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22 Feb 2025

Arizona Advances Bill to Ban AI from Denying Medical Claims, Following California's Lead

Arizona lawmakers have passed legislation to prohibit the use of AI in denying medical claims, requiring human review. This move follows similar action in California and reflects growing concerns about AI's role in healthcare decisions.

2 Sources

US Energy Council Calls for 15% Increase in Power Plant Output to Meet AI Demands

U.S. Interior Secretary Doug Burgum urges power plants to boost electricity production by 10-15% to support AI expansion, emphasizing the need for rapid infrastructure development and avoiding premature shifts away from fossil fuels.

3 Sources

India's AI Ambitions: Government Receives 67 Proposals for Indigenous Foundational Models

India is making significant strides in developing its own AI foundational models, with the government receiving 67 proposals from various entities. This initiative aims to create a secure, cost-effective, and ethically sound AI ecosystem tailored to India's unique needs.

5 Sources

Fed Vice Chair Jefferson: AI Accelerates Investor Reactions to Central Bank Communications

Federal Reserve Vice Chair Philip Jefferson discusses the impact of AI on investor reactions to central bank communications, highlighting both potential benefits and concerns for monetary policy transmission.

3 Sources

OpenAI Cracks Down on ChatGPT Misuse: Bans Accounts Linked to Surveillance and Influence Campaigns

OpenAI has banned multiple accounts for misusing ChatGPT in surveillance and influence campaigns, highlighting the ongoing challenge of preventing AI abuse while maintaining its benefits for legitimate users.

15 Sources

DOGE's Data Access Sparks Privacy and Security Concerns Across US Government

Elon Musk's Department of Government Efficiency (DOGE) gains access to sensitive government databases, raising alarms about data privacy, national security, and potential misuse of information.

5 Sources

US 'No Fakes Bill' Proposes Intellectual Property Rights to Combat Deepfake Threats

A new US bill aims to give individuals intellectual property rights over their likeness to protect against deepfakes, raising questions about its effectiveness and potential adoption in other countries like New Zealand.

2 Sources

21 Feb 2025

Open-Source AI Foundation Launches $10 Million Campaign for Government AI Transparency

The Open-Source AI Foundation (O-SAIF) initiates a $10 million campaign to promote open-source AI in government agencies, advocating for transparency and public auditability in AI systems used by civilian agencies.

2 Sources

Meta and Google Executives Criticize EU's AI Regulations, Citing Innovation Concerns

Top executives from Meta and Google have voiced concerns over Europe's strict AI regulations, arguing that they are stifling innovation and delaying product launches in the region.

2 Sources

China's Tech Sector Sees Surge in Offshore Fundraising Amid Regulatory Easing and AI Boom

Chinese tech companies are accelerating offshore fundraising plans, buoyed by signs of regulatory easing and the success of AI startup DeepSeek. This shift marks a potential reversal of recent sluggish fundraising activity and could provide Chinese firms with much-needed capital for growth.

2 Sources

RBI Deputy Governor Urges Stronger AI Governance and Customer Education in Financial Sector

RBI Deputy Governor Rajeshwar Rao emphasizes the need for financial institutions to educate customers about risks, implement robust AI governance, and adapt to technological changes while maintaining regulatory compliance and customer protection.

3 Sources

Meta Defends Torrenting Practices in AI Training Dataset Lawsuit

Meta claims it didn't seed pirated books used for AI training, sparking debate on copyright infringement and data acquisition methods in AI development.

2 Sources

SEC Launches Cyber and Emerging Technologies Unit to Combat AI and Crypto Fraud

The U.S. Securities and Exchange Commission establishes a new unit to address cybercrime and fraud in emerging technologies, including AI and cryptocurrencies, aiming to protect investors and promote innovation.

3 Sources

RBI to Leverage AI and ML for Market Prediction and Risk Management

The Reserve Bank of India (RBI) is set to implement AI and machine learning tools to predict market behavior, detect abnormalities, and enhance risk management in the financial sector.

2 Sources

Cisco's AI Defense: Tackling the Growing Threat of Adversarial AI

Cisco launches AI Defense to address the widening gap between adversarial AI and defensive AI, offering real-time monitoring, model validation, and policy enforcement at scale.

2 Sources

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