Top Tech News Today: Creator of OpenAI ChatGPT Accused of Stealing ‘Private Data’ and Faces Lawsuit. 57 Crypto Assets Affected by Exploit on Poly Network, Users Urged to Withdraw

In a callous effort to raise profits, ChatGPT's creators steal personal data to train its AI models

 Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Over 27K tech workers lost their jobs in India in the first six months of 2023

Fast-Track Insights: 57 crypto assets affected by exploit on Poly Network, users urged to withdraw

claims made by a group of unnamed people, OpenAI Inc., the company behind ChatGPT, steals a significant quantity of personal data to train its AI models in a callous attempt to maximize earnings. They have filed a lawsuit and are requesting class-action status against the business. Based on the 157-page complaint, 300 billion words from the internet were covertly scraped by OpenAI, and this data included personal information that was gathered without the plaintiffs' knowledge or permission.

In the first half of 2023, the worldwide tech industry saw a huge wave of job losses that affected roughly 212,000 individuals at a variety of tech enterprises, from Big Tech giants to startups. 819 IT organizations have laid off workers, continuing the pattern from the previous year, according to data from the layoffs tracking website Layoffs. FYI. According to IANS, 1,046 IT businesses cut off more than 161,000 workers in 2022. As a result, as of June of the current year, 380,000 or so computer workers had lost their employment overall since 2022.

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As a result of attackers manipulating a smart contract function on the cross-chain bridge protocol, Poly Network acknowledged it was the latest DeFi vulnerability victim and said it will temporarily cease services. The company stated the vulnerability targeted 57 crypto assets across 10 blockchains, including Ethereum, BNB Chain, Polygon, Avalanche, Heco, OKx, and other platforms like Metis, in their most recent release. Although it wasn't made clear how much was taken in the assault, Peckshield had earlier claimed that the exploiter had sent at least $5 million worth of cryptocurrency out.