🐼 Privacy or Censorship? Italy Blocks ChatGPT

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🛑 ChatGPT Blocked in Italy

🙌 FinTech Gets an AI-Boost!

💰 Buy or Bye? C3.ai Stock

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1. Italy Bans ChatGPT Over Privacy.

   Italy becomes the first Western nation to ban OpenAI's ChatGPT over privacy concerns, raising questions about AI's use of personal data. Millions of people have used the chatbot, which can answer questions in human-like language, but Italian authorities said the app had experienced a data breach and exposed minors to unsuitable answers. OpenAI, which complies with privacy laws, has 20 days to address the watchdog's concerns, under penalty of a fine of up to €20 million ($21.7m) or 4% of annual revenues. ChatGPT is already blocked in China, Iran, North Korea and Russia.(Read More)

2. AcuFi Founder Emphasizes AI's Fintech Significance

   AcuFi, an Irvine-based debt resolution company, says that AI is the future of fintech. The technology can help individuals and businesses achieve their financial goals with a customized approach, and also help managers make informed decisions by identifying risks. AI can also improve cybersecurity, detecting fraud and stopping the loss of funds. Chatbots and AI-powered banking apps are examples of how AI can enhance customer experience. AcuFi already uses AI to enhance user experience, and predicts that more companies will follow suit to achieve personalized customer engagement. (Read More)

3. C3.ai Stock: A Good Move?

   C3.ai's Wild Ride: Is It Worth the Price Tag?" With the recent price drop of C3.ai's stock, investors are wondering if this AI software company is still worth the hype. Despite its immense growth potential, C3.ai is an expensive stock even after its massive price drops. As an AI software company, C3.ai offers customizable and pre-built AI applications for various industries. In 2022, the company shifted from subscription fees to a consumption-based revenue model. Though the stock has had a rough ride since its public debut in 2020, it has seen a 160% year-to-date gain as of March 31, leaving investors to decide if it's worth the cost. (Read More)

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