AI Law - International Review of Artificial Intelligence Law
G. Giappichelli Editore

NEWS - FINANCIAL LAW

05/07/2024
Financial Services Sector Hesitates on AI Adoption (USA)
Based on an article from PYMNTS, the financial services sector is slow to adopt artificial intelligence (AI) despite its potential to significantly cut costs and improve efficiency. Regulatory concerns and fears of job losses are key reasons for this ..

28/06/2024
Exploring the Future of AI Innovations Beyond Nvidia (USA)
Based on an article from the Economic Times, the United States is actively seeking the next major breakthrough in AI technology beyond the contributions of Nvidia. The article explores various AI startups and research institutions that are working on ..

27/06/2024
DOJ Investigates AI Price Fixing in Rental Market (USA)
According to an article from Business Insider, the U.S. Department of Justice (DOJ) is investigating allegations of price-fixing in the rental market facilitated by AI tools developed by RealPage. The investigation focuses on whether RealPage's AI-driven ..

27/06/2024
Struggles of AI Stock: A Potential Further Decline (USA)
According to Nasdaq, a prominent AI stock in the United States has seen a 67% decline and faces the potential of being halved again. The article examines the factors contributing to the stock's poor performance, including increased competition, regulatory ..

25/06/2024
The Impact of Responsible AI Adoption in Financial Markets (USA)
According to an article by Brookings, responsible AI adoption in financial markets presents significant opportunities and challenges. The report, co-authored by Nicol Turner Lee for the Technology Advisory Committee of the Commodities and Futures Trading ..

25/06/2024
European Commission Seeks Feedback on AI's Role in Finance (EU)
Based on an article from Central Banking, the European Commission has initiated a consultation on the use of artificial intelligence (AI) in financial services, starting June 18, 2024. This consultation aims to gather insights on the practical ..

22/06/2024
Nigeria's AI Market Projected to Reach $4.64 Billion by 2030 (Nigeria)
Based on an article from Guardian Nigeria, legal experts project that Nigeria's AI market will grow to $4.64 billion by 2030. At the Nigerian Bar Association, Ikeja Branch Business Forum, Desmond Oriakhogba, a tech lawyer, emphasized AI's potential to ..

21/06/2024
Singapore's Strategic Position to Attract Chinese AI Companies (Singapore)
According to an article from The Diplomat, Singapore is increasingly attracting AI companies from China due to several factors. The geopolitical tension between the U.S. and China, combined with stricter domestic regulations in China, has made Singapore ..

19/06/2024
EY US Commits $1 Billion to AI Investment (USA)
According to an article from International Tax Review, Ernst & Young (EY) US has announced a $1 billion investment in artificial intelligence (AI) to enhance its technological capabilities. The pledge aims to incorporate AI into various aspects of its ..

18/06/2024
Prospective AI Stocks: C3.ai and Meta Platforms (USA)
According to an article from Nasdaq, the growth of artificial intelligence (AI) services is significantly boosting market indices like the S&P 500 and Nasdaq Composite. Two companies, C3.ai and Meta Platforms, are positioned for substantial growth. ..

16/06/2024
OpenAI Considers Transition to Benefit Corporation
According to an article from Reuters, OpenAI's CEO Sam Altman has informed shareholders that the company is contemplating a shift in its governance structure to become a for-profit benefit corporation. This potential change would place the company in a ..

07/06/2024
AI Fever Boosts Taiwanese Stocks (Taiwan)
Secondo un articolo di The Japan Times, l'ondata di tecnologie legate all'intelligenza artificiale (IA) ha significativamente aumentato i mercati azionari taiwanesi. L'articolo discute come la crescente domanda di componenti e tecnologie IA abbia ..

05/06/2024
UK Regulatory Body Calls for Stricter AI Governance in Financial Sector (UK)
Based on an article from Financial Times, the UK's Financial Conduct Authority (FCA) has issued new guidelines to enhance the governance of artificial intelligence (AI) in the financial sector. These guidelines are designed to ensure that AI technologies ..

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