Artificial Intelligence Overview [April 16]: The UK formulates artificial intelligence regulations, Microsoft invests US$1.5 billion in G42, etc.

AI Roundup, April 16: The UK is working hard on drafting national artificial intelligence regulations for powerful tools like OpenAI’s ChatGPT. This regulation is intended to limit or eliminate the potential harm of emerging technologies. In other news, Microsoft will invest $1.5 billion in G42, an artificial intelligence company based in the United Arab Emirates. The partnership was approved by the U.S. and UAE governments. Check out similar AI news today.

1. The UK has begun developing AI regulations to eliminate risks

The UK has begun drafting artificial intelligence regulations that would apply to emerging technologies and large language models. These regulations will also be enforced on current and future AI tools.According to Bloomberg, these artificial intelligence regulations are expected to eliminate potential risks of artificial intelligence and its use Report. However, no timeline was specified for when the regulations would be announced.

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2. Microsoft is investing in artificial intelligence company G42

Microsoft announced that it will invest US$1.5 billion in G42, an artificial intelligence company based in the United Arab Emirates. It is also reported that G42 will use Microsoft cloud services to quickly run its AI applications. According to Reuters, Sheikh Tahnoon said in a G42 statement: “Microsoft’s investment in G42 marks a key moment in our company’s growth and innovation journey and marks the strategic alignment of vision and execution between the two organizations.” Report.

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3. Cropin Technology, an agricultural technology company, launches an open source artificial intelligence model for farmers

Google-backed agritech company Cropin Technology has announced the launch of its “akṣara” artificial intelligence model to help farmers and the agricultural industry. It will provide climate-smart agricultural practices for nine crops in five countries of the Indian subcontinent: rice, wheat, maize, sorghum, barley, cotton, sugarcane, soybean and millet. “Agriculture-specific AI models are expected to attract significant investment, providing a practical and economically viable approach to transforming food systems,” said Krishna Kumar, founder and CEO of Cropin. Report.

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4. DeepMind CEO will invest more than $100 billion in artificial intelligence

Google DeepMind CEO Demis Hassabis highlighted the company’s AI business and said more than $100 billion will be spent developing artificial intelligence technology. “We won’t talk about specific numbers, but I think over time we will invest more,” Hassabis said. However, he did not specify how the company would spend the huge sum, according to Bloomberg . Report.

5. Badiu’s Ernie Bot announced to have over 200 million users

China’s Baidu has revealed that its artificial intelligence chatbot Ernie Bot has more than 200 million users, making it one of the country’s famous artificial intelligence tools. Baidu CEO Robin Li also highlighted that Ernie Bot’s application programming interface (API) is used 200 million times a day.However, globally, there is no competition between ChatGPT and Ernie Bot, according to Reuters Report.

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Surja, a dedicated blog writer and explorer of diverse topics, holds a Bachelor's degree in Science. Her writing journey unfolds as a fascinating exploration of knowledge and creativity. With a background in B.Sc, Surja brings a unique perspective to the world of blogging. Hers articles delve into a wide array of subjects, showcasing her versatility and passion for learning. Whether she's decoding scientific phenomena or sharing insights from her explorations, Surja's blogs reflect a commitment to making complex ideas accessible.

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