Top Tech News Today: ChatGPT’s False Accusations Trigger Defamation Lawsuit Against OpenAI by Radio Host. Crypto Regulations in the Works by US Senator Lummis Despite SEC Lawsuits.

OpenAI faces its first defamation lawsuit over false information generated by ChatGPT

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

What's New Today: More layoffs at Better.com months after Zoom call mass firing.

Fast-Track Insights: Crypto regulations in the works by Senator Lummis despite SEC lawsuits.

Radio personality Mark Walters has issued a defamation case against OpenAI, the Microsoft-backed company that created ChatGPT, alleging slander. According to Walters, ChatGPT created bogus information that damaged his reputation. The Verge reported that ChatGPT had made a bogus accusation against Walters of scamming and embezzling money from a non-profit organization. When reporter Fred Riehl asked ChatGPT for information regarding Mark Walters, the event started to take place.

Better.com, an American online mortgage lender that fired 900 staff members by Zoom call, is said to have started a new wave of layoffs, firing the whole real estate team and closing down the division. To transition from an "in-house agent" model to a "partnership agent," the corporation implemented layoffs. There was little to no severance pay. According to rumors, the precise number of employees in the real estate section is still unclear. However, a worker who was let go in this round claimed Better.com provided 'little to no severance' to those who were let go, adding that he had his pay reduced by 50% in November of last year.

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