAI's SearchGPT feature positions it as a potential competitor to Microsoft in the search domain. An ongoing U.S. antitrust investigation may impact their relationship. Microsoft's decision to relinquish its observer seat on OpenAI's board suggests possible changes in their partnership. However, experts point out that partners and competitors often coexist in the tech industry.

The SEC is investigating OpenAI and CEO Sam Altman, focusing on whether statements made to investors were misleading. The investigation is centered in New York and requires executives to preserve internal documents. Altman was previously removed from his position and then reappointed amid company turmoil.

The U.S. SEC is reviewing internal communications of OpenAI CEO Sam Altman. The SEC investigation aims to determine whether investors were misled. The SEC has requested internal records from OpenAI and issued subpoenas. The OpenAI board dismissed Altman, citing his lack of transparency in communications.

The research found that large language models often fail to answer questions accurately when analyzing U.S. Securities and Exchange Commission filings. AI models frequently generate fabricated numbers and facts or refuse to answer questions. Performance must be improved for practical application in large companies within regulated industries like finance. One of the challenges of deploying AI models in actual products is their non-deterministic nature, which means they cannot guarantee the same output each time.

SEC Chairman Gary Gensler warned that unregulated AI could trigger a financial crisis within the next decade. Major financial institutions widely using the same AI models could lead to a chain reaction if those models have flaws. The fragmented regulatory framework increases the difficulty of oversight. The SEC is considering new rules to regulate the application of AI. Gensler cautioned that the impact of predictive analytics tools needs to be closely monitored.

SEC Chair Gary Gensler has warned that a financial crisis triggered by artificial intelligence (AI) is 'almost inevitable' without regulation. Gensler pointed out that regulating AI in the financial sector will be a daunting task, as AI issues involve multiple agencies relying on the same foundational models. The SEC has proposed new regulations, but these do not address the 'horizontal issue' of multiple agencies basing their operations on the same model, which could lead to herd behavior. Regulators need to find a balance between technological innovation and financial stability to ensure that the development of AI does not lead to...