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US lawmaker wants probe of UAE firm with ties to OpenAI, Microsoft
G42 is connected to Chinese companies and entities blacklisted by the US government and could pose a threat to current trade oversight.
EU to review Microsoft’s investment in OpenAI
The competition inquiry comes amid heightened copyright scrutiny involving the use of OpenAI’s generative AI tools.
OpenAI: GenAI tools can’t be made without copyrighted materials
The company’s assertion is likely to add fuel to the fast-evolving legal debate over generative AI and intellectual property rights.
The top 10 tech stories of 2023
The most notable technology news of 2023 shows that as generative AI and geopolitics roil the technology industry, there is growing unease about the dominance of big tech companies.
Adobe, Figma pull the plug on $20 billion merger
Regulatory resistance to a blockbuster merger between Adobe and web-based design tool maker Figma prompted the companies to pull out of the deal today.
New EU rules mean every tech firm will want to impress Mother Earth
In part, the EU regulations echo a conversation Apple joined when it broadcast the ‘Mother Earth’ video at the iPhone 15 launch.
Andreessen Horowitz will pay politicians to deregulate AI and crypto
a16z’s co-founder Ben Horowitz announced that the VC firm will try to influence US policies on AI and crypto to ensure unregulated development of the technologies.
Adobe anticipates ‘significant penalty’ for complex cancellation practices
Adobe shares dropped about 5% in after-hours trading on Wednesday following the company’s SEC filing and Adobe’s announcement of lower revenue forecasts for 2024.
Why billions of CHIPS Act dollars have not been distributed
The Department of Commerce said it is still in complex negotiations with chip manufacturers to ensure the federal funding is wisely spent on providing a base for new fabs and research facilities.
EU lawmakers move closer to finalizing AI Act
The final draft could exempt free and open source AI licenses from regulation unless they come in the high-risk category.
Spanish media's $600M suit against Meta is based on GDPR noncompliance
An association representing 83 Spanish media outlets accuses the company of having a competitive advantage based on violations of EU data-protection regulations and could set a precedent for future cases.
Singapore makes key policy shifts in revised national AI strategy
One of the first countries to come out with an AI policy in 2019, Singapore has now revised its AI strategy in line with the rapid development of the technology.
GenAI is highly inaccurate for business use — and getting more opaque
As generative AI platforms ingest greater oceans of data and get connected to more and more corporate databases, researchers are sounding an alarm: the tools are highly inaccurate and becoming more inscrutable.
UK says Adobe's $20B deal for Figma would hurt graphic design market
The UK's Competition and Markets Authority (CMA) has objected to Adobe's acquisition of graphic design company Figma, adding to the EU and US concerns about the deal.
EU Commission to Amazon: iRobot purchase could leave competitors in the dust
Regulators have expressed formal objections to the proposed $1.7-billion buyout of the robotic vacuum maker over concerns it will limit competition.
Digital advocacy group criticizes current scope of the EU AI Act
In an open letter signed by members of Digital Europe, the group warned that over-regulation of the AI industry could negatively impact the region’s ability to become a global leader in the technology.
EU Commission issues objections to Adobe's $20B Figma acquisition
The EU Commission has published a Statement of Objections, outlining the ways in which an Adobe-Figma merger could potentially reduce competition in the global interactive product design software market.
Microsoft welcomes Biden’s new AI order — is that a good thing or bad?
When the US government last month moved to put guardrails around the use of generative AI, big tech firms were surprisingly quick to welcome the move.
Meta and ByteDance dispute gatekeeper status of platforms under EU’s DMA
After the EU named Facebook Messenger and Marketplace, and TikTok gatekeeper platforms under its Digital Markets Act, both parents companies have decided to launch legal challenges against the designation.
