Artificial intelligence development raises concerns about control over future capabilities
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Artificial intelligence development raises concerns about control over future capabilities

The launch of the GPT-6 Astra model by OpenAI and its declaration of achieving Artificial General Intelligence (AGI) have once again raised questions about how far AI capabilities can advance without more robust safeguards.

Recent reports that AI agents were able to bypass security systems, along with warnings that increasingly autonomous systems could facilitate cyberattacks, create biosecurity risks, and become harder to monitor, have intensified calls for increased oversight from governments and AI safety experts.

These concerns arise against the backdrop of an accelerating global AI race, as the US and China prepare for bilateral talks in mid-September to discuss voluntary restrictive measures aimed at preventing covert cyberattacks by autonomous AI swarms.

Domestically, in India, the Initial Public Offering (IPO) process continues, with NoPaperForms updating the draft documents for the proposed offering, which includes a new issuance of 375 crore rupees and a sale offer from its subsidiary, Info Edge.

Meanwhile, FSN E-Commerce Ventures, the parent company of Nykaa, acquired an additional 24.2% stake in the beauty and personal hygiene brand Earth Rhythm for up to 9.4 crore rupees. The company announced that the deal was completed and the acquired shares were credited to its demo account.

Furthermore, attention in the consumer electronics segment is shifting towards the Apple event scheduled for September 9th, where leaks and speculation point to a possible debut of a foldable iPhone.

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