StellarOne Ltd.

Last November, at the world’s first #AISafetySummit in Bletchley Park, #U.K. #PrimeMinister Rishi Sunak announced commitments from #AIlabs to share models with #governments pre-release and secured pledges from 29 countries to mitigate #AIrisks. Sunak aimed to make the U.K. a leader in AI governance by establishing the AI Safety Institute, which received significantly more funding than similar institutes elsewhere. Eight months later, after losing to the The Labour Party, Sunak was succeeded by Keir Starmer, whose approach to #AI is expected to be tougher. Starmer appointed Peter Kyle as #science and #technology #minister. Labour plans to: ▶ Implement binding regulations on powerful AI models. ▶ Ban explicit deepfakes. ▶ Introduce a statutory code for AI information-sharing. ▶ Create the Regulatory Innovation Office to accelerate regulatory decisions. ▶ Use AI to improve healthcare and public services. ▶ Support the development of new AI startups. ▶ Ensure new workplace surveillance technologies undergo worker consultation. ▶ Protect jobs while fostering AI innovation. Labour's approach signals a more implicate stance on #AI, aiming to regulate the #technology more than its predecessors. By implementing binding #regulations, banning explicit deepfakes, and establishing the Regulatory Innovation Office, the new government seeks to assert more presence when it comes to AI regulations

We are delighted that our #CEO Katharina Dalka has been invited to the #Women_in_Finance Podcast by Sopra Steria   Tune in to hear about her #experience being a female entrepreneur in the finance industry with StellarOne and Dydon AI, her engagement with March Women - Women in M&A and why she decided to teach women how to negotiation more effectively with BIA by StellarOne - Assertive Female Negotiation Training   Available in French and English

ENGLISH We are delighted to announce that we joined Finance Innovation as a member Initially created by the French government in 2007, Finance Innovation promotes the #development of the #financialecosystem in France. Combining the #strength of its government label with the dynamism of its teams, the organisation guarantees quality support by bringing together start-ups, research labs, small, medium and large financial companies, academic centers of excellence and investors Thanks to Mateo Djouadi and his incredible team for onboarding us FRENCH Nous sommes ravies d'annoncer que nous sommes désormais membre de Finance Innovation #Pôledecompétitivité mondial créé par l’Etat en 2007, Finance Innovation dispose d’une légitimité naturelle pour permettre le développement de l’écosystème financier de manière rigoureuse et désintéressée. Alliant la force de son label d’Etat au #dynamisme de ses équipes, le pôle est le garant d’un #accompagnement de qualité en mettant en relation les start-up, #laboratoires de recherche, petites, moyennes et grandes entreprises, centres d’excellence académiques et #investisseurs. Merci à Mateo Djouadi et son équipe dynamique pour nous accueilir

The #AIindustry is experiencing a shift after years of substantial investment, according to a report from @Stanford's Institute for Human-Centered Artificial Intelligence (HAI). #Globalinvestment in AI fell for the second year in a row in 2023, with private investments and corporate mergers and acquisitions declining. Total AI investment, including minority stake deals and public offerings, was $189.2 billion in 2023, a 20% drop from 2022. Despite this change, some #AIventures continue to #attract #significant #investments, and the number of #AIstartups receiving funding #increased by 40.6% in 2023. Gartner analyst John-David Lovelock notes that investments are "spreading out" as major players like Anthropic and OpenAI establish their dominance. #GenerativeAI remains a bright spot, with funding for startups in this area reaching $25.2 billion in 2023, a significant increase from previous years. However, #scepticism persists about whether generative AI can deliver the promised gains. Surveys show many executives doubt its potential for productivity improvements and are concerned about security. This comes as no surprise: To enable the proper deployment of #tools, the buy-on of staff is required alongside adequat training on how to use AI proficiently. Overall, the AI investment landscape is undergoing a necessary correction, moving towards a more sustainable pace. While challenges remain, the long-term potential for #AIinvestment is still #promising. Source: https://lnkd.in/eSaatq4n

#Negotiating a #deal is #draining, especially doing so #ontop of managing the daily business activities. We got you on this one: as #experienced #negotiatiors with a proven #trackrecord and extensive high level training, we bring your #deal through on a win-win basis to achieve positive future relations Get in touch via info@stellarone.biz

In the past month, Sam Altman, #CEO of OpenAI, has been on a whirlwind tour of world capitals, advocating for the need for global #AIregulation. At sold-out talks and meetings with government heads, Altman emphasized the importance of #regulating #AItechnologies to ensure #safety and #ethical use. However, behind the scenes, OpenAI has been lobbying for significant changes to the #EU ’s #comprehensive #AI legislation, known as the AI Act, to lessen the regulatory burden on the company. Documents obtained by Time Inc. reveal that OpenAI has successfully influenced amendments to the Act, reducing stringent requirements on general-purpose AI systems like GPT-3 and DALL-E. This article delves into the details of #OpenAI’s lobbying efforts, their implications on the #AIAct, and the broader debate over AI regulation and innovation.

You know that #AI will have a long lasting impact on your business, but you are unsure on how to leverage it ? We are here to help. Together with our partner AiiQ, we help you chose and implement the right tools for you business - impartially. Get in touch via info@stellarone.biz

A recent study Boston Consulting Group (BCG) and SISTA highlights stark gender #disparities in the #European #startup ecosystem. In 2022, #women-founded startups comprised only 10% of new startups and a mere 2% of total funds raised. Despite gradual growth, #genderequality in European startups remains #elusive, with no country achieving parity. The study, which analyzed 1,788 startups and 6,157 fundraisings across #France, the #UK, #Germany, #Spain, and #Sweden, reveals the UK's relatively favorable environment for women, thanks to various supportive initiatives. Sweden is welcoming for women starting businesses but severely lacking in scaling support, with women-only teams receiving only 1% of investments. In France, women-only teams struggle significantly, and gender-mixed teams face the lowest parity in creation. #Germany shows the #greatest #disparity, with men-only teams dominating fundraising. Spain's ecosystem, while occasionally favorable to women-only teams, still shows high inequality. A critical insight is that women partnering with men raise significantly more funds, while men partnering with women raise less than when partnering with other men, indicating a reliance on mixed-gender teams to mitigate inequalities.

The race to create the most advanced AI assistant just reached a new milestone. This week, both Google and OpenAI announced their latest innovations in the realm of artificial intelligence, unveiling tools that promise to revolutionize how we interact with technology. These cutting-edge #AIassistants boast capabilities such as #real-time #conversation, seamless interruption recovery, #live #video analysis, and #on-the-fly #translation. OpenAI led the charge on Monday with the introduction of GPT-4o, their new flagship model. The live demonstration highlighted its versatility, from reading bedtime stories to solving complex math problems, all delivered in a voice uncannily reminiscent of the AI character from the movie "Her," a parallel not lost on CEO Sam Altman. Google followed on Tuesday with the announcement of #Gemini #Live, a conversational assistant capable of similar feats. In addition, Google revealed plans for a #comprehensive #AIagent designed to handle a wide array of tasks, set to be released later this year.