Most Read: White House Takes on Illicit Chatbots, IBM’s New AI Cybersecurity Assistant

Here are the most-read stories on AI Business this week.

White House Targets Time-Wasting Chatbots in ‘Time is Money’ Campaign

The Biden administration launched a new campaign this week to crack down on businesses wasting consumer time, including rules on customer service chatbots.

The “Time Is Money” campaign directs the Consumer Financial Protection Bureau (CFPB) to create rules that would crack down on “add unnecessary headaches and hassles to people’s days and degrade their quality of life.”

Customer service chatbots are a primary focus of the campaign. The CFPB will be given powers to take action against businesses illicitly using chatbots.

For instance, the government aims to crack down on chatbots that utilize AI-generated voices to deceive consumers into believing they are communicating with a real individual.

Learn more about the new campaign against illicit chatbots

IBM Launches AI-Powered Cybersecurity Assistant for Threat Detection

IBM has launched a new generative AI-powered cybersecurity tool designed to enhance managed threat detection and response services. 

The IBM Consulting Cybersecurity Assistant aims to accelerate and improve the identification, investigation and response to critical security threats for clients.

Built on IBM's watsonx data and AI platform, the assistant will be incorporated into IBM Consulting's threat detection and response practice as well as its AI services platform, IBM Consulting Advantage.

Related:Musk xAI Launches Grok-2, Mini Version With Improved Reasoning Skills

IBM’s Cybersecurity Assistant can autonomously perform tasks such as opening or summarizing tickets, running queries, pulling logs, explaining commands and enriching threat intelligence.

Read more about IBM’s new generative AI cybersecurity assistant

Samsung Unveils Ultra-Slim Chips for Faster On-Device AI

Samsung has kicked off mass production of its LPDDR5X DRAM semiconductors, tiny chips as thin as a fingernail to improve how mobile devices run AI workloads.

They are the industry’s thinnest 12 nanometer (nm)-class memory chips and come in two sizes: 12GB and 16GB.

The chips are designed to process memory workloads directly on the device, enabling the phone’s operating system to work faster with storage devices to more efficiently handle AI workloads.

Samsung’s new LPDDR5X units are ultra-slim to provide more space in a mobile device.

Uncover more about how the new chips will power Samsung’s new Galaxy AI features

$450M in CHIPS Act Funds Awarded for Indiana Chip Plant

A Korean semiconductor company has secured $450 million from the CHIPS and Science Act to support the construction of a state-of-the-art fabrication and research and development facility in West Lafayette, Indiana.

Related:Google Unveils Gemini Live Voice Assistant to Rival ChatGPT Voice Mode

SK Hynix was awarded the funding by the Commerce Department for the new facility that will specialize in producing high-bandwidth memory chips, designed to handle large volumes of data and complex computations. 

These chips are essential for powering high-performance computing and AI applications. They can process up to 1.18 terabytes of data per second — equivalent to streaming 230 full HD movies at once — making them crucial components in hardware like GPUs.

SK Hynix’s proposed chip plant is anticipated to come online at the beginning of the second half of 2028 and will create around 1,000 new jobs.

Check out more on the latest CHIPS Act funding project

OpenAI Under Senator Scrutiny Over Employee Disclosure Policies

Senior Republicans have questioned OpenAI about its policy regarding staff members speaking to regulators about the company's practices.

The letter, obtained by the Washington Post, was written by Senator Chuck Grassley and asks CEO Sam Altman to confirm that employees are allowed to engage with regulatory bodies without facing any retaliation.

Some employees have raised concerns about the company's practices, expressing worry that safety is being overlooked in favor of quickly getting products to market. OpenAI’s former chief scientist and co-founder Ilya Sutskever recently left the company over similar concerns to establish his own AI research lab focusing on safety.

Senator Grassley wrote to Altman expressing concern that the company's agreements “may be stifling employees from making protected disclosures to government regulators.”

Read more on the latest scrutiny facing OpenAI