Biden Says AI Companies 'Must Earn Our Trust,' Calls For 'Responsible Innovation'
Portfolio Pulse from Benzinga Neuro
President Joe Biden emphasized the importance of trust and responsibility in AI development, calling for safe and secure AI innovation. The Biden administration has been proactive in addressing AI-related risks, including mandating federal agencies to appoint a chief AI officer and considering regulations to restrict China's access to advanced AI models. Major tech companies like Microsoft, Nvidia, and Meta have shown support for Biden's initiative to democratize AI research.
May 22, 2024 | 3:20 pm
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POSITIVE IMPACT
Meta's backing of Biden's AI research democratization initiative could enhance its standing in the AI community and support its innovation efforts.
Meta's support for Biden's AI initiative aligns with its strategic focus on AI, potentially improving its market position and innovation capabilities.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Microsoft supports Biden's initiative to democratize AI research, which could enhance its reputation and influence in the AI sector.
Microsoft's support for Biden's AI initiative aligns with its ongoing investments in AI, potentially enhancing its market position and public image.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Nvidia's support for Biden's AI research democratization initiative could strengthen its leadership in AI technology and innovation.
Nvidia's involvement in Biden's AI initiative could bolster its reputation as a leader in AI technology, potentially driving demand for its products.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80