The European Union’s antitrust investigation into Amazon’s $1.7 billion acquisition of iRobot, a robot vacuum cleaner maker, is set to proceed, according to sources familiar with the matter. This comes…
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European Union
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NewsTechnology
G7 Officials Gather to Discuss Regulation of AI: Tackling Concerns over ChatGPT-Like Tools
by Prashant Kumar 3 minutes readOfficials from the Group of Seven (G7) nations are scheduled to convene next week to address the challenges presented by generative artificial intelligence (AI) tools like ChatGPT, according to an…
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NewsTechnology
European Union Lawmakers Reach Preliminary Deal on AI Regulation
by Prashant Kumar 3 minutes readOn Thursday, a preliminary agreement was reached by a committee of European Union lawmakers regarding the European Artificial Intelligence Act. The act aims to introduce the first-ever regulation of AI…
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BlockchainNewsTechnology
Crypto Asset Regulations of EU Gain European Parliament’s Approval for Roll Out in 2024
by Prashant Kumar 2 minutes readOn Thursday, the European Parliament gave a strong endorsement to the first-ever regulations for crypto asset markets in the European Union, with a decisive vote of 517 in favor and…