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...

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...

Microsoft: The UK must increase its AI skills, or risk falling behind

A report from Microsoft warns that the UK faces an AI skills gap which may harm its global competitiveness.

The research, titled AI Skills in the UK, shines a spotlight on some concerning issues.

For its UK report, Microsoft used data from a global AI skills study featuring more than 12,000 people in 20 countries to see how the UK is doing in comparison to the rest of the world.

Most notably, compared to the rest of the world, the UK is seeing a higher failure...

The EU’s privacy watchdog takes aim at Clearview AI’s facial recognition

The European Data Protection Board (EDPB) believes use of Clearview AI’s controversial facial recognition system would be illegal.

Clearview AI’s facial recognition system is used by over 2,200 law enforcement agencies around the world and even commercial businesses like Best Buy and Macy’s, according to a recent leak.

The EDPB has now ruled that any use of the service by law enforcement in Europe would “likely not be consistent with the EU data protection...

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...

Research: AI is a ‘welcome boost’ that could add millions to GDP

New research from McKinsey and Quantumblack suggests UK businesses adopting AI could see their value increase by 120 percent within a decade.

AI overall could provide a 22 percent GDP boost worth millions to the UK economy, according to the research.

However, the report warns that firms which do not integrate AI into their day-to-day business risk around 20 percent of their cash flow today.

In separate research last year, McKinsey wrote:

“By 2030,...