Hashtag Trending Sep.13-U.S. Senators to meet AI CEOs; Study shows AI can create and run a software company in minutes; Cyberattack hits major children’s charity

Two occasions in Washington this week, one that includes AI giants and the opposite aiming to tackle the problems of safety in Open Source code.  A research shows that AI can create and run a company that develops software in minutes and at a price of lower than a greenback.  And a cyber assault hits a major worldwide children’s charity. 

These and extra prime tech tales on Hashtag Trending
I’m your host Jim Love, CIO of IT World Canada and Tech News Day in the US.
Two massive issues taking place in Washington that have an effect on the IT {industry}. 
There’s Senate Majority Leader Chuck Schumer’s upcoming discussion board on AI. This high-profile occasion will deliver collectively tech {industry} giants, AI specialists, senators and different stakeholders for a 6 hour assembly to foster a dialogue and focus on AI regulation with politicians who should then form the way forward for AI guidelines and government-industry collaborations. 
The discussion board’s visitor checklist is a who’s who of AI CEOs – Elon Musk from X, Mark Zuckerberg from Meta, Sundar Pichai from Google, and Sam Altman from OpenAI. 
The closed-door format and tech-centric visitor checklist have drawn some criticism. 
While Senator Schumer has emphasised the inclusion of a big selection of stakeholders, advocacy teams have expressed issues in regards to the lack of illustration from numerous human rights organizations. And whereas {industry} associations just like the Motion Picture Association of America and the Writers Guild of America are invited, artists utilizing generative AI really feel neglected. 
Source included: Axios
And 90 authorities officers and non-public sector executives are gathering in Washington this week to devise a long-term technique for bolstering the safety of publicly accessible open-source code. 
The reality is that in as we speak’s world, most software incorporates some open-source code. However, many open-source mission builders, usually volunteers, wrestle to maintain tempo with safety updates. 
The Open Source Security Foundation (OpenSSF) is spearheading a two-day summit to assist tackle these safety challenges. 
Attendees embrace representatives from the White House, Defense Department, and major corporations like Amazon, Apple, and GitHub. This summit is a continuation of efforts initiated after the Log4j vulnerability surfaced, with tech corporations beforehand committing $30 million to improve open-source software safety. The summit goals to consider the present state of open-source safety, replace on ongoing initiatives, and set up new activity forces to sort out rising challenges.
Given the fast development of AI generated code, perhaps a few attendees ought to wander over to the White House and drag in some AI experience. While AI will not be prepared for prime time in writing code, I’m arduous pressed to imagine that it’s not wonderful at discovering errors, particularly safety errors in code.  Just considering out loud.  
Source included: Axios
And underneath the heading of, oh come on…The cybercrime group BianLian which focuses on healthcare and key infrastructure has hit a new low and is claiming accountability for a vital breach into the IT techniques of a major nonprofit, believed to be Save The Children International. 
The group alleges to have stolen virtually 7 terabytes of information, together with worldwide HR information, private information, and over 800GB of monetary data, e-mail communications, and well being and medical information. 
The information theft seems to be a part of an extortion try, with the group probably to leak or promote the data if their ransom calls for aren’t met. Save The Children International, a main nonprofit working in 116 nations with revenues of $2.8 billion, has been aiding kids since 1919. BianLian, infamous for concentrating on healthcare and essential infrastructure sectors, has been energetic since June 2022. The group has developed its techniques, shifting from double-extortion to pure extortion, excluding information encryption.
An article in the Register quotes VX-Underground, as saying: “BianLian ransomware group wants to be punched in the face.” Breaking into and extorting a nonprofit whose focus is to make kids “more healthy, safer and higher educated” appears beneath even the bottom rung of cyber-criminal ladder.
Source included: The Register
A brand new research confirmed how AI might speed up software improvement, creating a company that was in a position to develop a major piece of software in 7 minutes at a price of about 1 greenback. 
The research claims the generated software techniques had an execution success price of roughly 87 per cent.
In the research carried out by Brown University and a number of Chinese universities, AI bots have been used to run a digital software-development company named ChatDev with solely minimal human intervention. The company was structured based mostly on the waterfall mannequin, encompassing designing, coding, testing, and documenting phases. AI bots have been assigned particular roles and communicated with one another to full the software improvement course of. 
While the research showcased the potential of generative AI in software improvement, it additionally highlighted some limitations, together with errors and biases in the language fashions. Thank god all of the software people generate is ideal the primary time, or we could be in actual hassle. 
And I’m excited about beginning my very own enterprise capital agency to make investments in actual AI start-ups. I’m keen to throw in ten bucks for start-up capital. 
Source included: Business Insider 
Okay, so yesterday I made some wisecrack about how we must always perhaps be utilizing AI to resolve a few of our carbon footprint challenges.  
It seems that Jensen Huang, NVIDIA’s chief, has been doing simply that – participating in in depth conversations with ChatGPT in regards to the potential of generative AI in addressing real-world challenges, equivalent to dissolving plastics and decreasing carbon emissions. 
He believes AI can sort out environmental points, together with decreasing oceanic plastic waste and capturing carbon emissions. 
It’s not a completely new concept. Before the rise of generative AI chatbots, the main target was on protein folding. NVIDIA sees immense potential in this space, particularly after Google DeepMind’s AlphaFold addressed the protein folding problem. Huang believes that understanding protein folding can lead to options like environment friendly biofuel manufacturing, carbon seize, and sustainable protein sources.
And simply to get us one higher, NVIDIA has additionally launched BioNeMo Cloud, a set of generative AI cloud companies accelerating drug discovery. This service has been adopted by pharmaceutical giants like Amgen and startups like Evozyne. NVIDIA’s platform, NVIDIA Clara, additional advances drug discovery, integrating AI, information evaluation, and visualization. With its dedication to protein folding and drug discovery, NVIDIA is poised to make vital strides in leveraging AI for the betterment of us all.
Source included: Analytics India Mag
That’s the highest tech information tales for as we speak.  Hashtag Trending goes to air 5 days a week with a particular weekend interview present we name “the Weekend Edition.”
You can get us wherever you get audio podcasts and there’s a copy of the present notes at itworldcanada.com/podcasts 
I’m your host, Jim Love. Have a Wonderful Wednesday!


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