AI Governance

U.S. Department of the Treasury Releases Report on Managing AI Risks in Financial Sector

Today, the U.S. Department of the Treasury unveiled a comprehensive report aimed at navigating the burgeoning intersection of artificial intelligence (AI) and cybersecurity within the financial services sector. The release comes in response to Presidential Executive Order 14110, emphasizing the imperative of safe, secure, and trustworthy AI development and application.

European Parliament Approves Groundbreaking Artificial Intelligence Act: Balancing Innovation and Safeguarding Fundamental Rights

The European Parliament has approved the Artificial Intelligence Act, marking a significant step toward regulating high-risk AI applications, protecting fundamental rights, and promoting innovation. The regulation, agreed upon in December 2023 after negotiations with member states, received overwhelming support from MEPs, with 523 votes in favor, 46 against, and 49 abstentions.

Attorney General Merrick B. Garland Designates Jonathan Mayer as the Justice Department’s First Chief AI Officer

Attorney General Merrick B. Garland announced today the appointment of Jonathan Mayer as the Justice Department’s first Chief Science and Technology Advisor and Chief Artificial Intelligence (AI) Officer.