European Union Takes Steps to Regulate Artificial Intelligence

The European Parliament on Wednesday took a major step to legislate artificial intelligence, passing a draft of the AI Act, which puts restrictions on many of what are believed to be the technology’s riskiest uses. The EU has been leading the world in advancing AI regulation, and observers are already citing this developing law as a model framework for global policymakers eager to place guardrails on this rapidly advancing technology. Among the Act’s key tenets: it will dramatically curtail use of facial recognition software and require AI firms such as OpenAI to disclose more about their training data. Continue reading European Union Takes Steps to Regulate Artificial Intelligence

Altman Calls on China to Participate in Global AI Rulemaking

Sam Altman continues to call for coordinated international regulation of artificial intelligence. The OpenAI co-founder and CEO visited Seoul this past weekend to meet with South Korean President Yoon Suk Yeol, who issued a statement saying it is important to act “with a sense of speed” in establishing international standards or face unwanted “side effects.” Altman also virtually delivered a keynote address to Chinese AI researchers at an annual conference hosted by the Beijing Academy of Artificial Intelligence, calling on China to participate in global rulemaking. Continue reading Altman Calls on China to Participate in Global AI Rulemaking

Two New Bills Target Innovation, Transparency Regarding AI

U.S. senators on June 8 introduced two new bipartisan bills with implications for AI, one focused on artificial intelligence, the other more generally on emerging technologies. The first is an accountability act that would require the U.S. and its agencies inform people when AI is used in government interactions. The second bill, the Global Technology Leadership Act, seeks to establish an Office of Global Competition Analysis (OGCA) that evaluates “competitiveness in technology and innovation sectors critical to national security and economic prosperity relative to other countries,” with emphasis on “strategic competitors.” Continue reading Two New Bills Target Innovation, Transparency Regarding AI

TikTok Is Aiming for $20 Billion in Global E-Commerce Sales

TikTok is targeting a massive four-fold increase in global e-commerce revenue this year, aiming for $20 billion in sales. The social media platform reported gross merchandise activity of $4.4 billion last year, which reflects the total sale of goods via the TikTok Shop e-commerce solution. TikTok is banking on significant growth in markets including Indonesia, where influencers live-stream shopping pitches for everything from denim jeans to lipstick. The U.S. and Europe account for a tiny portion of the projected goal, but TikTok is hoping for modest gains in those areas as well. Continue reading TikTok Is Aiming for $20 Billion in Global E-Commerce Sales

Apple Is Planning Expansion and Updates to Retail Presence

Apple is reportedly planning at least 15 new retail stores in the Asia-Pacific market, as well as five more outlets in Europe and the Middle East, and four additional locations in North America. Initial reports indicate the expansion is expected to run through 2027 and will also include refurbishing or relocating existing stores in the U.S., Europe and Asia. Overall, the company is exploring 53 new, remodeled or relocated stores over the next four years. Revitalization of the 22-year-old retail operation arrives in the wake of Apple contending with the COVID-19 pandemic downturn and labor unrest at some of its locations. Continue reading Apple Is Planning Expansion and Updates to Retail Presence

TikTok Embraces AI with Tako Chatbot, Now in Limited Tests

TikTok is floating a trial balloon of its own AI chatbot, named Tako, now testing in select markets. Tako invites users to ask questions about TikTok videos and is also designed to help with discovery and recommendations. Tako’s public testing was first reported by Israeli app intelligence firm Watchful. TikTok subsequently confirmed testing in the Philippines and said Tako tests were live in some other global markets, but said the chatbot is not yet deployed in the United States. Unlike Microsoft’s Bing Chat, Google’s Bard and Snap’s My AI, Tako seems hyperfocused on TikTok content. Continue reading TikTok Embraces AI with Tako Chatbot, Now in Limited Tests

EU Report Identifies China as Bloc’s Biggest Piracy Problem

The European Commission has come out with a list of countries whose problematic copyright policies pose the biggest threat to EU interests. China is “Priority 1” among nations lacking intellectual property and trademark protections. Categorized as “Priority 2” are India, Indonesia, Russia, Turkey and Ukraine. Less troubling but still problematic are Argentina, Brazil, Ecuador, Malaysia, Nigeria, Saudi Arabia and Thailand, which fall into “Priority 3.” Several reports noted U.S. absence from the list, but the fact that this hotbed of piracy has aggressively implemented website blocking was viewed as mitigating. Continue reading EU Report Identifies China as Bloc’s Biggest Piracy Problem

Apple’s 5G Broadcom Extension Valued More Than $15 Billion

Despite moving a significant portion of its chip work in-house, Apple is extending its chip-supply contract with Broadcom in a deal estimated to be worth more than $15 billion with plans to run through 2026. The chip manufacturer will provide Apple with components for wireless connectivity, including 5G radio-frequency. There had been speculation that Apple planned to phase out Broadcom. Some see the deal as Apple’s capitulation to political pressure to source more U.S. manufacturing. Broadcom’s 5G-capable manufacturing hubs are located in U.S. cities including Fort Collins, Colorado, where Broadcom has a major facility. Continue reading Apple’s 5G Broadcom Extension Valued More Than $15 Billion

