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Insurance software maker Guidewire agrees to acquire Hyperexponential, which makes AI-powered insurance underwriting and pricing software, for $1.7B in cash (Anzar Mehraj/Reuters)

Anzar Mehraj / Reuters : Insurance software maker Guidewire agrees to acquire Hyperexponential, which makes AI-powered insurance underwriting and pricing software, for $1.7B in cash   —  Insurance software maker Guidewire (GWRE.N) said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400 million … from Techmeme https://ift.tt/aWspyuT via IFTTT
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The FBI attributes the $6B+ Binance hack to North Korea's TraderTraitor hacking group, which the agency also previously blamed for the ~$1.5B Bybit hack (Kevin Whitelaw/Bloomberg)

Kevin Whitelaw / Bloomberg : The FBI attributes the $6B+ Binance hack to North Korea's TraderTraitor hacking group, which the agency also previously blamed for the ~$1.5B Bybit hack   —  The FBI said that North Korea was responsible for stealing more than $6 billion in cryptocurrencies in a brazen hacking attack on Binance. from Techmeme https://ift.tt/hd3Q7nB via IFTTT
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Tests: chatbots rely on three obscure AI-built voter sites for US midterm answers; Copilot cited the error-prone Ballot Brief in 75% of tests and ChatGPT in 22% (Washington Post)

Washington Post : Tests: chatbots rely on three obscure AI-built voter sites for US midterm answers; Copilot cited the error-prone Ballot Brief in 75% of tests and ChatGPT in 22%   —  Frustrated with hunting for information on political candidates, Ben Torres Ezrick set out to build a one-stop shop for voters. from Techmeme https://ift.tt/evhxgHz via IFTTT
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Researchers are paid $5K for reporting a bug to OpenAI that would let attackers run code in logged-in sessions of all who opened the hacker's ChatGPT share link (Swati Khandelwal/The Hacker News)

Swati Khandelwal / The Hacker News : Researchers are paid $5K for reporting a bug to OpenAI that would let attackers run code in logged-in sessions of all who opened the hacker's ChatGPT share link   —  A malicious ChatGPT share link could run an attacker's code in the logged-in session of anyone who opened it … from Techmeme https://ift.tt/VxabZu9 via IFTTT
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Creating AI value with enterprise context

Across a business, any number of AI platforms, systems, and tools may be at work simultaneously—for example, AI-powered customer platforms, conversational assistants, and workflow and process automation tools. Each one is sophisticated, advanced, and quick to respond. But, when set to work, the outcomes and actions that emerge may be wrong, confused, or lacking a proper understanding of the business. Many organizations find themselves in this situation—and it could be one of key reasons they struggle to extract returns on their AI investments. DOWNLOAD THE REPORT An MIT Technology Review Insights poll finds that while every organization surveyed is using AI today to some degree, fewer than one in five (16%) are extracting transformative value from their deployments. The largest percentage of respondents (40%) say they are seeing moderate gains in specific tasks or teams, while 21% report meaningful gains, leaving 23% that are seeing minimal returns or none at all. ...
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Artificial Analysis unveils the Intelligence Index v5 with new coding and science benchmarks; 60% of the Index is based on private test sets or held-out answers (Artificial Analysis)

Artificial Analysis : Artificial Analysis unveils the Intelligence Index v5 with new coding and science benchmarks; 60% of the Index is based on private test sets or held-out answers   —  The Artificial Analysis Intelligence Index is our composite measure of model capabilities across tasks reflecting real-world usage today. v5 … from Techmeme https://ift.tt/XFhNo3E via IFTTT
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Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares (Anthony Hughes/Bloomberg)

Anthony Hughes / Bloomberg : Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares   —  Meta Platforms Inc.'s upsized $25 billion share sale attracted demand for about five times the available shares … from Techmeme https://ift.tt/AceY9qG via IFTTT
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