A new proposal in India aims to regulate the data practices of tech giants like OpenAI and Google, citing concerns about privacy and data security. The proposed regulations would require these companies to disclose more information about how they collect and use data, in an effort to protect users from potential misuse.

The Indian government’s move comes as part of a larger push to regulate the rapidly growing artificial intelligence industry in the country, which has seen significant investments from global tech companies. The proposed regulations would also require companies to obtain user consent before collecting or sharing their personal data, in an attempt to enhance transparency and accountability.

Tech giants like OpenAI and Google have faced increasing scrutiny over their data practices, with critics accusing them of exploiting user data for profit without adequate safeguards in place. The proposed regulations in India seek to address these concerns and establish a framework for responsible data management in the AI industry.

If passed, the new regulations could have far-reaching implications for tech companies operating in India, potentially forcing them to overhaul their data practices to comply with the stricter rules. The move reflects growing concerns about data privacy and security in the digital age, as governments around the world grapple with how to regulate the rapidly evolving tech industry.

Read more at Investing.com: Indian AI royalty proposal targets data practices of OpenAI, Google