AI News Roundup: SEC Probing OpenAI Over CEO Firing

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SEC investigates OpenAI

The U.S. Securities and Exchange Commission (SEC) is looking into whether OpenAI misled company investors during last year’s boardroom debacle in which CEO Sam Altman was fired and then rehired within days.

The Wall Street Journal reports that internal communication by Altman is being looked at by the SEC.

During Altman’s short-lived ousting, OpenAI said the CEO was “not being consistently candid with the board.”

The SEC is now looking into the matter, having subpoenaed OpenAI last December. The Journal reports that the agency has also requested to see communication from current and former company officials.

Altman was fired on November 17, only to return five days later following an employee rebellion.

The SEC’s investigation is the second probe to have emerged in the wake of the firing. The U.K.’s competition regulator announced last December that it was investigating Microsoft’s partnership with ChatGPT developer OpenAI.

Google Gemini is coming to Stack Overflow

Popular coding Q&A platform Stack Overflow is teaming up with Google Cloud to bring AI features to its developer platform.

Google Cloud will integrate Gemini with Stack Overflow, with developers able to use the model to help with their coding queries.

Stack Overflow will provide Google Cloud with its library of technical knowledge to provide access to an array of knowledge and code.

"This partnership brings our enterprise AI platform together with the most in-depth and popular developer knowledge platform available today," said Google Cloud CEO Thomas Kurian, in a statement.

Vimeo launches AI video hub

Video hosting platform Vimeo has launched Vimeo Central, an AI-powered hub where business users can communicate through video.

Vimeo Central is designed to centralize communication between teams, with users able to condense meetings into highlight reels and generate text-based summaries.

Vimeo’s new hub boasts integrations with Zoom, Webex, Google Drive, Dropbox and Box so users can upload and embed videos.

AI21 unveils dedicated summarization model

AI startup AI21 has launched a new model specifically designed for summarizing conversations.

AI21 unveiled Summarize Conversation, which provides insights from transcripts, meeting notes and chats.

The startup said the task-specific model can save enterprises time and could help support calls for customer service agents or sift through earnings reports.

“By providing grounded responses and concise summaries based on an organization’s own data, we are empowering teams to make better and more informed decisions, without the need for extensive training or prompt engineering," said Ori Goshen, co-CEO and co-founder of AI21, in a statement.

The new model is available via AI21’s suite of Task-Specific Models, which already includes Contextual Answers that allows businesses to add information query capabilities into their applications.

Norton Rose Fulbright announces U.S. AI practice team

Law firm Norton Rose Fulbright has created a dedicated AI practice in the U.S.

Norton’s new practice team will cover AI regulatory advice and guidance, data protection and use and intellectual property protection and enforcement.

Partner Chuck Hollis, who is based in Atlanta, Georgia, will serve as the firm’s U.S. head of AI.