Global insurtech investment reached $1.38 billion in the third quarter of 2024, marking the highest funding level since Q1 ...
The integration of Artificial Intelligence (AI) into drones has revolutionised various industries, from agriculture and logistics to surveillance and defence. AI-powered drones offer advanced ...
Recognizing the inherent danger of unregulated artificial intelligence, governments all over the world are paying closer ...
On August 2, the European Union Artificial Intelligence Act (the Act) became effective. It is the world’s first comprehensive legal framework ...
Organizations aim to empower stakeholders with generative capabilities that streamline workflows, transforming traditionally manual processes into automated efficiencies. However, the complexities of ...
There are significant challenges in managing military data, including issues of data bias, access control, security, and ...
Artificial intelligence (AI) has been used in banking for decades now. AI-assisted decision-making, machine learning-led automation, and chatbots, have all been around and found their place in making ...
Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services ...
And then, in 2023, regulation on generative AI models ... However, there was also pushback to the EU AI Act, which was nevertheless introduced. Thus, it is not clear whether the ongoing delay ...
IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites ...
In December 2023, the European Commission approved the ... A genAI provider will draw the first EU AI Act fine. In February 2025, private parties (but not regulators) may begin enforcing the ...
Following an initial pilot with 4,200 EY tech-focused team members in 2023, the global organization ... in its use and compliance as the new EU AI Act obligations become effective.” ...