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artificial intelligence

Visa adds new AI tools to help fight digital fraud on payments

Visa Inc. is adding three new AI-powered fraud-prevention tools to its suite of products for business clients as the credit-card giant uses the technology...

Europe one step away from adopting AI rules after lawmakers’ vote

Europe moved closer to adopting the world's first artificial intelligence rules on Wednesday as EU lawmakers endorsed a provisional agreement for a technology whose...

Google pledges 25 million euros to boost AI skills in Europe

Google has pledged 25 million euros to help people in Europe learn to use artificial intelligence (AI), according to Reuters.  Announcing the funding on Monday,...

IMF warns AI to hit almost 40% of jobs worldwide and worsen overall inequality

The International Monetary Fund (IMF) warned that nearly 40% of jobs across the globe could be affected by the rise of artificial intelligence, with...

Europe agrees landmark AI regulation deal

Europe on Friday reached a provisional deal on landmark European Union rules governing the use of artificial intelligence including governments' use of AI in...

EU sees ‘convergence’ with Japan on AI says official

The European Union sees “convergence" with Japan on thinking about generative artificial intelligence (AI), a senior official said on Monday, according to Reuters.  “I see...

US warns EU’s landmark AI policy will only benefit big tech

The US warned the European Union that its proposed law to regulate artificial intelligence would favor companies with the resources to cover the costs...

EU to assess risks of critical technologies being weaponized says official

The European Commission will assess the risks of four critical technologies, including semiconductors and artificial intelligence, being weaponised by countries not aligned with its...

Facial-recognition ban gets lawmakers’ backing in AI Act vote

Europe got closer to a full-on ban on facial recognition in public spaces and reining in ChatGPT after lawmakers adopted a strengthened version of...

EU proposes rules making it easier to sue drone makers, AI systems

The European Commission on Wednesday proposed rules making it easier for individuals and companies to sue makers of drones, robots and other products equipped...