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from Axios
1 year ago
Artificial intelligence

AI rockets ahead in vacuum of U.S. regulation

State of play: "It's a patchwork system [of AI regulation] in the United States," with some laws around transparency and preventing discrimination from AI on the state level but only early moves at the federal level, Jessica Newman, who leads the AI Security Initiative at the UC Berkeley Center for Long-Term Cybersecurity, told Axios.
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"I still think there's a long way to go and I would love to see federal AI regulation that is more comprehensive," Newman said.
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Driving the news: This week, the National Institutes for Science and Technology, part of the Department of Commerce, put out a long-awaited AI framework, meant to give companies guidance on using, designing or deploying AI systems.
from www.nytimes.com
1 year ago
Tech industry

A New Area of A.I. Booms, Even Amid the Tech Gloom

The lab is in talks to complete a deal that would value it at around $29 billion, more than twice its valuation in 2021, two people with knowledge of the discussions said.
The potential deal where OpenAI would sell existing company shares in a so-called tender offer could total $300 million, depending on how many employees agree to sell their stock, they said.
The company is also in discussions with Microsoft which invested $1 billion in it in 2019 for additional funds, two people said.
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No area has created more excitement than generative artificial intelligence, the term for technology that can generate text, images, sounds and other media in response to short prompts.
Investors, pundits and journalists have talked up artificial intelligence for years, but the new wave the result of more than a decade of research represents a more powerful and more mature breed of A.I.
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Ultimately, it could provide a new way of interacting with almost any software, letting people chat with computers and other devices as if they were chatting with another person.
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