19 of The World's Largest Tech Companies ORDERED to REVEAL Algorithms Behind Their Latest AI Developments....

The European Commission is making 19 tech giants, including Amazon, Google, TikTok, and YouTube, reveal their AI algorithms under the Digital Services Act. This is a significant step towards making AI more transparent and accountable, and ultimately, improving our lives.

As we know, AI is expected to impact every aspect of our lives, from healthcare to education, to even how well we write. However, it also generates fear, such as concerns about machines becoming smarter than us or causing harm inadvertently. To avoid these risks, transparency and accountability will be crucial for AI to benefit us positively.

The EU Artificial Intelligence Act aims to achieve this goal. By sharing commercial information with regulators before using AI for sensitive practices such as hiring, companies can be held accountable for the outcomes of their algorithms. EU rules could quickly become the global standard, making this a significant development in AI regulation.

However, there's always a balance to strike when it comes to regulation. The major tech companies view AI as the next big thing, and innovation in this field is now a geopolitical race. Too much regulation could stifle progress, but at the same time, we need to make sure that companies are accountable for their algorithms' outcomes.

Companies will also need to answer any questions the commission members have about their AI projects.

\This is a significant development for AI regulation that will benefit everyone. By making AI more transparent and accountable, we can ensure that it improves our lives and avoids the potential risks.

Will They Even Have The Answers?

Interestingly, AI researchers are increasingly devoting time to understanding what AI is doing. Sometimes they can dig into the data and identify particular parameters on which the AI relies heavily. However, explaining why AI did or said something can be like explaining a magic trick without knowing the secret. 

This may be the most alarming revelation from these hearings – the creators don't always understand their creations.

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Author: Trevor Kingsley
Tech News CITY // New York Newsroom

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Does AI think and feel? Why Two Google Engineers are Saying "Yes" - Because They've Seen it For Themselves...

Is it feasible for artificial intelligence to think and have feelings? In spite of the fact that the answer is "no," two Google engineers are of the opinion that this is not actually the situation. Now that we've reached this point, it would appear that the Turing test has been successfully passed.

Video Courtesy of Cold Fusion TV

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Chips Made To Accelerate Artificial Intelligence Processing - A Vital Step Towards an AI Powered World...

Semiconductors are used in almost every industry and have become a very valuable asset. Developing and making these chips is a hard job. AI chip builders often neglect advanced deep learning needs and features because they think that software stacks between their silicon and algorithms may be enough abstract layers. But the performance gets better as more native hardware support is enabled.

Rebellions Inc, an AI-semiconductor startup, is working to solve this problem by making AI accelerators that close the gap between deep learning algorithms and the underlying silicon architectures. They are pushing the limits of algorithms to make better use of silicon budgets, and they are re-architecting AI processors to add complex deep learning capabilities using DL kernels that are built specifically for silicon.

The first chip made by Rebellions, called ION, came out in November 2021. The company says that it cuts down on delays and speeds up trading.

In terms of getting things done, it is thought to be twice as fast as the Intel Habana Labs AI Chip Goya...

Its main customers are investment banks around the world. The ION chips will be made by the Taiwan Semiconductor Manufacturing Company (TSMC) by the end of next year.

The company wants to make an AI processor for a specialized industry as well as the ideal software for it. With this strategy and a unique decentralized programming model, users will be able to equip themselves with the most powerful AI hardware that uses the least amount of energy and will also be able to integrate software without any problems.

In a Series A funding round, the South Korean startup got $50 million (62 billion KRW)...

 The round was backed by Temasek's Pavilion Capital. Korean Development Bank, SV Investment, Mirae Asset Capital, Mirae Asset Ventures, IMM Investment, KB Investment, KT Investment, and existing investors Kakao Ventures, GU Equity Partners, and Seoul Techno Holdings all took part in the round. With this round, Rebellions has raised a total of about $80 million (100 billion KRW), which is worth an estimated $283 million (325 billion KRW).

With these funds, the company plans to hire twice as many people and open an office in the U.S. They will also focus on making a lot of their second AI chip prototype, ATOM, which will be aimed at cloud companies and data centers.

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Author: Preston Summers
Tech News CITY // Austin Newsroom

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