ChatGPT Goes Rogue, AI Takes On Cybersecurity, Smalls Plans to Take Over the Feline Food Industry, Newegg's AI PC Builder Fails, and Robinhood Pays the Price

ChatGPT Goes Rogue: Europol Warns of Potential Criminal Misuse of Language Models

• Europol has produced a report warning of the potential misuse of large language models (LLMs) like ChatGPT by criminals and bad actors.

• The report highlights three main areas of concern: fraud and social engineering, disinformation, and cybercrime.

• ChatGPT's ability to produce authentic-sounding text quickly and at scale makes it an attractive tool for criminals to use for phishing, propaganda, and producing malicious code.

• Europol warns that LLMs will continue to improve, and it's crucial for law enforcement agencies to stay up to date with the technology to prevent its abuse.

• The report provides a "grim outlook" on the future of LLMs and their potential to be exploited for nefarious purposes.

AI Takes On Cybersecurity But Still Needs a Human Backup: Experts Say

• Scientists from the Pacific Northwest National Laboratory have tested deep reinforcement learning (DRL) in a simulation setting and found that it can effectively prevent sophisticated cyberattacks up to 95% of the time.

• DRL is a powerful decision-support tool that enables cybersecurity experts to take proactive steps to prevent cyberattacks and offers a more comprehensive approach to cybersecurity.

• The researchers presented their findings at a workshop on AI for Cybersecurity, where they highlighted the potential of DRL in protecting computer networks.

• DRL combines reinforcement learning and deep learning and is effective in situations where a series of decisions in a complex environment need to be made.

• While DRL offers great potential, coauthor Arnab Bhattacharya warns that we are nowhere near the stage where AI can replace human cyber analysts, and human feedback and guidance are essential.

Purrfectly Positioned: Smalls Raises $19M to Take Over the Feline Food Industry and Open a Cat Cafe!

• The pet industry has experienced significant growth during the pandemic, with spending predicted to more than double by 2030 to $277 billion.

• Dog-focused products dominate the market, but startups like Smalls are working to cater to cats as well.

• Smalls has raised $19 million in Series B funding, bringing the total to $34 million, and plans to open a cat café in New York and expand into retail.

• The new funding will also allow Smalls to increase its headcount by 25% and continue investing in product innovation.

• Smalls has seen significant growth since 2017, doubling both customers and revenue, and has a path to profitability.

Newegg's AI PC Builder: When the ChatGPT Can't Quite ChatGPT

• Newegg has integrated ChatGPT, an AI system, throughout its site, including the PC builder tool.

• Users can ask the AI to suggest parts for their computer and make purchases.

• However, the AI is not perfect and has made perplexing choices, such as using last-gen Intel CPUs instead of newer ones, recommending DDR4 RAM for a DDR5 motherboard, and going over budget despite the availability of cheaper parts.

• The AI builder is in beta and requires users to double-check parts for compatibility and nuances.

• Users can add suggested builds to their list for further consideration and error correction.

Robinhood Pays the Price for Pandemic Trading Woes: $10 Million Fine!

• Robinhood is expected to pay over $10 million in fines to the California Department of Financial Protection and Innovation for operational and technical failures during the pandemic-hit March of 2020 that left many customers unable to trade on the platform.

• The investigation by state securities regulators found that Robinhood did not undertake due diligence before allowing options trading, failed to notify complaints to a regulator, and failed to oversee technology necessary for providing users with fundamental broker-dealer services.

• Robinhood's platform encountered system disruptions in March 2020, causing customers to miss out on trades while many site features were inaccessible.

• Seven states agreed to the terms of the settlement, including Alabama, Colorado, California, Delaware, New Jersey, South Dakota, and Texas.

• The news resulted in a 3% increase in Robinhood's stock price.