Top AI Firms Agree to Voluntary Safeguards Following Biden’s Initiative

  • Seven AI giants including Amazon, Google, and Microsoft pledge to implement new safety, security, and trust standards in AI development.
  • The voluntary step comes amid pressure to put robust regulatory frameworks in place and addresses concerns around security threats, biases, privacy, and AI miscommunication.
  • The proposed safeguards are in anticipation and to shape future legal regulations, and do not hinder the development plans of these AI companies.
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