2025-05-15 One-Minute Post

Google launches “AI Futures Fund” for investing in AI startups. Meta faces lawsuit over data use for AI training in Europe. Insurers struggle with trust issues and bias in AI-driven decisions. Companies urged to reduce bias in AI-based decision making. Study assesses bias in AI-generated medical language. AI detects millions in VAT fraud, highlighting the importance of fairness. EU’s McGrath discusses upcoming Digital Fairness Act to address fairness in AI.

Articles we found interesting:

1. Google is testing AI search on its homepage - CNBC link Highlight: The company this week launched an investment fund called "AI Futures Fund," aimed at investing in AI startups. … California Consumer Privacy Act (CCPA) …
2. Advocacy group threatens Meta with injunction over data-use for AI training | Reuters link Highlight: Meta rejects the advocacy group's arguments · Has cited legitimate interest under EU privacy rules · Campaigners says damage claims could be many …
3. Meta lawsuit: Data use and AI take center stage in Europe | Fingerlakes1.com link Highlight: … AI systems. Austrian privacy group noyb (None of Your Business), led by well-known advocate Max Schrems, has sent a cease and desist letter to Meta.
4. Trust issues stall insurers' plans for youth, AI growth – GlobalData link Highlight: How to gain consumers' trust. “Insurers must prioritise transparency in AI-driven decisions, particularly among those who perceive bias in the tools, …
5. A big struggle over how to implement AI - STAT News link Highlight: From the STAT archives: Where URAC saw an opportunity to step up when the Trump administration changed the nation's AI priorities, a health AI bias …
6. Data Privacy at the Crossroads of AI and Life Sciences: U.S. and EU Perspectives link Highlight: Similarly, companies must take steps to reduce bias in their AI-based decision making. Large language models, for example, can perpetuate biases …
7. Toward fair AI-driven medical text generation | Nature Computational Science link Highlight: A recent study assesses bias in artificial intelligence (AI)-generated medical language to find differences in age, sex, and ethnicity.
8. Artificial Intelligence picks up millions in VAT fraud - vatcalc.com link Highlight: Most of this increase was directly attributed to the use of artificial intelligence (AI) tools designed to combat VAT and tax evasion. … fairness. The …
9. AI is being analyzed in B2C contexts for upcoming bill, EU's McGrath says | MLex link Highlight: … AI-powered chatbots. He said that the upcoming Digital Fairness Act will address the "missing pieces of the puzzle" for a fair digital market, but …

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