Disney, Apple Investors May Vote on AI Proposals, SEC Says (1)

Walt Disney Co. and Apple Inc. shareholders will have the opportunity to vote on proposals seeking transparency about the companies’ uses of artificial intelligence, according to SEC letters made public late Wednesday.

The Securities and Exchange Commission in separate letters rejected the companies’ requests to throw out the proposals, which were both filed by the AFL-CIO Equity Index Funds, a collective investment trust for union members’ pension plans. The proposals, poised for votes at upcoming shareholder meetings, asked that the companies produce reports on their AI use as well as any ethical guidelines they’ve adopted for the technology.

The SEC ...