The European Union (EU) has taken a significant step towards regulating artificial intelligence (AI) with the passage of the draft legislation known as the A.I. Act by the European Parliament. This milestone bill, which aims to impose limitations on risky AI applications, could serve as a model for legislators worldwide ...
Advanced Micro Devices Inc. (AMD) has announced new details about its upcoming artificial intelligence (AI) processor in its bid to challenge the current industry leader, Nvidia Corp. The MI300X, touted as the most advanced graphics processing unit (GPU) for AI, is set for a limited release in the third quarter ...
Google has announced the introduction of two new ad solutions, Demand Gen and Video View, for advertisers, and both leverage artificial intelligence (AI) to identify optimal ad placements across all of its services. Demand Gen campaign offers specially designed features for the needs of marketers. Demand Gen utilizes AI to ...
Mistral AI, a new artificial intelligence (AI) startup, has secured $113 million in seed funding just two months after its establishment. This funding round has resulted in a valuation of $260 million within two months of its inception. The company was founded in May 2023 by Arthur Mensch, Timothee Lacroix, ...
Prime Minister Rishi Sunak delivered a keynote speech at the London Tech Week conference on June 12, 2023, emphasizing the significance of embracing the opportunities and challenges presented by artificial intelligence (AI). In his address, Sunak positioned London as a leading tech hub and proposed that Britain could become the ...
In a move highlighting the growing focus on regulating AI technologies globally, United States legislators have introduced two bipartisan regulatory proposals addressing artificial intelligence (AI) transparency and innovation. On June 8, 2023, Republican Mike Braun and Democrat Gary Peters unveiled the first bill, which seeks to enforce transparency in the ...
Vera Jourova, the deputy head of the European Commission, has called for companies utilizing generative AI tools such as ChatGPT and Bard, which have the capability to generate disinformation, to label their content. Jourova made these remarks during a press conference on June 5, 2023. Jourova emphasized that companies that ...
A senior government official representing the Reserve Bank of India (RBI) has advocated for banks' adoption of blockchain and artificial intelligence (AI) technologies to ensure sustainable growth and stability. Governance in Banks: Driving Sustainable Growth and Stability - Speech delivered by Shri M K Jain, Deputy Governor, Reserve Bank of ...
ChatGPT's parent company, OpenAI, has launched an initiative to promote democratic participation in the development of artificial intelligence (AI). In an official statement released on May 25, 2023, OpenAI unveiled its plan to award ten $100,000 prizes to experiments that seek to create a "proof-of-concept" democratic mechanism for determining the ...
Pakistan's Ministry of Information Technology and Telecom has introduced a new policy to catalyze the advancement of artificial intelligence (AI) in the country. The Pakistani government seeks to enhance the skills of its workforce in AI and related technologies and transform its economy into a knowledge-based economy through the implementation ...
