Tech executives are expressing concerns about the concentration of artificial intelligence (AI) development in the hands of a few companies, potentially giving them excessive control over the technology. Adobe's acquisition of a generative AI startup from Bengaluru marks its entry into India's startup ecosystem and accelerates its AI video content tools. The EU is being warned against over-regulating AI foundation models, with concerns about the potential harm to society and European innovation. The development of AI, particularly generative AI, is attracting attention and raising regulatory challenges due to its rapid evolution and potential impact on various industries.
Lobbying for Loopholes: The Battle Over Foundation Models in the EU AI Act @connoraxiotes writes about the vicious lobbying battle attempting to leave the most powerful and potentially dangerous AIs unregulated: foundation models. ‘The United States’ Big Tech companies,… https://t.co/y0XJPUkAkO
Artificial intelligence is still in its early stages but already somebody is trying to disrupt it. https://t.co/NEHc8j0vn6
Adobe's Acquisition of https://t.co/4u9ZFkWfnR: A Strategic Move into Generative AI #Acquisition #Adobe #AI #artificialintelligence #Bengaluru #Collaboration #Contentcreation #foray #GenerativeAI #Indianstartupecosystem #llm #machinelearning #Rephraseai https://t.co/iOZXYjSAd0 https://t.co/2zp8v4QdG6
Businesses, tech groups warn EU against over-regulating AI foundation models https://t.co/AvZ0ch7MEL https://t.co/WosVFyvdDJ
Their technique could pave the way for robots with human-like agility and range of movement. https://t.co/x414i67ObE
If the EU #AIAct exempts foundation models, it will do nothing to prevent widespread harm to society or promote European innovation. Lawmakers must not allow Big Tech to put their profits before safety, democracy, and EU business. Our statement: https://t.co/qdpUycyUd4 https://t.co/4vBC8ythDk
Indian AI Video Startup @Rephrase_AI Announces Acquisition by @Adobe Aimed somewhere between #Photoshop and #PremierePro, the tool lets users create videos from scratch with just a prompt. https://t.co/xqm6oYb46F
Big tech and Generative AI https://t.co/rrcIyxtSkW
Indian AI Video Startup https://t.co/6b3dn2x1PQ Announces Acquisition by Adobe ► https://t.co/bjCeJ5yqn2 https://t.co/bjCeJ5yqn2
A growing number of tech execs think AI is giving Big Tech 'inordinate' power https://t.co/puZDXoMdpm
Adobe acquires Bengaluru-based https://t.co/YKqenHwHE9, marking its first foray into India's startup ecosystem & generative AI. This move accelerates Adobe's AI video content tools, enhancing its Creative Cloud offerings. #Adobe #RephraseAI #AI https://t.co/jtBf7yOqlH https://t.co/J4sSvYI5bM
It has always been difficult for the world to regulate technology—especially technology that moves fast. But artificial intelligence presents an unprecedented challenge. https://t.co/tDAE3T4j5J
Opinion: AI makes Silicon Valley's philosophy of 'move fast and break things' untenable https://t.co/xKx0lBii1C
Some tech execs have voiced concern that the development of artificial intelligence is concentrated in the hands of too few companies, potentially giving them excessive control over the rapidly evolving technology. https://t.co/vdfRR8A4al
Using AI in Robotics https://t.co/wJEf3pIyTv
Adobe buys its first generative AI startup https://t.co/5MqlVazQ7H
Adobe buys its very first generative AI startup. https://t.co/5MqlVazQ7H
A growing number of tech execs think AI is giving Big Tech 'inordinate' power https://t.co/V2MVaeCX6a