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New EU AI Act Takes Effect: Here's How Apple, Meta, Google, And Other US Tech Titans Will Be Impacted
Thursday, August 1, 2024 - 5:50am | 644The European Union’s groundbreaking AI Act, a legislation aimed at regulating artificial intelligence, officially comes into effect today, bringing significant changes for American tech giants. What Happened: The AI Act, which was approved by EU member states, lawmakers, and the European...
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Apple Joins Meta And Google, Pledges Support For Biden's AI Regulations
Friday, July 26, 2024 - 9:28am | 493In a recent development, Apple Inc. (NASDAQ:AAPL) has committed to the voluntary artificial intelligence (AI) safeguards set by President Joe Biden‘s administration. What Happened: Along with Apple Inc., other industry giants such as OpenAI Inc., Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (...
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Kamala Harris On AI, TikTok And Big Tech Breakups: 'Privacy Is Not Being Compromised'
Monday, July 22, 2024 - 12:57pm | 726The potential appointment of Vice President Kamala Harris as the Democratic Party nominee could put artificial intelligence and big technology companies in the spotlight leading up to the 2024 presidential election. Harris On AI: Harris, who received President Joe Biden‘s endorsement as the...
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Mark Cuban Warns US AI Regulations Could Give China The Edge After OpenAI's Sora Faces New Threat From Chinese Company
Monday, June 10, 2024 - 4:40am | 709Billionaire entrepreneur Mark Cuban thinks that efforts by the U.S. government and investors in proprietary large language models to regulate artificial intelligence (AI) will end up giving the lead in this critical field to Chinese companies. What Happened: Reacting to a post talking about a...
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Google's Ex-CEO Eric Schmidt, Amazon, Salesforce Propel France's Ambition To Be Global AI Leader
Friday, May 31, 2024 - 2:55am | 591France is making strides in its bid to become a global leader in artificial intelligence (AI), backed by major U.S. tech companies. What Happened: France is positioning itself as the next AI superpower. The recent Viva Technology conference in Paris highlighted the nation’s progress in AI,...
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Chuck Schumer Offers To Provide AI Regulation Framework For Healthcare, Labor Rights, And 'Doomsday Scenarios' As US Looks To Catch Up With EU
Thursday, May 9, 2024 - 7:33am | 666Senate Majority Leader Chuck Schumer (D-N.Y.) has announced plans to introduce a legislative roadmap for AI regulation in the U.S., looking to catch up to the European Union which unveiled its framework in March. What Happened: Schumer revealed his plans during an AI summit in Washington, D.C. on...
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US Mulls Over Regulations To Restrict China's Access To Advanced AI Software Behind Apps Like ChatGPT
Wednesday, May 8, 2024 - 8:35am | 760The Biden administration is reportedly contemplating the introduction of new regulations aimed at curbing China’s access to advanced AI models, such as those utilized in ChatGPT. What Happened: According to three sources privy to the matter, the Commerce Department is considering a regulatory...
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Paul Graham Slams AI Regulation After Person Assisting UK Government Said He 'Wasn't Sure Yet' What They Were Going To Regulate: 'Most Intelligent Thing...So Far'
Wednesday, May 1, 2024 - 9:31am | 658Venture capitalist and Y Combinator cofounder Paul Graham expressed skepticism over the U.K. government’s unclear plans for AI regulation, sparking a discussion on the challenges of AI governance. What Happened: On Wednesday, Graham, a prominent figure in the tech industry, took to X,...
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Biden Administration To Release Key AI Executive Order On Monday: Report
Thursday, October 26, 2023 - 1:55am | 554The Joe Biden administration could disclose a crucial executive order focused on artificial intelligence on Monday, reported Reuters, based on several media reports. This order is expected to include key provisions around AI use and immigration barriers for highly skilled workers. What Happened:...