Today in AI - October 22, 2024

As Europe implements the AI Act, SAP's CEO cautions that excessive regulation may impact competitiveness with the U.S. and China, while Europe's AI talent and technology remain strong. Klarna has emerged as a leading founder factory in Europe, with 62 startups launched by its alumni, driven by its innovative culture and focus on AI. The U.S. plans new regulations for reporting investments in critical technologies in China, aiming to limit China's tech advancements and maintain national security. Anthropic, founded by former OpenAI executives, is advancing AI with its product Claude, which competes with major chatbots and introduces innovative features for productivity. The insurance industry is using AI and high-resolution imagery from companies like Near Space Labs and Windborne to improve disaster assessment and weather forecasting.