News

TikTok, the popular social media platform, has cut hundreds of jobs globally, particularly in the content moderation department. The company aims to rely more on artificial intelligence (AI) for moderating content. This decision has a significant impact, especially in Malaysia and the Netherlands, according to various sources such as NOS , de Volkskrant , and NRC .

OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, bringing its valuation to $157 billion. Once established as a nonprofit organization with idealistic goals, OpenAI is now transitioning into a profit-driven enterprise. These developments and the financial restructuring mark a new phase for OpenAI, as analyzed by de Volkskrant .

How can AI be developed in a way that avoids discrimination and excessive energy consumption, but instead benefits society? This is the central question of a large national AI initiative housed at the Informatics Institute of the University of Amsterdam (UvA). In collaboration with companies and (semi-)government institutions, the initiative focuses on responsible AI solutions for societal challenges such as food waste, cancer treatments, and combating discrimination.

The AI4Fintech community was officially launched on Friday October 4 with a celebratory opening of the Euronext exchange in the morning, followed by an afternoon event that brought together over 100 experts from across the financial sector, including representatives from banks, startups, regulators, and academic institutions.

We would like to invite you to participate in Tech Horizons Thesis  Fair  2024 , the Industrial Thesis  Fair hosted by Study Association STORM in collaboration with the Computer Science department of the VU.