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House lawmakers introduce draft for national AI framework

A bipartisan pair of House lawmakers released a long-awaited draft of a national framework on artificial intelligence on Thursday, aiming to preempt some state laws on AI, minimize the technology's risks and expand research. The discussion draft, obtained by The Hill, proposes overriding state regulations that target AI model development for three years. This would...

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SpaceX launches IPO, making Musk the world’s first trillionaire

{beacon} Technology Technology β€Š The Big Story SpaceX launches IPO, making Musk the world’s first trillionaire Elon Musk’s SpaceX made its highly anticipated stock market debut Friday morning, establishing him as the first person to ever be worth $1 trillion. Β© Matt Rourke, Associated Press The spacecraft and satellite communications company began trading on the...

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Google accuses Chinese cybercrime network of using its AI

Google has filed a lawsuit against a Chinese cybercrime network, alleging the hackers are using the company's Gemini artificial intelligence models and tools to build phishing software to rob consumers. The lawsuit, filed FridayΒ in the U.S. District Court for the Southern District of New York, alleges the network created a phishing software called "Outsider" that...

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Compute becomes lifeblood, constraint of AI boom

{beacon} Technology Technology β€Š The Big Story Compute becomes lifeblood, constraint of AI boom Computing power has become the lifeblood β€” and a key limiting factor β€” of the race to develop AI, as the push to integrate the technology into daily life clashes with the finite supply of one of its most crucial inputs....

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DC, Silicon Valley brace for AI job losses

{beacon} Technology Technology β€Š The Big Story Washington, Silicon Valley brace for AI job losses Washington and Silicon Valley are bracing for the fallout from AI’s potential displacement of workers, floating everything from transition assistance to universal basic income as Americans express growing discontent with the technology. Β© AP Photo/Jose Luis Magana AI leaders have...

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OpenAI files to go public as IPO race heats up

OpenAI has confidentially filed paperwork to go public, the company announced Monday. It is one of three leading AI companies preparing for an initial public offering (IPO), alongside SpaceX and Anthropic, which have both filed with the Securities and Exchange Commission (SEC) in recent months. The company said in a post on X it β€œrecently...

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AnthropicΒ model takedown fuels warning of β€˜ad hoc’ AI regulation

Presented by Philip Morris International {beacon} /a> Technology PRESENTED BYΒ  The Big StoryΒ  AnthropicΒ model takedown fuels warning of β€˜ad hoc’ AI regulation The White House is coming under fire for a directive prompting Anthropic to pull its latest models, and AI policy advocates warn the move signals the White House is taking an β€œad hoc”...

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Altman distances himself from campaign lobbying efforts in Capitol Hill visit

OpenAI CEO and co-founder Sam Altman tried to distance himself from the artificial intelligence industry's massive lobbying efforts this cycle as scrutiny mounts over the millions of dollars the sector is throwing into the midterms. Shortly after meeting with lawmakers on Capitol Hill on Wednesday, Altman was asked about OpenAI's involvement in primaries across the...

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Altman, OpenAI get bogged down in political spending fight

OpenAI, the artificial intelligence firm that birthed ChatGPT, is struggling to distance itself from pro-AI super PAC Leading the Future and its Silicon Valley backers as the industry faces backlash over its midterm election donations. OpenAI CEO Sam Altman is facing new questions over the company’s affiliation with Leading the Future, which is backed by...

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AI firms craft state rules as White House, Congress stall

Major artificial intelligence labs are done waiting on Washington to pass a national standard for AI, turning to state bills to carve out their own policy lines while Congress tries to catch up. Most AI labs support a national safety framework for AI that would eliminate the patchwork of state regulations, but they are also...

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UK bans social media for children under 16

The British government is banning access to social media for children under 16, joining just a few countries across the globe trying to protect kids online through a strict age-based restriction on certain applications and platforms. The move, announced Monday by Prime Minister Keir Starmer, makes the United Kingdom the fifth nation to pursue an...

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