EUROPEAN UNIONS RAPID ALERT SYSTEM
EU's new AI rules ignite battle over data transparency
Europe focuses on AI innovation to lead globally, balancing transparency and copyright protection under the new AI laws, emphasizing the need for innovation before regulation to avoid dependency on American and Chinese products.
US clears way for antitrust inquiries of Nvidia, Microsoft and OpenAI
Federal regulators are proceeding with antitrust investigations into Microsoft, OpenAI, and Nvidia in the AI industry. The Justice Department and FTC are leading the investigations, signaling increased scrutiny into AI technology.
EU industry chief urges US to pass new tech rules, foster shared digital market
EU's industry chief calls for new tech regulations for global digital market. Leading in tech regulation with DMA and AI Act. U.S. facing antitrust lawsuit against Apple by Department of Justice.
A new trade war offers no easy way back for old global order
The US-China trade war has intensified with the use of tariffs and subsidies, impacting Europe and China. US Treasury Secretary Janet Yellen has warned of global business risks.
Why contaminated foods can easily enter your kitchen
Though India has a food regulator, the actions regulators abroad take on exported foods seem to get wider attention. There is a danger of trust deficit that needs urgent attention through better testing, penalties, and transparency.
Ukraine's farm minister is the latest corruption suspect as Kyiv aims to undo recent Russian gains
Ukraine's National Anti-Corruption Bureau suspects Solskyi headed an organized crime group that between 2017 and 2021 unlawfully obtained land worth 291 million hryvnias ($6.85 million) and attempted to obtain other land worth 190 million hryvnias ($4.47 million).
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Europe one step away from landmark AI rules after lawmakers' vote
Three years in the making, the AI Act comes as generative AI systems such as Microsoft-backed OpenAI's ChatGPT, and Google's chatbot Gemini become more popular, fuelling concerns about misinformation and fake news.
Crops, consumption and connectivity: the 3Cs at the core of India’s agricultural asymmetries
The country is the largest producer of many crops but it still has to resort to imports to meet domestic demand. Experts say we have to plug the gaps in the supply chain linking production and consumption centres to make the sector efficient and reduce import dependency.
False GPS signal surge makes life hard for pilots
False GPS signals near conflict zones are increasing and pose safety risks for flights. GPS spoofing incidents have become a growing concern. Collaboration between EASA and IATA is aiming to address the issue and implement solutions to ensure navigation system integrity.
WTO backs India's pitch to cut remittance cost
Separately, Indonesia has backed New Delhi's proposal to reinvigorate the work under the Work Programme on Electronic Commerce, which requires structured discussion on trade-related issues over global e-commerce, taking into account the economic, financial and development needs of developing countries.
Delhi to host first ever EU-India roundtable on countering terrorist exploitation of unmanned aerial systems
The first-ever EU-India Track 1.5 dialogue on countering the use of unmanned aerial systems (UAS) by extremists and non-state actors is set to take place in New Delhi. The roundtable aims to understand emerging threats associated with consumer-grade UAS technology and discuss best practices for regulatory, tactical, and investigative responses. The event is part of ongoing counterterrorism engagement between the EU and India, addressing the growing threat of violent extremists using commercial drones for reconnaissance and attacks.
India aims to slash green hydrogen cost to $1 per kg by 2030: Amitabh Kant
Speaking at the ‘FICCI Circular Economy Symposium’, Kant set forth an ambitious target for India to reduce the cost of green hydrogen production to $1 per kg by 2030, down from the current rate of $4.5 per kg.
AI systems can't be named as the inventor of patents, UK's top court rules
An artificial intelligence system can't be registered as the inventor of a patent, Britain's Supreme Court ruled Wednesday in a decision that denies machines the same status as humans.
What Ukraine needs to do to keep its EU membership bid going
Brussels offered Kyiv candidate status four months after Moscow's February 2022 invasion, prompting a rush by Ukrainian authorities to reform priority areas identified by the European Commission. In its Nov. 8 assessment, the European Commission praised Ukraine's progress and recommended that EU leaders launch negotiations, but singled out several immediate tasks to complete.
