New Delhi, Aug 24 (Ians) Microsoft President Brad Smith has detailed a five-point blueprint for India to unlock the country’s potential around artificial intelligence (AI), covering policies, laws and regulations.
The five ways for India to build on the AI momentum are to implement new government-led AI safety frameworks, require effective safety brakes for AI systems that control critical infrastructure, develop a broader legal and regulatory framework, promote transparency and ensure academic and public access to AI and pursue new public-private partnerships.
“As the current holder of the G20 Presidency and Chair of the Global Partnership on AI, India is well positioned to help advance a global discussion on AI issues. Many countries will look to India’s leadership and example on AI regulation,” Smith said in a blog post late on Wednesday.
India’s strategic position in the Quad and efforts to advance the Indo-Pacific Economic Framework present further...
The five ways for India to build on the AI momentum are to implement new government-led AI safety frameworks, require effective safety brakes for AI systems that control critical infrastructure, develop a broader legal and regulatory framework, promote transparency and ensure academic and public access to AI and pursue new public-private partnerships.
“As the current holder of the G20 Presidency and Chair of the Global Partnership on AI, India is well positioned to help advance a global discussion on AI issues. Many countries will look to India’s leadership and example on AI regulation,” Smith said in a blog post late on Wednesday.
India’s strategic position in the Quad and efforts to advance the Indo-Pacific Economic Framework present further...
- 8/24/2023
- by Agency News Desk
- GlamSham
Microsoft has proposed divesting from Activision Blizzard’s cloud streaming rights in a bid to secure approval of the $69 billion deal from U.K. competition regulators. Under the agreement, Microsoft will not be able to exclusively release popular Activision titles like Call of Duty, Diablo or Overwatch on Xbox cloud gaming or control the terms of licensing to rival services. Instead, Ubisoft will acquire the rights to the company’s existing and future games for the next 15 years.
The proposal is intended to convince the Competition and Markets Authority to permit the merger. The agency blocked the transaction on the basis that it would hurt competition in the nascent cloud gaming market.
After months of wrangling, the CMA on Tuesday finalized its order to block the original merger. Microsoft had taken the unconventional step of looking to revisit the decision, highlighting concessions secured by the European Union to license popular...
The proposal is intended to convince the Competition and Markets Authority to permit the merger. The agency blocked the transaction on the basis that it would hurt competition in the nascent cloud gaming market.
After months of wrangling, the CMA on Tuesday finalized its order to block the original merger. Microsoft had taken the unconventional step of looking to revisit the decision, highlighting concessions secured by the European Union to license popular...
- 8/22/2023
- by Winston Cho
- The Hollywood Reporter - Movie News
San Francisco, Aug 22 (Ians) Microsoft on Tuesday submitted a restructured proposal to UK’s anti-trust watchdog for approval of its $68.7 billion acquisition of gaming giant Activision Blizzard.
As part of the restructuring, Microsoft will transfer cloud gaming rights for current and new Activision Blizzard games to French video game publisher Ubisoft.
“To address the concerns about the impact of the proposed acquisition on cloud game streaming raised by the UK Competition and Markets Authority (CMA), we are restructuring the transaction to acquire a narrower set of rights,” said Microsoft President Brad Smith.
This includes executing an agreement effective at the closing of its merger that transfers the cloud streaming rights for all current and new Activision Blizzard PC and console games released over the next 15 years to Ubisoft Entertainment.
As a result of the agreement with Ubisoft, Microsoft believes its proposed acquisition of Activision Blizzard presents a substantially different transaction...
As part of the restructuring, Microsoft will transfer cloud gaming rights for current and new Activision Blizzard games to French video game publisher Ubisoft.
“To address the concerns about the impact of the proposed acquisition on cloud game streaming raised by the UK Competition and Markets Authority (CMA), we are restructuring the transaction to acquire a narrower set of rights,” said Microsoft President Brad Smith.
This includes executing an agreement effective at the closing of its merger that transfers the cloud streaming rights for all current and new Activision Blizzard PC and console games released over the next 15 years to Ubisoft Entertainment.
As a result of the agreement with Ubisoft, Microsoft believes its proposed acquisition of Activision Blizzard presents a substantially different transaction...
- 8/22/2023
- by Agency News Desk
- GlamSham
President Joe Biden unveiled a set of “responsible innovation” voluntary commitments made by seven companies involved in artificial intelligence amid worries over the impact of the technology.
“Americans are seeing how advanced artificial intelligence and the pace of innovation have the power to disrupt jobs and industries,” Biden said.
AI is a central issue in the current SAG-AFTRA and WGA strikes, and although Biden did not mention it in his remarks at the White House on Friday, the potential massive loss of employment has been an issue as administration officials have met with AI executives.
