To address growing geopolitical tensions and technological shifts, the European Commission presented, on 24 January 2024, five new initiatives for strengthening the EU’s economic security. Part of the package is a proposal for a new regulation on the screening of foreign investments, whose aim is to update Regulation 2019/452 (FDI Regulation), which is currently in
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Navigating Shifting Legal Landscapes: Implications of Deputy Attorney General Lisa Monaco’s Address to Oxford University on Artificial Intelligence
Deputy Attorney General Lisa Monaco’s (“Monaco”) recent remarks at Oxford University shed light on the evolving intersection of artificial intelligence (“AI”) and the criminal enforcement landscape and its profound implications for the United States Department of Justice and beyond. As the Chief Operating Officer of the Department of Justice, Monaco’s insights underscore the critical importance
Ten Things About Artificial Intelligence (AI) for GCs in 2024
Whether to and how to integrate AI into business operations remains a real challenge for companies considering the adoption of the technology. We have released “Ten Things About Artificial Intelligence (AI) for GCs in 2024” providing 10 key insights as a helpful guide on the issues around AI. Our global team stands ready
ASEAN Publishes Multipurpose AI Governance Guide
The Association of Southeast Asian Nations (ASEAN) has issued a practical guide[1] for AI design, development and deployment by organizations, as well as for policy formulation by governments in the region. The guide focuses on “traditional AI technologies” that exclude generative AI.
President Biden Prepares Executive Order to Prohibit Foreign Adversaries’ Access to US Data
According to reports originally from Bloomberg News, President Joe Biden is preparing to issue an executive order (EO) aimed at prohibiting US adversaries from accessing US personal data. While the draft is subject to change, the draft EO reportedly targets “highly sensitive” data, including genetic and location information, and would bar foreign adversaries from obtaining
How Artificial Intelligence is Changing the Game of Professional Sports
Our sister blog, Global IP & Technology Law previously reported that artificial intelligence (“AI”) is changing the landscape of all aspects of our modern economy. The world of professional sports is no exception. Emerging technologies are transforming the games we know and love. From player recruitment to athlete recovery, AI’s integration into sports is opening
EU Provisionally Reaches Political Agreement to Regulate AI
On December 8, 2023, after some intense rollercoaster rides, the European Union (EU) institutions reached a political agreement on the EU Artificial Intelligence Act (EU AI Act). The compromises reached after sleepless nights still need to find their way into a final text (and this one might only be available after the holiday season), but
Two Significant AI Announcements: Spooky for AI Developers?
On Devil’s Night Day, two significant AI developments were announced. First, the White House’s Executive Order on Safe, Secure, and Trustworthy Artificial Intelligence (“AI EO”). Second, the Group of 7 (“G-7”) announced its International Guiding Principles on Artificial Intelligence (“G-7 Principles”) and companion Code of Conduct for AI Developers (“G-7 Code”). All are three broad strokes
Unclear on AI Contracting in the EU – the European Commission Is Pleased to Help
With the trilogues on the draft EU AI Act entering what is probably their final phase and the idea that procuring AI cannot be done lightly spreading, organizations are often confronted with hard choices, including on how to source AI responsibly and protect against liabilities with an uncertain developing legal framework. Contractual language is one
Upcoming Changes in U.S. Export Controls on Advanced Semiconductors & Related Tooling and Recent Development on U.S. Relief Given to Asian Chips Manufacturers
The landscape of U.S. export controls on advanced semiconductors and related toolings is evolving, with anticipated changes potentially impacting the business operations of companies throughout the global supply chain for products driven by advanced semiconductors and the development of similarly supported technologies.