McDonald's AI Price-Fixing Suit Fuels Legal Risk Over Franchises - Bloomberg Law
A lawsuit alleging McDonald's Corp. improperly used an algorithmic pricing tool is expected to prompt a wave of similar AI price-fixing cases ...
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A lawsuit alleging McDonald's Corp. improperly used an algorithmic pricing tool is expected to prompt a wave of similar AI price-fixing cases ...
While stocks rallied as the Democratic sweep of Congress promises to exert a significant restraint on President Donald Trump, one key corner of ...
Wall Street Flags NewAIRisks From Hallucinations, Criminal Use. Georgia Hall. Goldman Sachs Group Inc. , Citigroup Inc. , JPMorgan …
Thedangersnewly flagged in the bank's annual reports include flawed or unreliable AI models, increased competition and new regulations restricting …
Regulation & PolicyHallucinations & FabricationBanking & Finance
Akin partner Brian Daly explores thedangerbad data poses for AI tools and measures investment advisers should consider in response …
...AI regulation posesrisksto their businesses. The European Union'sArtificial Intelligence Act—which creates obligations for providers …
Integrating the tool into the business's processes will entail a comprehensiveriskassessment and an AI compliance program. Theriskassessment …
Indemnification that specifically addresses unique AI risks, including intellectual property claims, breach and security incidents, and output errors …
Bloomberg Law News The proposal at Costco asked the big-box retail chain to detail therisksof maintaining its diversity initiatives, while the bid at Boeing last year …
Three Morgan & Morgan PA attorneys were sanctioned by a federal court in Wyoming for filing a motion that contained eightAI-generated cites for …
Hallucinations & FabricationLegal & CourtsRegulation & PolicyGovernment & Public Sector
The higher the perceivedrisk, the stricter the regulatory requirements for those involved in the development, operation, and deployment of the AI …
Zesty.ai Inc.'s Z-Property platform uses an Aon Plc subsidiary's patentedAI-powered technology for analyzing aerial images of buildings to assess …
...risksand opportunities AI presents. While no comprehensive AI law has yet been enacted in the US, there are a number of directives, pending …
The Federal Reserve's top bank cop says the attributes that makeartificial intelligenceattractive also presentrisk, with speed and automaticity …
Regulation & PolicyBanking & FinanceGovernment & Public SectorAI Agents & Automation
As governments grapple with what to do about DeepSeek, China's hot new AI model — including outright bans — the UK is issuing a warning to its …
Regulation & PolicyChina & GeopoliticsGovernment & Public Sector
Elon Musk has painted himself as a humanitarian figure building a utopian future through a passel of companies. Don't fall for it …
Bloomberg Law News Wiley attorneys examine the potential impact of generativeartificial intelligencetools on privileged communication, saying companies should …
The US Department of Health and Human Services laid out both advantages andrisksposed byartificial intelligenceas it issued a framework for …
Bloomberg Law News...risksof potentially using personal data to develop and train generative AI, as well as strategies to reduce thoserisks. The group filed …
Privacy & SurveillanceRegulation & PolicyMarkets & InvestmentChatbots & LLMs
Holtzman Vogel's Oliver Roberts critiques a Texas AI proposal'srisk-based framework, saying the bill could pave the way for heavy-handed AI …
While Trump's emphasis on deregulation and economic growth could accelerate AI innovation, it may also exacerbaterisksassociated with inadequate …
The incoming Trump administration will likely need to prioritize AI as a tool to enhance US military capabilities and counterthreatsfrom adversaries …
“We will continue to push for corporate changes when the value of our investments is atrisk,” said New York State Comptroller Thomas DiNapoli, whose …
Regulators increasingly expect executives to proactively address bespokerisksassociated with development and deployment of generative AI …
Regulation & PolicyCybersecurityPrivacy & SurveillanceGovernance & Risk Management
...AI development. The incoming administration must promote an AI regulatory landscape that promotes growth but acknowledges potentialrisks …
The EU's landmarkAIAct, approved earlier this year, requires safeguards for high-riskuses of AI, but isn't focused on liability. The EU is …
Microsoft Corp. shareholders on Tuesday rejected three proposals pressing the tech giant to mitigate and disclose AI risksfrom misinformation to …
Privacy & SurveillanceRegulation & PolicyMarkets & InvestmentMisinformation
Bloomberg Law News While AI is expected to deliver many of these benefits, there are some potentialrisks—which is why many policymakers believe regulation is necessary …
By marrying quantitative analysis with the considered judgment of a seasoned legal leader,AI enables deeper, data-driven insights into complexrisks …
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