New York Law Journal | Analysis
By Benjamin Daniels, Jennifer Driscoll and Sabrina Galli | May 10, 2024
The SEC has now announced that it has settled its first enforcement actions involving AI. Two investment advisors recently agreed to pay civil fines to the SEC for misstatements about AI technology. This signals a new era of SEC enforcement.
By Maria Dinzeo | May 8, 2024
"This is brand-new technology. Our people don't know how to use it. You're going to have to learn and develop that muscle," said Tim Fraser, general counsel of Toshiba Americas.
By Chris O'Malley | May 7, 2024
The agency alleges the company duped consumers into believing they were making payments through their biller's websites, when in fact they were using Doxo's portal and paying it fees. Doxo denies wrongdoing.
By Trudy Knockless | May 7, 2024
"Over time, as we're uncovering more data about people's qualifications and how well they've done on other matters with our folks, we'll see more and more focus toward the individual," said Jessica Williams, director of legal operations at FanDuel.
By Maria Dinzeo | May 6, 2024
Most of the 13 companies disclosing "material" breaches reported the incidents quickly but with few details. "Some [filings] are quite skinny in terms of facts, and you can see the SEC disagreeing with their compliance because they are relatively thin," Debevoise & Plimpton partner Ben Pedersen said.
By Cassandre Coyer | May 3, 2024
Data privacy experts are closely watching for the outcome of the Garante's investigation into OpenAI's video generator Sora, which could test the legitimate interest exemptions generative AI companies may rely on for data processing.
By Isha Marathe | May 2, 2024
ILTA Evolve 2024 saw many focusing on the the cybersecurity issues facing generative artificial intelligence, cyber insurance challenges, and more
By Stephanie Wilkins | May 2, 2024
Orrick will once again offer AltaClaro's prompt engineering and generative AI training at the beginning of its summer associate program, culminating in a summer "AI Day" full of generative AI-related activities designed to educate the next generation of lawyers.
By Isha Marathe | April 30, 2024
The first ever ILTA EVOLVE conference, attended by 333 professionals, sought to tackle generative AI and cybersecurity.
By Cassandre Coyer | April 29, 2024
The Washington state ruling highlights the problems AI-enhanced video may face in court, especially on the heels of recent Federal Rules of Civil Procedure amendments emphasizing evidence reliability.
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