The use of AI in banking was a topic in April, as Bank of America revealed it will spend $4 billion on AI initiatives in the coming year. The bank cited AI’s usefulness in reducing IT support calls and the over 90% usage...more
5/15/2025
/ Algorithms ,
Artificial Intelligence ,
Bank of America ,
Banking Sector ,
Copyright ,
Copyright Litigation ,
Data Privacy ,
Data Security ,
Deep Fake ,
Elon Musk ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Google ,
Machine Learning ,
Microsoft ,
Pending Litigation ,
Popular ,
Regulatory Agenda ,
Technology ,
Wells Fargo ,
WhatsApp
The U.S. government has expanded its relationship with OpenAI as NASA, the National Gallery of Arts and the IRS purchased ChatGPT licenses. This comes despite policymakers mulling potential concerns about the technology....more
12/16/2024
/ Artificial Intelligence ,
Banking Sector ,
Decentralized Finance (DeFi) ,
Federal Contractors ,
Financial Services Industry ,
Health Care Providers ,
Investment Banks ,
Machine Learning ,
Music Industry ,
Partnerships ,
Regulatory Agenda ,
Technology Sector
There has been a seismic shift in the relationship between Big Tech’s AI power couple, Microsoft and OpenAI. The former listed the AI pioneer as a competitor in its annual report, perhaps signaling a less friendly dynamic...more
9/24/2024
/ Apple ,
Artificial Intelligence ,
Artists ,
Banking Sector ,
Copyright ,
Copyright Litigation ,
Deep Fake ,
Department of Justice (DOJ) ,
Elon Musk ,
Government Investigations ,
Health Care Providers ,
Machine Learning ,
Microsoft ,
New Guidance ,
Popular ,
Proposed Legislation ,
Technology Sector ,
U.S. Commerce Department
Google and Microsoft are spearheading the Coalition for Secure AI, focusing on supply chain security and mitigation strategies. Whether this attempt at self-regulation will ultimately succeed is unknown, as it overlaps with...more
8/16/2024
/ Artificial Intelligence ,
Artists ,
Banking Sector ,
Copyright ,
Copyright Litigation ,
Data Security ,
Department of Energy (DOE) ,
Entertainment Industry ,
FCC ,
Federal Trade Commission (FTC) ,
FinTech ,
Google ,
Health Care Providers ,
Information Reports ,
Journalists ,
Microsoft ,
Proposed Legislation ,
Regulatory Agenda ,
Risk Mitigation ,
Securities and Exchange Commission (SEC) ,
Software ,
Strike ,
Supply Chain