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

Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown
Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown After China has reigned for a number of consecutive years as the dominant bitc
Marcel Pechman7 hours agoGermany is dragging Europe’s economy down — and that’s great for cryptoCointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is
Ethereum Holds Key Range Support – Bulls Set Sights on Higher Levels
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Mad Money’s Jim Cramer Says Crypto Immolation Shows the Fed’s Job to Tame Inflation Is Almost Complete
Mad Money"s Jim Cramer Says Crypto Immolation Shows the Fed"s Job to Tame Inflation Is Almost Complete The host of Mad Money, Jim Cramer, claims that “With the immolation of
MeWe social network boss says blockchain can solve the TikTok problem
Tristan Greene4 hours agoMeWe social network boss says blockchain can solve the TikTok problemCEO Jeffrey Edell laid out a six-point plan for social media companies planning the transition to blockchain.392 Total views3
Dogecoin Price Skyrockets 325%, Crypto Fueled by Elon Tweets and Redditors
Dogecoin Price Skyrockets 325%, Crypto Fueled by Elon Tweets and Redditors The infamous meme token dogecoin has been skyrocketing in value rising more than 325.2
Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
Alex O’Donnell4 hours agoEurope’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — FilingOther hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.3930 Total views6 Total s
Watch these BTC price support levels as Bitcoin tumbles below $64K
William Suberg7 hours agoWatch these BTC price support levels as Bitcoin tumbles below $64KBitcoin’s short-term holder cost basis is crossed in a rare show of weakness as BTC price action fails to find support.3278 Tot
Bitcoin Network Activity Is Declining — Impact On Price?
Este artículo también está disponible en español. A sluggish Bitcoin price performance has not been the only disappointing theme for the largest crypto market so far in 2
South Korean party bets on US Bitcoin ETF access for votes
Ana Paula Pereira6 hours agoSouth Korean party bets on US Bitcoin ETF access for votesSouth Korea"s political parties are pledging crypto-related incentives to attract voters ahead of parliamentary elections.1917 Total v
MIND of Pepe Presale 3 Days Away from Ending – Last Chance to Buy the Best AI Agent Coin
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Prashant Jha10 hours agoMoneyGram to launch noncustodial crypto wallets by Q1 2024The noncustodial wallet will continue MoneyGram’s remittance focus, allowing users to easily convert their digital assets to fiat.1205 T