{"id":616186,"date":"2024-04-09T18:54:01","date_gmt":"2024-04-09T15:54:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/italy-sets-up-e1b-ai-fund-mulls-new-penalties-for-the-techs-misuse\/"},"modified":"2024-04-09T18:54:01","modified_gmt":"2024-04-09T15:54:01","slug":"italy-sets-up-e1b-ai-fund-mulls-new-penalties-for-the-techs-misuse","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/italy-sets-up-e1b-ai-fund-mulls-new-penalties-for-the-techs-misuse\/","title":{"rendered":"#Italy sets up \u20ac1B AI fund, mulls new penalties for the tech’s misuse"},"content":{"rendered":"
\n Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing \u20ac1bn to AI development over the course of the next five years.<\/p>\n

Prime Minister Giorgia Meloni first announced the plan for a dedicated AI fund last month. \u201cThe purpose of this mechanism is clearly to act as a multiplier and serve to attract further investment,\u201d Meloni said in a video message.<\/a><\/p>\n

CDP\u2019s venture capital arm will provide the capital, divided into three areas. Some \u20ac580mn will be invested in startups, while \u20ac300mn will go to more mature companies that are ready to scale abroad.<\/p>\n

The remaining \u20ac120mn will target the technology<\/a> transfer from university research to market.<\/p>\n

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Meanwhile, Italy is also drawing up its own AI legislation that will establish rules complementary to the EU\u2019s AI Act.<\/p>\n

\u201cThis technology can only achieve its full potential if it is developed within a framework of ethical rules that focus on people and their rights and needs,\u201d Meloni said. \u201cThis is the compass that has guided and will continue to guide our work, at all levels.\u201d<\/p>\n

Part of the draft bill are potential heavy penalties for crimes assisted by AI tools, sources familiar with the matter told Reuters<\/a>. Among the offences are money laundering, market rigging, and copyright infringement. It\u2019s still unclear when \u2014 and if \u2014 the law will enter into force.<\/p>\n

Italy\u2019s new investment plan and expected legislation both mirror the EU\u2019s broader movement not only to strengthen innovation and economic competitiveness in the field, but also establish guardrails to mitigate potential risks.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing \u20ac1bn to AI development over the course of the next five years. Prime Minister Giorgia Meloni first announced the plan for a dedicated AI fund last month. \u201cThe purpose of this mechanism is clearly to act as a multiplier and serve to attract…<\/p>\n","protected":false},"author":1,"featured_media":616187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F04%2FUntitled-design-52.jpg&signature=f9b6eff8f16b84f6a5797d80e403d407","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-616186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/616186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=616186"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/616186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/616187"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=616186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=616186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=616186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}