artificial intelligence

artificial intelligence
Facebook Owner Meta Gives AI Community Access to Large Language Model
May 03, 2022

Facebook owner Meta Platforms Inc has expanded access to a large language model to include the artificial intelligence (AI) community to aid in research, the company announced on Tuesday (May 3). Meta’s model is the first 175-billion-parameter language model to be made available to the...

artificial intelligence
UK Regulators’ Path for AI Starts With Auditing Algorithms
May 02, 2022

The Digital Regulation Cooperation Forum (DRCF), a group of four U.K. regulators, published last week, April 28 two documents where it provided businesses with guidance about the benefits and risks of artificial intelligence (AI) and machine learning (ML) and how to audit algorithms.  The United...

artificial intelligence
US FTC Could Find NIST an Ally to Push Its AI Agenda
April 28, 2022

The Federal Trade Commission (FTC) is the federal agency leading the regulatory efforts in the U.S. on artificial intelligence (AI). Since November 2021 when it issued limited guidance in AI and machine learning and later through enforcement actions in 2022, the FTC has made clear...

artificial intelligence
Lyft’s Expert in Machine Learning to Lead Pentagon’s New AI Office
April 25, 2022

Craig Martell, the head of machine learning for Lyft, is joining the Pentagon to be the leader of its new data and artificial intelligence office, Bloomberg reported Monday (April 25). The report said Martell is a former professor of computer science at the Naval Postgraduate...

artificial intelligence
What a 19-Year-Old High School Dropout Is Teaching Big eCommerce Brands About AI-Powered Product Recommendations
April 12, 2022

Tech has its share of dropouts who made it look like the stuff of champions — Larry Ellison, Steve Jobs, Bill Gates — it’s an impressive list. They grew up to reshape the world. As adults. Add Depict.ai Founder and CEO Oliver Edholm to that elite...

artificial intelligence
IBM Launches Real-Time AI for Transaction Processing
April 06, 2022

IBM has introduced what it calls the next-generation system with an integrated artificial intelligence (AI) accelerator that promises to detect and prevent fraud, the New York-based tech company announced Tuesday (April 5) Dubbed IBM z16, Big Blue said the feature was developed to allow customers to analyze...

artificial intelligence
Next 3 Years: Converting a Stranger in 3 Clicks With AI Recommendation-as-a-Service
March 29, 2022

Google tried to get ahead of web cookies in 2020, announcing that its Chrome browser would stop supporting them in 2022. That’s been pushed to 2023, but the end of web cookies is coming, and for experts in recommendation — the point of personalization —...

artificial intelligence
Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
March 21, 2022

Use of artificial intelligence (AI) by financial institutions (FIs) and FinTechs is growing exponentially, and regulators are closing in on rule making for advanced systems that power decisioning at scale for financial outcomes that may be biased, potentially causing bias at scale. After seeking input...

artificial intelligence
Companies Collaborate With Regulators to Limit AI Biases
March 14, 2022

One area where companies involved in artificial intelligence (AI) are focusing most of their efforts is in reducing unfair bias, Matteo Quattrocchi, director for policy at BSA, The Software Alliance, told PYMNTS, and working with regulators to design good guidelines and frameworks is essential. Quattrocchi,...