EU Regulators Flag ChatGPT for Data Inaccuracy, OpenAI Faces $38M Fines Under New AI Act

May 26, 2024
EU Regulators Flag ChatGPT for Data Inaccuracy, OpenAI Faces $38M Fines Under New AI Act
  • The European Data Protection Board (EDPB) has raised serious compliance concerns regarding OpenAI's ChatGPT model.

  • A report indicates that ChatGPT does not meet the EU's data accuracy standards.

  • These findings could influence regulatory measures across the 27 EU member states.

  • The AI Act in Europe has been approved with fines of up to $38 million for non-compliance.

  • National privacy watchdogs are investigating ChatGPT's accuracy issues.

  • There is a highlighted need for improved data accuracy in AI systems to meet regulatory standards and protect data subjects' rights.

  • Ethereum co-founder Vitalik Buterin has called for greater community involvement in AI development.

  • Buterin emphasizes the importance of collaborative approaches to address risks associated with advanced AI systems.

  • OpenAI has not yet responded to the EDPB report.

  • Concerns are raised about the potential impact on ChatGPT's usage and development in the EU.

Summary based on 11 sources


Get a daily email with more Tech stories

More Stories