Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries White House: Developers of ‘powerful AI systems’ now have to report safety test results to government By: FOXNews.com January 29, 2024 at 08:30 AM EST The White House says under a President Biden executive order, companies developing “powerful AI systems" now must report safety test results to the government The White House says "developers of the most powerful AI systems" will now have to report AI safety test results to the Department of Commerce in the wake of an executive order issued by President Biden aimed at "managing the risks" of the technology. The news comes as Deputy Chief of Staff Bruce Reed is convening the White House AI Council on Monday, consisting of "top officials from a wide range of federal departments and agencies" who have reported completing 90-day actions and advancing other directives tasked by the order Biden signed last October, according to the White House. Among those actions was that they "[u]sed Defense Production Act authorities to compel developers of the most powerful AI systems to report vital information, especially AI safety test results, to the Department of Commerce," the White House said. "These companies now must share this information on the most powerful AI systems, and they must likewise report large computing clusters able to train these systems," the White House added. WHITE HOUSE URGES CONGRESS TO ACT FOLLOWING ‘ALARMING’ AI TAYLOR SWIFT IMAGES The White House added the order is focused on "assessing AI’s risks for critical infrastructure, and hindering foreign actors’ efforts to develop AI for harmful purposes." ISRAEL CREATES AI PLATFORM TO TRACK THE HUMANITARIAN SITUATION IN GAZA Ben Buchanan, the White House special adviser on AI, told The Associated Press that the U.S. government wants "to know AI systems are safe before they’re released to the public – the president has been very clear that companies need to meet that bar." "We know that AI has transformative effects and potential," Buchanan added. "We’re not trying to upend the apple cart there, but we are trying to make sure the regulators are prepared to manage this technology." Related Stocks: Fancamp Exploration Ltd Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
White House: Developers of ‘powerful AI systems’ now have to report safety test results to government By: FOXNews.com January 29, 2024 at 08:30 AM EST The White House says under a President Biden executive order, companies developing “powerful AI systems" now must report safety test results to the government The White House says "developers of the most powerful AI systems" will now have to report AI safety test results to the Department of Commerce in the wake of an executive order issued by President Biden aimed at "managing the risks" of the technology. The news comes as Deputy Chief of Staff Bruce Reed is convening the White House AI Council on Monday, consisting of "top officials from a wide range of federal departments and agencies" who have reported completing 90-day actions and advancing other directives tasked by the order Biden signed last October, according to the White House. Among those actions was that they "[u]sed Defense Production Act authorities to compel developers of the most powerful AI systems to report vital information, especially AI safety test results, to the Department of Commerce," the White House said. "These companies now must share this information on the most powerful AI systems, and they must likewise report large computing clusters able to train these systems," the White House added. WHITE HOUSE URGES CONGRESS TO ACT FOLLOWING ‘ALARMING’ AI TAYLOR SWIFT IMAGES The White House added the order is focused on "assessing AI’s risks for critical infrastructure, and hindering foreign actors’ efforts to develop AI for harmful purposes." ISRAEL CREATES AI PLATFORM TO TRACK THE HUMANITARIAN SITUATION IN GAZA Ben Buchanan, the White House special adviser on AI, told The Associated Press that the U.S. government wants "to know AI systems are safe before they’re released to the public – the president has been very clear that companies need to meet that bar." "We know that AI has transformative effects and potential," Buchanan added. "We’re not trying to upend the apple cart there, but we are trying to make sure the regulators are prepared to manage this technology." Related Stocks: Fancamp Exploration Ltd