Sens. Chris Coons, D-Del., and Marsha Blackburn, R-Tenn., originally introduced the No Fakes Act in 2023, which would make it illegal to distribute a computer-generated likeness of a person without their consent. SAG-AFTRA, which represents 160,000 performers, and the Recording Industry Association of America have each made the bill a top priority, as they fear that artificial intelligence will lead to a deluge of impersonation.
Source: YouTube Endorses No Fakes Act, as Lawmakers Renew Push to Outlaw Unauthorized AI Clones
The European Commission is finalizing a plan to make its artificial intelligence rules more palatable to companies, as they scramble to adapt to American tariffs that have sent shockwaves through the global economy. The EU executive will launch a new “AI Continent” plan on Wednesday. According to an undated draft of the plan, the executive wants to “streamline” rules and get rid of “obstacles” that it feels are slowing companies in Europe down in competing with the U.S. and China.
Financial highlights from the report include a 29% YoY jump in revenues, to 1.921 billion Swedish kronor, or USD $181.62 million at the average exchange rate for 2024. Epidemic’s adjusted EBITDA, meanwhile, soared 150% YoY to SEK 147 million ($13.9 million), while unadjusted EBITDA increased 24-fold to SEK 107 million ($10.13 million).
European Union regulators are preparing major penalties against Elon Musk’s social media platform, X, for breaking a landmark law to combat illicit content and disinformation, said four people with knowledge of the plans, a move that is likely to ratchet up tensions with the United States by targeting one of President Trump’s closest advisers.