AGL 40.35 Increased By ▲ 0.15 (0.37%)
AIRLINK 129.50 Increased By ▲ 0.39 (0.3%)
BOP 6.38 Decreased By ▼ -0.22 (-3.33%)
CNERGY 4.03 No Change ▼ 0.00 (0%)
DCL 8.44 Decreased By ▼ -0.01 (-0.12%)
DFML 42.51 Increased By ▲ 1.26 (3.05%)
DGKC 87.70 Increased By ▲ 0.70 (0.8%)
FCCL 33.75 Increased By ▲ 0.40 (1.2%)
FFBL 65.80 Decreased By ▼ -0.10 (-0.15%)
FFL 10.66 Increased By ▲ 0.12 (1.14%)
HUBC 113.06 Increased By ▲ 2.36 (2.13%)
HUMNL 16.01 Increased By ▲ 0.78 (5.12%)
KEL 4.82 Increased By ▲ 0.04 (0.84%)
KOSM 7.89 Increased By ▲ 0.06 (0.77%)
MLCF 42.25 Increased By ▲ 0.35 (0.84%)
NBP 60.63 Increased By ▲ 0.13 (0.21%)
OGDC 185.00 Increased By ▲ 2.20 (1.2%)
PAEL 25.51 Increased By ▲ 0.15 (0.59%)
PIBTL 7.26 Increased By ▲ 1.00 (15.97%)
PPL 146.75 Decreased By ▼ -1.06 (-0.72%)
PRL 24.60 Increased By ▲ 0.04 (0.16%)
PTC 16.32 Increased By ▲ 0.08 (0.49%)
SEARL 70.80 Increased By ▲ 0.30 (0.43%)
TELE 7.35 Increased By ▲ 0.05 (0.68%)
TOMCL 36.25 Decreased By ▼ -0.05 (-0.14%)
TPLP 8.12 Increased By ▲ 0.27 (3.44%)
TREET 15.37 Increased By ▲ 0.07 (0.46%)
TRG 51.47 Decreased By ▼ -0.23 (-0.44%)
UNITY 27.53 Increased By ▲ 0.18 (0.66%)
WTL 1.28 Increased By ▲ 0.05 (4.07%)
BR100 9,881 Increased By 39 (0.4%)
BR30 30,254 Increased By 217.2 (0.72%)
KSE100 92,922 Increased By 402 (0.43%)
KSE30 28,854 Increased By 67.2 (0.23%)

ROME: Italian Prime Minister Giorgia Meloni on Tuesday announced a one-billion-euro investment fund to promote artificial intelligence projects and called for “ethical rules” to govern the technology’s use.

She was speaking at an event in Rome, two days before her country hosts a meeting of G7 technology ministers where AI will be top of the agenda.

The new investment fund, which would include new money as well as existing funds, was intended as seed money to attract further investment, she said, with the goal of creating “an Italian way to develop AI”.

Meloni said Italy was also working on its own legislation, complementary to the EU’s world-first law currently under development, to “establish some principles” and also identify how to boost homegrown companies.

“It is a technology which can unleash all its positive potential only if its development moves within a perimeter of ethical rules which put the person, their rights and needs, at the centre,” she said.

The rapid development of AI has become a topic of global concern, turbocharged by the 2022 launch of ChatGPT, a generative programme by Microsoft’s OpenAI that can pen stories, create pictures, write computer code and more from simple text prompts.

Meloni has said AI will be a priority of Italy’s presidency this year of the Group of Seven (G7) richest countries.

Comments

Comments are closed.