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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.
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.
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.
Google’s deal with Apple looms large as antitrust trial winds down
With the last witness being called to the stand this week in the Google antitrust trial, the tech giant’s default search deal that delivers billions each year into the coffers of its rival Apple will be key to the presiding judge's...
OpenAI's ChatGPT turns one year old; what it did (and didn't do)
During the past 12 months, ChatGPT has fundamentally changed the landscape of AI. While warnings of impending doom from AI self-awareness still hang in the air, the technology has also surprised many by taking on tasks never thought...
UK’s Ofcom outlines draft codes of practice for enforcing online safety
Two weeks after the UK government passed the Online Safety Act into law, the regulator responsible for enforcing the legislation has set out its draft guidance for companies that fall under its scope.
Q&A: ServiceNow CIO sees an 'iPhone moment' for genAI
Chris Bedi has been involved in a full-court press to take advantage of the productivity, efficiency, and efficacy capabilities of artificial intelligence for years. But when ChatGPT launched a year ago, everything changed.
Global AI Safety Summit shows need for collaborative approach to risks
While there were positive results from this week’s global AI Safety Summit, it's clear that a gulf remains in how individual countries are seeking to mitigate what they believe the biggest risks are.
China, US, and EU agree to work together on AI safety
The Bletchley Declaration, signed at the UK AI Safety Summit, will form a common line of thinking that would oversee the evolution of AI and ensure that the technology is advancing safely.
What exactly will the UK government's global AI Safety Summit achieve?
With the first global AI Safety Summit beginning in the UK on Nov. 1, questions remain over whether the event will facilitate a meaningful outcome and if there will ever be a global consensus on AI regulation.
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