Page 11 - Foundation Models News Today

Fourth Quarter Fiscal 2023 Financial Highlights

Political agreement was reached on 9 December in the negotiations on the EU AI Act, arguably the world’s most comprehensive and ambitious AI law to date. Some further...

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Over 11 scheduled technical meetings beginning on Tuesday, government officials and aides of lawmakers will hash out specific details such as the scope of the laws and how they will work

With the political agreement, the EU moves toward becoming the first major world power to enact laws governing AI. Fridays deal between EU countries and European Parliament members came after nearly 15 hours of negotiations that followed an almost 24-hour debate the previous day.

The UK's Competition and Markets Authority (CMA) is seeking public feedback on the collaboration between Microsoft and OpenAI.

Microsoft is OpenAIs biggest shareholder and has a nonvoting seat on the ChatGPT creators board.

The main issue is that the first draft of the law was written in early 2021, almost two years before the launch of OpenAIs ChatGPT, one of the fastest-growing software applications in history. Lawmakers have scrambled to write regulations even as companies like Microsoft-based OpenAI continue to discover new uses for their technology.

Governments worldwide have been rushing to regulate AI technology, with concerns about its risks and potential impact.

Cleveland Clinic joins IBM, Meta, and other leading organizations in the AI Alliances mission to advance responsible AI development and...