🏛 White House Delays Legislative Action on AI

PLUS: UK Government launches AI forum

Author

The Unbound AI
January 31, 2024

🤖 Welcome, AI enthusiasts.

The White House artificial intelligence council is meeting Monday, three months after President Joe Biden signed an executive order that aims to reduce the risks AI poses.

📰 In today’s Unbound:

  • 🏛 White House Delays Legislative Action on AI

  • 📈 UK Government launches AI forum

  • 💰 Rebellions secure $124M to develop AI chip

  • 🧠 Neuralink places first brain chip implant in human

  • 💼 7 new AI tools & 4 new AI jobs

  • 📰 More AI & tech news

🚀 LATEST DEVELOPMENTS

Image source: Brendan Smialowski/AFP/Getty Images

The Inside Scoop: During Monday's session, the White House AI Council deliberated on the safety, privacy, and security issues associated with AI models across both public and private sectors.

🔑 Key points:

  • In October, President Joe Biden signed an executive order focused on civil rights, industry regulations, and government investment in AI tools

  • .White House Deputy Chief of Staff Bruce Reed, leading the meeting, stated that President Biden has directed them to "move fast and fix things."

  • The White House verified that nine agencies, including Defense, Transportation, and Treasury, have submitted risk assessments as mandated by President Biden's order.

  • Despite high-level forums and legislative proposals, congressional efforts to pass AI-related legislation have stalled.

The relevance: The Biden administration is actively working to thwart malicious actors from exploiting vulnerabilities in AI systems, particularly to mitigate the risks of cyberattacks or disinformation campaigns.

Image Source: Gov.uk

The Inside Scoop: Recently, the Government launched a new AI Opportunity Forum which aims to ramp up adoption of AI in the private sector.

🔑 Key points:

  • The UK Government has initiated an AI Forum, uniting AI companies and business leaders to promote the adoption of AI in the private sector.

  • The forum was established in response to the discovery that just 1 in 10 organizations based in the UK is prepared to incorporate AI into their operational processes.

  • It aims to fill this gap by creating opportunities for industry leaders and AI experts to exchange best practices and knowledge, fostering economic growth.

  • Chaired by Michelle Donelan, the Technology Secretary, and Franck Petitga, special adviser to Rishi Sunak, the forum will include representatives from Microsoft, Google, KPMG, and GSK.

The relevance: The new group aims to enhance the AI culture and skills of UK organizations, focusing on governance, awareness, technological risks, and data availability.

Image Source: SiliconAngle

The Inside Scoop: The startup disclosed the investment on Monday, with KT, South Korea's second-largest wireless carrier and a customer of Rebellions, leading the funding round.

🔑 Key points:

  • South Korean AI chip startup, Rebellions, secures $124M in Series B funding for the development of its third AI chip.

  • Samsung and Rebellions plan to jointly design and manufacture a chip, with development set to conclude by year-end.

  • Rebellions will utilize the funding to scale up production of its data center-oriented chip (Atom) and broaden its development.

  • Rebellions, in its Series B funding, has attained a valuation of $658 million. The latest round has brought the total funding raised to $210 million since its launch in 2020.

Rebellions, which is now valued at $658 million, sells two processors called Ion and Atom. Both are optimized to run AI applications. However, they’re based on different manufacturing technologies and target two separate sets of use cases.

Image Source: Neuralink

The Inside Scoop: Elon Musk recently revealed the successful implantation of Neuralink's advanced brain chip in a human test subject. The patient is reportedly recovering well from the procedure, as stated in Musk's post on X.

🔑 Key points:

  • Musk highlighted "encouraging neuron spike detection" in the patient, indicating that the chip's sensors are recording individual brain cell activity.

  • Musk unveiled that Neuralink's inaugural product, 'Telepathy,' aims to empower paralyzed individuals to control devices through thoughts.

  • The initial trials of the company focused on patients aged 22 and above with quadriplegia due to spinal injuries or ALS.

  • The first product from Neuralink would be called Telepathy, Musk said in a separate post on X.

Unexpected on the 2024 bingo card: Neuralink advances brain hardware, opening possibilities for groundbreaking abilities in paralyzed patients and bringing consumer availability of the tech closer.

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🎬 THAT’S A WRAP

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