Tag: European Commission
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European Commission Probes Nvidia’s Dominance in AI Chip Market
The European Commission is investigating Nvidia's dominance in the AI chip market, analyzing potential anti-competitive practices. Nvidia's market position and pricing policies are under scrutiny, with potential penalties and required business model changes. As investigations continue, the implications for Nvidia's future operations and the importance of fair competition are being closely watched.
Prolific secures $32M funding to train and stress-test AI models via its vast network of 120K individuals
Prolific raises £25m in funding to expand its AI model training platform, serving top institutions like Google and Oxford.
Meta and OpenAI CEO Back EU’s Call for AI Regulation
Top tech CEOs like Zuckerberg and Altman express support for EU's risk-based approach to regulating AI. Meta and Nvidia also discuss investments in Europe.
OpenAI Advocated for Weaker AI Regulations in Private While Urging Public Regulation
Learn more about OpenAI's recent controversy over lobbying for weaker AI regulations while calling for regulation. Find out the details in this Time article.
EU Parliament Approves AI Regulations to be Implemented Soon
The European Union leads the way in regulating AI, with approval of the AI Act. The legislation aims to mitigate risks and increase accountability for high-risk applications. It sets out increased disclosure obligations while balancing innovation with oversight.