Update: Hours after this story published, Sam Altman posted on X/Twitter saying, “there are some great parts about the AI EO, but as the govt implements it, it will be important not to slow down innovation by smaller companies/research teams.” Altman also said he is “pro-regulation on frontier systems,” or large-scale foundation models, and “against … Read more
The Biden Administration is moving forward with a first-of-its-kind artificial intelligence executive order aimed at creating new standards for AI safety and setting up new guardrails to prevent potential misuse. Today’s executive order marks a key inflection point in AI regulation, as lawmakers in governments around the world grapple with how to best prevent harm … Read more
President Joe Biden speaks as he meets with AI experts and researchers at the Fairmont Hotel in San Francisco, Calif., on Tuesday, June 20, 2023. Jane Tyska | Medianews Group | Getty Images President Joe Biden unveiled a new executive order on artificial intelligence — the U.S. government’s first action of its kind — requiring … Read more
Kaushik also welcomes the way Biden’s order demands changes to immigration policy to make it easier for AI talent to come to the US. A plan to allow immigrant workers to renew their visas inside the US, for example, could remove the need for hundreds of thousands of STEM students to travel to their home … Read more
On Monday, President Biden will reportedly announce an executive order addressing a wide variety of AI-related issues. Details about the order are yet to be finalized and made public, but according to The Washington Post, the White House sent out invitations to an event next week about the administration’s approach to AI. The order is … Read more
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A jury found Google guilty of sexual discrimination and awarded female Google Cloud executive Ulku Rowe, who filed the complaint, $1.1 million. Rowe’s lawsuit alleged that the company gave higher pay to less-experienced male cohorts and that it later denied her promotions in retaliation for her complaints, both internal and later in court. Bloomberg Law … Read more
The former controller of the Trump Organization says that Eric Trump directed him to make certain decisions that led to the inflated valuations of several Trump properties. Jeff McConney, also a co-defendant of former President Donald Trump, Eric Trump and Donald Trump Jr., testified Friday as the first week of the civil fraud trial came … Read more
The passenger, Gillie Da King, complained that American canceled his ticket because the flight was overbooked.Prince Williams/Mondadori Portfolio/Getty Photographs A primary-class passenger mentioned American overbooked his flight to the US and bumped him off the flight. Rapper Gillie Da King ended up stranded in Madrid, Spain, as there have been no extra flights with American … Read more
Jaidev Janardana, CEO of peer-to-peer lender Zopa. Zopa LONDON — British digital financial institution Zopa is beefing up its administration group with a few senior hires, as the corporate appears to be like to gasoline development and put together its enterprise for an eventual public itemizing. The SoftBank-backed firm, which gives bank cards, private loans … Read more
Ryan Cohen from an look on CNBC. CNBC GameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as government chairman efficient instantly, the corporate stated Wednesday. Shares of GameStop dropped greater than 20% in prolonged buying and selling after the online game retailer introduced the termination. It launched the information on … Read more