Google Seeks Dismissal of AI Data Scraping Class-action Lawsuit

Google Seeks Dismissal of AI Data Scraping Class-action Lawsuit

Google seeks dismissal of a proposed class-action lawsuit alleging that it violates users’ privacy and property rights by data scraping to train its artificial intelligence (AI) models. Google filed the motion on October 17 in a California District Court, arguing that it must use public data to educate its AI chatbots like Bard. It claimed […]

US to Tighten AI Chip Controls Via Third Parties to China

AI to Market Businesses by 2029 - DeepMind co-founder

The United States is contemplating additional measures to prevent Chinese developers from accessing U.S.-made artificial intelligence (AI) semiconductor chips through third parties. Reuters reported on October 13 that the Biden administration is targeting a loophole that has allowed Chinese developers to purchase processors from the infamous Huaqiangbei electronics district in the southern Chinese city of […]

EU Reportedly Calls for Additional Restrictions for Large AI Models

EU Commission Proposes Launch of AI Factories for Startups, SMEs

According to a Bloomberg report, European Union (EU) representatives are negotiating a plan for additional restrictions on large artificial intelligence (AI) models – like OpenAI’s GPT-4. The European Commission, European Parliament, and various EU member states are reportedly in discussions regarding the potential effects of large language models (LLMs), such as Meta’s Llama 2 and […]

UNESCO, Netherlands Partner for EU AI Supervision Project

UNESCO, Netherlands Partner for EU AI Supervision Project

The United Nations’ UNESCO and the Dutch government have partnered to launch a framework for the ethical supervision of artificial intelligence (AI) in the European Union. The Dutch Authority for Digital Infrastructure and the United Nations Educational, Scientific, and Cultural Organization (UNESCO) formally launched the “Supervising AI by Competent Authorities” project on October 5, through […]

Hong Kong Crypto VC Funds $100M Asian Blockchain Companies

UBS Joins HSBC in Launching Crypto ETFs in Hong Kong

The “Titan Fund” has already made five investments in various blockchain startup companies, including two in Hong Kong-based initiatives. CMCC Global, a Hong Kong-based venture capital firm focused on cryptocurrencies, has raised $100 million to support Asian blockchain businesses. Titan Fund completed its initial funding round on October 4, with participation from 30 investors, including […]