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AI roundup [April 16]: UK to develop AI regulations, Microsoft invests $1.5 billion in G42, more

16Apr

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AI roundup [April 16]: UK to develop AI regulations, Microsoft invests $1.5 billion in G42, more

[ad_1] AI roundup, April 16: The United Kingdoms in all aboard to draft country's AI regulations on powerful tools such as OpenAI's ChatGPT. The regulation will be set to restrict or eliminate the potential harm of the emerging technology. In other news, Microsoft will be investing $1.5 billion in a United Arab Emirates-based artificial intelligence company named G42. The partnership is approved by the U.S. and UAE governments. Check out similar AI news from today.1. UK has started to develop AI regulations to eliminate the risksThe UK has started to draft its AI regulation which will be applied to the new emerging technologies and large language models. These regulations will also be enforced on the current and future AI tools. These AI regulations are expected to eliminate the potenti...

Tech Budget 2024: How India’s interim union budget is set to shape AI for all

1Feb

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Tech Budget 2024: How India’s interim union budget is set to shape AI for all

[ad_1] As India charts its course towards becoming an artificial intelligence (AI) powerhouse, the Union Budget for 2024-25 assumes critical significance, building on the substantial groundwork laid in the previous fiscal year. With a focus on ethical safeguards, upskilling initiatives, and supportive policies for startups, the budget is likely to aim at fortifying the nation's AI sector for sustained growth.Ethical AI Practices: Governance and RegulationRecognizing the potential biases that AI systems may inherit from non-uniform data distribution, the budget may emphasise the necessity of regulations. Governance regulations to establish ethical standards for AI developers and companies. Drawing inspiration from the Digital Personal Data Protection (DPDP) Act, the government is likely ...

5 things about AI you may have missed today: AI hints fingerprints are not unique, secret talks on AI risks, more

12Jan

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5 things about AI you may have missed today: AI hints fingerprints are not unique, secret talks on AI risks, more

[ad_1] OpenAI CEO Sam Altman and the U.S. House Speaker conferred on risks posed by artificial intelligence (AI) amid regulatory challenges; US and Chinese AI companies hold secret talks on AI safety concerns; Pipefy launches AI-driven HR automation with customisable chatbots; Google Cloud unveils generative AI tools to transform retail experiences- this and more in our daily roundup. Let us take a look.1. OpenAI CEO and U.S. House Speaker confer on AI risks amid regulatory challengesOpenAI CEO Sam Altman and U.S. House Speaker Mike Johnson met to discuss AI risks on Capitol Hill. Amid Democratic efforts for AI regulation, a divided Congress is hampering progress. Altman emphasised the balancing of AI benefits and risks and expressed anticipation for legislative action. The aim of the m...

5 things about AI you may have missed today: MIT rolls out AI governance paper; Nvidia eyes Vietnam as 2nd home for AI

11Dec

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5 things about AI you may have missed today: MIT rolls out AI governance paper; Nvidia eyes Vietnam as 2nd home for AI

[ad_1] AI Roundup: Several notable developments took place in the field of artificial intelligence (AI) today, December 11. US chipmaker Nvidia announced that it will support the development of AI as well as digital infrastructure in Vietnam. Meanwhile, Rakuten CEO Hiroshi Mikitani said the company is developing its proprietary AI model. In a new development, scholars and leaders have MIT have released a white paper on AI governance.All this, and more in today's AI roundup. 1. Nvidia to support AI development in VietnamUS chipmaker Nvidia on Monday announced that it will partner with the top tech firms in Vietnam and will support the development of AI as well as digital infrastructure in the country. Bloomberg quoted reports as saying that Nvidia sees Vietnam as a potential second home....

What are Europe’s New AI regulations? Prohibited AI to High-Risk Systems, Check Out Top 5

10Dec

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What are Europe’s New AI regulations? Prohibited AI to High-Risk Systems, Check Out Top 5

[ad_1] European Union policymakers and lawmakers clinched a deal on Friday on the world's first comprehensive set of rules regulating the use of artificial intelligence (AI) in tools such as ChatGPT and in biometric surveillance.They will thrash out details in the coming weeks that could alter the final legislation, which is expected to go into force early next year and apply in 2026. Until then, companies are encouraged to sign up to a voluntary AI Pact to implement key obligations of the rules. Here are the key points that have been agreed:HIGH-RISK SYSTEMSSo-called high-risk AI systems - those deemed to have significant potential to harm health, safety, fundamental rights, the environment, democracy, elections and the rule of law - will have to comply with a set of requirements, suc...

