Saviynt Raises $700M for AI Identity Security

New York Governor Kathy Hochul has proposed a significant rewrite of the RAISE Act, suggesting to replace its entire text with language copied verbatim from California's SB 53, according to sources. This move comes after the RAISE Act was recently passed by the New York legislature, indicating a shift in the state's approach to regulating artificial intelligence.

New York has enacted a law requiring advertisements to disclose the use of AI performers, marking a significant step in regulating the integration of artificial intelligence in media and entertainment. This legislation aims to enhance transparency for consumers regarding the nature of the performers they are engaging with in various advertisements.

New York Governor has signed legislation requiring advertisements to disclose the use of AI-generated performers and mandating consent from heirs for the commercial use of a deceased person's likeness. This law aims to enhance transparency in the advertising and entertainment sectors, reflecting growing concerns about the ethical implications of AI in media.

A Los Angeles-based startup, Quilter, has achieved a significant milestone by using artificial intelligence to design a fully functional Linux computer consisting of 843 parts, completing the task in just one week. This process typically requires nearly three months of skilled engineering labor. The project, known as Project Speedrun, resulted in a computer that successfully booted on its first attempt with minimal human intervention.

SK Hynix Inc. is considering a share listing in New York, a strategic move aimed at aligning its valuation more closely with U.S. competitors like Micron Technology Inc. This decision comes amid a significant surge in SK Hynix's share prices, which have tripled this year due to the booming demand for artificial intelligence technologies.

Waymo has partnered with local artists, including Tommii Lim, to wrap its self-driving cars in vibrant art, aiming to create a more relatable and humanized image of its autonomous vehicles in Los Angeles. This initiative features whimsical designs that resonate with potential customers, promoting a sense of comfort and trust in the technology.

Rich Baich of AT&T, Munish Kumar of Wells Fargo, and Alan Rosa of CVS Health participated in a discussion on cybersecurity at the Defending the Digital Economy event in New York, emphasizing the importance of staying ahead of cyber threats. The conversation, moderated by Bloomberg's Lynn Doan, highlighted the strategies and frameworks being implemented by these companies to enhance their security measures.