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Margrethe Vestager, the European Commission’s vice president, has called for urgent action to regulate artificial intelligence (AI) use. She warned that there is no time to waste in controlling the risks that come with the technology. Vestager made these comments while speaking to reporters in Berlin. The European Commission had proposed regulatory measures early this
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Artificial intelligence (AI) has already made its way into the workplace, with many individuals using tools that incorporate AI technology. The potential of AI in advertising is immense, especially in email writing, researching, generating comps, writing social copy, and HR functions like hiring and reviews. However, while proponents argue that AI can take care of
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The US Federal Trade Commission (FTC) has accused Facebook, owned by Meta, of misleading parents about children’s protection and deceptive collection of user data. The FTC found that Facebook misled parents by providing misinformation about control over who their children contact in the Messenger Kids app, thereby breaching the 2019 agreement on privacy. The proposed
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According to Elliot Han, who leads Cantor Fitzgerald’s crypto, blockchain, and digital assets investment banking, institutional investors may have lost interest in crypto, but their interest is still there and may even be maturing. Han believes that those who have remained in crypto are exploring its different use cases, and there is a lot of
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Large language models (LLMs) are becoming increasingly popular, with companies like OpenAI and Microsoft releasing new impressive natural language processing (NLP) systems. However, recent research by Epoch shows that we might soon need more data for training AI models. The team investigated the amount of high-quality data available on the internet, and the analysis shows
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Ispace, a Japanese start-up, has failed in its attempt to carry out the first private moon landing. The Hakuto-R Mission 1 (M1) lander lost contact and is believed to have crashed on the lunar surface. The cause of the failure is unknown, but the startup has suggested that the lander’s altitude measurement system miscalculated the
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Meta Platforms has hired a team of engineers from Oslo who were previously working on artificial intelligence (AI) networking technology at Graphcore, a British chip company. The move will strengthen Meta’s infrastructure team and help support AI and machine learning at scale in its data centers. Meta, which owns Facebook and Instagram, is increasingly reliant
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