Tech News Now: Palo Alto’s Tech Tumble, ChatGPT Goes Berserk, and More!
- Palo Alto Networks faced a harsh reaction from Wall Street after reporting earnings above expectations but reducing full-year revenue guidance. The company’s strategic shift towards growth and AI leadership led to a significant drop in stock price.
- The rise of AI-generated deepfakes has sparked concerns about identity theft and fraud, leading to calls for strict regulations. An open letter signed by experts advocates for new laws to criminalize harmful deepfakes and hold developers accountable.
- New York Times is exploring AI-powered ad targeting solutions despite an ongoing lawsuit with OpenAI. The media company views AI as a tool for more effective advertising campaigns, highlighting the growing importance of AI in the industry.
These developments in the tech industry emphasize the increasing influence of AI and the need for responsible development and regulation. Stay tuned for more updates on the evolving landscape of technology.