SenseTime prepares to list on the Hong Kong Stock Exchange

Chinese AI giant SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange (HKSE).

SenseTime is the world’s most-funded AI firm and has attracted large investments in part due to providing technology for the Chinese government’s vast surveillance network.

The company’s Viper system aims to process and analyse over 100,000 simultaneous real-time streams from traffic cameras, ATMs, and more to automatically tag and keep track of...

OpenAI removes GPT-3 API waitlist and opens applications for all developers

OpenAI has removed the waitlist to access its GPT-3 API which means any developer can apply to get started.

The AI giant unveiled GPT-3 in May last year to a mixed reception. Few doubted GPT-3’s impressive ability to generate text similar to a human writer, but many expressed concerns about the societal impact.

Fake news and propaganda are already difficult to counter even when it’s being generated in relatively limited amounts by human writers. The ability for...

UK-Aus probe finds Clearview AI fails to comply with privacy regulations

A joint UK-Australia probe has found that Clearview AI fails to comply with privacy regulations.

The facial recognition provider has been the focus of many investigations for its controversial practice of scraping the online data of people without their consent.

The joint investigation, conducted by the ​​UK Information Commissioner's Office (ICO) and Office of the Australian Information Commissioner (OAIC), found that Clearview AI has scraped the biometric...

UK health secretary hopes AI projects can tackle racial inequality

UK Health Secretary Sajid Javid has greenlit a series of AI-based projects that aim to tackle racial inequalities in the NHS.

Racial inequality continues to be rampant in healthcare. Examining the fallout of COVID-19 serves as yet another example of the disparity between ethnicities.

In England and Wales, males of Black African ethnic background had the highest rate of death involving COVID-19, 2.7 times higher than males of a White ethnic background. Females of Black...

Facebook claims its AI reduced hate by 50% despite internal documents highlighting failures

Damning reports about the ineffectiveness of Facebook’s AI in countering hate speech prompted the firm to publish a post to the contrary, but the company's own internal documents highlight serious failures.

Facebook has had a particularly rough time as of late, with a series of Wall Street Journal reports in particular claiming the company knows that “its platforms are riddled with flaws that cause harm” and “despite congressional hearings, its own pledges and numerous...

GlobalData: China is ahead of global rivals for AI ‘unicorns’

China is pulling ahead of global rivals when it comes to innovative AI “unicorns” that are pushing the technology forward.

Research from GlobalData has found that – of the 45 international AI unicorns identified – China has the largest share with 19 based in the country.

Priya Toppo, Analyst of Thematic Research at GlobalData, comments:

“China is a leading player in AI, with a number of established companies such as Baidu, Hikvision, iFlytek, Tencent,...

BCS, Chartered Institute for IT: Human reviews of AI decisions require legal protection

A leading IT industry body has warned that human reviews of AI decisions are in need of legal protection.

BCS, The Chartered Institute for IT, made the warning amid the launch of the ‘Data: A New Direction’ consultation launched by the Department for Digital, Culture, Media and Sport (DCMS).

The consultation aims to re-examine the UK’s data regulations post-Brexit. EU laws that were previously mandatory while the UK was part of the bloc – such as the...

Nvidia and Microsoft develop 530 billion parameter AI model, but it still suffers from bias

Nvidia and Microsoft have developed an incredible 530 billion parameter AI model, but it still suffers from bias.

The pair claim their Megatron-Turing Natural Language Generation (MT-NLG) model is the "most powerful monolithic transformer language model trained to date".

For comparison, OpenAI’s much-lauded GPT-3 has 175 billion parameters.

The duo trained their impressive model on 15 datasets with a total of 339 billion tokens. Various sampling weights...

MEPs back AI mass surveillance ban for the EU

MEPs from the European Parliament have adopted a resolution in favour of banning AI-powered mass surveillance and facial recognition in public spaces.

With a 71 vote majority, MEPs sided with Petar Vitanov’s report that argued AI must not be allowed to encroach on fundamental rights.

An S&D party member, Vitanov pointed out that AI has not yet proven to be a wholly reliable tool on its own.

He cited examples of individuals being denied social benefits...

DeepMind hit with class-action lawsuit over NHS health data scandal

DeepMind is facing a class-action lawsuit over its controversial use of NHS patients’ health data back in 2015.

Google-owned DeepMind was quietly given the personal records of 1.6 million patients at the Royal Free London NHS Foundation Trust.

DeepMind said that it was using the data to create a potentially life-saving app called Streams. The app was designed to alert, diagnose, and detect when patients were at risk of developing acute kidney injury. It’s currently...