by AIP Online Bureau | Oct 9, 2024 | International News, Regulation, Technology
The European Union’s Court of Justice upheld a lower court’s decision, rejecting the company’s appeal against the 2.4 billion Euro ($ 2.7 billion) penalty from the European Commission, the 27-nation bloc’s top antitrust enforcer Google lost its...
by AIP Online Bureau | Sep 16, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
Ireland’s Data Protection Commission (DPC), the lead EU regulator for most of the top U.S. internet firms due to the location of their EU operations in Ireland, said the probe concerned the Alphabet Inc unit’s Pathways Language Model 2 (PaLM 2) The top EU privacy...
by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
Abhishek Bapna, Director of Product Management at Google DeepMind, emphasized that Google’s agricultural initiatives are driven by two major goals: improving livelihoods and addressing climate change through necessary interventions. Banks and insurance companies...
by AIP Online Bureau | Aug 13, 2024 | Intermediaries, International News, Non-Life, Reinsurance, Technology
By combining Hiscox AI Laboratories with Google Cloud’s generative AI, Hiscox now has the ability to remove manual elements of the underwriting process. Risks that are in scope are assessed using Google Cloud’s Gemini large language model, and the process generates an...
by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
The acquisition of Wiz could help Google catch up to Microsoft Corp. and Amazon.com Inc. in an increasingly competitive cloud market. Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter. A...
