Tag: AI ethics

Big Tech Faces Compliance Challenges Unveiled by EU’s AI Act Checker

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As the European Union (EU) prepares to implement its groundbreaking Artificial Intelligence Act (AI Act), a recent EU “AI Act checker” reveals compliance issues among major tech companies. This act, the first of its kind globally, aims to standardize AI regulations, address ethical concerns, and ensure transparency, safety, and fairness in AI deployment. However, findings […]

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OpenAI’s Huge Valuation Hinges on Upending Corporate Structure

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In recent years, OpenAI has positioned itself as a game-changing player in the artificial intelligence (AI) landscape. Known for its cutting-edge models like GPT, which have revolutionized sectors from content creation to customer service, OpenAI’s influence continues to grow. However, the company’s enormous valuation—pegged at upwards of $90 billion—relies not just on its innovative technology […]

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