Google’s Gradient Ventures leads $8.2M Series A for Vault Platform’s misconduct reporting SaaS

Vault platform - Gradient Ventures

Fixing workplace misconduct reporting is a mission that’s snagged London-based Vault Platform backing from Google’s AI focused fund, Gradient Ventures, which is the lead investor in an $8.2 million Series A that’s being announced today.

Read More

In latest big tech antitrust push, Germany’s FCO eyes Google News Showcase fine print

Newspaper stack

The Bundeskartellamt, Germany’s very active competition authority, isn’t letting the grass grow under new powers it gained this year to tackle big tech: The Federal Cartel Office (FCO) has just announced a third proceeding against Google.

Read More

The legal framework of the new European Union AI Market

Regulation

The European Commission has proposed a regulation on AI. The title is “the Regulation of the European Parliament and of the Council laying down harmonised rules on artificial intelligence (artificial intelligence act) and amending certain union legislative acts” (hereafter “the Regulation” ) but you can read it as “the legal framework of the new European Union AI market ”.

Read More

European AI needs strategic leadership, not overregulation

Arrows and shapes

The EU Commission recently proposed a new set of stringent rules to regulate AI, citing an urgent need. With the global race to regulate AI officially on, the EU published a detailed proposal on how AI should be regulated, explicitly banning some uses and defining those it considers “high-risk,” planning to ban the use of AI that threatens people’s rights and safety.

Read More

Europe – commission legal framework on Artificial Intelligence could impact Talent Acquisition and Assessment

European Union

The European Commission is proposing the first ever legal framework on Artificial Intelligence, which addresses the risks of AI and aims to develop an ecosystem of trust around AI. The proposal is based on EU values and fundamental rights and aims to give people the confidence to embrace AI-based solutions, while encouraging businesses to develop them.

Read More

Artificial Intelligence and Automated Systems Legal Update (1Q21)

AI regulation

Regulatory and policy developments during the first quarter of 2021 reflect a global tipping point toward serious regulation of artificial intelligence (“AI”) in the U.S. and European Union (“EU”), with far-reaching consequences for technology companies and government agencies.[1]   In late April 2021, the EU released its long-anticipated draft regulation for the use of AI, banning some “unacceptable” uses altogether and mandating strict guardrails such as documentary “proof” of safety and human oversight to ensure AI technology is “trustworthy.”

Read More

Europe lays out plan for risk-based AI rules to boost trust and uptake

Dissolving man

European Union lawmakers have presented their risk-based proposal for regulating high risk applications of artificial intelligence within the bloc’s single market. The plan includes prohibitions on a small number of use-cases that are considered too dangerous to people’s safety or EU citizens’ fundamental rights, such as a China-style social credit scoring system or certain types of AI-enabled mass surveillance.

Read More