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...“Officials are exploring moving on regulation for the most powerful AI models,” said one of the people briefed on the situation, adding that the Department for Science, Innovation and Technology is “developing...
...Google reported $175bn in revenue from search and related ads last year, more than half its total sales, posing a conundrum for the company over how to embrace the latest AI innovations while preserving...
...That is because the legislation, for the first time, provides a clear set of rules for those building so-called foundation models — the technology that underpins generative AI products such as OpenAI’s ChatGPT...
...Joe McReynolds, China security fellow at the Jamestown Foundation, said: “When the SSF was created, they rearranged existing capabilities under a new command structure....
...Generative AI technology remains prone to “hallucinations”: namely, generating inaccurate or false information....
...The Department for Science, Innovation and Technology was contacted for comment....
...“So any fund willing to invest at this time will be a lifeline for start-ups and will fuel innovation on the continent.”...
...The university’s research foundation alleges that Inpria, a US subsidiary of Japan’s JSR, has been selling chip materials products that are based on technology invented by one of its professors, according...
...Preventing AI monopolies is part of a healthy innovation climate, and it is increasingly critical for a better public understanding of the technology. In this case, those goals overlap....
...These technologies now function like public infrastructure rather than proprietary platforms....
...It has been used to spread false information, manipulate public opinion and impersonate politicians....
...“Today’s charges are the latest illustration of the lengths affiliates of companies based in the People’s Republic of China are willing to go to steal American innovation,” FBI director Christopher Wray...
...The tool is also able to summarise this information....
...One senior figure at UKRI said the involvement of Jones, a director general in the Department for Science Innovation and Technology (DSIT), in Donelan’s letter represented a “potential conflict of interest...
...Last year, Saudi Arabia’s Saline Water Conversion Corporation launched a $10mn global prize for Innovation in Desalination....
...Early internet networks, like the web and email, provided a stable foundation upon which people could build businesses and establish a direct connection to their audience....
...“AI and machine learning models are fundamentally different from previous information technologies,” says Chenault....
...Network effects are familiar by now: information processing products and marketplace services become more valuable the more users they have. “Recombination of ideas” is more complex....
...“History shows that new technologies can create new markets and healthy competition....
...The Hollywood writers’ strikes were at their core about control of AI, and unions are taking on the issue of technology regulation more broadly....
...“The last-minute attempt to regulate foundation models has turned this on its head,” said Cecilia Bonefeld-Dahl, director-general for DigitalEurope, which represents the continent’s technology sector....
...Joe Conason, president of The American Independent Foundation, said that in late 2023 the group had separated the foundation, a non-profit operating the Independent state newspapers, and spun off a separate...
...ChatGPT also regularly “hallucinates” — that is, it makes up incorrect information....
...“At the top of the pyramid are the people who can build foundation models and make them sing....
...The case revolved around an R2 patent for voltage-regulating technology in chips....
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