Two European Parliament committees focusing on civil liberties and consumer protection have approved a provisional agreement on the AI Act, establishing the first comprehensive AI regulations globally. This endorsement, made on Tuesday, Feb. 13, sets an example for AI governance
The U.S. Commodity Futures Trading Commission (CFTC) has unleashed a series of penalties against prominent decentralized finance (DeFi) platforms, including Opyn, 0x, and Deridex, citing breaches of federal digital asset derivatives trading laws. These actions have ignited a heated debate
SEC has begun its extensive investigation into companies dealing in digital assets by filing a lawsuit to freeze the assets of Binance.US and suing Coinbase in the process. The two recent enforcement actions show the seriousness of the SEC in
OpenAI’s creation ChatGPT has drafted a law to regulate AI in Costa Rica after lawmakers in that country turned to the chatbot as the need to regulate the AI industry intensifies. This comes as world leaders are seized with discussions
Publishers seeking to apply existing copyright laws to ChatGPT and other AI-generated works may face an uphill struggle. Copyright laws such as the European Union’s copyright directive ensure that media outlets have the right to seek fair compensation from social
The chief AI officer (CAIO) is fast gaining traction as an important leadership role for companies integrating artificial intelligence to optimize their operations. The position is a new addition to the C-suite. According to social network LinkedIn, the number of
The European Union has approved the AI Act, becoming the world’s first law to regulate the fast growing technology, after the EU Parliament on Wednesday voted in its favor. Three years later and 800 amendments, the Act will set guardrails
Senator Elizabeth Warren urges collaboration in regulating crypto and AI, calling for a level playing field. US Senator Elizabeth Warren has expressed concerns about the need for similar regulations in artificial intelligence (AI), dominated by large technology companies, and the
The U.S. Justice Department has advanced its attention to artificial intelligence by naming Jonathan Mayer as its inaugural Chief Science and Technology Advisor and Chief AI Officer. This announcement by Attorney General Merrick B. Garland highlights the department’s focus on
The Federal Communications Commission (FCC) has declared AI-generated voice robocalls illegal in the United States to combat the rising misuse of technology in unwarranted communications. This decision was announced on Feb. 8, following unanimous approval of a Declaratory Ruling under
Sextortion is on the rise in the US, with the government warning citizens to be on the lookout as perverts abuse AI to perpetrate the offense on unsuspecting individuals. A former police officer has revealed warning signs that individuals should
Washington Governor Jay Inslee signed an executive order on Tuesday, Jan. 30, that outlines the state’s yearlong path to develop guidelines for generative AI in a way that doesn’t prejudice the vulnerable. The development comes as stakeholders all over are
ABOUT US
and then