11 Trending AI News and Ratings

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) focuses on AI through its advanced cloud solutions, AI-powered business applications, and cutting-edge language processing and computing technologies.

Microsoft (NASDAQ:MSFT) said that its Digital Crimes Unit (DCU) is taking legal action to combat cybercriminals who develop tools to bypass safety measures in generative AI services, including Microsoft’s. The company has discovered that a foreign-based group exploited exposed customer credentials to access and alter AI services for malicious purposes. Microsoft revoked access, implemented countermeasures, and strengthened security. The ongoing investigation, which is supported by a court order, aims to seize illicit infrastructure and gather evidence on the criminals behind these activities. In a blog post, the company wrote:

“Microsoft’s AI services deploy strong safety measures, including built-in safety mitigations at the AI model, platform, and application levels. As alleged in our court filings unsealed today, Microsoft has observed a foreign-based threat–actor group develop sophisticated software that exploited exposed customer credentials scraped from public websites. In doing so, they sought to identify and unlawfully access accounts with certain generative AI services and purposely alter the capabilities of those services. Cybercriminals then used these services and resold access to other malicious actors with detailed instructions on how to use these custom tools to generate harmful and illicit content. Upon discovery, Microsoft revoked cybercriminal access, put in place countermeasures, and enhanced its safeguards to further block such malicious activity in the future.”