Viewpoint: Artificial Intelligence Faces New Era of Regulatory Oversight December 4, 2024 By Erez Barak Executive Summary: With over 70% of insurers planning to deploy gen-AI tools over the next two years, AI promises much,...
China’s ByteDance Seeks $1.1M in Damages From Ex-Intern in AI Breach Case: Report December 2, 2024 China’s ByteDance is suing a former intern for $1.1 million, alleging he deliberately attacked its artificial intelligence large language model...
AI Used for Good and Bad — Like Making Trickier Malware, Says Report November 26, 2024 By Jahna Jacobson While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data...
Class Action Lawsuit on AI-Related Discrimination Reaches Final Settlement November 25, 2024 By Jesse Bedayn Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis,...
Suit Claiming Racial, Income Bias in Rental Algorithm Settled for $2.2 Million November 25, 2024 By Jesse Bedayn Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis,...
Bank of Japan Governor Warns AI Could Bring New Financial Stability Risks November 21, 2024 Bank of Japan Governor Kazuo Ueda said on Thursday central banks must be mindful that technological advances, such as in...
AI Weather Models Have Shown Promise This Hurricane Season November 19, 2024 By Eric Roston When Hurricane Beryl was rushing across the Atlantic basin in July, the weather forecasting tool made by Google Deepmind, the...
Musk Escalates Altman Legal Feud, Casting OpenAI as Monopolist November 18, 2024 By Malathi Nayak and Robert Burnson Elon Musk is ramping up his feud with Sam Altman, alleging in a court filing that OpenAI is trying to...
Oklahoma Insurance Commissioner Issues Bulletin on Use of AI November 15, 2024 Oklahoma Insurance Commissioner Glen Mulready issued a bulletin providing insurers with regulatory guidance on the use of artificial intelligence. The...
FTC’s Holyoak Concerned AI Collecting Children’s Data November 15, 2024 By Jody Godoy U.S. Federal Trade Commissioner Melissa Holyoak said on Thursday the agency should look into how artificial-intelligence products use the data...