The use of AI in banking was a topic in April, as Bank of America revealed it will spend $4 billion on AI initiatives in the coming year. The bank cited AI’s usefulness in reducing IT support calls and the over 90% usage...more
5/15/2025
/ Algorithms ,
Artificial Intelligence ,
Bank of America ,
Banking Sector ,
Copyright ,
Copyright Litigation ,
Data Privacy ,
Data Security ,
Deep Fake ,
Elon Musk ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Google ,
Machine Learning ,
Microsoft ,
Pending Litigation ,
Popular ,
Regulatory Agenda ,
Technology ,
Wells Fargo ,
WhatsApp
Google removed its organizational ban on the use of AI for weapons and surveillance systems. The change eliminates key portions of the tech giant’s AI Principles that banned such uses. These principles, established in 2018,...more
3/13/2025
/ Artificial Intelligence ,
Compliance ,
Copyright ,
Data Privacy ,
Department of Defense (DOD) ,
Deregulation ,
Elon Musk ,
Enforcement Actions ,
EU ,
Fair Use ,
Federal Trade Commission (FTC) ,
Google ,
IP Litigation ,
LinkedIn ,
National Security ,
Proposed Legislation ,
Regulatory Agenda ,
Risk Management ,
Surveillance ,
Technology Sector ,
UK
January saw activity in the copyright infringement lawsuit filed by a group of authors led by comedian Sarah Silverman against OpenAI. A magistrate judge ordered the AI pioneer to produce its datasets, which are used for...more
Several industry organizations have recently published AI guidelines, including the Digital Medicine Society (DMS), in partnership with Google and the Mayo Clinic. The DMS playbook includes both a strategy guide and an ROI...more
11/19/2024
/ Amazon ,
Artificial Intelligence ,
Big Tech ,
Copyright ,
Copyright Infringement ,
Cybersecurity ,
Dow Jones ,
Google ,
Governor Newsom ,
Investors ,
Microsoft ,
Nuclear Power ,
NYDFS ,
Pending Litigation ,
Privacy Laws ,
Regulatory Agenda ,
Tesla ,
United Nations
There has been a seismic shift in the relationship between Big Tech’s AI power couple, Microsoft and OpenAI. The former listed the AI pioneer as a competitor in its annual report, perhaps signaling a less friendly dynamic...more
9/24/2024
/ Apple ,
Artificial Intelligence ,
Artists ,
Banking Sector ,
Copyright ,
Copyright Litigation ,
Deep Fake ,
Department of Justice (DOJ) ,
Elon Musk ,
Government Investigations ,
Health Care Providers ,
Machine Learning ,
Microsoft ,
New Guidance ,
Popular ,
Proposed Legislation ,
Technology Sector ,
U.S. Commerce Department
Google and Microsoft are spearheading the Coalition for Secure AI, focusing on supply chain security and mitigation strategies. Whether this attempt at self-regulation will ultimately succeed is unknown, as it overlaps with...more
8/16/2024
/ Artificial Intelligence ,
Artists ,
Banking Sector ,
Copyright ,
Copyright Litigation ,
Data Security ,
Department of Energy (DOE) ,
Entertainment Industry ,
FCC ,
Federal Trade Commission (FTC) ,
FinTech ,
Google ,
Health Care Providers ,
Information Reports ,
Journalists ,
Microsoft ,
Proposed Legislation ,
Regulatory Agenda ,
Risk Mitigation ,
Securities and Exchange Commission (SEC) ,
Software ,
Strike ,
Supply Chain
In the entertainment industry, Sony Music asserted that AI companies don’t have permission to use its recording artists’ works for AI training. In response to the industry’s concerns over the use of AI, members of Congress...more
6/24/2024
/ Actors ,
Artificial Intelligence ,
Artists ,
Class Action ,
Copyright ,
Copyright Infringement ,
Deep Fake ,
Entertainment Industry ,
Executive Orders ,
Facial Recognition Technology ,
Google ,
International Olympic Committee (IOC) ,
Microsoft ,
Music ,
Music Industry ,
Musical Sound Recordings ,
Sony ,
Technology Sector ,
TikTok ,
U.S. Commerce Department
The use of AI in the justice system and dispute resolution has become a significant topic of conversation. This suggests the first real legal limits on the technology may come from the courts instead of legislation. In one...more