Stock Market News

Meta decides to suspend its generative AI tools in Brazil

2024.07.17 18:36

SAO PAULO (Reuters) – Meta Platforms (NASDAQ:) said on Wednesday it decided to suspend use of generative artificial intelligence tools in Brazil in response to the government’s objections to its new privacy policy regarding personal data and AI.

WHY IT’S IMPORTANT

With more than 200 million people, Brazil is a crucial market for Meta. For example, Brazil has the second-largest user base for Meta’s WhatsApp after India.

In June, Meta hosted an event in Sao Paulo to launch its first AI-driven ad targeting program for businesses on the popular chat service.

CONTEXT

Earlier this month, Brazil’s National Data Protection Authority (ANPD) decided to suspend with immediate effect the validity of Meta’s new privacy policy for the use of personal data to train generative artificial intelligence systems in the country.

ANPD ruled that the company would need to adapt its privacy policy to exclude the section related to the processing of personal data for generative AI training, according to the Brazilian authority.

© Reuters. FILE PHOTO: Meta AI logo is seen in this illustration taken September 28, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

KEY QUOTE

In a statement, Meta said it has decided to suspend the tools while it is in talks with ANPD to address the authority’s doubts over generative artificial intelligence.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,280.33 3.74%
ethereum
Ethereum (ETH) $ 3,482.23 1.67%
tether
Tether (USDT) $ 0.999441 0.04%
xrp
XRP (XRP) $ 2.28 0.51%
bnb
BNB (BNB) $ 707.34 2.89%
solana
Solana (SOL) $ 196.42 1.76%
dogecoin
Dogecoin (DOGE) $ 0.330918 1.90%
usd-coin
USDC (USDC) $ 0.999946 0.09%
staked-ether
Lido Staked Ether (STETH) $ 3,478.89 1.85%
cardano
Cardano (ADA) $ 0.913427 0.36%
tron
TRON (TRX) $ 0.256724 1.17%
avalanche-2
Avalanche (AVAX) $ 40.85 3.08%
chainlink
Chainlink (LINK) $ 24.57 0.98%
the-open-network
Toncoin (TON) $ 5.98 4.87%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,127.59 1.93%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 2.15%
sui
Sui (SUI) $ 4.50 1.74%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,983.25 3.70%
hedera-hashgraph
Hedera (HBAR) $ 0.311835 0.11%
stellar
Stellar (XLM) $ 0.384039 1.81%
polkadot
Polkadot (DOT) $ 7.45 0.86%
weth
WETH (WETH) $ 3,477.29 1.49%
hyperliquid
Hyperliquid (HYPE) $ 27.70 2.29%
bitcoin-cash
Bitcoin Cash (BCH) $ 465.48 0.31%
leo-token
LEO Token (LEO) $ 9.55 1.22%
uniswap
Uniswap (UNI) $ 13.95 0.67%
litecoin
Litecoin (LTC) $ 109.02 1.03%
bitget-token
Bitget Token (BGB) $ 5.68 16.32%
pepe
Pepe (PEPE) $ 0.000019 0.95%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,670.92 1.46%
near
NEAR Protocol (NEAR) $ 5.52 0.12%
ethena-usde
Ethena USDe (USDE) $ 0.998968 0.05%
aave
Aave (AAVE) $ 372.56 0.97%
internet-computer
Internet Computer (ICP) $ 11.39 4.45%
usds
USDS (USDS) $ 0.99924 0.18%
aptos
Aptos (APT) $ 9.62 0.71%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.518233 1.47%
crypto-com-chain
Cronos (CRO) $ 0.158846 2.50%
vechain
VeChain (VET) $ 0.05235 3.59%
mantle
Mantle (MNT) $ 1.25 2.79%
ethereum-classic
Ethereum Classic (ETC) $ 27.61 0.52%
render-token
Render (RENDER) $ 7.59 2.04%
bittensor
Bittensor (TAO) $ 514.29 3.20%
mantra-dao
MANTRA (OM) $ 3.79 0.87%
monero
Monero (XMR) $ 195.63 3.69%
whitebit
WhiteBIT Coin (WBT) $ 24.89 1.64%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.36 0.16%
dai
Dai (DAI) $ 0.99993 0.10%
arbitrum
Arbitrum (ARB) $ 0.803308 0.99%
filecoin
Filecoin (FIL) $ 5.37 1.64%