INSIGHT: How Big Tech Ethics Panels Are Putting Brakes on AI September 8, 2021 By Paresh Dave and Jeffrey Dastin In September last year, Google’s cloud unit looked into using artificial intelligence to help a financial firm decide whom to...
W.R. Berkley-Backed Vehicle Inspection Firm UVeye Raises $60M in New Round July 22, 2021 By Kiel Porter and Ed Ludlow UVeye, a company that uses artificial intelligence to do fast vehicle inspections, has raised $60 million from investors including used...
P/C Insurers Plan to Boost Their Use of Automation: Willis Towers Watson July 15, 2021 Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What’s...
First U.S. Artificial Intelligence Czar Seeks ‘Responsible Use’ of AI Tools June 8, 2021 By Matt O'Brien, AP Technology Writer Computer scientist Lynne Parker made breakthroughs in getting robots to work together so they could perform difficult missions, like cleaning...
Beneath the Surface: Why Insurers Should Look Beyond “the Tip of the A.I. Iceberg” May 24, 2021 By Elizabeth Blosfield Nearly 75% of respondents in a recent survey from the Coalition Against Insurance Fraud and Shift Technology said they believe...
EU Privacy Supervisor Urges Ban on Facial Recognition Software April 26, 2021 By Foo Yun Chee Facial recognition should be banned in Europe because of its “deep and non-democratic intrusion” into people’s private lives, EU privacy...
EU Announces Tough Draft Rules on Use of Artificial Intelligence April 22, 2021 By Foo Yun Chee BRUSSELS – The European Commission on Wednesday announced tough draft rules on the use of artificial intelligence, including a ban...
EU Set to Ban Artificial Intelligence Used for Mass Surveillance, Ranking Social Behavior April 15, 2021 By Natalia Drozdiak The European Union is poised to ban artificial intelligence (AI) systems used for mass surveillance or for ranking social behavior,...
British Cyber Security Company Darktrace Plans $4 Billion London Listing April 13, 2021 By Paul Sandle and Abhinav Ramnarayan LONDON – Darktrace, the British cyber security firm backed by tech entrepreneur Mike Lynch, fired the gun on its $4...
Applied Analytics Isn’t Just for Insurers. Startups Help Claimants Get In On the Action. April 9, 2021 By Jim Sams Lee Fogle reached down to save his 12-lb. Yorkshire terrier Nemo as a pit bull lunged forward. The attacking dog’s...