Microsoft and Apple back away from OpenAI board

Microsoft and Apple have decided against taking up board seats at OpenAI. The decision comes as regulatory bodies intensify their scrutiny of big tech's involvement in AI development and deployment.

According to a Bloomberg report on July 10, citing an anonymous source familiar with the matter, Microsoft has officially communicated its withdrawal from the OpenAI board. This move comes approximately a year after the Redmond-based company made a substantial $13 billion investment in...

Industry experts call for tailored AI rules in post-election UK

As the UK gears up for its general election, industry leaders are weighing in on the potential impact on technology and AI regulation.

With economic challenges at the forefront of political debates, experts argue that the next government must prioritise technological innovation and efficiency to drive growth and maintain the UK's competitive edge.

Rupal Karia, Country Leader UK&I at Celonis, emphasises the need for immediate action to address inefficiencies in both...

Think tank calls for AI incident reporting system

The Centre for Long-Term Resilience (CLTR) has called for a comprehensive incident reporting system to urgently address a critical gap in AI regulation plans.

According to the CLTR, AI has a history of failing in unexpected ways, with over 10,000 safety incidents recorded by news outlets in deployed AI systems since 2014. As AI becomes more integrated into society, the frequency and impact of these incidents are likely to increase.

The think tank argues that a...

EU launches office to implement AI Act and foster innovation

EU AI legislation sparks controversy over data transparency

The European Union has launched a new office dedicated to overseeing the implementation of its landmark AI Act, which is regarded as one of the most comprehensive AI regulations in the world. This new initiative adopts a risk-based approach, imposing stringent regulations on higher-risk AI applications to ensure their safe and ethical deployment.

The primary goal of this office is to promote the "future development, deployment and use" of AI technologies, aiming to harness their...

Igor Jablokov, Pryon: Building a responsible AI future

As artificial intelligence continues to rapidly advance, ethical concerns around the development and deployment of these world-changing innovations are coming into sharper focus.

In an interview ahead of the AI & Big Data Expo North America, Igor Jablokov, CEO and founder of AI company Pryon, addressed these pressing issues head-on.

Critical ethical challenges in AI

"There's not one, maybe there's almost 20 plus of them," Jablokov stated when asked about the...

UK and South Korea to co-host AI Seoul Summit

The UK and South Korea are set to co-host the AI Seoul Summit on the 21st and 22nd of May. This summit aims to pave the way for the safe development of AI technologies, drawing on the cooperative framework laid down by the Bletchley Declaration.

The two-day event will feature a virtual leaders' session, co-chaired by British Prime Minister Rishi Sunak and South Korean President Yoon Suk Yeol, and a subsequent in-person meeting among Digital Ministers. UK Technology Secretary...

UK announces over £100M to support ‘agile’ AI regulation

The UK government has announced over £100 million in new funding to support an "agile" approach to AI regulation. This includes £10 million to prepare and upskill regulators to address the risks and opportunities of AI across sectors like telecoms, healthcare, and education. 

The investment comes at a vital time, as research from Thoughtworks shows 91% of British people argue that government regulations must do more to hold businesses accountable for their AI systems. The...

AI & Big Data Expo: Ethical AI integration and future trends

Grace Zheng, Data Analyst at Canon and Founder of Kosh Duo, recently sat down for an interview with AI News during AI & Big Data Expo Global to discuss integrating AI ethically as well as provide her insights around future trends. 

Zheng first explained how over a decade working in digital marketing and e-commerce sparked her interest more recently in data analytics and artificial intelligence as machine learning has become hugely popular.

At Canon, Zheng’s team...

MIT publishes white papers to guide AI governance

A committee of MIT leaders and scholars has published a series of white papers aiming to shape the future of AI governance in the US. The comprehensive framework outlined in these papers seeks to extend existing regulatory and liability approaches to effectively oversee AI while fostering its benefits and mitigating potential harm.

Titled "A Framework for U.S. AI Governance: Creating a Safe and Thriving AI Sector," the main policy paper proposes leveraging current US government...

UK reveals AI Safety Summit opening day agenda

The UK Government has unveiled plans for the inaugural global AI Safety Summit, scheduled to take place at the historic Bletchley Park.

The summit will bring together digital ministers, AI companies, civil society representatives, and independent experts for crucial discussions. The primary focus is on frontier AI, the most advanced generation of AI models, which – if not developed responsibly – could pose significant risks.

The event aims to explore both the...