Fun

Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’

News Feed - 2024-07-19 02:07:00

Tristan Greene6 hours agoMeta won’t launch new AI products in EU, citing ‘regulatory uncertainty’The door is now wide open for Google and Microsoft to gain first movers’ advantage over the entire continent.337 Total views8 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksMeta is the latest United States-based tech giant to pause artificial intelligence releases in the European Union. The company joins Apple, which announced in June that it would be withholding several AI-powered iPhone features from customers in the EU.


So far, neither company has given a timeline or described what, exactly, needs to happen for the embargoes to lift, but both companies have cited “regulatory uncertainty” as the catalyst.


In a statement sent exclusively to Axios on July 17, a Meta spokesperson said:“We will release a multimodal Llama model over the coming months, but not in the EU due to the unpredictable nature of the European regulatory environment.”


As Cointelegraph recently reported, Apple made a similar statement in June. Citing regulatory uncertainty at the time, the Cupertino company claimed that the EU’s Digital Markets Act (DMA) could “force us to compromise the integrity of our products in ways that risk user privacy and data security.”EU laws


While the two cases are similar, the companies appear to be protesting different aspects of EU law. At the heart of Apple’s issue lies language in the DMA that requires so-called “gatekeepers” such as Meta and Apple to develop products and services in such a way that associated software works on rival platforms. This, essentially, is to stop one company from using proprietary technology to corral the consumer market.


Meta, however, seems to be concerned over language in the EU’s General Data Protection Regulation (GDPR) limiting how companies can utilize user-generated data.Meta artificial intelligence


Meta was ordered by the Irish Data Protection Commission, the independent regulator responsible for enforcing GDPR, in June to pause its AI assistant rollout in the EU over data privacy concerns.


The company uses data generated by Facebook and Instagram users to train its AI models; however, Meta claims it does so only with consent and that users have the option to opt out.


According to Axios, Meta still intends to roll out future AI products — including an upcoming version of its Llama AI model that supports audio and video — in the United Kingdom. Despite the UK’s GDPR being nearly identical to the EU’s, Meta reportedly claimed that EU regulators were working much slower and that it foresaw no problems with its data collection policies in the UK’s regulatory environment.


Related:Meta faces backlash in EU for AI data usage without user consent# Apple# Facebook# Europe# Technology# AI# European Union# Instagram# Meta# RegulationAdd reaction

News Feed

Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 mi
Binance founder CZ walks free from US prison
Alex O’Donnell3 hours agoBinance founder CZ walks free from US prisonHe served four months in federal prison for charges including alleged violations of United States Anti-Money Laundering rules.1075 Total views9 Total
Gareth Jenkinson14 hours agoUK’s ‘Help with Fees’ scheme won’t define crypto as disposable incomeThe Ministry of Justice’s proposed “Help with Fees” scheme will not classify cryptocurrencies as disposable i
Deutsche Bank Predicts Major US Recession Next Year
Deutsche Bank Predicts Major US Recession Next Year Deutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other majo
Visa Grants Principal Membership to Crypto Payments Platform Wirex
Visa Grants Principal Membership to Crypto Payments Platform Wirex London-based crypto-payments platform Wirex can now issue Visa accounts and process transactio
Worldcoin reaches 10M users, 70M transactions and at least 13 goats bought
Tristan Greene5 hours agoWorldcoin reaches 10M users, 70M transactions and at least 13 goats boughtOpenAI CEO Sam Altman’s identity coin startup Worldcoin’s World App now has more daily users in April than its entire
BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance
The BRICS association of major emerging economies has discussed developing a digital currency to ease trade in the bloc and reduce its reliance on U.S. dollars in settlement. The po
Tron (TRX) Leads The Crypto Market With 100% Rally To New ATH, $0.5 Next?
Este artículo también está disponible en español. Tron (TRX) joined the crypto market’s rally by jumping over 100% in 24 hours to a new all-time high (ATH). Its surge i
Turner Wright8 hours agoBinance and CZ renew calls to dismiss CFTC lawsuitLawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the “world’s derivatives police” in its lawsu
Nivesh Rustgi5 hours agoEther death cross threatens more downside as ETH price trades at a key support levelETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.1218 Total
Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In
Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In Investors are increasingly seeking exposure to bitcoin following the recent months-l
Derek Andersen1 hour ago‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BISThe answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.310