Latest Data Driven Headlines

All the headlines from our Data Driven Topic Page, ordered by recency.

White House AI Council Meets as Legislative Action Stalls

Jan 29 2024 // The White House artificial intelligence council is meeting Monday, three months after President Joe Biden signed an executive order that aims to reduce the risks AI poses.White House Deputy Chief of Staff Bruce Reed, who...

Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk

Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...

Google Settles AI-Related Chip Patent Lawsuit That Sought $1.67B

Jan 26 2024 // Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company’s artificial-intelligence technology, according to a filing in Massachusetts federal court.The settlement...

New York Proposes Guidance Governing Insurers’ Use of AI

Jan 17 2024 // New York State is proposing guidance for insurance carriers to prevent unfair discrimination in their use of artificial intelligence and external data sources in underwriting and pricing.A circular letter from...

Tennessee Launches Effort to Protect Songwriters and Singers from AI Mimickry

Jan 12 2024 // NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee on Wednesday unveiled new legislation designed to protect songwriters, performers and other music industry professionals against the potential dangers of artificial...

China Orders Banks, Insurers to Review Cyber and Data Security

Jan 11 2024 // China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring the government’s increased focus on national security and data...

Maryland Governor Signs Order on AI Use, Creates Cybersecurity Task Force

Jan 10 2024 // Maryland Gov. Wes Moore on Monday announced a starting point for addressing the use of artificial intelligence in state government, as well as efforts to bolster cybersecurity.The governor signed an executive order that he...

Microsoft, OpenAI Hit With New Lawsuit by Authors Over AI Training

Jan 8 2024 // OpenAI and its financial backer Microsoft were sued on Friday in Manhattan federal court by a pair of nonfiction authors who say the companies misused their work to train the artificial-intelligence models behind the...

Questions on AI, Budget Deficit, Gun Owners Liability Await California Lawmakers

Jan 4 2024 // California lawmakers returned to work this week for the start of an election-year legislative session dominated by decisions on artificial intelligence and the state`s struggling budget.The budget is a big issue every year...

FTC Streamlines Probes Related to Artificial Intelligence

Dec 22 2023 // Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process approved by the U.S. Federal Trade Commission, the agency said on Tuesday.The move, along with...

Rite Aid Banned From AI Facial Recognition by FTC After Misuse

Dec 21 2023 // Rite Aid Corp. must stop using facial recognition for the next five years as part of a privacy settlement with the US Federal Trade Commission, which said the pharmacy chain misused the technology to mistakenly tag...

Artificial Intelligence Can’t Be Named as Inventor for Patents: UK Top Court

Dec 20 2023 // Artificial intelligence programs can’t be named as an inventor for patents, the UK’s top court said in a crucial ruling that’s in line with decisions in the US and the European Union refusing to put...

Cannabis Insurance Specialists See Optimism in 2024 Data, Planning for Growth and More Capacity

Dec 15 2023 // From a broad view, data from the cannabis industry fails to paint an informative picture of what lies ahead for the business in 2024 or what the year holds for insurance professionals specializing in servicing the...

Here’s What’s Next for the EU’s Landmark Artificial Intelligence Act

Dec 15 2023 // European Union countries and lawmakers last week agreed a provisional deal for artificial intelligence rules aimed at establishing guardrails for the rapid development of AI and setting a global standard in technology...

US Regulators Add Artificial Intelligence to Potential Financial System Risks

Dec 15 2023 // Rapid adoption of artificial intelligence (AI) could create new risks for the U.S. financial system if the technology is not properly supervised, a panel of regulators warned on Thursday.The Financial Stability Oversight...

Allianz D&O Outlook: ESG Claims ‘Here to Stay’ and AI Rapping at the Door

Dec 14 2023 // While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns associated with...

Agency E&O Webinar: Panelists Discuss Changing Exposures, AI & More

Dec 13 2023 // While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. Insurance Journal gathered three experts to...

Meta Used Copyrighted Books for AI Training Despite Lawyers’ Warnings, Say Authors

Dec 13 2023 // Meta Platforms’ lawyers had warned it about the legal perils of using thousands of pirated books to train its AI models, but the company did it anyway, according to a new filing in a copyright infringement lawsuit...

Tech Update: Hiscox London Mkt, Google Collaborate to Boost Underwriting With AI

Dec 12 2023 // Hiscox, the specialist global insurer, has collaborated with Google Cloud to create the first AI-enhanced lead underwriting model in the London market insurance industry.The collaboration combines Hiscox London...

Microsoft Agrees to Union Contract Terms Governing Its Use of AI

Dec 11 2023 // Microsoft Corp. has agreed to union contract language governing its use of artificial intelligence, creating an avenue for workers to challenge how it deploys the evolving technology.As part of negotiations with the...