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Phia, the buzzy AI shopping tool, was pulling far more user data than disclosed, security researchers say

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Phia, an AI shopping agent co-founded by Bill Gates’ daughter Phoebe Gates, has been collecting more than just users’ fashion preferences through its desktop browser extension. Four cybersecurity researchers told Fortune that the company’s browser extension, which is aimed at simplifying price comparisons for users, has been capturing a concerning amount of users’ information. In … Read more

A whopping 72% of S&P 500 companies disclosed AI as a ‘material risk’ on their 10-Ks this year

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AI is everywhere these days—and that means so is AI risk. Among S&P 500 companies, 72% mentioned AI as a material risk on their Form 10-Ks this year, the Conference Board found, up from 58% last year and 12% in 2023. The shift is reflective of how AI use within business has matured from the experimental to … Read more

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