Growing Reliance on Big Tech for AI Carries New Risks, Banks Say June 7, 2024 By Elizabeth Howcroft The boom in artificial intelligence will increase banks’ dependence on big U.S. tech firms, creating new risks for the industry,...
US Regulators to Open Antitrust Inquiries of Microsoft, OpenAI and Nvidia June 6, 2024 By Jody Godoy The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust...
Where the AI Risks Are: Swiss Re’s Top 10 Ranking by Industry May 29, 2024 By Susanne Sclafane The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh...
AI Voiceover Company Stole Voices of Actors, New York Lawsuit Claims May 20, 2024 By Blake Brittain Two voice actors sued artificial-intelligence startup Lovo in Manhattan federal court on Thursday, accusing the company of illegally copying their...
Sony Music Warns Companies to Stop Training AI on Its Artists’ Content May 17, 2024 By Lucas Shaw Sony Music Group, one of the world’s biggest record labels, warned artificial intelligence companies and music streaming platforms not to...
US Senators Unveil AI Policy Roadmap, Seek Government Funding Boost May 16, 2024 By David Shepardson A bipartisan group of U.S. senators, including Majority Leader Chuck Schumer, called on Wednesday for a big jump in government...
What Risks Do Advanced AI Models Pose in the Wrong Hands? May 10, 2024 By Alexandra Alper The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China...
Newspapers Sue OpenAI for Copyright Infringement Over AI Training May 1, 2024 By Blake Brittain A group of newspapers, including the New York Daily News and Chicago Tribune, sued Microsoft and OpenAI in New York...
Viewpoint: AI Is Changing the Cyber Risk Landscape April 1, 2024 By Mark Millard Innovation is at the heart of the human experience, with a constant stream of new ideas and inventions changing the...
Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk? March 19, 2024 By Elizabeth Blosfield When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to...