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OpenAI, Anthropic Weigh Using Investor Funds to Cover Billions in AI Copyright Lawsuits —...
OpenAI and Anthropic, two of the world’s most prominent artificial intelligence developers, are reportedly exploring plans to use investor funds to help cover potential...
SoftBank Buys ABB’s Robotics Division for $5.4bn, Deepening Its Bet on “Physical AI” Revolution
SoftBank Group Corp. has agreed to acquire the robotics division of Swiss engineering giant ABB Ltd. for $5.4 billion, in a landmark deal that...
SEC to Formalize The “Innovation Exemption” For Crypto Companies By The End of The...
U.S. Securities and Exchange Commission (SEC) is actively planning to formalize an "innovation exemption" specifically tailored to support crypto and blockchain companies.
This initiative, spearheaded...
U.S. Lawmakers Warn $40bn in Loopholes Are Undermining Global Chip Export Controls on China
A new bipartisan investigation by the U.S. House Select Committee on China has revealed that gaps and inconsistencies in export control rules among the...
U.S. Senator Sanders Calls for Robot Tax to Protect Millions of Jobs from AI...
Senator Bernie Sanders has reignited the debate over a “robot tax” as fears mount that artificial intelligence and automation could wipe out tens of...