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The European Parliament and the EU's 27 member states will need to approve the AI Act, which seeks fines of up to €35M or 7% of global turnover for violations (Bloomberg) 09-12-2023

Bloomberg: The European Parliament and the EU’s 27 member states will need to approve the AI Act, which seeks fines of up to €35M or 7% of global turnover for violations  —  – Region couldn’t ‘let the perfect be the enemy of the good’  — Negotiators broke coffee machine working late-night deal Lees verder op Tech Meme

Paris-based Mistral AI has raised €385M, or about $415M, with investors including a16z and Lightspeed; sources: the deal values Mistral at about $2B (Cade Metz/New York Times) 10-12-2023

Cade Metz / New York Times: Paris-based Mistral AI has raised €385M, or about $415M, with investors including a16z and Lightspeed; sources: the deal values Mistral at about $2B  —  The company has publicly released its latest technology so people can build their own chatbots.  Rivals like OpenAI and Google argue that approach can be dangerous. Lees verder op Tech Meme

The European Parliament and the EU's 27 member states will need to approve the AI Act, which seeks fines of up to €35M or 7% of global turnover for violations (Bloomberg) 09-12-2023

Bloomberg: The European Parliament and the EU’s 27 member states will need to approve the AI Act, which seeks fines of up to €35M or 7% of global turnover for violations  —  – Region couldn’t ‘let the perfect be the enemy of the good’  — Negotiators broke coffee machine working late-night deal Lees verder op Tech Meme

A look at the Effective Accelerationism movement, which favors open-source AI tech and believes that AI's benefits outweigh its harms and shouldn't be regulated (Kevin Roose/New York Times) 10-12-2023

Kevin Roose / New York Times: A look at the Effective Accelerationism movement, which favors open-source AI tech and believes that AI’s benefits outweigh its harms and shouldn’t be regulated  —  The eccentric pro-tech movement known as “Effective Accelerationism” wants to unshackle powerful A.I., and party along the way. Lees verder op Tech Meme