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The Securities and Exchange Commission (SEC) is cracking down on the practice of AI-washing, where companies make misleading claims about their use of artificial intelligence to avoid securities violations. Public companies are being warned to be cautious in their statements to ensure compliance with regulations and prevent potential legal issues.
AI-washing has become a prevalent issue as artificial intelligence plays a significant role in the financial services sector, providing advanced tools for data analysis and market predictions. By tracking real-time data and market fluctuations, AI algorithms can offer valuable insights, but companies must be transparent and accurate in their AI-related disclosures to avoid regulatory scrutiny.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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