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FSB calls for stricter oversight against AI vulnerabilities

[Nov 15 7:35 AM] FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance, and systemic vulnerabilities.

Europe gathers global experts to draft ‘Code of Practice’ for AI

[Oct 1 1:42 PM] 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.

OpenAI business users top 1M, targets premium ChatGPT subscriptions

[Sep 7 8:37 AM] OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models. 

California lawmakers push through controversial AI bill opposed by OpenAI

[Aug 29 11:29 AM] 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.

Zuckerberg, Spotify Founder Advocate for Open-Source AI in Europe

[Aug 25 9:30 AM] 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…

California senator slams OpenAI’s opposition to AI safety bill

[Aug 22 7:14 AM] 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.

Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says

[Aug 22 3:30 AM] 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…

Tech firms pen letter to EU requesting more time to comply with AI Act

[Aug 9 12:29 PM] 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.

OpenAI backs Senate bills to advance AI safety and accessibility

[Jul 31 12:42 PM] OpenAI’s support for these bills highlights a broader vision for AI that balances safety, accessibility and the potential for educational progress.

US antitrust chief to scrutinize AI sector for monopoly risks

[Jun 6 1:53 AM] U.S. antitrust enforcer Jonathan Kanter said regulators must urgently examine the AI sector to prevent potential monopolies.

Philosopher Yuval Noah Harari warns of AI’s risks in finance

[May 7 3:49 PM] The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system.

UK gov’t calls for action on AI copyright, market competition

[May 3 2:49 AM] The U.K. government is under pressure to increase AI oversight following a House of Lords report highlighting the need for stricter regulations for AI standards.

SEC Chair Advocates Increased AI Use for Market Surveillance and Enforcement

[Jul 18, 2023 5:30 PM] U.S. Securities and Exchange Commission Chairman Gary Gensler says the SEC could benefit from making greater use of artificial intelligence (AI) in several areas, including enforcement and market surveillance. However, he also raised a number of…

Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails

[May 25, 2023 7:48 PM] Microsoft President Brad Smith is the latest tech industry heavyweight to call for better risk management and regulation for artificial intelligence.