World’s Most Extensive AI Rules Approved in EU Despite Criticism

Nvidia CEO Says Nations Seeking Own AI Systems Will Raise Demand

• World’s Most Extensive AI Rules Approved in EU Despite Criticism

• Nvidia CEO Says Nations Seeking Own AI Systems Will Raise Demand

• Microsoft to Invest €3.2 Billion in German AI Infrastructure

Culture of Creativity Art Exhibition at Tiffany & Co. in New York City

Now through May 20, discover Tiffany & Co.’s new exhibition at The Landmark, Culture of Creativity: an art exhibition from the Peter Marino Art Foundation.

Brought to life in partnership with renowned architect Peter Marino—who led the transformation of the iconic store’s interiors—the exhibition is a testament to the brand’s long-standing connection to the art world. Join us in New York City to engage with nearly 70 artworks spanning a variety of mediums from the Peter Marino Art Foundation.

PLAN YOUR VISIT

Entry to the exhibition is complimentary but a reservation is required. There are two ways to experience Culture of Creativity:

In appreciation of your support, PMAF is offering guided walk-throughs on Wednesdays from 10 to 11 AM. Complimentary tickets can be reserved on our website at petermarinoartfoundation.org.

To view the exhibition at your own pace during the store’s business hours, you can book directly at Tiffany.com.

After booking your visit and upon arriving at the iconic Tiffany & Co. flagship store on Fifth Avenue and 57th Street in New York City, take the elevators to the ninth floor to check in and begin your exhibition experience.

Complimentary Tickets from March 20-April 24th here

World’s Most Extensive AI Rules Approved in EU Despite Criticism

The European Union is enacting the most comprehensive guardrails on the fast-developing world of artificial intelligence after the bloc’s parliament passed the AI Act on Wednesday.

The landmark set of rules, in the absence of any legislation from the US, could set the tone for how AI is governed in the Western world. But the legislation’s passage comes as companies worry the law goes too far and digital watchdogs say it doesn’t go far enough.

The legislation would ban the use of AI for detecting emotions in workplaces and schools, as well as limit how it can be used in high-stakes situations like sorting job applications. It would also place the first restrictions on generative AI tools, which captured the world’s attention last year with the popularity of ChatGPT.

“With a limited digital tech industry and relatively low investment compared with industry giants like the United States and China, the EU’s ambitions of technological sovereignty and AI leadership face considerable hurdles,” wrote Raluca Csernatoni, a research fellow at the Carnegie Europe think tank….

By Jillian Deutsch of Bloomberg

Nvidia CEO Says Nations Seeking Own AI Systems Will Raise Demand

Nvidia Corp. Chief Executive Officer Jensen Huang said countries around the world aiming to build and run their own artificial intelligence infrastructure at home will drive up demand for his company’s products.

Nations including India, Japan, France and Canada are talking about the importance of investing in “sovereign AI capabilities,” Huang said in an interview Thursday with Bloomberg Television. “Their natural resource – data – should be refined and produced for their country. The recognition of sovereign AI capabilities is global.”

At the time of the interview, Huang was in Canada, which itself is home to a number of academic institutions that have significantly contributed to breakthroughs in the type of generative AI systems that power tools such as OpenAI’s popular ChatGPT. The country now finds itself with a growing need for the supercomputers necessary to capitalize on the work of its academics, he said….

By Ian King and Edward Ludlow of Bloomberg

Microsoft to Invest €3.2 Billion in German AI Infrastructure

Microsoft Corp. President Brad Smith announced plans to invest €3.2 billion ($3.4 billion) over the next two years in German artificial intelligence infrastructure at an event with Chancellor Olaf Scholz, as the technology giant seeks to build up its computing power in Europe.

“German companies are rapidly adapting AI related technologies,” Smith said at a press conference with Scholz in Berlin on Thursday. “We’re expanding our data processing centers in the region.”

Microsoft is investing heavily in cloud infrastructure and data centers as the company seeks to become an AI powerhouse through its partnership with OpenAI. Optimism for the company’s strategy has sent its market capitalization over $3 trillion, passing Apple Inc. as the world’s most valuable company.

Europe’s pipeline for data center construction totals $82 billion in projects, second only to the US, according to Global Data figures. Microsoft is the second-biggest cloud provider, after Amazon.com Inc. Last quarter, its Azure cloud-service sales grew 30%…..

By Michael Nienaber of Bloomberg

Enjoy! SBalley Team