Top Tech News Today: Microsoft Surprise Event Today is Expected to Launch ChatGPT with Bing! FTX Opposes an Independent Bankruptcy Investigation Due to the Expense and Cyber Risk

Microsoft is expected to announce some exciting projects in its surprise event! Read more tech news

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

What's New Today: Within a Year, ChatGPT will be Used to Conduct Successful Cyberattacks, According to IT Professionals.

Fast-Track Insights: International Customers' Withdrawals and Deposits in U.S. Dollars will be Suspended, According to Binance.

Microsoft's surprise event today may include some "exciting projects." As a response to Google's AI chatbot Bard, the business is anticipated to unveil the integration of ChatGPT with Bing. On February 7th, Microsoft organized a special event at which it will reveal several "interesting projects." Although the firm is keeping this event a secret, it is rumored that CEO Satya Nadella will reveal the company's intentions for AI. The forthcoming event will start at 10 AM PT, or 11:30 PM IST, at Microsoft's Redmond headquarters in Washington. Microsoft CEO Satya Nadella stated in his initial mailed-out invitations that the company will "discuss some work on a meeting agenda," despite the fact that the meeting's agenda has not been made public.

Cybersecurity experts have asserted that ChatGPT, the OpenAI-based chatbot, may in the future be the target of hacks. Many IT decision-makers believe that in the near future, ChatGPT technology will be utilised to conduct effective cyberattacks. 51 percent of these decision-makers, according to the report, believe that this will occur within a year. Additionally, according to 71 percent of them, foreign countries may already be exploiting ChatGPT for nefarious purposes against other countries. The research also shows various viewpoints on ChatGPT's possible threat from throughout the world. The greatest concern, according to over 53% of respondents, is that ChatGPT will enable hackers to produce phishing emails that are more persuasive and plausible. However, only 49% of respondents think it will.

The company's response to OpenAI's ChatGPT is Google's Bard. Google's AI chatbot, Bard, is intended to compete with OpenAI's ChatGPT. According to Google CEO Sundar Pichai's blog post, Bard is an experimental service that is being made accessible for public testing. The new chatbot with artificial intelligence is built using Google's LaMDA technology, or Language Model for Dialogue Applications. Pichai stated in a blog entry: "We have been developing Bard, an experimental LaMDA-powered conversational AI application. And as we prepare to make it more widely accessible to the public in the coming weeks, we're moving ahead by opening it to reliable testers today."

The attorneys for FTX said on Monday that a court-supervised investigation into the company's collapse would be a waste of time and resources and could even be dangerous. At the hearing on Monday, FTX attorney James Bromley argued that the proposed review requested by the U.S. Department of Justice's bankruptcy watchdog is so nebulous that it essentially asks an examiner to look at "everything, everywhere, all at once." In order to look into charges of fraud, wrongdoing, and poor management that are "too critical to be entrusted to an internal probe," the U.S. Trustee has urged Dorsey to appoint an independent examiner. In significant bankruptcy cases when the DOJ or a creditor seeks one, such an investigation is required by federal law, according to Juliet Sarkessian, an attorney for the U.S. Trustee.

The largest cryptocurrency exchange in the world, Binance, said on Monday that it would stop accepting deposits and withdrawals in dollars. The business gave no explanation for the move. As of February 8th, "We are temporarily suspending USD bank transfers," a representative for Binance informed CNBC. Customers who are affected are being informed directly. In addition to stating that "we are working diligently to reinstate service as quickly as possible," the firm claimed that "0.01% of our monthly active users leverage USD bank transactions." The company's subsidiary Binance US, which is subject to regulation by the Financial Crimes Enforcement Network of the Treasury Department, stated in a tweet that it is unaffected by the ban. Only non-U.S. clients who transfer money to or from bank accounts in dollars are affected by the change.