AI News, August 1st, 2024
Here is the latest AI tech news from today, August 1, 2024:
- EU AI Act Enforced:
- The European Union's AI Act has officially come into force today. This comprehensive legislation will gradually implement various regulations over the next two years. Immediate changes include bans on prohibited AI applications like social credit ranking systems and real-time emotion recognition in schools and workplaces. Six months from now, the EU will begin drafting codes of practice for AI developers, and in one year, transparency requirements for general-purpose AI models will be enforced, particularly concerning safety and explainability (Engadget).
- OpenAI's Collaboration with US Government:
- OpenAI has announced that it will provide the US government early access to its next AI model. This move is part of OpenAI's ongoing efforts to enhance AI safety and transparency, ensuring that government bodies can assess new AI technologies before their public release (Engadget).
- NVIDIA and Mistral AI Partnership:
- NVIDIA and Mistral AI have unveiled a new AI model called NeMo, featuring a 12-billion parameter context window capable of handling up to 128,000 tokens. This model is designed for high performance in reasoning, world knowledge, and coding accuracy, marking a significant advancement in AI model capabilities for its size category (AI News).
- Meta and Apple's Regulatory Moves:
- Both Meta and Apple have decided to withhold their latest AI models from the European Union market due to regulatory concerns. This trend highlights the growing tension between tech giants and regulatory bodies as companies navigate the complex landscape of AI legislation and compliance (AI News).
- Productivity Boost from AI in the UK:
- A report by Workday suggests that AI could potentially boost UK productivity by £119 billion. This comes as the UK continues to struggle with a longstanding productivity slump, indicating the transformative potential of AI technologies in enhancing business efficiency and economic performance (AI News).
These updates reflect the significant regulatory, collaborative, and technological advancements in the AI sector, emphasizing the dynamic and evolving nature of the industry. For more detailed information, you can refer to sources like Engadget and Artificial Intelligence News.
