Investment advisors should not overly rely upon artificial intelligence for financial data interpretations. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently warned of the current risks artificial…
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National AI Research Resource Proposed by Congress
National Science Foundation would run the independent data hub. Representative Anna Eshoo of California introduced the Creating Resources for Every American To Experiment with Artificial Intelligence Act of…
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U.S. Navy Holds UNITAS 2023 Exercises
The naval branch is working to integrate proven unmanned technology into surveillance, range clearance, and target identification. The U.S. Navy used air and surface drones during the two-week…
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Senate Judiciary Committee Hears Testimony on AI
A CEO in the industry warns of risk to biosecurity. The Senate Judiciary Committee heard testimony this week from the chief executive of artificial intelligence (AI) company Anthropic,…
Read MoreSenate Holds First Classified Briefing on Artificial Intelligence
Senators respond to technological advances and limitations of AI. This week the full Senate received a classified briefing by intelligence and defense officials, including Director of National Intelligence…
Read MoreCommerce Secretary Announces AI Guidance Group
Administration partnering with the National Institute of Standards and Technology. Secretary of Commerce Gina Raimondo announced this week that a new public working group is being formed to…
Read MoreBill Proposed in Senate to Hold Companies Liable for AI
AI technology would be an exception to Section 230 internet protections. Senator Josh Hawley of Missouri and Senator Richard Blumenthal of Connecticut recently introduced legislation that would hold…
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Senators to Have Closed Door Briefings on AI
Potentials and risks to be investigated. Members of the Senate will be participating in closed-door meetings over the summer covering a number of questions surrounding artificial intelligence. In…
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IRS Says 1.1 Million Returns Possibly Fraudulent
Senators also request IRS counter scams that defraud individual taxpayers. The Internal Revenue Service has flagged some 1.1 million 2022 tax returns for potential identity fraud requiring additional…
Read MoreAdministration Investing $140M in AI Research and Development
Office of Management and Budget will provide policy guidelines. The White House announced an investment of $140 million in research and development of artificial intelligence ahead of a…
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