Europe’s artificial intelligence rules are facing a do-or-die moment

5Dec

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Europe’s artificial intelligence rules are facing a do-or-die moment

[ad_1] Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment as negotiators try to hammer out the final details this week — talks complicated by the sudden rise of generative AI that produces human-like work.First suggested in 2019, the EU's AI Act was expected to be the world's first comprehensive AI regulations, further cementing the 27-nation bloc's position as a global trendsetter when it comes to reining in the tech industry. But the process has been bogged down by a last-minute battle over how to govern systems that underpin general purpose AI services like OpenAI's ChatGPT and Google's Bard chatbot. Big tech companies are lobbying against what they see as overregulation that stifles innovation, while European lawmakers want added...

AI pioneer Yoshua Bengio warns against letting Big Tech control rules

5Nov

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AI pioneer Yoshua Bengio warns against letting Big Tech control rules

[ad_1] In the world of Artificial Intelligence (AI), there's a big problem that we should pay attention to, says one of the godfathers of AI. A respected figure in the field, Yoshua Bengio, is concerned about the growing power of a few big companies in AI. He's worried that these companies might have too much control over AI technology. He even thinks it's one of the main problems we face when it comes to AI.The Concentration of Power in AIBengio, who has won a prestigious Turing Award for his work in AI, recently talked to Insider about his concerns. He said, "We are making more and more powerful AI systems, and the big question for democracy is who gets to control these systems? Is there a risk that only a few companies will have all the power?" It's an important question that has bee...

5 things about AI you may have missed today: McAfee unveils AI-powered product, expert calls for AI regulation and more

21Sep

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5 things about AI you may have missed today: McAfee unveils AI-powered product, expert calls for AI regulation and more

[ad_1] AI Roundup: BFSI expert Alok Bansal emphasized the critical need for a unified regulatory framework in the face of rapid adoption of generative AI, especially in sectors handling sensitive data. ConveGenius just launched SwiftChat, an AI chatbot platform on Amazon Web Services, delivering personalized learning content in regional languages to government schools. In a separate development, authors, including George RR Martin, filed a copyright infringement lawsuit against OpenAI for allegedly using their content without permission to train AI models.All this, and more in today's AI roundup. 1. “Critical Need for a Unified Regulatory Framework," says BFSI expertWith generative AI playing a crucial role in several industries, there is a critical need for regulatory guidelines around...

UK Antitrust Watchdog to Deepen Scrutiny of AI Foundation Models

19Sep

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UK Antitrust Watchdog to Deepen Scrutiny of AI Foundation Models

[ad_1] The UK's antitrust watchdog set out a new set of principles for regulating artificial intelligence and kick started a project to deepen its scrutiny of the fast-developing technology.The Competition and Markets Authority said on Monday that AI could quickly affect markets and consumers, following a wide-ranging preliminary review. It outlined seven principles for regulating AI systems trained on vast pools of data, which can be adapted to various tasks — known as foundation models. The regulator said it's starting a significant program to develop its position on AI, which will see it speak to companies at the forefront of the technology including Alphabet Inc.'s Google, Meta Platforms Inc., OpenAI, Microsoft Corp., NVIDIA Corp. and Anthropic. It will also seek the views of consum...

Cheating Fallout! UK universities roll out rules on use of generative AI like ChatGPT in class

6Jul

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Cheating Fallout! UK universities roll out rules on use of generative AI like ChatGPT in class

[ad_1] Amidst growing concerns about the use of generative AI like ChatGPT in schools and classrooms, UK's top universities have signed a slew of regulatory principles outlining its ethical use. In the past few months, In March, a BestColleges survey revealed that about 43% of students had used ChatGPT or other generative AI applications at least once in their life and about 50% of them said that they had used it to write assignments or exams. This growing issue has led to countries pooling resources to set up guidelines for the use of generative AI, and educational institutions now seem to be doing the same.Guidelines around generative AIThe Russell Group universities, which include some of the UK's top universities such as the University of Oxford, the London School of Economics, and ...