New York State Government to Monitor its Use of AI under a New Law

A video surveillance camera hangs from the ceiling above a subway platform, Oct. 7, 2020, in the Brooklyn borough of New York. (AP Photo/Mark Lennihan, File)
A video surveillance camera hangs from the ceiling above a subway platform, Oct. 7, 2020, in the Brooklyn borough of New York. (AP Photo/Mark Lennihan, File)
TT

New York State Government to Monitor its Use of AI under a New Law

A video surveillance camera hangs from the ceiling above a subway platform, Oct. 7, 2020, in the Brooklyn borough of New York. (AP Photo/Mark Lennihan, File)
A video surveillance camera hangs from the ceiling above a subway platform, Oct. 7, 2020, in the Brooklyn borough of New York. (AP Photo/Mark Lennihan, File)

New York state government agencies will have to conduct reviews and publish reports that detail how they're using artificial intelligence software, under a new law signed by Gov. Kathy Hochul.

Hochul, a Democrat, signed the bill last week after it was passed by state lawmakers earlier this year.

The law requires state agencies to perform assessments of any software that uses algorithms, computational models or AI techniques, and then submit those reviews to the governor and top legislative leaders along with posting them online, according to The AP.

It also bars the use of AI in certain situations, such as an automated decision on whether someone receives unemployment benefits or child care assistance, unless the system is being consistently monitored by a human.

State workers would also be shielded from having their hours or job duties limited because of AI under the law.

State Sen. Kristen Gonzalez, a Democrat who sponsored the bill, called the law an important step in setting up some guardrails in how the emerging technology is used in state government.

 

 

 

 

 



Nvidia Closes $700 mln Run:ai Acquisition after Regulatory Hurdles

A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. (Reuters)
A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. (Reuters)
TT

Nvidia Closes $700 mln Run:ai Acquisition after Regulatory Hurdles

A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. (Reuters)
A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. (Reuters)

Chipmaker Nvidia has completed its acquisition of AI firm Run:ai, the startup said on Monday, following antitrust scrutiny over the buyout.

The European Commission granted unconditional approval to Nvidia's $700 million bid for Run:ai, which helps developers optimize infrastructure for AI, earlier in December after saying in October that the deal would require EU antitrust clearance.

The EU antitrust watchdog had warned that the deal threatened competition in the markets where the companies operate.

Its probe into the deal focused on practices that could strengthen Nvidia's control over the market for graphics processing units (GPUs), which are the sought-after chips often employed in AI-linked tasks, Reuters reported.

Nvidia dominates the market for AI graphics processors and commands about 80% of its share.

However, the European Commission concluded earlier in December that Run:ai's acquisition, originally announced in April, would not raise competition concerns.

The US Department of Justice is also investigating the chip giant's buyout of Run:ai on antitrust grounds, Politico had reported in August.

Regulators on both sides of the Atlantic have recently stepped up their scrutiny of tech giants' acquisitions of startups on concerns that such deals may shut down potential rivals.

Run:ai plans to make its software open-source, it said in a blog post.

"While Run:ai currently supports only Nvidia GPUs, open sourcing the software will enable it to extend its availability to the entire AI ecosystem," it said.