May 21, 2024 3:37 PM

Europe sets benchmark for rest of the world with landmark AI laws

Europe's landmark rules on artificial intelligence will enter into force next month after EU countries endorsed on Tuesday a political deal reached in December, setting a potential global benchmark for a technology used in business and everyday life. The European Union's AI Act is more comprehensive than the United States' light-touch voluntary compliance approach while China's approach aims to maintain social stability and state control. The vote by EU countries came two months after EU lawma...

May 14, 2024 4:16 PM

AI, green development to empower global economic growth: leaders

The fast-evolving sectors of artificial intelligence (AI) and green development can serve as major new growth engines to drive the global economy forward, according to attendees at the 2024 Global Trade and Investment Promotion Summit in Beijing on Monday. The summit was held under the theme of "Mutual Trust and Cooperation: Navigating through Profound Changes" and was organized by the China Council for the Promotion of International Trade (CCPIT). Representatives from both trade and investment...

May 8, 2024 4:38 PM

Biden to unveil $3.3 billion Microsoft AI investment in battleground Wisconsin

President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said. The Microsoft facility in Racine County, in southeastern Wisconsin, will be built on the same land where Taiwan electronics manufacturer Foxconn had planned to build a $10 billion factory that former President Donald Trump once called "the eighth wonder of the world," ...

April 13, 2024 12:03 PM

Supreme Court to host 2-day conference on technology, judicial dialogue with Singapore

Aiming to explore the intersection of technology and the legal system, particularly focusing on the transformative role of Artificial Intelligence (AI) in judiciary, the Supreme Court is organising a two-day conference on Technology and Dialogue between the Supreme Courts of India and Singapore on April 13 and 14, 2024. Chief Justice of India DY Chandrachud and Chief Justice of Singapore Justice Sundaresh Menon alongside judges, jurists, and experts will engage in panel discussio...

September 16, 2024 5:02 PM

We need to establish some Dos and don’ts”: PM Modi-Bill Gates discuss ethical AI usage

In a freewheeling conversation with Microsoft Co-Founder Bill Gates Prime Minister Narendra Modi highlighted important measures that should be taken while using Artificial Intelligence (AI) in the contemporary technological world, and said that the world should establish some dos and don'ts for using this technology. "In a vast democratic country like India, the misuse of deep fake technology. For example, they may misuse my voice. It can initially deceive people, leading to widespread chaos. I...