artificial intelligence (AI) News

Top AI Companies Join Government Effort to Set Safety Standards

The top US artificial intelligence companies will participate in a government-led effort intended to craft federal standards on the technology to ensure that it’s deployed safely and responsibly, the Commerce Department said Thursday. OpenAI, Anthropic, Microsoft Corp., Meta Platforms Inc. …

Creators of Biden Audio Deepfake Face Potential Charges

An AI-generated cloned audio message of President Joe Biden that attempted to dissuade registered Democrats from voting in the New Hampshire primary election was traced to a Texas company and its owner. Attorney General John Formella said on Tuesday the …

Viewpoint: 5 Global Insurance Trends You Need to Know About in 2024

In the insurance world, 2024 brings forth many challenges and transformative trends. From the escalating global risks, such as climate change and cyber threats, to the evolving role of insurers as societal safety nets, the industry is on the brink …

France Now Backing EU AI Rules Ahead of Bloc Endorsement

France is now backing landmark European Union rules governing artificial intelligence subject to strict conditions, an EU diplomatic source said on Friday, after sources had previously said it was the last holdout in the bloc to support the plan. Such …

White House AI Council Meets as Legislative Action Stalls

The White House artificial intelligence council is meeting Monday, three months after President Joe Biden signed an executive order that aims to reduce the risks AI poses. White House Deputy Chief of Staff Bruce Reed, who will convene the council …

Fishing Fee Case May Lead Supreme Court to Limit US Agency Powers

The US Supreme Court questioned a longstanding legal doctrine that gives federal agencies wide berth to interpret unclear laws as the justices heard two appeals that would constrain environmental, consumer-protection and financial regulators. The court is considering overturning a watershed …

Majority of Underwriters Predict Cyber Risks Grow ‘Greatly’ in 2024: Survey

Underwriters who thought the growing cyber risk landscape of the past several years would level off soon might want to think again. Woodruff Sawyer’s annual survey of cyber insurance carriers found all underwriters surveyed believe cyber risk will increase in …

New York Proposes Guidance Governing Insurers’ Use of AI

New York State is proposing guidance for insurance carriers to prevent unfair discrimination in their use of artificial intelligence and external data sources in underwriting and pricing. A circular letter from Superintendent of Financial Services Adrienne A. Harris outlines the …

Extreme Weather and Misinformation Top Global Risks: World Economic Forum

Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of years, a World Economic Forum (WEF) survey released on Wednesday said. While extreme weather was identified as the bigger risk …

Maryland Governor Signs Order on AI Use, Creates Cybersecurity Task Force

Maryland Gov. Wes Moore on Monday announced a starting point for addressing the use of artificial intelligence in state government, as well as efforts to bolster cybersecurity. The governor signed an executive order that he described as setting fundamental principles …