Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

White House AI council meets Monday as legislative action stalls

Published 01/29/2024, 05:03 AM
Updated 01/29/2024, 01:10 PM
© Reuters. FILE PHOTO: U.S. Commerce Secretary Gina Raimondo speaks on Day 1 of the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023. Leon Neal/Pool via REUTERS/File Photo
MSFT
-
GOOGL
-
AMZN
-
NVDA
-

By David Shepardson

WASHINGTON (Reuters) - 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.

White House Deputy Chief of Staff Bruce Reed, who will convene the council meeting Monday, said in a statement the federal government had made significant progress in the prior 90 days on AI, saying Biden's "directive to us is move fast and fix things."

The White House said nine government agencies - including Defense, Transportation, Treasury, and Health and Human Services - submitted risk assessments to the Department of Homeland Security required under Biden's order.

At the same time, efforts in Congress to pass legislation in Congress addressing AI have stalled despite numerous high-level forums and legislative proposals.

On Friday, the Biden administration said it was proposing requiring U.S. cloud companies to determine whether foreign entities are accessing U.S. data centers to train AI models through "know your customer" rules.

"We can't have non-state actors or China or folks who we don’t want accessing our cloud to train their models," U.S. Commerce Secretary Gina Raimondo told Reuters Friday. "We use export controls on chips. Those chips are in American cloud data centers so we also have to think about closing down that avenue for potential malicious activity."

Last month, Raimondo said Commerce would not allow Nvidia (NASDAQ:NVDA) "to ship is the most sophisticated, highest-processing-power AI chips, which would enable China to train their frontier models."

Biden's executive order invokes the Defense Production Act to require developers of AI systems that pose risks to U.S. national security, the economy, public health or safety to share the results of safety tests with the U.S. government before they are publicly released.

The Commerce Department plans to soon send those survey requests to companies. Raimondo told Reuters companies will have 30 days to respond.

© Reuters. FILE PHOTO: U.S. Commerce Secretary Gina Raimondo speaks on Day 1 of the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023. Leon Neal/Pool via REUTERS/File Photo

"Any company that doesn't want to comply is a red flag for me," she said.

Top cloud providers include Amazon.com (NASDAQ:AMZN)'s AWS, Alphabet (NASDAQ:GOOGL)'s Google Cloud and Microsoft (NASDAQ:MSFT)'s Azure unit.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.