FHFA Announces AI Governance Framework in Bulletin
The Federal Housing Finance Agency (FHFA) has released a bulletin establishing a governance framework for AI technology and its implications in housing finance, marking an important step for regulatory oversight in AI usage.
FTC Tosses Ban On AI-Fueled Tool For Stifling Innovation
The FTC’s decision to toss a previous ban on an AI tool enhances opportunities for innovation in the field, which could significantly impact various industries employing AI technologies.
Florida AI bill of rights proposal emerges with support from Gov. Ron DeSantis
The introduction of a Florida AI bill of rights aims to empower consumers while regulating AI development and its commercial applications, signaling a significant policy initiative in the realm of AI governance.
Instacart halts ‘item price tests’ amid scrutiny of its AI tools
Amid growing scrutiny regarding its AI-driven pricing strategies, Instacart has decided to suspend its testing program after raising concerns about variable pricing for customers, highlighting challenges in AI implementations.
In Idaho, AI Improves Government Experience, Efficiency
The implementation of AI technology in Idaho’s government services has resulted in improved experience and efficiency for both employees and citizens, setting a benchmark for other regions.
New York’s New AI Law Creates Oversight Office, Standards
New York’s recent AI law establishes an oversight office that is set to standardize practices across businesses, indicating a significant regulatory step that may influence how AI is deployed commercially.
Instacart ends AI pricing test that charged shoppers different prices for the same items
Instacart’s decision to end a controversial AI pricing test reflects the business impacts and customer reaction to AI-driven pricing methodologies, emphasizing the importance of transparency in AI applications.
NOAA unveils AI weather models promising faster, more accurate forecasts
The NOAA’s introduction of AI-enhanced weather models represents a crucial advancement in predictive technology that can impact various industries relying on accurate weather forecasts.
‘Drop the package’: AI security service promises to stop thieves in their tracks
An innovative AI security service aims to combat package theft by employing advanced AI technologies, providing a practical solution for businesses and homeowners.
Japanese government adopts first basic plan on AI
Japan has established its first foundational policy framework on AI, which lays the groundwork for ethical AI development and regulatory measures, potentially influencing global AI governance frameworks.
Washington Eyes Federal Control of AI Regulation
The increasing attention by federal authorities towards AI regulation signals potential changes in policy that could reshape business operations involving AI across various sectors.
Bank of America Says AI Increasingly Contributes to US Economic Growth
A report from Bank of America reveals the growing economic impact of AI in the United States, with insights on how AI technology is reshaping industries and promoting economic growth.
CR investigation: Instacart’s AI-enabled pricing experiments may be inflating your grocery bill
An investigation into Instacart’s AI-enabled pricing practices suggests possible inflation in grocery prices, raising consumer trust issues and suggesting the need for greater scrutiny in AI applications.
Teachers test-drive AI as schools give mixed signals on rules
Educators are exploring the use of AI in classrooms amidst regulatory uncertainty, highlighting the critical need for clearer policies surrounding AI adoption in education.
ByteDance plans to lift AI spending to $23 bln in 2026, FT reports
ByteDance is ramping up its AI investment significantly to compete with rivals, reflecting the intensifying race in AI development and its pivotal role in corporate strategies.
Tohoku University and Fujitsu utilize Causal AI to discover superconductivity mechanism of promising new functional material
The collaboration between Tohoku University and Fujitsu using causal AI reveals significant advancements in material science that could impact multiple industries.
The AI Boom Is Making Real-Estate Investors Rich—and Exposing Them to Risk
An analysis of how the integration of AI in real estate is leading to both substantial gains and increased risks for investors, emphasizing the dual-edged impact of AI technology in traditional sectors.
OpenAI details efforts to secure its ChatGPT Atlas browser against prompt injection attacks
OpenAI shares its proactive measures against cybersecurity threats affecting its AI products, emphasizing the importance of security in AI deployment in business.