Articles by Supantha Mukherjee

VC Firm Accel Raises $650M to Invest in AI, Cybersecurity Startups in Europe, Israel

Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The new fund will be Accel’s eighth since opening …

Here’s What’s Next for the EU’s Landmark Artificial Intelligence Act

European Union countries and lawmakers last week agreed a provisional deal for artificial intelligence rules aimed at establishing guardrails for the rapid development of AI and setting a global standard in technology regulation. The long road to the EU AI …

European Union Agrees Landmark Deal Governing Use of Artificial Intelligence

Europe on Friday reached a provisional deal on landmark European Union rules governing the use of artificial intelligence including governments’ use of AI in biometric surveillance and how to regulate AI systems such as ChatGPT. With the political agreement, the …

Governments and Firms Should Spend More on AI Safety, Say Top Researchers

Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and ethical use of the systems, top AI researchers said in a paper on Tuesday. The paper, issued …

Top AI CEOs, Experts Raise ‘Risk of Extinction’ From AI

Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI,” which they urged policymakers to equate at par with risks posed by pandemics and nuclear war. …

Legislation to Govern AI Takes Another Step in Europe

European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT, following a crunch vote on Thursday where they agreed tougher draft legislation. The European Union’s highly anticipated AI Act looks set to be …

Google Sued by Price Comparison Provider, PriceRunner, for $2.4 Billion

STOCKHOLM — Swedish price comparison firm PriceRunner said on Monday it was suing Alphabet-owned Google for about 2.1 billion euros ($2.4 billion), the latest firm to take legal action alleging the search giant manipulated search results. Google in November lost …

SPACs Have Rocketed in U.S. but Europe Has Moved More Slowly. Here’s Why.

STOCKHOLM — “I get an email almost every morning from some SPAC seller telling me to do a SPAC with them,” said Johnny Boufarhat, CEO of Hopin, a virtual events platform. “It’s interesting, but it also doesn’t make sense for …

From Google to Webex to Teams to Zoom: How to Choose a Videoconferencing App

The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb – Zoombombing – the practice of uninvited users crashing into conversations. From easy-access …

Tesla Under U.S. Scrutiny Over Safety Claims

Tesla Inc. received a cease-and-desist letter last year from the U.S. National Highway Traffic Safety Administration (NHTSA) for making misleading statements over safety ratings of its Model 3 cars, according to documents seen by Reuters. The documents also showed that …