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TEXAS, US:  An agreement on how artificial intelligence should be regulated in the future has been reached by Germany, France and Italy, according to a joint paper seen by Reuters, which is expected to accelerate negotiations at the European level. The three governments are in favour of binding voluntary commitments for both large and small AI providers in the European Union. The European Commission, the European Parliament and the EU Council are currently negotiating how the bloc should position itself in this new field. The Parliament presented an "AI Act" in June, with the aim of averting safety risks from AI applications and avoiding discriminatory effects, but without slowing down the innovative power of this new Technology in Europe. During the discussions, the European Parliament proposed that the code of conduct should initially only be binding for major AI providers, which are primarily from the US However, the three EU governments have ...

The United States and European Union on Friday announced an agreement to speed up and enhance the use of artificial intelligence to improve agriculture, Health care, emergency response, climate forecasting and the electric grid. A senior US administration official, discussing the initiative shortly before the official announcement, called it the first sweeping AI agreement between the United States and Europe. Previously, agreement s on the issue had been limited to specific areas such as enhancing privacy, the official said. AI modeling, which refers to machine-learning algorithms that use data to make logical decisions, could be used to improve the speed and efficiency of government operations and services. "The magic here is in building joint models (while) leaving data where it is," the senior administration official said. "The US data stays in the US and European data stays there, but we can build a model that talks to the European and the US...