NewsFeed

April 17, 2025

EU Urged to Act on AI or Risk Losing Ground

The European Union is urged to take bold action on artificial intelligence (AI) development to maintain competitiveness, as autocratic governments invest heavily in AI. OpenAI recommends four key principles to guide EU policy, including ensuring responsible use and building AI on democratic principles. The report warns that if the EU doesn't act quickly, funds will shift to projects backed by authoritarian regimes, potentially undermining European values.

https://www.pymnts.com/artificial-intelligence-2/2025/ai-regulations-openai-calls-on-eu-to-review-simplify-ai-rules/

April 17, 2025

AMD Warns of $800M Licensing Hit in China

Advanced Micro Devices (AMD) expects new US licensing requirements for semiconductors exported to China to cost it up to $800 million due to export controls on its MI308 graphics processing units, which are used in gaming and artificial intelligence applications. The company's earnings warning comes after rival Nvidia received a similar estimate of $5.5 billion from licensing requirements on its H20 chips for supercomputers in China.

https://www.malaymail.com/news/money/2025/04/17/us-chip-crackdown-deepens-amd-warns-of-us800m-hit-from-china-export-curbs-as-trade-war-batters-tech-giants/173353

April 17, 2025

Nvidia Hit with $5.5 Billion Export Restriction Loss

The US has restricted Nvidia's sale of AI chips to China, citing concerns over military capabilities. The move comes after the US House Select Committee on China demanded answers about sales to China and Southeast Asia. Nvidia warned of a $5.5 billion loss due to the export restrictions. This is part of Trump's efforts to limit China's access to advanced semiconductors.

https://www.thenews.com.pk/latest/1302192-white-house-considers-ban-on-deepseek-services-and-deals

April 17, 2025

Google's AI Hubs Power Global Computing Infrastructure

Large data centers are the hubs for artificial intelligence systems and computing, where most processing happens today.

https://www.ocregister.com/2025/04/17/power-thirsty-ai-data-centers/

April 17, 2025

Harvard Study Exposes 'Junk Science' on Google Scholar

Frontiers journal faced a debacle last year after retracting an article featuring AI-generated images of rat genitals and biological pathways. Researchers at Harvard Kennedy School's Misinformation Review highlighted the issue of "junk science" on Google Scholar, where unscientific content is often pulled up by the search engine. The use of AI in science has legitimate applications, but its large-scale deployment poses significant risks of misinformation for researchers and the general public, as embedded digital relics can be challenging to remove from the internet's record.

https://gizmodo.com/a-scanning-error-created-a-fake-science-term-now-ai-wont-let-it-die-2000590659

April 17, 2025

Nasdaq, Microsoft Must Disclose AI Use Accurately

The US Securities and Exchange Commission (SEC) requires publicly traded companies to provide accurate and timely updates on their use of artificial intelligence (AI). Companies must disclose how AI is used in their operations, including its financial and operational results, to avoid regulatory risks. This includes filing reports such as Form 10-K, 10-Q, and 8-K, which update investors on a company's financial performance and strategy. Companies like Nasdaq Inc and Microsoft Corp must ensure they accurately represent current corporate information and address any changes in their disclosures.

https://news.bloomberglaw.com/capital-markets/ai-explosion-complicates-reporting-and-regulation-for-companies

April 17, 2025

SEC Cracks Down on AI Disclosure Requirements

The US Securities and Exchange Commission (SEC) requires publicly traded companies to provide accurate and timely updates on their use of artificial intelligence (AI). Companies must disclose how AI is used in their operations, including its financial and operational results, to avoid regulatory risks. This includes filing periodic reports such as Form 10-K, Form 10-Q, and Form 8-K, which update investors on a company's financial performance and strategy. Companies that fail to provide accurate disclosures may face penalties and reputational damage.

https://news.bloomberglaw.com/artificial-intelligence/ai-explosion-complicates-reporting-and-regulation-for-companies

April 17, 2025

US House Panel Targets China's DeepSeek Over Security Threats

The US House panel has released a report warning of significant security threats posed by DeepSeek, a Chinese AI company, citing concerns over intellectual property theft, illegal data harvesting, and circumvention of US export control lists. This report may be the first step towards potential action against the company.

https://www.eurasiantimes.com/u-s-calls-chinas-deepseek-profound-security/

April 17, 2025

Google Blocks 5.1 Billion Bad Ads in 2024 Report

Google's 2024 Ads Safety Report reveals that the company blocked over 5.1 billion bad ads, with a significant increase in fraudulent activity attributed to advancements in Generative Artificial Intelligence (GenAI). The report also notes that Google's detection accuracy improved thanks to AI, leading to the suspension of almost 40 million advertiser accounts engaged in deceptive behavior.

https://www.techradar.com/pro/security/google-blocked-over-5-billion-ads-in-2024-as-ai-powered-scams-took-off