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U.S. House Introduces AI Fraud Deterrence Act to Combat AI-Driven Financial Crimes

U.S. House Introduces AI Fraud Deterrence Act to Combat AI-Driven Financial Crimes

by Jeremy Werner | Nov 18, 2024 | News

In an effort to address the growing threat of artificial intelligence (AI) in financial crimes, U.S. Representatives Ted Lieu and Kevin Kiley, both of California, have introduced the “AI Fraud Deterrence Act” to Congress. The bipartisan bill, unveiled on November 14,...
SEBI Proposes Comprehensive AI Governance for Securities Market

SEBI Proposes Comprehensive AI Governance for Securities Market

by Jeremy Werner | Nov 15, 2024 | News

The Securities and Exchange Board of India (SEBI) has introduced a consultation paper seeking public feedback on proposed amendments to its regulatory framework. These amendments aim to assign clear responsibility for the use of artificial intelligence (AI) tools by...
U.S. Department of Education Releases AI Toolkit to Guide Schools in Ethical AI Integration

U.S. Department of Education Releases AI Toolkit to Guide Schools in Ethical AI Integration

by Jeremy Werner | Nov 15, 2024 | News

The U.S. Department of Education has unveiled a new toolkit designed to help education leaders incorporate artificial intelligence (AI) into schools while prioritizing safety, equity, and ethical practices. Titled “Empowering Education Leaders: A Toolkit for...
Iceland Unveils Ambitious AI Action Plan for 2024–2026

Iceland Unveils Ambitious AI Action Plan for 2024–2026

by Jeremy Werner | Nov 15, 2024 | News

Iceland’s Ministry of Universities, Industry and Innovation has released its draft Artificial Intelligence Action Plan for 2024–2026, aiming to position Iceland as a global leader in the responsible use of AI. This comprehensive strategy, now open for public...
EU Releases First Draft of General-Purpose AI Code of Practice, Inviting Stakeholder Feedback on AI Governance Standards

EU Releases First Draft of General-Purpose AI Code of Practice, Inviting Stakeholder Feedback on AI Governance Standards

by Jeremy Werner | Nov 14, 2024 | News

The European AI Office has released the first draft of the General-Purpose AI Code of Practice, marking a critical milestone in the ongoing effort to establish clear standards for the development and deployment of AI across the European Union. Crafted by independent...
Global AI Ethics Observatory Expands to Drive Inclusive Governance Frameworks Worldwide

Global AI Ethics Observatory Expands to Drive Inclusive Governance Frameworks Worldwide

by Jeremy Werner | Nov 14, 2024 | News

The Global AI Ethics and Governance Observatory recently unveiled new tools and resources aimed at advancing equitable and inclusive AI standards across the globe. Established as a collaboration between The Alan Turing Institute, UNESCO, the Patrick J. McGovern...
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