all AI news
‘We have a bias problem’: California bill addresses race and gender in venture capital funding
Artificial intelligence (AI) | The Guardian www.theguardian.com
Firms known for funding biased AI products would need to submit demographic information on partners and founders
California would become the first state to require venture capital firms to disclose the race and gender of the founders of the companies they fund, under a bill currently awaiting governor Gavin Newsom’s signature.
The business community strongly opposes the legislation, characterizing it as an example of bureaucratic overreach. But civil rights groups and female entrepreneurs say it could go a long way …
artificial intelligence (ai) become bias bill business california capital chatgpt companies founders fund funding gavin newsom gender information partners products race race and gender silicon valley state us news venture venture capital venture capital firms women