Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Cloud-Computing Companies May Have to Disclose Customers

Jan 27, 2024 - pymnts.com
The Biden administration is planning to introduce new regulations for cloud computing companies to enhance security and protect sensitive data. The proposed "know your customer" rules aim to identify who is using U.S. cloud technology to train AI models, according to U.S. Commerce Secretary Gina Raimondo. The regulation will require cloud companies to identify their largest customers and the AI models they are training, providing the government with better visibility into who has access to American cloud infrastructure and how it is being used.

The move comes amid growing concerns about the security implications of the AI sector. The three largest cloud-computing providers, Amazon, Microsoft, and Alphabet’s Google, have been increasing their investment in generative AI, which requires significant computing and data power. Concurrently, the Biden administration is establishing standards and guidance for the secure deployment of generative AI, with the Commerce Department’s National Institute of Standards and Technology (NIST) developing comprehensive guidelines for evaluating AI and establishing testing requirements for AI systems.

Key takeaways:

  • The Biden administration is planning to propose new regulations for cloud computing companies to enhance security and protect sensitive data, particularly in the AI sector.
  • The proposed 'know your customer' regulations aim to identify who is accessing U.S. cloud technology to train AI models, providing the government with better visibility into who has access to American cloud infrastructure.
  • Cloud companies will be required to identify their largest customers and the AI models they are training, helping the government assess potential security risks.
  • The Commerce Department’s National Institute of Standards and Technology (NIST) is creating comprehensive guidelines for evaluating AI, focusing on generative AI risk management and mitigating the risks associated with AI-generated misinformation.
View Full Article

Comments (0)

Be the first to comment!