White House secures safety commitments from eight more AI companies

The Biden-Harris Administration has announced that it has secured a second round of voluntary safety commitments from eight prominent AI companies.

Representatives from Adobe, Cohere, IBM, Nvidia, Palantir, Salesforce, Scale AI, and Stability attended the White House for the announcement. These eight companies have pledged to play a pivotal role in promoting the development of safe, secure, and trustworthy AI.

The Biden-Harris Administration is actively working on an...

UK’s AI ecosystem to hit £2.4T by 2027, third in global race

Projections released by the newly launched Global AI Ecosystem open-source knowledge platform indicate that the UK's AI sector is set to skyrocket from £1.36 trillion ($1.7 trillion) to £2.4 trillion ($3 trillion) by 2027. The findings suggest the UK is set to remain Europe's AI leader and secure third place in the global AI race behind the US and China.

The Global AI Ecosystem platform is developed with support from AI Industry Analytics (AiiA) and Deep Knowledge Group....

UK government outlines AI Safety Summit plans

The UK government has announced plans for the global AI Safety Summit on 1-2 November 2023.

The major event – set to be held at Bletchley Park, home of Alan Turing and other Allied codebreakers during the Second World War – aims to address the pressing challenges and opportunities presented by AI development on both national and international scales.

Secretary of State Michelle Donelan has officially launched the formal engagement process leading up to the summit....

‘UK AI Week in Bangkok’ showcases innovation and collaboration

The inaugural ‘UK AI Week in Bangkok’ was hosted by the British embassy to foster discussions on AI governance and applications.

Held between 15-18 August, the four-day event served as a dynamic platform to spotlight the country’s AI prowess and strengthen the growing partnership between the UK and Thailand.

The week kicked off with a high-level policy roundtable on 15th August at the Eastin Grand Hotel Phayathai, where esteemed experts and policymakers from both...

UK Deputy PM: AI is the most ‘extensive’ industrial revolution yet

Britain's Deputy Prime Minister Oliver Dowden has shared his view that AI will be the most “extensive” industrial revolution yet.

Dowden highlighted AI's dual role, emphasising its capacity to augment productivity and streamline mundane tasks. However, he also put the spotlight on the looming threats it poses to democracies worldwide.

in an interview with The Times, Mr Dowden said: “This is a total revolution that is coming. It’s going to totally transform almost...

UK commits £13M to cutting-edge AI healthcare research

The UK has announced a £13 million investment in cutting-edge AI research within the healthcare sector.

The announcement, made by Technology Secretary Michelle Donelan, marks a major step forward in harnessing the potential of AI in revolutionising healthcare. The investment will empower 22 winning projects across universities and NHS trusts, from Edinburgh to Surrey, to drive innovation and transform patient care.

Dr Antonio Espingardeiro, IEEE member and software and...

SEC turns its gaze from crypto to AI

US Securities and Exchange Commission (SEC) chairman Gary Gensler has announced a shift in focus from cryptocurrency to AI.

Gensler, who has been vocal about the risks and challenges posed by the cryptocurrency industry, now believes that AI is the technology that "warrants the hype" and deserves greater attention from regulators.

Gensler’s interest in AI dates back to 1997 when he became intrigued by the technology after witnessing Russian chess grandmaster Garry...

AI regulation: A pro-innovation approach – EU vs UK

In this article, the writers compare the United Kingdom’s plans for implementing a pro-innovation approach to regulation (“UK Approach”) versus the European Union’s proposed Artificial Intelligence Act (the “EU AI Act”).

Authors: Sean Musch, AI & Partners and Michael Borrelli, AI & Partners

AI – The opportunity and the challenge

AI currently delivers broad societal benefits, from medical advances to mitigating climate change. As an example, an AI...

AI Act: The power of open-source in guiding regulations

As the EU debates the AI Act, lessons from open-source software can inform the regulatory approach to open ML systems.

The AI Act, set to be a global precedent, aims to address the risks associated with AI while encouraging the development of cutting-edge technology. One of the key aspects of this Act is its support for open-source, non-profit, and academic research and development in the AI ecosystem. Such support ensures the development of safe, transparent, and accountable AI...

Assessing the risks of generative AI in the workplace

Amid the exponential growth of generative AI, there is a pressing need to evaluate the legal, ethical, and security implications of these solutions in the workplace.

One of the concerns highlighted by industry experts is often the lack of transparency regarding the data on which many generative AI models are trained.

There is insufficient information about the specifics of the training data used for models like GPT-4, which powers applications such as ChatGPT. This lack...