Tag: AI summit
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AI’s Uncontrolled Growth Raises Concerns of Impending Financial Crisis, Experts Warn, UK
Discover the concerns raised by experts at the Fintech is Dead. Long Live FinAI summit about the uncontrolled growth of AI and its potential impact on the finance sector. Learn why effective regulation is crucial in this evolving landscape.
Tech Billionaires Face Backlash Over Closed-Door AI Summit
Upcoming closed-door AI summit faces backlash for lacking transparency and public accountability. Can tech billionaires shape regulations without scrutiny?
The Growing Importance of Diversity, Data, and Compliance for Venture Capitalists
Venture capitalists must focus on diversity, data, and compliance as the industry faces a crisis wave. Priorities are changing, and standardized investment score algorithms can help underrepresented founders receive funding. Startups should have a public profile, diverse workforce, and sustainable practices. Embrace data-driven approaches and prevent human biases to lead to a more robust VC asset class.
EU Lawmakers Pass Draft of AI Act Including Last-Minute Change on Generative AI Models
EU lawmakers have just passed a landmark draft of the Artificial Intelligence (AI) Act - the first ever comprehensive set of regulations related to AI. This comes after two years of intensive negotiations and months of haggling. The draft grants authorization to generative AI models like ChatGPT, requiring companies to disclose if copyrighted content is deployed in the system. Moreover, generative AI models must be designed, developed, and utilized in accordance with EU law and fundamental rights. Avi Gesser of Debevoise & Plimpton believes the risk-based regime of the AI Act ensures safety while encouraging innovation. This applies to organizations, both in the EU and third countries, whose AI systems' output is used in the EU. If you want to stay abreast of industry developments and AI regulations, join the AI Summit in SF on July 11-12.
Apple’s Generative AI Strategy After the Introduction of OpenAI’s ChatGPT
Apple Inc., the world's largest tech company and the first to introduce intelligent voice assistants, seems unaware of the new wave of advances in OpenAI’s ChatGPT. Although other tech giants, such as Microsoft, Alphabet Inc., and Amazon, have quickly adapted to the new technology, Apple remains absent. Despite Steve Job's past revolutionary products and services, Apple is still on the journey to complete the development and launch of new products under the leadership of Tim Cook. Keep updated with Apple’s upcoming plans and join the excitement!