Clearview AI Fined by Dutch Agency for Facial Recognition Database September 5, 2024 By Charlotte Van Campenhout U.S. facial recognition company Clearview AI has been fined 30.5 million euros ($33.7 million) for building what Dutch data protection...
Authors’ Class Action Targets AI Company Anthropic for Copyright Infringement August 23, 2024 By Blake Brittain Artificial intelligence company Anthropic has been hit with a class-action lawsuit in California federal court by three authors who say...
Michigan DIFS Bulletin Issues Guidance on AI Use in Insurance Industry August 19, 2024 The Michigan Department of Insurance and Financial Services (DIFS) released a bulletin this month addressing the growing use of artificial...
McKinsey Sees AI Surge Boosting Consulting Amid Industry Slump August 15, 2024 By Ambereen Choudhury McKinsey & Co. is seeing an increase in the number of clients seeking artificial intelligence-linked projects, as faster adoption of...
Tech Update: Hiscox Launches GenAI-Powered Lead Underwriting Platform August 13, 2024 Hiscox, the global specialist insurer, has launched the London insurance market’s first lead underwriting platform enhanced by generative AI, aiming...
Viewpoint: Generative AI in Insurance Isn’t Working August 7, 2024 By Dennis Winkler The insurance industry is at a pivotal moment in embracing generative AI. According to the ISG Pulse Check State of...
AI Startup Suno Says Music Industry Suit Aims to Stifle Competition August 2, 2024 By Rachel Metz AI music startup Suno is pushing back against the world’s biggest record labels, saying in a court filing that a...
New York City Turns to AI-Powered Scanners to Keep Guns Out of Subway July 31, 2024 By JAKE OFFENHARTZ New York City is turning to AI-powered scanners in a new bid to keep guns out of its subway system,...
FTC Looking Into Targeted Pricing Based on Personal Data July 26, 2024 By Jody Godoy The U.S. Federal Trade Commission has launched a study of products that could allow companies to set different prices for...
Applied Systems Acquires Insurance AI Platform Planck July 24, 2024 Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance...