Big Tech

Amazon Calls for Development of Global Rules for Responsible AI

Amazon Calls for Development of Global Rules for Responsible AI
Amazon Calls for Development of Global Rules for Responsible AI
July 22, 2024  |  Artificial Intelligence

A year after leading American Big Tech companies agreed to the Biden administration’s voluntary commitments to manage the risks posed by artificial intelligence (AI), Amazon...

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Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data Shows
Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data Shows
July 19, 2024  |  Artificial Intelligence

Despite big budgets and bold plans, a new survey conducted by PYMNTS Intelligence reveals most large companies are struggling to implement AI in meaningful ways,...

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AI Money: AI Surge Spurs Tech Giants’ Expansion, Fuels Investment Frenzy
AI Money: AI Surge Spurs Tech Giants’ Expansion, Fuels Investment Frenzy
July 18, 2024  |  Artificial Intelligence

The artificial intelligence boom is reshaping the tech landscape, with industry leaders like TSMC, Microsoft, and Anthropic racing to meet soaring demand and capitalize on...

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Trump Running Mate J.D. Vance’s Antitrust Views Divide Business Leaders
Trump Running Mate J.D. Vance’s Antitrust Views Divide Business Leaders
July 16, 2024  |  ANTITRUST

It is an election year — and political uncertainty is top of mind for businesses. With the news Monday (July 15) that presidential candidate Donald...

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Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe
Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe
July 12, 2024  |  Legal & Regulation

For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad...

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Firms Look to Mitigate Consequences From Data Breaches
Firms Look to Mitigate Consequences From Data Breaches
July 11, 2024  |  Cybersecurity

The interconnected nature of financial systems can have cascading consequences when data is compromised. And with the recent news that the June cyber breach at...

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AI Regulation: Microsoft Leaves OpenAI, Senate Probes and Calls for Balance
AI Regulation: Microsoft Leaves OpenAI, Senate Probes and Calls for Balance
July 10, 2024  |  Artificial Intelligence

As artificial intelligence reshapes the tech landscape, regulators and lawmakers are scrambling to keep pace. Microsoft’s withdrawal from OpenAI’s board, an upcoming Senate hearing on...

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Regulators Wary of Banks Outsourcing to Tech Firms
Regulators Wary of Banks Outsourcing to Tech Firms
July 09, 2024  |  Bank Regulation

A top global banking regulator wants financial institutions to take more responsibility in outsourcing services. “Ongoing digitalisation has led to rapid adoption of innovative approaches...

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