Articles for tag: AI Risks, Cybersecurity, Data Privacy, European Commission, geopolitical tensions, Surveillance, TikTok

Market News

EU Labels TikTok and AI as Security Threats: Understanding the Implications for Users and Tech Companies

The European Commission is taking steps to protect its staff from surveillance during trips to the US by providing them with burner phones and basic laptops. This move is part of growing concerns about electronic surveillance, especially with rising geopolitical tensions. The Commission has previously banned apps like TikTok on official devices due to cybersecurity ...

Market News

EU Prohibits AI Agents from Participating in Official Online Meetings to Enhance Security and Transparency in Governance

The European Commission has decided to prohibit AI-powered virtual assistants from attending its online meetings. This new rule marks the first official restriction on AI technology among EU officials. Although the Commission has not explained its reasons for the ban, it stands in contrast to the increasing use of AI tools by big tech companies ...

Market News

AI

Nvidia’s $700 million acquisition of AI startup Run faces EU antitrust scrutiny, raising concerns over competition in the tech sector.

The European Commission has announced that Nvidia must seek antitrust approval for its planned acquisition of the Israeli AI startup Run. Concerns about potential competition issues have prompted regulators to investigate the deal, which was initially valued at around $700 million. Although the acquisition does not typically trigger mandatory EU review, it was referred to ...

Market News

AI

Nvidia’s $700 million acquisition of AI startup Run faces EU antitrust scrutiny, raising concerns over competition in the tech sector.

Nvidia, a leading U.S. semiconductor company, must seek approval from the European Commission for its planned $700 million acquisition of Israeli AI startup Run. This decision stems from concerns that the deal could harm competition in the tech sector. EU regulators, who are increasingly vigilant about mergers that may stifle competition, may require Nvidia to ...

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