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 ,
Regulatory Agenda ,
Technology ,
Wells Fargo ,
WhatsApp
There were several notable developments in March in the AI copyright lawsuits previously reported here. Google, OpenAI, and Anthropic scored partial dismissals in their respective cases. These results show that the...more
4/7/2025
/ Algorithms ,
Artificial Intelligence ,
Copyright Infringement ,
Copyright Litigation ,
Elon Musk ,
Federal Trade Commission (FTC) ,
Google ,
Intellectual Property Litigation ,
Microsoft ,
Popular ,
Proposed Legislation ,
USPTO
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
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