Brad Smith, president and vice chairman of Microsoft (MSFT), said that the US government should intensify its activities aimed at creating and subsequently implementing measures to regulate the development and dissemination of artificial intelligence.
A Singapore court has ordered a unit of Credit Suisse Group AG to pay billionaire Bidzina Ivanishvili $926 million.
OpenAI is ready to fund the development of proofs-of-concept that could establish democratic processes for overseeing AI, while its iOS app version expands to 45 more countries
Already having one of the strictest cryptocurrency regulations in the world, Japan is going to introduce even stricter measures against money laundering in the crypto industry starting from 1 June 2023
The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group were able to reach an agreement on the CFPB complaint.
Applications for crypto trading platform licenses in Hong Kong will start being accepted on June 1, as soon as existing guidelines are officially updated
The Meta Platforms company in Europe was fined a record amount of $1.3 billion.
Securities Commission Malaysia (SCM) ordered the crypto exchange Huobi Global to stop operations in the country, stating the firm failed to register its business properly
The leaders of the G7 countries intend to hold a negotiation process, following which a common vision of artificial intelligence will be formed and the goals of its development will be outlined.
The Walt Disney Company has abandoned its intention to invest $867 million in the construction of a new corporate campus in the state of Florida.
A group of TikTok users filed a lawsuit to get the Montana state administration to cancel the blocking of this digital platform.
The Federal Trade Commission (FTC) has stated that the increased use of biometric data entails risks related to privacy, security, and discrimination.
Montana Governor Greg Gianforte has signed into law the most stringent restrictions on TikTok in the United States.
The company that created the popular infertility treatment app Premom has announced to pay $200,000 in federal and state fines.
On Tuesday, May 16, Sam Altman, Chief Executive Officer of OpenAI, told US senators about the aspects of the development and application of artificial intelligence, the regulation of which he supports.
Wells Fargo & Co has decided to pay $1 billion to settle the court agreement.
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