FSB calls for stricter oversight against AI vulnerabilities
FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance, and systemic vulnerabilities. Go to Source
AI regulation
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Europe gathers global experts to draft ‘Code of Practice’ for AI
The EU is bringing together top global experts to draft the first “Code of Practice” for general-purpose AI models, setting new standards for transparency and risk management under its AI Act. Go to Source
ChatGPT maker’s business users top 1M, targets premium OpenAI subscriptions
OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models. Go to Source
California lawmakers push through controversial AI bill opposed by OpenAI
California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom. Go to Source
Zuckerberg, Spotify Founder Advocate for Open-Source AI in Europe
Mark Zuckerberg and Daniel Ek advocate for open-source AI in Europe. The two tech leaders believe that open-source AI can drive innovation and give Europe a competitive edge. However, they warn that fragmented regulations and uneven enforcement are hindering progress. They urge Europe to streamline regulations and focus on retaining talent to fully capitalize on … Read more
California senator slams OpenAI’s opposition to AI safety bill
As the debate over SB 1047 intensifies, Wiener remains steadfast in his support for the bill, which he believes is a necessary step toward responsible AI governance. Go to Source
Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, challenges such as fragmented digital infrastructure and ethical concerns hinder its adoption. Africa’s Agenda 2063 According to the head of an African … Read more
Tech firms pen letter to EU requesting more time to comply with AI Act
Tech companies release a joint letter requesting more time from the EU to comply with AI Act requirements, citing challenges due to the summer recess. Go to Source
OpenAI backs Senate bills to advance AI safety and accessibility
OpenAI’s support for these bills highlights a broader vision for AI that balances safety, accessibility, and the potential for educational progress. Go to Source
US antitrust chief to scrutinize AI sector for monopoly risks
U.S. antitrust enforcer Jonathan Kanter said regulators must urgently examine the AI sector to prevent potential monopolies. Go to Source
