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Home»Business»Adobe, others join voluntary US scheme to manage AI risk
Business

Adobe, others join voluntary US scheme to manage AI risk

September 13, 2023No Comments2 Mins Read
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Illustration shows Artificial Intelligence words

Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights

WASHINGTON, Sept 12 (Reuters) – Adobe (ADBE.O), IBM (IBM.N), Nvidia (NVDA.O) and five other firms have signed U.S. President Joe Biden’s voluntary commitments governing artificial intelligence (AI), which require steps such as watermarking AI-generated content, the White House said on Tuesday.

The original commitments, which were announced in July, were aimed at ensuring that AI’s power was not used for destructive purposes. Google, OpenAI and OpenAI partner Microsoft (MSFT.O) signed onto the commitments in July.

“The president has been clear: harness the benefits of AI, manage the risks, and move fast – very fast,” White House chief of staff Jeff Zients said in a statement. “And we are doing just that by partnering with the private sector and pulling every lever we have to get this done.”

The other five companies signing on to the commitments are Palantir (PLTR.N), Stability, Salesforce (CRM.N), Scale AI and Cohere.

Several companies were expected to attend a White House meeting on the topic on Tuesday with Commerce Secretary Gina Raimondo and Zients.

The private commitments backed by the Biden administration are seen as a stopgap given that Congress has held discussions on potential AI legislation but little has been introduced and nothing significant has become law. The White House has also been working on an executive order on AI.

(This story has been officially corrected to change the company name to ‘Scale AI’, not ‘Scale’)

Reporting by Diane Bartz and Trevor Hunnicutt
Editing by Sam Holmes and Mark Potter

See also  Coca-Cola lifts forecasts as earnings sparkle on higher prices, steady demand

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Focused on U.S. antitrust as well as corporate regulation and legislation, with experience involving covering war in Bosnia, elections in Mexico and Nicaragua, as well as stories from Brazil, Chile, Cuba, El Salvador, Nigeria and Peru.

Adobe join Manage risk Scheme Voluntary
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