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Top Tech News Today: Code by ChatGPT Reveals Data Secrets. Bitcoin Surges, Other Crypto Lags

Written By : Harshini Chakka

Activating Data's Power Uncovering Secrets and Revealing Insights, ChatGPT's Innovative Code

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

What's New Today: Vahan Hires 4 Lakh Workers in 200 Cities for Festive Season

Fast-Track Insights: Bitcoin Surges, Other Crypto Lags

In a first-of-its-kind demonstration, researchers played around with ChatGPT and five other commercial AI tools to construct malicious code that may erase important data, leak private information from online databases, or interfere with database cloud services. Companies like Baidu and OpenAI, which make some of the AI tools, have already changed their operations as a result of the effort to stop malevolent individuals from abusing their weaknesses. Xutan Peng, who co-led the study while at the University of Sheffield in the UK, said, "It's the very first study to demonstrate that vulnerabilities of large language models can be exploited as an attack path to online commercial applications."

Vahan, a platform that hires delivery partners, recently revealed that it has deployed more than 4 lakh delivery riders in 200 Indian cities, including some Tier 3 and Tier 1 towns. The brand made this statement right before the holidays when most brands will be having their special festival sales. With this move on the side of the company, Vahan is now the biggest delivery hiring platform in India for companies like Uber, Zepto, Amazon, Flipkart, Rapido, Swiggy, and Zomato, to mention a few.

On Tuesday, Qualcomm provided details about a chip designed for Microsoft's Windows-based laptops. The company claimed that this chip, called Snapdragon Elite X, would outperform Apple's Mac computer chips in certain tasks. The redesigned Snapdragon Elite X chip, set to be available in laptops in the coming year, is optimized for handling artificial intelligence (AI) tasks, including tasks such as email summarization, text generation, and image creation. These AI capabilities will also be integrated into Qualcomm's smartphone chips, with Google and Meta planning to leverage them. Read More

Although the price of Bitcoin temporarily crossed $35,000 this week, and some analysts believe that increasing participation from small investors could be positive for the market going forward, the gain in the cryptocurrency hasn't benefited the rest of it. According to André Dragosch, Head of Research at Deutsche Digital Assets, trading in response to reports of a possible approval of a spot bitcoin exchange-traded fund (ETF) accelerated, driving up the price above $30,000 and driving out shorts. Over the last three days, the short squeeze caused more than $250 million worth of short bets to be liquidated, according to Coinglass statistics. Simultaneously, the Bitcoin Dominance Index (BDI), which gauges Bitcoin's proportion of the whole cryptocurrency market, hit levels not seen since April 2021.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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