French competition watchdog probes AI dominance of big tech; US AI giants collaborate on federal security standards; Microsoft teams up with Everything AI for voice-based GenAI tools; The government says AI will impact jobs, but it will also create opportunities and more in our daily roundup. Let's have a look.
1. French competition watchdog examines big tech's AI dominance
France's competition authority has launched a public consultation on the AI sector with the aim of assessing the strategies of big tech companies. It examines the potential abuse of market power, with a focus on companies in adjacent markets such as cloud infrastructure. The investigation targeted major players such as Microsoft, Amazon and Google. Stakeholders have until March 22 to submit comments, assuming the authority delivers its feedback in the near future, according to a Bloomberg report.
2. US AI giants collaborate on federal security standards
Top US AI firms including OpenAI, Meta Platforms and Google are teaming up with the Commerce Department to establish federal AI security standards. Led by Commerce Secretary Gina Raimondo, the initiative has 200 members and aims to work with various stakeholders to ensure responsible AI deployment. President Biden's order emphasizes balancing innovation protection with security measures amid the rapid evolution of AI, Bloomberg reported.
3. Microsoft collaborates with Everything AI for voice-based GenAI tools
Microsoft has partnered with Indian startup Sarvam AI to develop voice-based productivity AI tools. The collaboration aims to leverage Microsoft's cloud services, including the Azure OpenAI service, for building genAI models targeting Indian languages. The initiative aligns with CEO Satya Nadella's goal of providing AI skill opportunities to 2 million Indians by 2025. Sarvam AI, backed by $41 million in Series A funding, emerged from AI research at the Indian Institute of Technology, Madras. Reuters.
4. The Indian government recognizes the job impact of AI
The Indian government has acknowledged the potential job losses due to AI, contrary to earlier denials. Minister Rajiv Chandrasekhar stated that AI can automate routine jobs and even create roles in data science. Out of 16.52 lakh applicants, 2.9 lakh have already been trained, he highlighted the need for reskilling, referring to the “Futureskills Prime” program training youth in emerging technologies including AI, The New Indian Express reported.
5. Productive AI poses security threats, expert warns
Rapid adoption of generative AI introduces new security risks, warns Adir Grus of Aim Security. GenAI simplifies tasks and offers personalized experiences, its flexibility in handling different data formats makes it a target for exploitation. According to a Forbes report, Gruss predicts widespread use of GenAI, emphasizing its potential for highly personalized user experiences.
Also, read these top articles today:
Cookies are breaking! Small data files that help companies track consumers on the web are disappearing. But that doesn't mean a return to privacy. Some interesting details in this article. Check it out here.
Meta challenges the EU! Meta announced Wednesday that it will challenge in court the EU's demand for fees under the Content Moderation Act, the EU's legal weapon for regulating big tech. Read all about it here.
Microsoft will cut more jobs! The FTC sought a response after the Satya Nadella-led company aimed to cut 1,900 jobs from its newly acquired Activision Blizzard, after it was revealed plans by Microsoft. Dive in here.