EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’
by PYMNTS.com
PYMNTS.com— In a meeting that underscores the European Union’s ongoing scrutiny of the tech industry, Margrethe Vestager, the EU’s antitrust chief, held discussions with representatives from the French artificial intelligence (AI) firm Mistral AI on Friday (April 26). The meeting took place against a backdrop of growing concerns regarding competition in the tech sector, with Vestager expressing concern about […]
ETtech.com—EU's Vestager meets French tech firm Mistral AI amid competition concerns. European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met on Friday fast-growing French start-up company Mistral AI and said the sector needs more competition. In February, Microsoft invested $16 million in Mistral AI and partnered with them to make its artificial intelligence models available through its Azure platform. It has also invested in ChatGPT owner OpenAI. Other high-profile AI partnerships include Amazon and Google's...
ZDNet—Bank CIO: We don't need AI whizzes, we need critical thinkers to challenge AI. A few days ago, an industry pundit delivered a scathing post against a leading IT consulting firm, stating that instead of retaining the services of this company for millions of dollars, simply use ChatGPT for free. Here's their reasoning: The consultants will simply get their answers or advice from ChatGPT anyway, so simply avoid the third party and go right to ChatGPT.Also: Master AI with no tech skills? Why complex systems demand diverse learningThere's a valuable lesson to anyone hiring or...
Euractiv—EU needs 'Marshall Plan' for Moldova and Ukraine, Sandu says. The EU should develop an 'equivalent' version of the World War Two-era US Marshall Plan to fund development projects in Moldova and war-torn Ukraine, Moldovan President Maia Sandu said on Monday (29 April).