How senators plan on regulating AI: Law Decoded, Sept. 4–11
Senators Richard Blumenthal and Josh Hawley’s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions. Go to Source
China
Auto Added by WPeMatico
AI usage on social media has potential to impact voter sentiment
The U.S. presidential election is nearing and with it comes the employment of technologies like AI on social media platforms to manipulate voter sentiment. Go to Source
Ant Group launches a new blockchain brand for Web3 developers
The new entity, ZAN, will help the mother company shake off its affiliations with Web3 and proceed to the IPO. Go to Source
Tencent unveils ChatGPT rival in China amid continuing US AI chip ban
Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use in China. Go to Source
80 Chinese crypto influencer accounts shut down in latest crackdown
The accounts had over 8 million in combined followers before they were removed. Go to Source
Baidu CEO Robin Li says more than 70 AI models already released in China
The CEO of Chinese tech-giant Baidu said that since China’s new AI regulations have been in place over 70 AI models have been released in China with over 1 billion parameters. Go to Source
Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded
Grayscale victory doesn’t help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline. Go to Source
Bank of China: Platforms must provide digital yuan retail payment option
In the short term, e-commerce platforms can integrate the CBDC through QR codes. Go to Source
US regulators deny blocking AI chip exports to Middle East
The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent about whether the requirements were only imposed on specific countries. Go to Source
China court declares virtual assets as legal properties protected by law: Report
Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights. Go to Source