Biden also said that new laws, regulation and oversight will be required to manage the risk of AI and that he planned more executive actions “to help America lead the way toward responsible innovation.”
The set of commitments include one for internal and security testing of their AI systems before their release, and another to...
“Americans are seeing how advanced artificial intelligence and the pace of innovation have the power to disrupt jobs and industries,” Biden said.
AI is a central issue in the current SAG-AFTRA and WGA strikes, and although Biden did not mention it in his remarks at the White House on Friday, the potential massive loss of employment has been an issue as administration officials have met with AI executives.
Biden also said that new laws, regulation and oversight will be required to manage the risk of AI and that he planned more executive actions “to help America lead the way toward responsible innovation.”
The set of commitments include one for internal and security testing of their AI systems before their release, and another to...
- 7/21/2023
- by Ted Johnson
- Deadline Film + TV
Microsoft’s proposed 69B acquisition of Activision could bring harm to the UK’s 45M-strong gaming community, the nation’s competition body has ruled.
In a provisional finding delivered in the past hour, the UK’s Competition and Markets Authority (CMA) said that Microsoft “buying one of the world’s most important game publishers would reinforce [its] strong position and substantially reduce the competition that Microsoft would otherwise face in the cloud gaming market in the UK.” Both companies can respond to the ruling, which will conclude in April.
Microsoft already accounts for an estimated 60 to 70 of global cloud gaming services, said the ruling, and corners the market in other ways via its ownership of Xbox, Windows and Azure.
A small number of Activision’s flagship games such as Call of Duty play an important role in driving competition between consoles, added the CMA, which said Xbox and Playstation’s competition...
In a provisional finding delivered in the past hour, the UK’s Competition and Markets Authority (CMA) said that Microsoft “buying one of the world’s most important game publishers would reinforce [its] strong position and substantially reduce the competition that Microsoft would otherwise face in the cloud gaming market in the UK.” Both companies can respond to the ruling, which will conclude in April.
Microsoft already accounts for an estimated 60 to 70 of global cloud gaming services, said the ruling, and corners the market in other ways via its ownership of Xbox, Windows and Azure.
A small number of Activision’s flagship games such as Call of Duty play an important role in driving competition between consoles, added the CMA, which said Xbox and Playstation’s competition...
- 2/8/2023
- by Max Goldbart
- Deadline Film + TV
San Francisco, Feb 4 (Ians) Microsoft has formally received an antitrust warning from the European Union over its 68.7 billion bid to acquire gaming giant Activision Blizzard, the media reported.
According to a report in Politico citing sources, the objections were sent to the tech giant this week.
The report mentioned that in a “statement of objections,a EU officials “laid out the reasons why the deal could threaten fair competition on the video game market”.
A Microsoft spokesperson said that they are committed to solutions and finding a path forward for this deal.
“We are listening carefully to the European Commission’s concerns and are confident we can address them,” said the company spokesperson.
Earlier this month, Microsoft removed an aggressive argument against the US Federal Trade Commission (FTC) it made in December last year, as the agency sued the tech giant for acquiring leading video game developer Activision Blizzard.
According to Axios,...
According to a report in Politico citing sources, the objections were sent to the tech giant this week.
The report mentioned that in a “statement of objections,a EU officials “laid out the reasons why the deal could threaten fair competition on the video game market”.
A Microsoft spokesperson said that they are committed to solutions and finding a path forward for this deal.
“We are listening carefully to the European Commission’s concerns and are confident we can address them,” said the company spokesperson.
Earlier this month, Microsoft removed an aggressive argument against the US Federal Trade Commission (FTC) it made in December last year, as the agency sued the tech giant for acquiring leading video game developer Activision Blizzard.
According to Axios,...
- 2/4/2023
- by News Bureau
- GlamSham
San Francisco, Jan 27 (Ians) Tech giant Microsoft has announced that it has partnered with global solar leader Qcells to curb carbon emissions and power the clean energy economy.
The “strategic alliance” aims to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 gigawatts of solar panels and related services, which is equivalent to powering over 400,000 homes, Microsoft said in a blogpost on Wednesday.
Qcells, owned by Hanwha Solutions headquartered in Seoul, will work with the tech giant to create solar projects and will also provide panels and engineering, procurement and construction (Epc) services to selected solar projects Microsoft has contracted for through power purchase agreements (PPAs).
“Building a resilient solar energy supply chain is essential to advancing a global green energy economy. Microsoft’s partnership with Qcells will help make this vision a reality by bringing innovation and investment to rural Georgia,” said Brad Smith,...
The “strategic alliance” aims to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 gigawatts of solar panels and related services, which is equivalent to powering over 400,000 homes, Microsoft said in a blogpost on Wednesday.
Qcells, owned by Hanwha Solutions headquartered in Seoul, will work with the tech giant to create solar projects and will also provide panels and engineering, procurement and construction (Epc) services to selected solar projects Microsoft has contracted for through power purchase agreements (PPAs).
