UK Universities Urged to Prioritize AI Teaching to Meet Employer Demands In today’s fast-paced digital age, artificial intelligence (AI) has become an integral part of various industries, revolutionizing the way we work and live. As AI continues to advance rapidly, the need for AI-literate graduates has never been more crucial. However, despite the growing demand […]
EU AI Act oversight and fines begin this August
EU AI Act Oversight and Fines Begin This August The landscape of artificial intelligence (AI) regulation is about to undergo a significant transformation within the European Union. As of 2 August, new rules are slated to enter into force, marking a pivotal moment in the realm of AI governance. These rules will bring forth penalties […]
Meta pushes back on EU AI framework
Meta Pushes Back on EU AI Framework In a recent development, Joel Kaplan, representing Meta, has voiced criticism against the AI framework proposed by the European Union. Kaplan, who serves as the Vice President of Global Public Policy at Meta, expressed concerns regarding the stringent nature of the regulations outlined in the framework. According to […]
GPAI Code of Practice creates legal uncertainty for non-signatories
GPAI Code of Practice Creates Legal Uncertainty for Non-Signatories The advent of artificial intelligence (AI) has brought about a myriad of advancements and challenges in various sectors. To address the ethical and legal implications of AI technology, the Global Partnership on Artificial Intelligence (GPAI) recently introduced a Code of Practice. While the initiative aims to […]
AI’s future in banking depends on local solutions and trust
AI’s Future in Banking: The Crucial Role of Trust and Local Solutions Artificial Intelligence (AI) has rapidly become a game-changer in the banking industry, revolutionizing processes, enhancing customer experiences, and improving decision-making. However, as AI continues to shape the future of banking, experts emphasize the critical importance of trust and transparency in AI-driven finance. In […]
EU rejects delay for AI Act rollout
EU Stands Firm: Rejects Delay for AI Act Rollout In the ever-changing landscape of technology and innovation, the European Union has taken a decisive stance by refusing to postpone the rollout of the AI Act. Despite pleas from tech giants for an extension, the EU remains resolute in its commitment to adhere to the original […]
Council of Europe picks Jylo to power AI platform
Council of Europe Partners with Jylo to Drive Responsible AI Adoption In a significant move that underscores the increasing focus on responsible artificial intelligence (AI) usage in legal and government realms, the Council of Europe has selected Jylo as its partner to power its AI platform. This collaboration between the Council of Europe and Jylo […]
Grok gets a boost: xAI secures $10 billion for AI expansion
Grok Gets a Boost: xAI Secures $10 Billion for AI Expansion In the ever-evolving landscape of artificial intelligence, one company is making waves with its recent groundbreaking achievement. xAI, a prominent player in the AI industry, has secured a staggering $10 billion in funding, thanks to a Morgan Stanley-backed deal. This significant investment not only […]
Meta’s Facebook uses phone photos for AI if users allow it
Meta’s Facebook Uses Phone Photos for AI if Users Allow It Meta, the parent company of Facebook, is making strides in the field of artificial intelligence by introducing a new feature that involves using phone photos for AI, with the user’s permission. This innovative approach is part of Meta’s overarching strategy to enhance its AI […]
Bosch calls for balanced AI rules in Europe
Bosch Calls for Balanced AI Rules in Europe Stefan Hartung, the chairman of Bosch, a leading global supplier of technology and services, has raised a crucial concern regarding the development of artificial intelligence (AI) in Europe. According to Hartung, Europe is at risk of lagging behind in the AI race if proper regulations and guidelines […]