Tag: models
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RBI proposes guidelines for banks to manage AI risks
MUMBAI, June 24 : India’s central bank has proposed rules requiring banks to strengthen oversight of risks tied to AI and machine-learning models, mandating board-approved policies, stronger controls and model inventories. The Reserve Bank of India said banks must put in place a board-approved risk management
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US export ban on Anthropic shakes AI industry
The Trump administration has restricted foreign access to Anthropic’s latest AI models over security fears, forcing a global shutdown. Could the row hurt the Claude-maker’s IPO plans and set a far-reaching precedent?
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France’s OVHcloud plans frontier AI models to become Europe’s second LLM player
PARIS, June 17 : OVHcloud plans to train frontier AI models – the most advanced, large-scale systems built from scratch using vast data and computing power – its CEO said on Wednesday, positioning the firm as a potential European challenger to Mistral.The move marks a shift for OVHcloud, Europe’s largest clou
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In US, EU mutual interest for Europe to use best AI models, von der Leyen says
EVIAN-LES-BAINS, France, June 17 : European Commission President Ursula von der Leyen said on Wednesday it was in the mutual interest of the United States and the European Union for the EU to use the best AI models, while praising U.S. moves to ensure artificial intelligence companies acted responsibly when introduc
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EU Commission keeps contact with Anthropic over decision to disable models in EU
BRUSSELS, June 16 : The European Commission is still in contact with U.S. artificial intelligence company Anthropic over its decision to disable its most advanced AI models following an order from the government and other issues, a Commission spokesperson said on Tuesday. Anthropic had said on Friday it di
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Anthropic to meet with US officials over export curbs
WASHINGTON, June 15 : Senior Anthropic technical staff are scheduled to meet with officials at the Department of Commerce in Washington on Monday, a Trump administration official said, after the U.S. government ordered the AI firm late last week to suspend access to its top-tier models for foreign nationals, citing
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Amazon voiced concerns about Anthropic AI models before US government’s crackdown, source says
June 13 : Amazon CEO Andy Jassy was among tech leaders who raised concerns to senior Trump administration officials this week about security risks in Anthropic’s most advanced AI models, a person familiar with the matter told Reuters. Amazon did not immediately respond to a request for comment.Citi
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US blocks foreign access to Anthropic’s most advanced AI models, Axios reports
June 12 : The Trump administration is blocking foreign governments, companies and individuals from accessing Anthropic’s most advanced AI models, Axios reported on Friday.Reuters could not immediately verify the report.U.S. Commerce Secretary Howard Lutnick on Friday sent a letter to Anthropic CEO Dari
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India’s SatSure bags $2.6 million grant to build AI-powered Earth observation models
June 11 : Indian space startup SatSure Analytics secured a 246 million rupee ($2.57 million) grant from the country’s space regulator on Thursday, to develop AI models for Earth observation as part of a wider push towards building sovereign AI capabilities.Governments worldwide are increasingly investing in d
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Elaine Yu
Elaine is a reporter for CNBC International, focused on business, economic, financial and technology developments in China.
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