“Building a resilient solar energy supply chain is essential to advancing a global green energy economy. Microsoft’s partnership with Qcells will help make this vision a reality by bringing innovation and investment to rural Georgia,” said Brad Smith,...
- 1/27/2023
- by News Bureau
- GlamSham
New Delhi, Sep 1 (Ians) Microsoft President and Vice Chair Brad Smith on Thursday visited Seeds, a disaster response and preparedness non-profit organisation, which is deploying artificial intelligence (AI) to predict the impact of multiple hazards like cyclones, earthquakes or heat waves in any given area.
In India, that harsher impact is being felt in the nation’s slums, which researchers say can be as much as 6 degree celcius warmer than other parts of the city
“In the slums, it is so difficult to step out and find shade on a hot summer day. It is so congested. The houses are often made of tin sheets, which heat up much faster compared to other materials,” said Anshu Sharma, co-founder of Seeds.
Since 2017, Seeds has been working with communities most vulnerable to heat waves, to help people come up with solutions to beat the heat.
Now, with the support of Microsoft’s AI for Humanitarian Action grant,...
In India, that harsher impact is being felt in the nation’s slums, which researchers say can be as much as 6 degree celcius warmer than other parts of the city
“In the slums, it is so difficult to step out and find shade on a hot summer day. It is so congested. The houses are often made of tin sheets, which heat up much faster compared to other materials,” said Anshu Sharma, co-founder of Seeds.
Since 2017, Seeds has been working with communities most vulnerable to heat waves, to help people come up with solutions to beat the heat.
Now, with the support of Microsoft’s AI for Humanitarian Action grant,...
- 9/1/2022
- by Glamsham Bureau
- GlamSham
New Delhi, Sep 1 (Ians) Microsoft President and Vice Chair Brad Smith on Thursday said that technology can help solve some of India’s biggest challenges, like climate change and food security.
Smith, who is in India this week, said the country can take a giant leap via world-class innovations that can help solve global issues.
“I’m in India as the country celebrates 75 years of Independence. It’s an exciting time to learn more about how technology can help solve some of India’s biggest challenges — and how India’s innovation is shaping the future,” tweeted Smith.
A Twitter user from India responded: “Welcome to India, Brad. Food security and climate change are the biggest threat to humanity and I strongly believe India will emerge as a global leader, showcasing how to make the world a better place for everyone”.
The Microsoft president earlier met Minister of State for It and Electronics,...
Smith, who is in India this week, said the country can take a giant leap via world-class innovations that can help solve global issues.
“I’m in India as the country celebrates 75 years of Independence. It’s an exciting time to learn more about how technology can help solve some of India’s biggest challenges — and how India’s innovation is shaping the future,” tweeted Smith.
A Twitter user from India responded: “Welcome to India, Brad. Food security and climate change are the biggest threat to humanity and I strongly believe India will emerge as a global leader, showcasing how to make the world a better place for everyone”.
The Microsoft president earlier met Minister of State for It and Electronics,...
- 9/1/2022
- by Glamsham Bureau
- GlamSham
Click here to read the full article.
After reaching a labor neutrality agreement with Microsoft earlier in June, the Communications Workers of America has sent a letter to the Federal Trade Commission supporting the tech giant’s 68.7 billion acquisition of Call of Duty maker Activision Blizzard.
The president of the labor union, which in late May successfully established Activision Blizzard’s first certified union at subsidiary Raven Software, sent a letter to FTC leaders including chair Lina Khan on Thursday where he stated, “We now support approval of the transaction before you because Microsoft has entered an agreement with Cwa to ensure the workers of Activision Blizzard have a clear path to collective bargaining.” Cwa president Chris Shelton added, “Microsoft’s binding commitments will give employees a seat at the table and ensure that the acquisition of Activision Blizzard benefits the company’s workers and the broader video game labor market.
After reaching a labor neutrality agreement with Microsoft earlier in June, the Communications Workers of America has sent a letter to the Federal Trade Commission supporting the tech giant’s 68.7 billion acquisition of Call of Duty maker Activision Blizzard.
The president of the labor union, which in late May successfully established Activision Blizzard’s first certified union at subsidiary Raven Software, sent a letter to FTC leaders including chair Lina Khan on Thursday where he stated, “We now support approval of the transaction before you because Microsoft has entered an agreement with Cwa to ensure the workers of Activision Blizzard have a clear path to collective bargaining.” Cwa president Chris Shelton added, “Microsoft’s binding commitments will give employees a seat at the table and ensure that the acquisition of Activision Blizzard benefits the company’s workers and the broader video game labor market.
- 6/30/2022
- by Katie Kilkenny
- The Hollywood Reporter - Movie News
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