Australia Announces Tougher Fines for Data Breaches Following Recent Cyberattacks Australia on Saturday proposed tougher penalties for companies that fail to protect customers’ personal data after two major cybersecurity breaches left millions vulnerable to criminals. The penalties for serious breaches of the Privacy Act would increase from AUD 2.2 million (nearly Rs. 11 crore) now to AUD 50 million (nearly Rs. 260 crore) under am...
OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini OpenAI released two open-source artificial intelligence (AI) models on Tuesday. This marks the San Francisco-based AI firm’s first contribution to the open community since 2019, when GPT-2 was released in open-source. The two new models, dubbed gpt-oss-120b and gpt-oss-20b, are said to offer comparable performance as the o3 and o3-mini models.
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