California’s AB-2013 introduces stringent disclosure requirements for developers of generative AI systems regarding dataset usage, presenting both compliance challenges and opportunities for competitive differentiation in the evolving regulatory landscape.
The New York State Department of Financial Services has released a memorandum under its Cybersecurity Regulation addressing the cybersecurity risks associated with artificial intelligence, emphasizing the need for Covered Entities to implement robust risk assessments and data management practices to mitigate evolving threats.
The Federal Trade Commission has filed a complaint against Evolv Technologies for allegedly making exaggerated claims about its AI-powered security scanners, highlighting the need for accountability in the marketing of AI technologies and the implications of regulatory scrutiny in the sector.
The California Privacy Protection Agency has proposed new regulations under the California Consumer Privacy Act to address automated decision-making technology, privacy risk assessments, and cybersecurity audits, significantly impacting employers and data brokers with compliance requirements set to take effect in 2025.
Barnea Jaffa Lande & Co has published an interim report on the integration of artificial intelligence in the financial sector, outlining key risks and regulatory recommendations while inviting public comments by December 15th.
HarperCollins has entered a three-year agreement with Microsoft to license select nonfiction works for AI training, raising legal concerns about revenue distribution, intellectual property rights, and the role of authors in an AI-driven landscape.
