EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

Meta and OpenAI CEOs Back EU Artificial Intelligence Rules
Meta and OpenAI CEOs Back EU Artificial Intelligence Rules
June 25, 2023  |  artificial intelligence

The heads of Meta and OpenAI have shown support for government artificial intelligence (AI) regulations.  Meta CEO Mark Zuckerberg and Sam Altman, chief executive of OpenAI, voiced their...

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Bitcoin Price Surges as JPMorgan and Others Launch Crypto Projects
Bitcoin Price Surges as JPMorgan and Others Launch Crypto Projects
June 23, 2023  |  Cryptocurrency

Bitcoin reached its highest level since June 2022 on Friday (June 23). The cryptocurrency’s value went as high as $31,410 before edging lower later in the day,...

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Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
June 23, 2023  |  Amazon

Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After...

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Report: OpenAI Lobbied for Amendments to EU’s AI Act
Report: OpenAI Lobbied for Amendments to EU’s AI Act
June 20, 2023  |  Artificial Intelligence

OpenAI reportedly lobbied for — and got — changes to the European Union’s artificial intelligence (AI) legislation. The ChatGPT creator succeeded in its efforts to alter “significant elements”...

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ACI Worldwide Offers Instant Payments to UK and EU Merchants
ACI Worldwide Offers Instant Payments to UK and EU Merchants
June 19, 2023  |  Real-Time Payments

ACI Worldwide has launched its instant payments solution for merchants in Europe and the U.K. ACI Instant Pay will let merchants in these areas accept instant...

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FDIC Readies Sale of SVB’s $460 Million German Business
FDIC Readies Sale of SVB’s $460 Million German Business
June 16, 2023  |  Banking

Beginning next week, bidders will get the chance to purchase Silicon Valley Bank’s German business. The Federal Deposit Insurance Corp. (FDIC) is set to open a data...

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AI Regulation: How Could It Impact Everyday Life for Consumers and Businesses
AI Regulation: How Could It Impact Everyday Life for Consumers and Businesses
June 15, 2023  |  Regulation

By Danni Yu & Benjamin Cedric Larsen Different AI regulatory regimes are currently emerging across Europe, the United States, China, and elsewhere. But what do these...

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EU Bans Biometrics as Part of New AI Rules
EU Bans Biometrics as Part of New AI Rules
June 14, 2023  |  artificial intelligence

Europe is leading the world in the push to regulate artificial intelligence (AI), with the European Union (EU) taking a proactive approach to ensuring AI...

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Report: France’s Macron Seeks Seat at AI Table
Report: France’s Macron Seeks Seat at AI Table
June 11, 2023  |  artificial intelligence

France’s president reportedly wants to secure a place in the artificial intelligence (AI) race. As Bloomberg News reported Friday (June 9), Emmanuel Macron has met with AI...

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