IBM (IBM) and Meta Platforms (META) have come together to launch AI Alliance with the goal of a more open model of AI. This alliance consists of over 50 large corporations, start-ups, and universities around the world. IBM Research Head Dario Gil joins Yahoo Finance Live to discuss the details of this group and what more to expect when advocating for artificial intelligence development. Gil believes that a large set of AI players is showing a “better way to create and shape and govern AI.” Gil insists that when there is only a select group leading the AI dialogue, revenue sharing is less plausible and there are more risks of “derailment” when challenges arise. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Meta has severed the link between its two biggest products as it fights more EU regulation.