No rush to write bespoke rules for AI in finance, says UK watchdog
As criminals make "unfettered" use of artificial intelligence (AI) to disrupt markets and scam consumers, Britain has a cocktail of rules already in place to tackle them, the Financial Conduct Authority (FCA) said on Tuesday.
UN climate talks chief Sultan Al Jaber pushes for rapid draft deal
The head of the UN climate summit pressed nations Friday to strike a deal as talks resumed after a break, with only four days left for negotiators to iron out differences over the fate of fossil fuels. A draft deal was released on Tuesday but negotiators failed to produce another text on Wednesday before heading into the break.
India's per capita emissions less than half of global average in 2022: Report
According to the Global Carbon Project, a group of international scientists, the United States topped the per capita emissions chart with every individual in the country emitting 14.9 tonnes of CO2 (carbon dioxide), followed by Russia (11.4), Japan (8.5), China (8), and the European Union (6.2). The global average stood at 4.7 tonnes.
Railways’ Kavach tech can be exported in five years
“In 2024, we will install Kavach in 2,500 km route. And from 2025 onward, we will be deploying it in 5,000 km every year till we cover our entire rail network of 68,000 km,” Vaishnaw told ET in an interview. He said large electronics and telecom equipment manufacturers have shown willingness to manufacture Kavach in India, which will boost the overall capacity of the industry.
EU considering whether to attend Britain's AI summit, spokesperson says
British Prime Minister Rishi Sunak is set to host the summit in November bringing together governments, tech companies and academics to discuss the risks posed by the technology. But the invitee list has been kept under wraps, with some companies declining to say whether they have been invited.
Europe is world's fastest warming continent: Climate report
Crop-withering drought, record sea-surface temperatures and unprecedented glacier melt are among the consequences laid out in a report by the World Meteorological Organization and the European Union's Copernicus Climate Change Service.
EU lawmakers vote for tougher AI rules as draft moves to final stage
The amendments to the EU Commission's proposed landmark law aimed at protecting citizens from the dangers of the technology could set up a clash with EU countries opposed to a total ban on AI use in biometric surveillance.
Europeans take a major step toward regulating AI
The European Union took an important step Wednesday toward passing what would be one of the first major laws to regulate artificial intelligence, a potential model for policymakers around the world as they grapple with how to put guardrails on the rapidly developing technology.
OpenAI CEO Sam Altman encourages South Korea to supply chips in AI boom
Altman, after crisscrossing Europe last month meeting lawmakers and national leaders to discuss AI's prospects and threats, has travelled this week to Israel, Jordan, Qatar, United Arab Emirates, India and South Korea.
EU watchdog calls for curbing leverage in crypto trading
It was one of several recommendations made by the European Systemic Risk Board, which ranged from demanding regular reports from all companies involved with crypto assets to introducing specific rules for the largest firms in that space.
How Europe is leading the world in building guardrails around AI
A European Parliament committee voted to strengthen the flagship legislative proposal as it heads toward passage, part of a years-long effort by Brussels to draw up guardrails for artificial intelligence.
White House pushes tech CEOs to limit risks of AI
For roughly two hours in the White House's Roosevelt Room, Vice President Kamala Harris and other officials told the leaders of Google; Microsoft; OpenAI, the maker of the popular ChatGPT chatbot; and Anthropic, an AI startup, to seriously consider concerns about the technology. President Joe Biden also briefly stopped by the meeting.
As artificial intelligence booms, EU lawmakers wrangle over new rules
The European Commission proposed the draft rules nearly two years ago in a bid to protect citizens from the dangers of the emerging technology, which has experienced a boom in investment and consumer popularity in recent months.
Asia set to use half of world's electricity by 2025: International Energy Agency
Much of Asia's electricity use will be in China, a nation of 1.4 billion people whose share of global consumption will rise from a quarter in 2015 to a third by the middle of this decade, the Paris-based body said.
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