On April 3, OMB AI Memo 2025 accelerates federal AI adoption while protecting civil rights and public trust. It mandates oversight for high-impact AI, stronger governance, and transparency. Agencies must appoint Chief AI Officers, form governance boards, and publish AI strategies—marking a shift in tone, not in underlying principles.
AI governance is new, but financial services’ organizations have been practicing Model Risk Management for years. Learn more about AI governance lessons and risks to watch for.
The EU Commission’s decision to drop the AI Liability Directive creates uncertainty for businesses and individuals seeking redress for AI-caused harms.
Shadow AI can pose serious risks for organizations. In this post, learn how to detect and prevent shadow AI usage by employees.
This comprehensive guide covers how biases emerge in LLMs, their societal impacts, and actionable strategies to mitigate discrimination – ensuring fair, responsible AI use.
ChatGPT was introduced in November 2022 and has since amazed users with its capabilities. It can translate languages, it can read, digest and summarize large bodies of text, it can even write poems and software code. Many other similar models (known as large language...