Montana’s TikTok Ban Tees Up First Amendment Legal Battle

Montana has become the first state to institute an outright ban on TikTok, barring it from operating in the region and prohibiting app stores from providing downloads there. The move is opposed not only by the Chinese-owned TikTok, but by free speech advocacy groups including the American Civil Liberties Union. The ban is set to go into effect January 1, 2024, though legal challenges could delay that implementation. Observers say the inevitable lawsuits fighting the legislation could prove instructive as relates to proposed federal TikTok bans in development in Washington. Continue reading Montana’s TikTok Ban Tees Up First Amendment Legal Battle

TikTok Rolls Out ‘NewMusic’ Global Search Hub for Discovery

TikTok is launching the #NewMusic search hub as a discovery space for global artists to showcase new songs. Prior to its Friday rollout, the hashtag already had 18 million views on TikTok, which is now fashioning it as a destination for music fans seeking content from new and established artists. TikTok says NewMusic will often feature exclusive drops and let artists connect with fans. The ByteDance company has partnered with Jonas Brothers and Miguel to promote NewMusic. Jonas Brothers’ new single “Waffle House” has amassed 1.1 billion views on TikTok’s For You pages internationally. Continue reading TikTok Rolls Out ‘NewMusic’ Global Search Hub for Discovery

Advanced Packaging for ‘Chiplets’ a Focus of CHIPS Funding

Ten years ago AMD introduced the concept of smaller, interconnected chips that together work like one digital brain. Sometimes called “chiplets,” they’re generally less expensive than building one large chip, and when grouped together into bundles have often outperformed single wafters. In addition to AMD, companies including Apple, Amazon, Intel, IBM and Tesla have embraced the chiplet formula, which leverages advanced packaging technology, an integral part of building advanced semiconductors. Now experts are predicting packaging is going to be even more of a focus in coming years, as the global chip wars heat up. Continue reading Advanced Packaging for ‘Chiplets’ a Focus of CHIPS Funding

Biden Administration Hosts Tech Elite at White House AI Meet

The Biden administration has committed $140 million to create seven new artificial intelligence research hubs, bringing the national total to 25. The announcement coincided with Vice President Kamala Harris’ Thursday meeting with representatives from Alphabet, Anthropic, Microsoft, and OpenAI and new White House guidance on AI development. The developments are part of an effort to curtain security risks associated with AI and ensure that it is implemented responsibly. “The private sector has an ethical, moral and legal responsibility to ensure the safety and security of their products,” Harris said following the meeting, which included a drop-in by President Biden. Continue reading Biden Administration Hosts Tech Elite at White House AI Meet

Backlash Prompts Twitter to Drop State-Affiliated Media Label

Twitter has reversed its decision to label public broadcasters as “government funded” or “state affiliated” — designations that under previous ownership were reserved for propaganda arms. The Friday move came after NPR and Canada’s CBC paused their Twitter accounts in protest. The BBC was also hit with a state-sponsored appellation. Outlets that challenged the state-sponsored appellation say only part of their funding comes from the government, and stress their terms include editorial independence. The reversal came one day after Twitter began removing the blue verification check marks from the accounts of thousands of non-paying users. Continue reading Backlash Prompts Twitter to Drop State-Affiliated Media Label

BuzzFeed News Closing as the Industry Continues to Struggle

BuzzFeed is closing its Pulitzer Prize-winning BuzzFeed News operation in a consolidation aimed at improving the company’s balance sheet. “We are reducing our workforce by approximately 15 percent today across our business, content, tech and admin teams, and beginning the process of closing BuzzFeed News,” BuzzFeed CEO Jonah Peretti explained in a memo to staff on Thursday. The layoffs will affect about 180 employees. The company will continue operating the meme-driven BuzzFeed.com while HuffPost, acquired in 2020 from Verizon, will carry the mantle for news reporting. Continue reading BuzzFeed News Closing as the Industry Continues to Struggle

TSMC Seeks $15 Billion in U.S. Incentives to Build Foundries

Taiwan’s TSMC, the largest semiconductor manufacturer in the world, is seeking $15 billion in U.S. subsidies to help build two chip factories in Arizona, but is pushing back against terms that include sharing detailed information about its stateside operations and possibly profits. Some South Korean semiconductor firms are also said to have raised objections. The White House contends the criteria are in place to protect American taxpayers and ensure the subsidies are being spent as intended. TSMC has pledged $40 billion of its own funds for the project. Continue reading TSMC Seeks $15 Billion in U.S. Incentives to Build Foundries