Kaustuv Basu
Senior Enterprise Reporter at Bloomberg Industry Group
Senior enterprise reporter, Bloomberg Industry. Please send tips and story ideas to [email protected]
Articles
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1 week ago |
news.bloomberglaw.com | Cassandre Coyer |Kaustuv Basu
All eyes turned to Sam Altman. It had been days of workshops and panels at IAPP’s privacy summit, where professionals talk about managing personal information responsibly. Now, Altman, the CEO of OpenAI Inc. was asked: “What does privacy mean to you? Can I ask you that? What do you think privacy means?”Altman, who was attending virtually, hesitated briefly as he loomed over the audience from a giant video screen at Washington’s convention center.
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2 weeks ago |
news.bloomberglaw.com | Kaustuv Basu
The growing use of AI is sparking worries that existing insurance policies might not be enough to cover businesses when the technology goes wrong. A smattering of insurance products are emerging to allay that risk. Among them is Armilla AI, a Toronto-based company which on Wednesday is launching an AI liability insurance product backed by underwriters at the global insurance syndicate Lloyd’s. Other insurance policies with AI coverage are offered by companies such as Vouch and AXA XL.
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3 weeks ago |
news.bloomberglaw.com | Kaustuv Basu
Humans outdo AI when it comes to understanding or describing complex social interactions from moving images, a quintet of researchers at Johns Hopkins University found after testing about 350 artificial intelligence language, video and image models.
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1 month ago |
news.bloomberglaw.com | Isabel Gottlieb |Kaustuv Basu
The EU’s sweeping AI Act went into effect earlier this year, with some of the law’s most important provisions still on the horizon. Corporate leaders shared best practices for setting up teams and procedures to prepare for the EU AI Act, and discussed how a good privacy and data governance program is the most useful foundation for complying with the new law. Their email responses to Bloomberg Law’s questions were edited for clarity. Download our full report on the EU AI Act.
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1 month ago |
news.bloomberglaw.com | Kaustuv Basu
Nimble and effective systems built by Chinese firms are threatening the US lead in artificial intelligence, technology experts warned Tuesday in a subcommittee hearing in which they lamented the absence of a federal AI framework.
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Top universities in the US are strategically positioned to help lawmakers understand the power of AI. The question is whether Congress will act on the lessons it’s learning this summer. Our story on AI boot camps and more: https://t.co/b3f3U4xS4U
RT @GaryHarki: Proud to win the @ASBPE Foundation’s 2024 Journalism That Matters Award with, @juliesteinberg4, @KaustuvBasu1, @Alexruoff. W…
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