State Attorneys General on Applying Existing State Laws to AI
Orrick, Herrington & Sutcliffe LLPAccording to Attorney General Bonta's guidance,AI developers and users should be aware of anyrisksto fair competition created by AI systems …
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The Texas ResponsibleAIGovernance Act: 5 Things to Know
Orrick, Herrington & Sutcliffe LLPThe bill would ban AI systems that pose “unacceptablerisk.” Much like the EUAIAct, TRAIGA would restrict certain uses of AI. It would prohibit …
Protecting Trade Secrets: Tips forAICompanies - Orrick
A company does not need to register a trade secret to invoke it in litigation, unlike other IP protections. Trade secrets can protect algorithms, …
US Data Localization Law Coming Soon: DOJ Issues Final Rule on Certain Data Transfers ... - Orrick
The DOJ has finalized prohibitions and restrictions on cross-border transfers of certain data to China and other “Countries of Concern.” …
Legal Considerations forAIAdoption - Orrick
Shannon also helps clients undertake comprehensive privacy, cybersecurity and AI riskassessments, evaluates privacy, security and AI risksin …
SEC Comment Letter Trend:AI-Related Disclosures
Orrick, Herrington & Sutcliffe LLPInclude an appropriateriskfactor addressing the materialrisksto your business, operations, and financial condition in connection with the use and …
SEC Comment Letter Trend:AI-Related Disclosures
Orrick, Herrington & Sutcliffe LLP1. Consider Materiality · 2. Have a Reasonable Basis; Avoid Misleading Claims andAIWashing · 3. Ensure Specificity and Balance in Business and Risk …
DOJ Seeks to Restrict Data Transfers to 'Countries of Concern'
Orrick, Herrington & Sutcliffe LLPThe proposed rule would also address theriskthat countries may use bulk sets of sensitive personal data to create or refine AI to improve their …
IAPP Europe Data Protection Congress 2024 – Key Takeaways
Orrick, Herrington & Sutcliffe LLP...AI practices and litigationrisksposed by new technologies and privacy statutes. Key Takeaways. 1. Companies are preparing for the EUAIAct. Many …
The Artificial Intelligence Act of the European Union (AIAct) - Orrick
For example, the list of high-risk AI systems in Annex III can be amended by legal act (Art. 7AIAct). The lack of precision in the regulation may …
The EUAIAct: 10 Things Startups Should Know - Orrick
The compliance obligations vary depending on a company's role and the level ofriskassociated with a given AI system or GPAIM. 2. What action should …
FTC Targets Unfair or DeceptiveAIPractices With Five New Enforcement Actions - Orrick
Since early 2023, the FTC has been outspoken about thedangersof AI marketing hype. The agency has been scrutinizing businesses that use AI, or the …
California Gov. Newsom Vetoes Controversial FrontierAIBill as Non-Responsive to “Actual Risks”
California Gov. Gavin Newsom has vetoed SB 1047 – the controversial AI regulation bill that both chambers of the California legislature passed by …
DOJ Updates Corporate Compliance Guidance, Takes Aim at AI, Emerging Technologies ...
The most significant 2024 updates to the ECCP concern identifying and managingrisksaround new and emerging technologies, chiefly AI …
Texas Attorney General Reaches Novel GenerativeAISettlement: What Health Tech ...
Orrick...AI hallucination rates in violation of the Texas Consumer Protection Act. Like many other state consumer protection laws, the Texas statute makes …
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The Future ofAIRegulation and Legislation: 5 Key Takeaways - Orrick
We were honored to host a conversation about the future of AI policy and would like to share five takeaways with our clients and friends …
The EUAIAct: What Life Sciences and Digital Health Companies Should Know - Orrick
Higher Risk Uses Trigger Heightened Regulation. Medical devices incorporating AI systems may createrisksnot addressed by traditional regulatory …
The EUAIAct: Application to Open-Source Projects - Orrick
Open-source AI systems and models are often made available on public websites and repositories, which presents a heightenedriskfor downloading …
The EUAIAct: 6 Steps to Take in 2024 - Orrick
Organizations that are most successful in addressing AI obligations andriskstypically designate a diverse, cross-discipline group responsible for …
DOJ Takes Aim atAI-Powered Rent Prices - Orrick
The lawsuit highlights theriskfor landlords of using commercial tools to recommend rental prices for multiunit dwellings based on nonpublic pricing …
American Lawyer's California Legal Awards Recognize Shannon Yavorsky and Clem ... - Orrick
Shannon also helps clients undertake comprehensive privacy, cybersecurity and AI riskassessments, evaluates privacy, security and AI risksin …
AIWashing Enforcement Continues, Highlighting Risksto Companies and Investors - Orrick
Last month, the SEC expanded its “war” on AI fraud to include private market participants, filing securities fraud charges against Ilit Raz …
Colorado Artificial Intelligence Act: 5 Things You Should Know
Developers and deployers must provide a public statement to consumers summarizing the types of high-risk artificial intelligencesystems they develop …
AIDisclosures in SEC Filings: Trends From the S&P 500 - Orrick
The growth of AI has sparked a rise in the number of public companies disclosing AI capabilities, opportunities,risksand governance in SEC …
The EUAIAct: Key Takeaways for Life Sciences and Digital Health Companies - Orrick
As medical devices incorporating AI systems may implicaterisksnot addressed by traditional regulatory requirements, theAIAct aims to fill some …
Creating 'the Largest, AdvancedAI-Driven Cybersecurity Platform for Managing Human Risk' - Orrick
As advanced persistentthreatscontinue to evolve, Egress recognizes that people are the biggestriskto organizations' security and are most …
2024 IAPP Global Privacy Summit: Lessons from Enforcers, theAILandscape and the ... - Orrick
...AI practices and considering the litigationrisksposed by new technologies and privacy statutes. ...riskmanagement frameworks to develop internal AI …
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AIWashing: SEC Enforcement Actions Underscore the Need for Companies to Stick to the ... - Orrick
Issuers or advisers must ensure they have a reasonable basis for the claims they make about their AI use, the specificrisksthey face and, …