Biden Considers AI Executive Order With Sweeping Regulations

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Here's what we've got today — President Biden is expected to sign an executive order addressing AI regulation on Monday, and Amazon unveiled a new GenAI tool for advertisers.

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White House To Unveil Sweeping AI Executive Order Next Week

President Biden is set to unveil an executive order on AI regulation in the near future. The order will mandate in-depth evaluations of AI models before their deployment in federal operations, enact reforms in tech immigration policies, and direct federal agencies to utilize AI. The White House emphasizes safety and trust in AI, with 15 companies voluntarily committing to responsible practices.

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Amazon Rolls Out Generative AI Image Tool To Help Advertisers

Amazon has launched a generative AI image tool within its Ad Console, designed to create lifestyle-themed backgrounds for product images. The tool aims to boost ad click-through rates by automatically creating visually engaging ads. By generating context-specific imagery from text prompts, the feature makes ad creation simpler, especially for sellers without in-house creative resources.

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• Researchers Develop ‘Woodpecker’ Solution To AI Hallucinations

• Google's Latest Updates Help Root Out AI Deepfakes

• IVP Leads Investment In AI Startup Perplexity At $500M Valuation

• AI Is Finally Resulting In Real Growth For Big Tech

• FTX Is Probing $6.5M Paid To Leading Nonprofit Group On AI Safety

• Artists Allege Meta’s AI Data Deletion Process Is A ‘Fake PR Stunt’

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• Arteria AI Announces $30M Series B Led by GGV Capital U.S.

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