عربي English Türkçe اردو فارسى
Logo
Latest News
Technology

US to Launch its Own AI Safety Institute

US Commerce Secretary Gina Raimondo speaks during the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 1, 2023. (AFP)
US Commerce Secretary Gina Raimondo speaks during the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 1, 2023. (AFP)
TT
TT

US to Launch its Own AI Safety Institute

US Commerce Secretary Gina Raimondo speaks during the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 1, 2023. (AFP)
US Commerce Secretary Gina Raimondo speaks during the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 1, 2023. (AFP)

The United States will launch a AI safety institute to evaluate known and emerging risks of so-called "frontier" artificial intelligence models, Secretary of Commerce Gina Raimondo said on Wednesday.

"I will almost certainly be calling on many of you in the audience who are in academia and industry to be part of this consortium," she said in a speech to the AI Safety Summit in Britain.

"We can't do it alone, the private sector must step up."

Raimondo added that she would also commit to the US institute establishing a formal partnership with the United Kingdom Safety Institute.

The new effort will be under the National Institute of Standards and Technology (NIST) and lead the US government’s efforts on AI safety, especially for reviewing advanced AI models.

The institute "will facilitate the development of standards for safety, security, and testing of AI models, develop standards for authenticating AI-generated content, and provide testing environments for researchers to evaluate emerging AI risks and address known impacts," the department said.

President Joe Biden on Monday signed an artificial intelligence executive order, requiring developers of AI systems that pose risks to US national security, the economy, public health or safety to share the results of safety tests with the US government, in line with the Defense Production Act, before they are released to the public.

The order also directs agencies to set standards for that testing and address related chemical, biological, radiological, nuclear, and cybersecurity risks.

Most Viewed

 
 
Technology

Meta Shows Strong Growth as AI Spending Surges

The Meta logo is seen at the Vivatech show in Paris, France, Wednesday, June 14, 2023. (AP)
The Meta logo is seen at the Vivatech show in Paris, France, Wednesday, June 14, 2023. (AP)
TT
TT

Meta Shows Strong Growth as AI Spending Surges

The Meta logo is seen at the Vivatech show in Paris, France, Wednesday, June 14, 2023. (AP)
The Meta logo is seen at the Vivatech show in Paris, France, Wednesday, June 14, 2023. (AP)

Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors.
The social media behemoth, which is also the parent company of Instagram and WhatsApp, said net profit in the third quarter was $15.7 billion -- up 35 percent on the same period last year, AFP said.
Revenues rose 19 percent to $40.6 billion, slightly higher than analyst estimates.
But investors sent Meta shares lower in after hours trading over the outlook for AI spending in the months ahead and another big loss at its virtual and augmented reality arm, Reality Labs.
"Our AI investments continue to require serious infrastructure, and I expect to continue investing significantly there, too," Meta's founder and chief executive Mark Zuckerberg told analysts.
"We haven't decided on a final budget yet, but those are some of the directional trends," he added.
Meta's share price slipped nearly three percent after its earnings results were published.
Like its Big Tech peers, Meta is rushing into artificial intelligence as it tries to build revenue streams away from its social media core business.
In recent months Zuckerberg has put most of his attention and spending on the company's AI innovations that have been rolled out as chatbots across its platforms or used to upgrade its ad tech.
On Wednesday, Meta once again raised its capital investment outlook: for 2024 alone, it is forecasting a range of $38-40 billion, compared with $37-40 billion previously, much of it for AI.
'Rising costs'
Investors "were a little disappointed by the rising costs" said Jasmine Enberg of Emarketer.
"It's going to take longer time to pay off" than some had hoped, she added.
In the first quarter this year, the spending had already caused concern among investors, despite a doubling of earnings.
But a quarter later, Meta's results impressed investors with a further surge in profits, showing that its core ad business could support the investments.
"Meta's solid revenue growth in the quarter will help stave off investor concern about its AI investments," said Debra Aho Williamson of Sonata Insights, who added that these investments were making it easier to post ads on the platforms.
However, she warned, that the full impact of consumer facing AI "won't be felt until 2025 or beyond."
Reactions were positive last month when the company unveiled its Orion augmented reality glasses, which remain experimental but bolstered confidence that Meta will be a leader in the AI wearable space.
Meta also hopes to ride on the excitement of its Ray-Ban Meta smart glasses, which it developed with EssilorLuxottica, the European eyewear giant.
Analysts believe that the glasses could be a hot item during the end-of-year holiday season.
But the recurring losses at Reality Labs, the VR division, continued to weigh on investors minds. The division posted $270 million in revenues in the third quarter -- and $4.4 billion in operating losses.