PRESS RELEASE. SatoshiDEX is a novel Bitcoin trading platform that introduces flexibility and innovative ideas to the blockchain system. It enables users to: Trade tokens on Bitcoin eliminating the need for wrapped assets and expensive Ethereum fees. Stake and earn $SATX So far, they have raised over $5,000,000 on presale, and presale is going to […]
Source link
The Indian government has announced a new requirement for technology companies to secure government approval before publicly releasing artificial intelligence (AI) tools that are still in development or considered “unreliable,” Reuters reported March 4.
The move is part of India’s efforts to manage the deployment of AI technologies, aiming to promote accuracy and reliability in the tools available to its citizens as it prepares for elections.
According to a directive issued by the Ministry of Information Technology, any AI-based applications, particularly those involving generative AI, must receive explicit authorization from the government before their introduction to the Indian market.
Additionally, these AI tools must be marked with warnings about their potential to generate incorrect answers to user queries, reinforcing the government’s stance on the need for clarity regarding the capabilities of AI.
The regulation aligns with global trends where nations seek to establish guidelines for the responsible use of AI. India’s approach to increasing oversight over AI and digital platforms coincides with its broader regulatory strategy to safeguard user interests in a rapidly advancing digital age.
The government’s advisory also points to concerns regarding the influence of AI tools on the integrity of the electoral process. With the upcoming general elections, where the ruling party is anticipated to maintain its majority, there is a heightened focus on ensuring that AI technologies do not compromise electoral fairness.
The move follows recent criticisms of Google’s Gemini AI tool, which generated responses perceived as unfavorable towards Indian Prime Minister Narendra Modi.
Google responded to the incident by acknowledging the imperfections of its AI tool, particularly about sensitive topics such as current events and politics. The company said the tool was still “unreliable.”
Deputy IT Minister Rajeev Chandrasekhar said the reliability issues do not exempt platforms from legal responsibilities and emphasized the importance of adhering to legal obligations concerning safety and trust.
By introducing these regulations, India is taking steps towards establishing a controlled environment for the introduction and use of AI technologies.
The requirement for government approval and the emphasis on transparency with potential inaccuracies are seen as measures to balance technological innovation with societal and ethical considerations, aiming to protect democratic processes and the public interest in the digital era.
Virgin Galactic Holdings Inc. said late Monday that an alignment pin became detached from a portion of the mothership-launching apparatus during a recent spaceflight, but that there was no “safety impact” to the spaceships, on-board crew or people on the ground.
Virgin Galactic
SPCE,
said that the problem was detected after a routine post-flight review following the Galactic 06 flight last month. The company reported the issue to the Federal Aviation Administration and is conducting its own review.
See also: Virgin Galactic ‘blasting off to positive cash flow in mid-2026,’ analyst says
All Virgin Galactic flights happen in “restricted airspace and at specific geographical launch locations that control the hazards to people or structures on the ground,” Virgin Galactic said. “The company also observed no damage to the spaceship or the mothership.”
Virgin Galactic said it notified the FAA on Wednesday. It was not immediately clear why the company waited until Monday to reveal the issue and the FAA notification.
The company plans to provide another update once the review ends and also will confirm the flight window for the Galactic 07 mission, which is planned for the second quarter of 2024.
The Galactic 06 flight was Virgin Galactic’s 11th mission and carried four paying customers into space. The flight marked the first time that all four seats aboard the spaceship were occupied by space tourists.
Shares of Virgin Galactic edged higher in the extended session Monday, after ending the regular trading day down 4.6%. In the past 12 months, Virgin Galactic’s stock is down more than 72%, contrasting with gains of around 20% for the S&P 500 index
SPX.
Virgin Galactic Holdings Inc. said late Monday that an alignment pin became detached from a portion of the mothership-launching apparatus during a recent spaceflight, but that there was no “safety impact” to the spaceships, on-board crew or people on the ground.
Virgin Galactic
SPCE,
said that the problem was detected after a routine post-flight review following the Galactic 06 flight last month. The company reported the issue to the Federal Aviation Administration and is conducting its own review.
See also: Virgin Galactic ‘blasting off to positive cash flow in mid-2026,’ analyst says
All Virgin Galactic flights happen in “restricted airspace and at specific geographical launch locations that control the hazards to people or structures on the ground,” Virgin Galactic said. “The company also observed no damage to the spaceship or the mothership.”
Virgin Galactic said it notified the FAA on Wednesday. It was not immediately clear why the company waited until Monday to reveal the issue and the FAA notification.
The company plans to provide another update once the review ends and also will confirm the flight window for the Galactic 07 mission, which is planned for the second quarter of 2024.
The Galactic 06 flight was Virgin Galactic’s 11th mission and carried four paying customers into space. The flight marked the first time that all four seats aboard the spaceship were occupied by space tourists.
Shares of Virgin Galactic edged higher in the extended session Monday, after ending the regular trading day down 4.6%. In the past 12 months, Virgin Galactic’s stock is down more than 72%, contrasting with gains of around 20% for the S&P 500 index
SPX.
In this photo illustration, the Threads logo by META is displayed on a smartphone with Twitter logo in the background. Threads is the new social network from Meta Platforms which was launched on the 5th of July 2023.
Omar Marques | Lightrocket | Getty Images
Meta’s Twitter clone called Threads, which launched last month and quickly shot up the app rankings, is starting to roll out on the web, giving users access from their PCs. The site, Threads.net, is not live for everyone yet and may still just show a link to download the mobile app.
A Meta spokesperson said the company will be “rolling out” the web version of Threads for the general public “over the next few days.”
Meta said that, in the coming weeks it will be improved to look more like the mobile app.
While Threads was quick to sign on users after it was introduced in July, the app saw a drop-off in growth and engagement the following week as its limitations became apparent. Meta CEO Mark Zuckerberg said in early August that the company was working on a web version of Threads as well as a search function, underscoring efforts to make the app more compelling.
Advertisers and influencers previously told CNBC that Threads needs more features like a search tool and a way to access the app from desktop computers to be a serious challenger to X, formerly known as Twitter. Influencers and power users on X often use the desktop version of the app to post comments and share content throughout the day.
Meanwhile, X has been attempting to win back advertisers with new brand safety tools, intended to make companies more comfortable with running ads on the service. Several nonprofit organizations and researchers have documented a rise in hate speech and racist content since Tesla CEO Elon Musk took control of X in October, claims the company disputes.
Although Zuckerberg recently told analysts on an earnings call that he’s “quite optimistic” about Threads, Meta is not planning to monetize the app until it’s more established.
WATCH: Threads is the perfect situation at the perfect time for Meta
