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

DMEX: No-KYC Derivatives DEX With up To 100x Leverage
DMEX: No-KYC Derivatives DEX With up To 100x Leverage DMEX is a decentralized anonymous margin trading exchange that doesn’t require KYC checks, simply gen
Biggest Movers: Monero, Cosmos Slip on Thursday, as Crypto Economy’s Red Wave Returns
Biggest Movers: Monero, Cosmos Slip on Thursday, as Crypto Economy"s Red Wave Returns With cryptocurrency markets falling on Thursday, XMR and ATOM were two of the biggest movers d
What crypto policies can voters expect from potential VPs under Kamala Harris?
Turner Wright6 hours agoWhat crypto policies can voters expect from potential VPs under Kamala Harris?Despite endorsements from major party leaders, the top and bottom of the Democratic presidential ticket have yet to be
Cardano Price Prediction: Why A 52% Rally To $1.20 Could Happen Soon
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
Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days
Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar.
SharpLink Buys the Dip and Adds $100M-Worth of $ETH to its Treasury as $BEST Stands to Gain
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 Jha13 hours agoThai SEC bans the use of customer crypto assets for lending and investmentInvestor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw fi
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications On Monday, the International Monetary Fund (IMF) published a report
Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency
Reserve Bank of India Is Working on "Phased Implementation" of Central Bank Digital Currency India’s central bank, the Reserve Bank of India (RBI), is working on a “p
How to create a memecoin on Solana?
Max Moeller8 hours agoHow to create a memecoin on Solana?Anyone can create a memecoin through Solana without too much hassle. The process simply requires a good idea.1532 Total views5 Total sharesListen to article 0:00Ho
ADALend: New Wave of DeFi Loans on Cardano
ADALend: New Wave of DeFi Loans on Cardano sponsored ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market l
Bitcoin Shows Elevated Unrealized Profits Without Signs Of Panic Selling – New ATH Soon?
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