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SoftBank Looking for More AI Deals Following Arm IPO

SoftBank is looking to engage in more artificial intelligence deals after the mammoth initial public offering (IPO) of its Arm unit. Arm's secured a $54.5 billion valuation in its IPO on Wednesday. Masayoshi Son, founder and chief executive, is reportedly ready to invest tens...

G7 Should Adopt “Risk-Based” AI Regulation, Ministers Suggest

Digital ministers at the latest Group of Seven meeting on Sunday agreed that "risk-based" regulation of artificial intelligence technology should be adopted. This comes as European lawmakers look to pass an AI Act in order to govern emerging technologies such as ChatGPT from Open...