Feb 142022

Building AI and Machine Learning Technologies: Data Licensing Tips and Traps

Anna Remis
,

Data is the fuel for software development, and developers use historical data from existing products to train algorithms and build AI and machine learning models. Companies are well aware of privacy and regulatory restrictions on data use, but often do not consider the potential impact of data use restrictions on intellectual property ownership and use rights.

View article.

This post is as of the posting date stated above. Sidley Austin LLP assumes no duty to update this post or post about any subsequent developments having a bearing on this post.

Anna Remis

San Francisco

aremis@sidley.com

You might also like
Top 10 Questions on the EU AI Act

The EU AI Act will be the first standalone piece of legislation worldwide regulating the use and provision of AI in the EU, and will form a key consideration in AI governance programs. The AI Act will have a significant impact on many organizations inside and outside the EU, with failure to comply potentially leading to fines of up to 7% of annual worldwide turnover.

Regulatory Update: National Association of Insurance Commissioners Spring 2024 National Meeting

The National Association of Insurance Commissioners (NAIC) held its Spring 2024 National Meeting (Spring Meeting) March 15 through 18, 2024. This Sidley Update summarizes the highlights from this meeting in addition to interim meetings held in lieu of taking place during the Spring Meeting. Highlights include proposed updates to the regulatory review process for affiliated investment management agreements, continued discussion of considerations related to private equity ownership of insurers, and continued development of accounting principles and investment limitations related to certain types of bonds and structured securities.

FinCEN Seeks Input on Banks’ Collecting Partial Social Security Numbers for Customer Identification Programs

On March 28, 2024, the Financial Crimes Enforcement Network (FinCEN), in consultation with the U.S. banking agencies and the National Credit Union Administration, issued a request for information (RFI) regarding the customer identification program (CIP) requirement for depository institutions (referred to herein as banks) to collect tax identification numbers (TINs).1 Comments are due by May 28, 2024.