Research: Enterprises and consumers want to increase AI adoption

New research from Juniper Networks has found a growing appetite from both enterprises and consumers to use AI technologies.

Juniper surveyed 700 global IT decision-makers for its research and found that most (67%) executives have AI as a top strategic priority for 2021.

95 percent of the respondents believe their organisation would benefit from increasing the use of AI in their daily operations. 82 percent claim it makes employees more productive and 74 percent say it...

EU regulation sets fines of €20M or up to 4% of turnover for AI misuse

A leaked draft of EU regulation around the use of AI sets hefty fines of up to €20 million or four percent of global turnover (whichever is greater.)

The regulation (PDF) was first reported by Politico and is expected to be announced next week on April 21st.

In the draft, the legislation’s authors wrote:

“Some of the uses and applications of artificial intelligence may generate risks and cause harm to interests and rights that are protected by Union law....

EU human rights agency issues report on AI ethical considerations

The European Union’s Fundamental Rights Agency (FRA) has issued a report on AI which delves into the ethical considerations which must be made about the technology.

FRA’s report is titled Getting The Future Right and opens with some of the ways AI is already making lives better—such as helping with cancer diagnosis, and even predicting where burglaries are likely to take place.

“The possibilities seem endless,” writes Michael O’Flaherty, Director of the FRA,...

State of European Tech: Investment in ‘deep tech’ like AI drops 13%

The latest State of European Tech report highlights that investment in “deep tech” like AI has dropped 13 percent this year.

Data from Dealroom was used for the State of European Tech report. Dealroom defines deep tech as 16 fields: Artificial Intelligence, Machine Learning, Big Data, Augmented Reality, Virtual Reality, Drones, Autonomous Driving, Blockchain, Nanotech, Robotics, Internet of Things, 3D Technology, Computer Vision, Connected Devices, Sensors Technology, and...

Information Commissioner clears Cambridge Analytica of influencing Brexit

A three-year investigation by the UK Information Commissioner's office has cleared Cambridge Analytica of electoral interference.

Cambridge Analytica was accused in March 2018 of using AI tools and big data to influence the results of the Brexit referendum and the US presidential election. Most objective observers probably felt the case was overblown, but it's taken until now to be confirmed.

“From my review of the materials recovered by the investigation I have found...

Nvidia and ARM will open ‘world-class’ AI centre in Cambridge

Nvidia is already putting its $40 billion ARM acquisition to good use by opening a “world-class” AI centre in Cambridge.

British chip designer ARM’s technology is at the heart of most mobile devices. Meanwhile, Nvidia’s GPUs are increasingly being used for AI computation in servers, desktops, and even things like self-driving vehicles.

However, Nvidia was most interested in ARM’s presence in edge devices—which it estimates to be in the region of 180...

Google CEO: We need sensible AI regulation that does not limit its potential

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Google CEO Sundar Pichai has called for sensible AI regulation that does not limit the huge potential benefits to society.

Writing in a FT editorial, Pichai said: “...there is no question in my mind that artificial intelligence needs to be regulated. It is too important not to.”

Few people debate the need for AI regulation but there are differing opinions when it comes to how much. Overregulation limits innovation while lack of regulation can pose serious dangers –...

The White House warns European allies not to overregulate AI

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The White House has urged its European allies to avoid overregulation of AI to prevent Western innovation from being hindered.

While the news has gone somewhat under the radar given recent events, the Americans are concerned that overregulation may cause Western nations to fall behind the rest of the world.

In a statement released by the Office of Science and Technology Policy, the White House wrote:

“Europe and our allies should avoid heavy handed...

ELLIS commits €220m in a bid to keep AI talent in Europe

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The European Laboratory for Learning and Intelligent Systems (ELLIS) has announced a new initiative designed to help keep AI talent in the continent.

Retaining AI talent is difficult. AI News has already reported on academia's struggle to keep researchers helping to equip the next generation with AI skills, but it's not just the education industry which is suffering.

The main problem is the limited supply of AI talent, mixed with high demand, is causing eye-wateringly...

Report: UK leads AI developments in Europe, Iran in Middle-East

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The latest Scimago Institutions Rankings (SIR) indicates the UK is leading AI developments in Europe while Iran is leading in the Middle-East.

SIR has ranked global research and education institutions since 2009. The ranking is based on their performance and the number of articles they’ve published in highly-regarded publications.

In the field of AI, the UK ranks number one in Europe and fourth globally. Iran ranks number one in the Middle-East and is ninth overall...