Cyber Fraud 📈, Global AI 🌐, Tim Cook Impersonator 🕵️‍♂️

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to the NextBigWhat Daily News! Today's headlines include 212% surge in cyber fraud incidents in Delhi, India proposing a global AI regulatory body, and Tim Cook impersonator on Instagram. 🤔 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( Cyber fraud incidents surge 212% until August in Delhi with minimal recovery and arrests - Notable case: a doctor lost Rs 4 crore, tricked by a gang impersonating Narcotics officials. - Over 25,000 cases have been filed against last year’s 8,000, resulting in financial loss exceeding Rs 200 crore. - Authorities have only managed to recover 2-8% of the defrauded money. False Instagram account impersonating Apple’s Tim Cook raises concerns - An Instagram account impersonating Apple CEO, Tim Cook, has falsely led users to believe he joined the platform. - Despite being followed by some Apple executives, experts confirmed the account is dubious. - Efforts are underway by Apple to take down the fake account, leaving questions about the executives’ previous follows. From BROKE Selling Flowers to 150 Million Net Worth | Matt Higgins (Podcast Summary) [NBW Newsletter Ad]( SAVE TIME. GET KEY IDEAS FROM THE PODCAST ON ATOMICIDEAS Matt Higgins has been on Shark Tank as one of the sharks, he’s vice chairman of the Miami Dolphins, guest lecturer teaching at Harvard, and CEO of a private investment firm, RSE Ventures among other things. [Get it]( Huawei expected to resume Kirin chipsets production despite U.S. restrictions - Huawei rumored to introduce new chipsets: Kirin 720, Kirin 830, and Kirin 9100. - Chinese foundry, SMIC, might manufacture new Kirin chips using its N+2 (7nm) node. - Another method involves stacking two 14nm chips to attain 7nm performance and efficient power consumption. Asus Zenfone 10 Marks the Finale of the Zenfone Lineup - Asus begins pre-orders for the Zenfone 10 in the US, reportedly the last of the series. - Asus purportedly ends Zenfone division amid company-wide restructuring, shifting focus to ROG Phone team. - Despite solid reviews for recent Zenfone editions, the brand has traditionally been in the Android market’s background. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Motorola Set to Release Phone Module Enabling Satellite Calls and Messages - Motorola’s upcoming accessory will allow two-way satellite calling and messaging, offering a differentiation in the smartphone market. - The module, that connects to China’s Tiantong-1 satellite, follows other brands such as Apple and Huawei in offering satellite connectivity. - Incomplete information on international rollout, price and availability, but the existing Motorola Defy 2 phone already supports satellite connectivity. India Proposes Formation of Global AI Regulatory Body - Indian Prime Minister Narendra Modi calls for global ethical AI framework in upcoming G20 summit. - Telecom Regulatory Authority of India (TRAI) recommends domestic statutory authority to regulate AI and advocates for international collaborations. - India’s government, initially hesitant on AI law, is considering specific regulations under the proposed Digital India Bill. India’s Quick Digital Transformation Paves Way for Worldwide Adoption: Nandan Nilekani - India’s digital transformation has significantly shortened delivery of services and economic growth, says Infosys Co-Founder, Nandan Nilekani. - Digital ID system Aadhaar led to the rise of crucial digital services that assisted India in managing the COVID-19 pandemic. - Nilekani emphasized the model’s global recognition and upcoming adaptation by 50 countries over the next five years. PM Modi Calls for Consumer-Centric Business and Integrated Crypto Approach at B20 Summit - PM Modi emphasized on ‘consumer care’, suggesting an ‘international consumer care day’ for improving relations between businesses and consumers. - He called for an integrated strategy to tackle cryptocurrency issues and celebrated India’s recent lunar mission. - The prime minister underscored the importance of green energy and India’s role in creating efficient global supply chains. Study Reveals High Error Rate in ChatGPT Cancer Treatment Recommendations - Researchers found one-third of ChatGPT’s cancer treatment suggestions contained errors. - The AI model mixed correct and incorrect details, complicating accuracy detection. - Despite passing US medical licensing exams, the ‘hallucinations’ in chatbot suggestions present barriers to their medical uses. Hollywood Embraces AI Tools to Augment, Not Replace, Artists - AI and generative tools are being increasingly utilized in film and TV production. - VFX artists use AI to speed up labor-intensive processes, improve match with the desired look, and maintain artistic control. - Concerns exist over potential AI threat to creative professions and irresponsible decisions by uninformed leaders. Meta and Ray-Ban’s Next Venture to Include AI-Assistant in Smart Glasses - The second version of Ray-Ban Stories, dubbed ‘Supernova’, is under development featuring a built-in AI assistant. - Potential renaming of ‘Facebook View’ to ‘Meta View’ is expected along with added Facebook live-streaming capabilities. - Despite being feature-packed, ‘Supernova’ is not classified as AR glasses but it’s designed to fill a niche before the arrival of full-fledged AR products. Alibaba Introduces New AI Models Capable of Understanding Images and Having Complex Dialogues - Alibaba unveils advanced AI models Qwen-VL and Qwen-VL-Chat, with enhanced image understanding and conversation capabilities. - Qwen-VL can generate image captions and respond to open-ended queries, while Qwen-VL-Chat caters to more complex interactions. - Both models will be open-source, enabling development of AI applications without any need for systems-training, thus reducing cost and effort. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](