Tag: Compliance

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OpenAI CEO Denies Plans for IPO: Here’s Why

OpenAI CEO Sam Altman announces no plans to go public, stating disinterest in Wall Street and public markets. Despite being valued at almost $30bn, scientists warn about the potential extinction-level risk of its content-generating AI like ChatGPT. Altman confirms the company's commitment to operating in the EU despite previously claiming they may leave if AI regulation laws became too difficult to comply with.

Label AI-Generated Content Immediately, Urges EU to Big Tech Companies

The EU urges big tech companies to label all AI-created content to prevent the spread of fake news. This voluntary code of practice is part of the EU's AI Act aiming to reduce risks associated with synthetic media. Google, Microsoft, TikTok and others are onboard, but the challenge will be to detect and label such content in real-time. Compliance with the regulation may not be mandatory until 2026, but VP Vera Jourová expects companies to honor her request. Google expresses confidence in its ability to identify and label AI-generated content.

Understanding Feature Stores in Machine Learning

Discover the benefits of using feature stores for businesses investing in machine learning. A central location for managing and serving features, allowing easy searching and accessing, reduces effort and enhances collaboration. Feature stores also increase accuracy and enable better governance and compliance. The article analyzes the three core components of data transformation, storage, and serving, ensuring faster and accurate machine learning models with compliance in governing the entire lifecycle of the process.

OpenAI Hires Chief Congressional Lobbyist to Expand its Influence in Washington

OpenAI seeks to hire a Congressional Lead for their public policy team to work with US lawmakers developing a regulatory framework for advanced AI technology. With a salary range of $180,000-$230,000 per annum, the ideal candidate should have a Capitol Hill network and deep understanding of AI policy issues. The non-profit hopes to work with elected officials to mitigate the risks associated with increasingly powerful AI models.

EU Official Urges Instagram, Google, and TikTok to Warn Users and Build Safeguards Against AI-Generated Content

European Union official urges Instagram, Google, and TikTok to warn users about AI-generated content and take measures against disinformation. The EU's code of practice on disinformation can help social media companies comply with the Digital Services Act. Experts predict.

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