was to go another way to new york? absolutely. there is still a lot of uncertainty but a lot of crypto currencies are crip tour companies are taking this as a big win. crypto. as securities they need to be registered. unlike normal commodities, though are subject to a lot of regulations but it does not to be registered in the same way. so what the us regulators were saying in the courts was, look, they have done all of this business, dealing with $1.3 billion in these unregistered securities are now the judges said, no, they are not considered unregulated securities. that is not only a big win for raffle but other crypto currencies elsewhere. there are lots of crip to currencies engaged in this battle. simeon, that is my whiny do not go voice. i only found out this today, this is your last business broadcast. you are going off to india to be a news correspondent. i am indeed. iwill india to be a news correspondent. i am indeed. i will be the next south asia correspondent f
us regulators have opened an investigation into openai, the microsoft backed startup behind chatgpt. the federal trade commission says it s looking into whether the ai chatbot could put consumers reputations and privacy at risk by publishing false information about them. open al s ceo sam altman says they will work with the ftc, saying, we protect user privacy and design our systems to learn about the world, not private individuals . michelle fleury in new york has more. the artificial intelligence company openai is facing a probe by us regulators. the federal trade commission, or ftc, sent a letter to the microsoft backed company asking for more information about its privacy and data security practices. the agency also wants to know if the ai tool harmed people by generating false information about them. since its launch, there has been a lot of noise about openai. this is the service that generates convincing human like responses to user queries and is expected to dramatic
the agency also wants to know if the ai tool harmed people by generating false information about them. since its launch, there has been a lot of noise about openai. this is the service that generates convincing human like responses to user queries and is expected to dramatically change the way we get information online. it s already the subject of fierce debate, including over the accuracy of some of its responses and whether the company violated authors rights when it was training the technology. this spring, congress hosted the chief executive, sam altman, for a hearing in which he called for regulations to be crafted for the emerging industry. let s stay with attempts to regulate ai because sir martin sorrell, the man who built the world s biggest advertising company, has been addressing that very issue for this week s edition of talking business on bbc news. he told me that regulators will struggle to keep up with the developments in artificial intelligence,
the thing they are trying to achieve with this mission and hoping it will propel the country to the next level in the global space race. in the global space race. always a leasure. in the global space race. always a pleasure- i in the global space race. always a pleasure. i hope in the global space race. always a pleasure. i hope you in the global space race. always a pleasure. i hope you have - in the global space race. always a | pleasure. i hope you have balloons on the red carpet ready for simeon s arrival. let s focus on attempts to regulate ai now because sir martin sorrell the man who built the world s biggest advertising company has been addressing that very issue for this week 5 edition of talking business on bbc news. he told me that regulators will struggle to keep up with the developments in artificial intelligence. but he said in the advertising industry, companies are already agreeing on the ethics of using the technology. we ve already taken a position that,