📰 Latest Updates: Bloomberg's AI Lawsuit, UK AI Regulation Bill, and More!

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Latest News

1. Bloomberg Seeks Dismissal of Copyright Lawsuit Over AI Training

Bloomberg LP has requested a New York federal judge to dismiss a lawsuit filed by Arkansas governor Mike Huckabee and other authors, alleging that the company misused their books to train its large language model, BloombergGPT, arguing that it falls within the fair use doctrine. The lawsuit, part of several major cases against tech companies over alleged misuse of content for training AI, lacks specific allegations about infringement, according to Bloomberg. Fair use is expected to be a key defense in such disputes, with Bloomberg asserting that its limited use for internal research does not constitute copyright infringement. The case, separated from claims against Meta and Microsoft, awaits further legal proceedings. [Read more]

2. Proposed UK AI Regulation Bill Advances in House of Lords

The proposed UK AI regulation bill, introduced by Lord Holmes of Richmond, received its second reading in the House of Lords on March 22. The bill aims to establish an AI authority to coordinate existing regulators and identify gaps in the regulatory landscape. It emphasizes principles such as trust, transparency, and accountability, and includes provisions for sandboxes, responsible AI officers, and public engagement. While the bill received broad support from members of the House of Lords, concerns remain about whether the government will adopt it. Despite uncertainties, there is optimism about the potential positive impact of AI regulation on various sectors. [Read more]

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That wraps up our newsletter. Stay tuned for more tech updates in the future. Keep exploring and innovating!