AI bias harms over a third of businesses, 81% want more regulation

AI bias is already harming businesses and there’s significant appetite for more regulation to help counter the problem.

The findings come from the State of AI Bias report by DataRobot in collaboration with the World Economic Forum and global academic leaders. The report involved responses from over 350 organisations across industries.

Kay Firth-Butterfield, Head of AI and Machine Learning at the World Economic Forum, said: 

“DataRobot’s research...

EU clears $19.7B Microsoft-Nuance deal without any small print

The EU has concluded Microsoft’s $19.7 billion acquisition of Nuance doesn’t pose competition concerns.

Nuance gained renown for originally creating the backend of that little old virtual assistant called Siri (you might have heard of it?)

The company has since continued to focus on building its speech recognition capabilities and has a number of solutions which span particular industries such as healthcare to general omni-channel customer experience...

FTC steps in to block Nvidia’s $40B acquisition of Arm

America’s Federal Trade Commission (FTC) has become the first regulator to sue to block Nvidia’s acquisition of British chip designer Arm.

Arm plays a critical role in the global technology supply chain with its designs used for edge AI chips and processors for smartphones, tablets, desktops, and servers.

It’s of little surprise that Nvidia wants to bring Arm under its wing and is willing to pay $40 billion (£29 billion) for it.

Global regulators,...

SenseTime prepares to list on the Hong Kong Stock Exchange

Chinese AI giant SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange (HKSE).

SenseTime is the world’s most-funded AI firm and has attracted large investments in part due to providing technology for the Chinese government’s vast surveillance network.

The company’s Viper system aims to process and analyse over 100,000 simultaneous real-time streams from traffic cameras, ATMs, and more to automatically tag and keep track of...

UK-Aus probe finds Clearview AI fails to comply with privacy regulations

A joint UK-Australia probe has found that Clearview AI fails to comply with privacy regulations.

The facial recognition provider has been the focus of many investigations for its controversial practice of scraping the online data of people without their consent.

The joint investigation, conducted by the ​​UK Information Commissioner's Office (ICO) and Office of the Australian Information Commissioner (OAIC), found that Clearview AI has scraped the biometric...

DeepMind hit with class-action lawsuit over NHS health data scandal

DeepMind is facing a class-action lawsuit over its controversial use of NHS patients’ health data back in 2015.

Google-owned DeepMind was quietly given the personal records of 1.6 million patients at the Royal Free London NHS Foundation Trust.

DeepMind said that it was using the data to create a potentially life-saving app called Streams. The app was designed to alert, diagnose, and detect when patients were at risk of developing acute kidney injury. It’s currently...

UK sets out its 10-year plan to remain a global AI superpower

The UK has unveiled its 10-year National Artificial Intelligence Strategy with the aim of securing the country’s place as “a global AI superpower”.

DeepMind, Benevolent AI, Graphcore, Darktrace, Oxbotica, and Behavox are just some of the companies that have established the UK’s place as Europe’s leader in AI.

Joanna Shields, CEO of Benevolent AI and Co-Chair of Global Partnership on Artificial Intelligence (GPAI), commented: “A comprehensive strategy and...

UK considers blocking Nvidia’s $40B acquisition of Arm

Bloomberg reports the UK is considering blocking Nvidia’s $40 billion acquisition of Arm over national security concerns.

Over 160 billion chips have been made for various devices based on designs from Arm. In recent years, the company has added AI accelerator chips to its lineup for neural network processing.

In the wake of the proposed acquisition, Nvidia CEO Jensen Huang said:

“ARM is an incredible company and it employs some of the greatest engineering...

Reintroduction of facial recognition legislation receives mixed responses

The reintroduction of the Facial Recognition and Biometric Technology Moratorium Act in the 117th Congress has received mixed responses.

An initial version of the legislation was introduced in 2020 but was reintroduced June 15 2021 by Sen. Edward Markey (D-Mass.)

“We do not have to forgo privacy and justice for safety,” said Senator Markey. “This legislation is about rooting out systemic racism and stopping invasive technologies from becoming irreversibly embedded...

EU regulation sets fines of €20M or up to 4% of turnover for AI misuse

A leaked draft of EU regulation around the use of AI sets hefty fines of up to €20 million or four percent of global turnover (whichever is greater.)

The regulation (PDF) was first reported by Politico and is expected to be announced next week on April 21st.

In the draft, the legislation’s authors wrote:

“Some of the uses and applications of artificial intelligence may generate risks and cause harm to interests and rights that are protected by Union law....