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OpenAI Faces Class Action Lawsuit for Unauthorized Data Harvesting

The class-action lawsuit against OpenAI adds to the increasing number of legal challenges faced by companies involved in developing and profiting from AI technologies. OpenAI, the prominent technology company pioneering unique innovations in Artificial Intelligence (AI) has been hit with a lawsuit filed by sixteen pseudonymous individuals. The plaintiffs claim that

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ChatGPT maker OpenAI hit with class-action lawsuit over alleged data theft

OpenAI, the maker of the popular chatbot ChatGPT — a natural language processing artificial intelligence (AI) tool — is facing a class-action lawsuit in California over allegedly scraping private user information from the internet.The lawsuit was filed in the United States District Court for the Northern District of California by Clarkson

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EU finalizes controversial smart contract kill switch rules under Data Act

The European Union (EU) legislators have reached an agreement to move ahead with the controversial Data Act that drew scrutiny from the crypto community earlier. The finalization of the deal was confirmed by EU’s Commissioner for Internal Market Thierry Breton in a Tweet calling it a “milestone in reshaping the

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Ethereum price won’t see $2K anytime soon, market data suggests

Ether (ETH) price faced strong resistance at $1,920 after the 17.5% rally between June 15 and June 22. A number of factors contributed to the limited upside, including worsening macroeconomic conditions, the regulatory cryptocurrency environment, and weaker demand for decentralized applications (DApps) on the Ethereum network.ETH price faces macroeconomic

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EU’s Controversial Data Act Finalized by Negotiators Despite Protest From Web3 Industry

“With the adjustments made to the text we are no longer addressing smart contracts in general but make this regulation applicable specifically to the execution of contractual clauses in the context of data sharing,” Damian Boeselager, a lawmaker who led negotiations for the European Parliament’s Green grouping, told CryptoX. Source

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Bitcoin price data suggests bulls will succeed in holding $30K as support this time

Bitcoin (BTC) has been trading above $31,000 after its 24.3% rally between June 15 and June 23, which caught many off guard. For bears, that meant facing $165 million in short futures contract liquidations, but the unexpected rally also brought some degree of discomfort for investors using Bitcoin derivatives.Inflation remains

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Bitcoin BTC Price Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data

Ether (ETH), the second largest crypto in market value, followed a similar path to BTC, dipping around the time of the BitGo announcement via Twitter but then regaining ground to recently change hands near the $1,900 threshold it reached on Wednesday for the first time since the beginning of June.

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