Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
European Union Agrees Landmark Deal Governing Use of Artificial Intelligence
Dec 11 2023 // Europe on Friday reached a provisional deal on landmark European Union rules governing the use of artificial intelligence including governments’ use of AI in biometric surveillance and how to regulate AI systems such...
London’s Insurance, Finance Workers to See Biggest AI Impact: UK Report
Nov 29 2023 // Management consultants and City of London finance workers are among those most exposed to workplace changes ushered in by artificial intelligence, a new UK government report found, urging changes in schools and training...
Title Insurer to Pay New York $1 Million Penalty Over 2019 Data Breach
Nov 28 2023 // The New York State Department of Financial Services (DFS) announced that First American Title Insurance Co. will pay a $1 million penalty to New York State for violations of DFS’s cybersecurity regulation stemming...
US, Britain, Other Countries Ink Agreement to Make AI ‘Secure by Design’
Nov 28 2023 // The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue...
Artificial Intelligence Not Main Cause of Recent Insurance Layoffs: AM Best
Nov 15 2023 // AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs. In commentary released today, the credit rating agency wrote that “it is too soon to cite AI as the leading...
Putting AI to Work Within the ‘Digital Round Trip’: Applied Systems CEO
Nov 15 2023 // The data is out there. The challenge is how to amass it, standardize it and make it useful. Taylor Rhodes, CEO of Applied Systems, stopped by the On Point podcast with host Peter Aartrijk to talk about the future of data...
Alibaba’s Ant Receives Chinese Government Nod to Roll Out AI Services
Nov 7 2023 // Ant Group Co., the fintech affiliate of Alibaba Group Holding Ltd., received approval from the Chinese government to roll out products powered by its large language model Bailing to the public. Bailing will be applied to...
Threat of Haywire Artificial Intelligence Prompts Calls for Development Pause, AXA Says
Oct 31 2023 // Governments are ill-prepared for the hazards brought on by artificial intelligence and development should be paused, according to a new survey of risk specialists by insurance company AXA SA. Only 7% of almost 3,500 risk...
Biden Signs Sweeping Executive Order Regulating Artificial Intelligence
Oct 30 2023 // President Joe Biden is directing the US government to take a sweeping approach to artificial intelligence regulation, his most significant action yet to rein in an emerging technology that has sparked both concern and...
Governments and Firms Should Spend More on AI Safety, Say Top Researchers
Oct 24 2023 // Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and ethical use of the systems, top AI researchers said in a paper on...
Music Publishers File Suit in Tennessee Against AI Company Over Song Lyrics
Oct 20 2023 // Oct 18 (Reuters) – Music publishers Universal Music, ABKCO and Concord Publishing sued artificial intelligence company Anthropic in Tennessee federal court this week, accusing it of misusing an...
Artificial Intelligence Startup Helps Insurers Spot Cognitive Decline in Older Drivers
Oct 17 2023 // Mind Foundry Ltd., an artificial intelligence startup vying to help insurers decide which drivers should be covered, has raised $22 million in funding, the latest sign of growing demand to deploy AI in critical sectors...
Xceedance Launches Center of Excellence for Generative AI, Empowering Insurance Transformation
Oct 16 2023 // BOSTON, MA, October, 16, 2023 – Xceedance, a leading global provider of strategic operations support, technology, and data services for insurance organizations, announced the establishment of a Center of Excellence...
Google to Defend Generative AI Users From Copyright Claims
Oct 13 2023 // Google said on Thursday that it will defend users of generative artificial-intelligence systems in its Google Cloud and Workspace platforms if they are accused of intellectual property violations, joining Microsoft, Adobe...
Microsoft CEO Says Tech Giants Battling for Content to Build AI
Oct 3 2023 // Microsoft chief executive Satya Nadella said Monday tech giants were competing for vast troves of content needed to train artificial intelligence, and complained Google was locking up content with expensive and exclusive...
Markets/Coverages: Cyber MGA Measured Insurance Launches AI-Driven Cover for SMEs
Sep 29 2023 // Measured Analytics and Insurance, the Salt Lake City, Utah-based cyber insurance MGA, announced the launch of its insurance product, CyberGuard 2023, for the protection of small-and-midsize enterprises (SMEs). With its...
Thomson Reuters AI Copyright Dispute Must Go to Trial, Judge Says
Sep 26 2023 // A jury must decide the outcome of a lawsuit by information services company Thomson Reuters accusing Ross Intelligence of unlawfully copying content from its legal-research platform Westlaw to train a competing artificial...
Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet
Sep 22 2023 // Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis. The...
With the Rise of AI in Insurance, the Human Element is More Important Than Ever
Sep 18 2023 // This post is part of a series sponsored by AgentSync. ChatGPT may be able to whip out a love poem on demand, but consumers know the value of an expert human on their team for things that really matter. There’s no...
Insurer Mapfre Faces Class Actions Over Data Breach
Sep 13 2023 // Two proposed class actions have been filed in federal court in Massachusetts against Mapfre U.S.A. Corp. and its affiliate Commerce Insurance Co. over a recent data breach that one of the lawsuits contends may have exposed...
