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Data Governance | MDM | Data Quality | Metadata
AI Policy Battles, Startup Valuations, and Funding Frenzy
House of Lords pushes back against government's AI plans
Image Source: Guardian
• The House of Lords supported an amendment to a data bill that mandates AI companies to disclose their use of copyrighted material in their models, despite government resistance.
• The UK government faced resistance in its plans to allow AI firms to utilize copyright-protected work without permission, leading to a setback in the House of Lords.
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
Image Source: Bloomberg
• Language preventing states from regulating artificial intelligence has been included in the tax and spending bill, favoring major US tech and AI companies.
• The move to block state AI regulation is part of a larger tax and fiscal bill proposed by the House committee led by President Donald Trump.
AI Startup Perplexity Nears Funding at $14 Billion Value
Image Source: Bloomberg
• Perplexity AI Inc., an AI startup, is close to securing funding at a $14 billion valuation for its AI search engine project.
• The company's valuation for the funding round is lower than its initial target but higher than its previous value.
Google might replace the 'I'm Feeling Lucky' button with AI Mode
Image Source: Verge
• Google is testing an AI Mode search engine chatbot to replace the 'I'm Feeling Lucky' button in Google Search.
• The AI Mode tab is being tested in various locations within the search interface, including the search bar and next to the "search by image" button.
Agentic AI-Driven Risk Management And Compliance: Enabling Resilience In A Changing Regulatory Landscape
Image Source: Forbes
• Agentic AI is being used to enhance risk management and compliance in response to evolving regulatory challenges.
• The implementation of agentic AI for risk and compliance faces obstacles and complexities.