In this article: ANI Lawsuit: ANI has sued OpenAI in Delhi High Court, claiming unauthorized use of its copyrighted news for AI model training. Key Allegations: ANI alleges ChatGPT reproduces its content verbatim and spreads fabricated news attributed to ANI, harming its reputation. OpenAI Response: OpenAI defends its practices, stating it uses publicly accessible data […]
AI Governance
In this article: Date of Release: On October 16, 2024, the New York State Department of Financial Services (DFS) issued an industry letter (the “Guidance”) to Covered Entities under 23 NYCRR Part 500 (“Cybersecurity Regulation”). Target Audience: The Guidance applies to financial services companies and other Covered Entities defined under the Cybersecurity Regulation. Focus: It […]
In this article: The document discusses the implications of artificial intelligence (AI) in the financial sector and how to mitigate potential risks. The Financial Stability Board (FSB), an international body that monitors the global financial system, published a paper analyzing the impact of AI on financial services. The report acknowledges that AI offers many benefits, […]
In this article: The document discusses the challenges of regulating AI technology and the limitations of the current regulatory approaches being considered by the U.S. and EU. While observing this flurry of regulatory activity, Kellogg finance professor Sergio Rebelo and his coauthors, João Guerreiro of UCLA and Pedro Teles of Portuguese Catholic University, noted that […]
In this article: The document discusses the reluctance of IT organizations to fully leverage AI capabilities within IT Service Management (ITSM). Despite the potential benefits of AI, such as automating repetitive tasks, using predictive analytics for faster issue resolution, and continuous learning, many organizations are not yet ready to adopt AI in ITSM. The reasons […]
In this article: Anthropic is working with the NNSA to ensure its models do not share potentially dangerous information about nuclear energy, and the company plans to share its findings with other organizations for further testing. The document discusses the race among AI model operators, such as Anthropic, OpenAI, and Scale AI, to secure government […]
In this article: A draft Code of Practice for providers of general-purpose AI models, as outlined under the European Union’s AI Act, has been published for review. Stakeholders are invited to provide feedback by November 28, as the drafting process progresses into next year, ahead of upcoming compliance deadlines over the next few years. The […]
In this article: OpenAI has outlined a proposal calling for the U.S. government to provide significant funding and resources to support the artificial intelligence industry. The proposal includes suggestions for special economic zones with fewer regulations to encourage new AI projects, the use of small nuclear reactors to power data centers with the help of […]
In this article: The document discusses the expected changes in AI regulation under the new Trump administration in the United States. It suggests that the Trump administration is likely to take a lighter approach to AI regulation compared to the previous Biden administration. Some of the key points are:- The Trump administraton is expected to […]
In this article: The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter. The Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated chips, of 7 […]
