Colorado lawmakers are considering changes to a law aimed at preventing automated bias by AI systems, which was introduced in 2024. The proposed legislation would loosen restrictions on the use of AI in employment, finance, housing, and other sectors. Governor Jared Polis supports the bill, while AI developers say it is overly broad.
https://news.bloomberglaw.com/ip-law/colorado-ai-bill-would-overhaul-states-sweeping-anti-bias-lawThe US Department of Justice is urging more attention to be paid to rising AI-related financial crimes, with former Deputy Attorney General Lisa Monaco warning of a "robust" approach to enforcement. The increasing sophistication of AI-powered scams, including confidence tricks and cyberattacks, poses significant challenges for law enforcement. Financial frauds are becoming easier to commit using AI, such as fake digital personas used in romantic or financial relationships, making it essential for the DOJ to take action to combat these crimes.
https://news.bloomberglaw.com/before-the-bar/rising-ai-financial-crimes-need-more-urgent-attention-from-dojGenpact has released new research on driving AI adoption in the insurance industry, highlighting strategies to overcome customer skepticism. The study aims to reshape perceptions of artificial intelligence in insurance, with a focus on turning uncertainty into confidence among customers.
https://www.prnewswire.com/news-releases/genpact-study-shows-insurance-customers-embrace-ai-when-value-and-benefits-are-clearly-demonstrated-302440905.htmlMeta has launched a new AI app called "Llama 4" that offers a voice and personal touch with a social side, rivaling ChatGPT. The app is powered by Meta's Llama 4 technology and allows users to interact with the AI in a more conversational manner. This move marks another attempt by Meta to compete with other popular AI chatbots like ChatGPT.
https://www.livemint.com/technology/tech-news/metas-standalone-ai-app-goes-live-llama-4-powered-voice-assistant-comes-with-memory-and-a-social-side-11745947690506.htmlMeta is launching a standalone app for its AI assistant, aiming to increase its usage beyond its existing platforms including WhatsApp, Instagram, Facebook, and Messenger.
https://nypost.com/2025/04/29/business/mark-zuckerbergs-meta-takes-on-chatgpt-with-launch-of-standalone-ai-app/Aravind Srinivas, the CEO of Perplexity AI, is developing an AI assistant to combat WhatsApp misinformation. The new tool aims to identify and flag false information on the platform. Srinivas believes that AI can help reduce the spread of misinformation, which has become a significant issue on social media platforms like WhatsApp.
https://www.livemint.com/technology/tech-news/aravind-srinivas-wants-to-tackle-whatsapp-misinformation-with-new-perplexity-ai-assisstant-how-it-works-11745901232043.htmlThe US Senate has passed a bill providing legal protections for victims of non-consensual intimate imagery, including deepfakes generated using AI. Senator Amy Klobuchar hailed the passage as an important step forward, stating that it will help victims pursue justice and have material removed from social media platforms, holding perpetrators accountable.
https://apnews.com/article/take-it-down-deepfake-trump-melania-first-amendment-741a6e525e81e5e3d8843aac20de8615Global trade tensions and tariffs have increased uncertainty, affecting semiconductor markets. Demand for AI-related segments remains strong, while others like automotive and PC chips see weak demand. Chipmaker TSMC benefits from sustained AI chip demand, with ASM's equipment used in its production. Europe-based ASM expects a 1-6% sales increase in Q2, up from €839.2 million in Q1.
https://channelnewsasia.com/business/asm-international-expects-fy-sales-growth-10-20-despite-tariff-uncertainty-5097816According to Orgvue, a significant number of UK businesses have regretted making redundancies due to AI adoption, with 55% admitting the decision was wrong. This has led to internal confusion, causing employees to quit and productivity to drop, contrary to initial expectations. The experience has made businesses more cautious about relying on AI to replace human workers, as they now understand its limitations.
https://www.techradar.com/pro/over-half-of-uk-businesses-who-replaced-workers-with-ai-regret-their-decision