In this article: TIME spoke with Mensch in May about attracting scarce AI talent, how Mistral plans to turn a profit, and what’s missing from Europe’s AI ecosystem. Paris-based Mistral AI is one of the TIME100 Most Influential Companies of 2024 The startup has released six AI language models that can answer questions, produce code, […]
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In this article: Global regulatory push, beginning with the EU’s AI Act, will feature enforcement of new rules and additional requirements on companies https://www.thenationalnews.com/future/technology/2024/08/04/navigating-the-labyrinth-of-ai-regulations/
In this article: Artificial Intelligence (AI) is evolving at breakneck speed. Yet with all the benefits come also numerous risks. Declan Norrie and Kyle Wood from Proximity outline how governments can ensure AI risks are appropriately managed and its opportunities maximised in a safe and responsible manner. https://www.consultancy.com.au/news/9743/ensuring-safe-and-responsible-ai-in-government-portfolios
In this article: Amazon, Microsoft, Alphabet earnings disappointed investors Amazon projected profits that fell shy of market expectations https://www.bloomberg.com/news/articles/2024-08-02/big-tech-fails-to-convince-wall-street-that-ai-is-paying-off
In this article: The AI Act is expected to have significant effects on global commerce. Companies operating in or selling to the EU market must reassess their AI strategies and potentially redesign products to comply with the new regulations. Compliance with the AI Act could lead to increased costs for research and development, compliance, and […]
In this article: CEO Kumar said the levers to compete in the market are also powered by automation and AI, which is one of the reasons why the company is gaining wallet share from peers. https://www.moneycontrol.com/technology/productivity-benefits-from-ai-automation-help-cognizant-work-with-fewer-employees-article-12784956.html
In this article: TikTok was paying Microsoft almost $20 million per month to access OpenAI’s models as of March, according to The Information. https://www.theverge.com/2024/7/31/24210667/microsoft-tiktok-ai-openai-customer
In this article: The AI Act is a landmark piece of legislation that should set a global benchmark for years, mainly thanks to an adaptable regulatory framework designed to be amended alongside the technology as it progresses. Its flexibility is not the only aspect that makes the AI Act a valuable framework – the legislation […]
In this article: Takeaways The proposed rule would require radio and TV broadcasters to inquire of political advertisers as to whether their ad includes AI-generated content. A broadcast station that receives a candidate or issue ad containing AI-generated content would need to air a disclosure immediately before or during the ad to inform viewers of […]
In this article: The surge in artificial intelligence-based tests is prompting a focus on how to regulate these tools to balance innovation and patient health protection. Attention is on regulating in vitro diagnostic (IVD) tests and platforms that use continually updating algorithms versus those with stable algorithms. US and European regulators are working on frameworks […]
