The use of AI in banking was a topic in April, as Bank of America revealed it will spend $4 billion on AI initiatives in the coming year. The bank cited AI’s usefulness in reducing IT support calls and the over 90% usage...more
5/15/2025
/ Algorithms ,
Artificial Intelligence ,
Bank of America ,
Banking Sector ,
Copyright ,
Copyright Litigation ,
Data Privacy ,
Data Security ,
Deep Fake ,
Elon Musk ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Google ,
Machine Learning ,
Microsoft ,
Pending Litigation ,
Popular ,
Regulatory Agenda ,
Technology ,
Wells Fargo ,
WhatsApp
There has been a seismic shift in the relationship between Big Tech’s AI power couple, Microsoft and OpenAI. The former listed the AI pioneer as a competitor in its annual report, perhaps signaling a less friendly dynamic...more
9/24/2024
/ Apple ,
Artificial Intelligence ,
Artists ,
Banking Sector ,
Copyright ,
Copyright Litigation ,
Deep Fake ,
Department of Justice (DOJ) ,
Elon Musk ,
Government Investigations ,
Health Care Providers ,
Machine Learning ,
Microsoft ,
New Guidance ,
Popular ,
Proposed Legislation ,
Technology Sector ,
U.S. Commerce Department
In the entertainment industry, Sony Music asserted that AI companies don’t have permission to use its recording artists’ works for AI training. In response to the industry’s concerns over the use of AI, members of Congress...more
6/24/2024
/ Actors ,
Artificial Intelligence ,
Artists ,
Class Action ,
Copyright ,
Copyright Infringement ,
Deep Fake ,
Entertainment Industry ,
Executive Orders ,
Facial Recognition Technology ,
Google ,
International Olympic Committee (IOC) ,
Microsoft ,
Music ,
Music Industry ,
Musical Sound Recordings ,
Sony ,
Technology Sector ,
TikTok ,
U.S. Commerce Department