Cyprus Mail
Artificial IntelligenceBusinessInternational

Adobe, others join voluntary US scheme to manage AI risk

ai artificial intelligence

Adobe (ADBE.O), IBM (IBM.N), Nvidia (NVDA.O) and five other firms have signed US President Joe Biden’s voluntary commitments governing artificial intelligence (AI), which require steps such as watermarking AI-generated content, the White House said on Tuesday.

The original commitments, which were announced in July, were aimed at ensuring that AI’s power was not used for destructive purposes. Google, OpenAI and OpenAI partner Microsoft (MSFT.O) signed onto the commitments in July.

“The president has been clear: harness the benefits of AI, manage the risks, and move fast – very fast,” White House chief of staff Jeff Zients said in a statement. “And we are doing just that by partnering with the private sector and pulling every lever we have to get this done.”

The other five companies signing on to the commitments are Palantir (PLTR.N), Stability, Salesforce (CRM.N), Scale AI and Cohere.

Several companies were expected to attend a White House meeting on the topic on Tuesday with Commerce Secretary Gina Raimondo and Zients.

The private commitments backed by the Biden administration are seen as a stopgap given that Congress has held discussions on potential AI legislation but little has been introduced and nothing significant has become law. The White House has also been working on an executive order on AI.

Follow the Cyprus Mail on Google News

Related Posts

Row over Vasiliko terminal deepens

Jean Christou

Cyprus tourism on track to meet targets, minister says, after second-best April

Kyriacos Nicolaou

How to inspect secondhand farm machinery

CM Guest Columnist

Cyprus tourist arrivals up 1.7 per cent in first four months of 2024

Souzana Psara

Construction material prices fall from previous year

Souzana Psara

SSM Chair praises Cypriot banks’ capitalisation and NPL reduction

Kyriacos Nicolaou