artificial intelligence (AI) News

Viewpoint: Reflecting on 30 Years of Transformation in the Re/Insurance Sector

Executive summary: Reflecting on 30 years of Pro Global’s journey in the re/insurance sector, it is evident that the company’s evolution parallels the broader shifts that have defined the industry’s growth, adaptation, and innovation. This reflection provides an opportunity to …

Microsoft CEO Says Tech Giants Battling for Content to Build AI

Microsoft chief executive Satya Nadella said Monday tech giants were competing for vast troves of content needed to train artificial intelligence, and complained Google was locking up content with expensive and exclusive deals with publishers. Testifying in a landmark U.S. …

Thomson Reuters AI Copyright Dispute Must Go to Trial, Judge Says

A jury must decide the outcome of a lawsuit by information services company Thomson Reuters accusing Ross Intelligence of unlawfully copying content from its legal-research platform Westlaw to train a competing artificial intelligence-based platform, a Delaware federal judge said on …

OpenAI CEO: Possible to Get Regulation Wrong, but Should Not Fear it

The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong but it is important and should not be feared, amid global concerns about rapid advances in artificial intelligence, or AI. Many countries are …

Tech Startups in US, France, Germany Help in Fight Against Wildfires

This year has been a challenging one for Phil Schneider, who hasn’t seen wildfire behavior like this in his 47-year firefighting career. Blazes raged through more than 2,000 acres of wildland in recent months in his county deep in the …

Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet

Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis. The networking giant will pay $157 a share …

John Grisham, Other Top Authors Sue OpenAI Over Copyrights

A trade group for U.S. authors has sued OpenAI in Manhattan federal court on behalf of prominent writers including John Grisham, Jonathan Franzen, George Saunders, Jodi Picoult and “Game of Thrones” novelist George R.R. Martin, accusing the company of unlawfully …

Pulitzer Winner Chabon, Other Authors Sue Meta Over AI Program

A group of writers including Pulitzer Prize winner Michael Chabon sued Meta Platforms in San Francisco federal court on Tuesday, accusing the tech giant of misusing their works to train its Llama artificial-intelligence software. Chabon, Tony-winning playwright David Henry Hwang …

Microsoft to Defend Customers on AI Copyright Challenges

Microsoft will pay legal damages on behalf of customers using its artificial intelligence (AI) products if they are sued for copyright infringement for the output generated by such systems, the company said on Thursday. Microsoft will assume responsibility for the …

AI Fused With Trade Data May Finally Smooth Clunky Supply Chains

The dawn of artificial intelligence tools like ChatGPT may revolutionize the way both the public and private sector use data to ferret out risks and opportunities in the $32 trillion global trading system. During the pandemic, government agencies and industries …