2024-07-16 One-Minute Post

2024, Jul 16    

EU’s AI Act becomes law, set to apply from 2026. FINRA seeks feedback on AI tool regulations. Meta faces complaint for scraping user data for AI. New York mandates insurers to test AI for bias. HP introduces AI Studio to combat bias in models.

Articles we found interesting:

  • 1. Data Privacy Newsletter - Issue 25 - Slaughter and May link Highlight: LEGAL UPDATES. EU Artificial Intelligence Act passes into law. The EU's AI Act will come into force on 1 August and will apply from 2 August 2026, …

  • 2. FINRA issues regulatory guidance on members using generative AI tools - JD Supra link Highlight:privacy and integrity, reliability and accuracy of the AI model.” FINRA noted it welcomes feedback on how it could update its rules to address the …

  • 3. UK watchdog gets complaint of Meta scraping user data for AI - The Register link Highlight:privacy policy which allows it to scrape user data to develop AI models. Open Rights Group (ORG), a UK-based membership organization that …

  • 4. Insurers must test AI for bias, New York State says - Newsday link Highlight: Insurers must test AI for bias, New York State says. DFS Superintendent Adrienne Harris said insurance companies cannot use AI… DFS …

  • 5. HP Takes AI Leadership to the Next Level link Highlight:bias in models in Z by HP AI Studio; Introducing the first HP OmniBook Ultra, the world's highest performance AI PC1 with up to an industry-leading …

  • 6. HP is here to combat hallucinations and bias when making AI models - Windows Central link Highlight:bias in AI models. The integration of Z by HP AI Studio with Galileo makes that AI development platform the first to integrate a trust framework …

Updated Everyday by: (Supriti Vijay & Aman Priyanshu)