Policy & Regulation · Thu 5 Nov

Policy and regulation encompass government laws, agency rules and legal frameworks that govern artificial intelligence development and deployment. Truncated covers legislative bills, regulatory enforcement actions, compliance standards and international governance agreements.

Thursday 5 November

(2nd LD) Seoul shares plunge over 5 pct on AI regulation concerns after U.S. midterms

AI-generated summary South Korean stocks are available for trading on the KOSPI index after dropping more than 5 percent following the U.S. midterm elections. Kim Seok-hwan, an analyst at Mirae Asset Securities, says the election outcome sparked foreign selling and raised concerns over tighter regulations on artificial intelligence data centers.

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China blocks SoftBank’s $5.4 billion ABB robotics deal, FT says, in blow to Son’s AI push

AI-generated summary According to the Financial Times, Chinese regulators have reportedly told SoftBank Group they will not allow its $5.4 billion acquisition of ABB robotics division. This regulatory decision creates uncertainty for SoftBank Group and leaves the robotics unit on the books of ABB.

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