The EU’s AI rules will likely take over a year to be agreed

Rules governing the use of artificial intelligence across the EU will likely take over a year to be agreed upon.

Last year, the European Commission drafted AI laws. While the US and China are set to dominate AI development with their vast resources, economic might, and light-touch regulation, European rivals – including the UK and EU members – believe they can lead in ethical standards.

In the draft of the EU regulations, companies that are found guilty of AI misuse...

17 February 2022 | Applications

EU clears $19.7B Microsoft-Nuance deal without any small print

The EU has concluded Microsoft’s $19.7 billion acquisition of Nuance doesn’t pose competition concerns.

Nuance gained renown for originally creating the backend of that little old virtual assistant called Siri (you might have heard of it?)

The company has since continued to focus on building its speech recognition capabilities and has a number of solutions which span particular industries such as healthcare to general omni-channel customer experience...

22 December 2021 | Artificial Intelligence

EU launches antitrust probe into $40B Nvidia-Arm acquisition proposal

The European Commission is following the UK in launching its own antitrust probe into the proposed Nvidia-Arm acquisition.

Nvidia has put in a $40 billion offer to acquire Cambridge-based Arm, which designs a large proportion of the chips that end up in devices.

“AI is the most powerful technology force of our time and has launched a new wave of computing,” said Jensen Huang, founder and CEO of NVIDIA, when the acquisition was announced.

“In the years...

28 October 2021 | Legislation & Government

MEPs back AI mass surveillance ban for the EU

MEPs from the European Parliament have adopted a resolution in favour of banning AI-powered mass surveillance and facial recognition in public spaces.

With a 71 vote majority, MEPs sided with Petar Vitanov’s report that argued AI must not be allowed to encroach on fundamental rights.

An S&D party member, Vitanov pointed out that AI has not yet proven to be a wholly reliable tool on its own.

He cited examples of individuals being denied social benefits...

7 October 2021 | Ethics & Society

The UK is changing its data laws to boost its digital economy

Britain will diverge from EU data laws that have been criticised as being overly strict and driving investment and innovation out of Europe.

Culture Secretary Oliver Dowden has confirmed the UK Government’s intention to diverge from key parts of the infamous General Data Protection Regulation (GDPR). Estimates suggest there is as much as £11 billion worth of trade that goes unrealised around the world due to barriers associated with data transfers

“Now that we have...

26 August 2021 | Ethics & Society

EU regulation sets fines of €20M or up to 4% of turnover for AI misuse

A leaked draft of EU regulation around the use of AI sets hefty fines of up to €20 million or four percent of global turnover (whichever is greater.)

The regulation (PDF) was first reported by Politico and is expected to be announced next week on April 21st.

In the draft, the legislation’s authors wrote:

“Some of the uses and applications of artificial intelligence may generate risks and cause harm to interests and rights that are protected by Union law....

14 April 2021 | Ethics & Society

EU human rights agency issues report on AI ethical considerations

The European Union’s Fundamental Rights Agency (FRA) has issued a report on AI which delves into the ethical considerations which must be made about the technology.

FRA’s report is titled Getting The Future Right and opens with some of the ways AI is already making lives better—such as helping with cancer diagnosis, and even predicting where burglaries are likely to take place.

“The possibilities seem endless,” writes Michael O’Flaherty, Director of the FRA,...

14 December 2020 | Ethics & Society

State of European Tech: Investment in ‘deep tech’ like AI drops 13%

The latest State of European Tech report highlights that investment in “deep tech” like AI has dropped 13 percent this year.

Data from Dealroom was used for the State of European Tech report. Dealroom defines deep tech as 16 fields: Artificial Intelligence, Machine Learning, Big Data, Augmented Reality, Virtual Reality, Drones, Autonomous Driving, Blockchain, Nanotech, Robotics, Internet of Things, 3D Technology, Computer Vision, Connected Devices, Sensors Technology, and...

8 December 2020 | Research

Information Commissioner clears Cambridge Analytica of influencing Brexit

A three-year investigation by the UK Information Commissioner's office has cleared Cambridge Analytica of electoral interference.

Cambridge Analytica was accused in March 2018 of using AI tools and big data to influence the results of the Brexit referendum and the US presidential election. Most objective observers probably felt the case was overblown, but it's taken until now to be confirmed.

“From my review of the materials recovered by the investigation I have found...

8 October 2020 | Ethics & Society

The EU’s privacy watchdog takes aim at Clearview AI’s facial recognition

The European Data Protection Board (EDPB) believes use of Clearview AI’s controversial facial recognition system would be illegal.

Clearview AI’s facial recognition system is used by over 2,200 law enforcement agencies around the world and even commercial businesses like Best Buy and Macy’s, according to a recent leak.

The EDPB has now ruled that any use of the service by law enforcement in Europe would “likely not be consistent with the EU data protection...

11 June 2020 | Face Recognition