Fortune May 4, 2023
By Matt O'Brien, Josh Boak, and The Associated Press

Vice President Kamala Harris will meet on Thursday with the heads of Google, Microsoft and two other companies developing artificial intelligence as the Biden administration rolls out initiatives meant to ensure the rapidly evolving technology improves lives without putting people’s rights and safety at risk.

The Democratic administration plans to announce an investment of $140 million to establish seven new AI research institutes, administration officials told reporters in previewing the effort.

In addition, the White House Office of Management and Budget is expected to issue guidance in the next few months on how federal agencies can use AI tools. There will also be an independent commitment by top AI developers to participate in a public evaluation of their systems...

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Topics: AI (Artificial Intelligence), Congress / White House, Govt Agencies, Regulations, Technology
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