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A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump. “We have a buyer for TikTok, by the way,” Trump said in a Fox News interview on Sunday morning. “I think I’ll need probably China’s approval. I think President Xi [Jinping] will probably do it.” Trump…
A federal proposal that would ban states and local governments from regulating AI for 10 years could soon be signed into law, as Sen. Ted Cruz (R-TX) and other lawmakers work to secure its inclusion into a GOP megabill ahead of a key July 4 deadline. Those in favor – including OpenAI’s Sam Altman, Anduril’s…
A German data protection official has reported Chinese AI app DeepSeek to Apple and Google, saying the app transfers users’ information to China illegally. Meike Kamp, Berlin’s Commissioner for data protection and freedom of information, told the companies that DeepSeek did not provide “convincing evidence” that users’ data was protected as required by EU laws….
In 2018, when Bitcoin was trading around $4,000 and most Americans, at least, thought cryptocurrency was a fad, Katie Haun found herself on a debate stage in Mexico City opposite Paul Krugman, the Nobel Prize-winning economist who had dismissed digital assets as near worthless. As Krugman focused on Bitcoin’s wild price swings, Haun steered the…
A Republican effort to prevent states from enforcing their own AI regulations cleared a key procedural hurdle on Saturday. The rule, as reportedly rewritten by Senate Commerce Chair Ted Cruz in an attempt to comply with budgetary rules, would withhold federal broadband funding from states if they try to enforce AI regulations in the next…
European governments may be reconsidering their use of American technology and services, according to a new report in The New York Times. The flashpoint seems to come after President Donald Trump sanctioned Karim Khan, the chief prosecutor at the International Criminal Court, over the ICC’s decision to issue arrest warrants for Israel’s Prime Minister Benjamin…
OpenAI said Monday the U.S. Department of Defense granted it a contract for up to $200 million to help the agency identify and build prototype systems that use its frontier models for administrative tasks and more. OpenAI provides a few examples of possible tasking, such as helping service members get healthcare, streamlining data on various…
While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How? Well, the Navy’s Chief Technology Officer Justin Fanelli says he has spent the last two and a half years focused…
Chinese companies Huawei and SMIC may have a difficult time accessing resources needed to build AI chips, due to Taiwanese export controls. Bloomberg reports that Taiwan’s International Trade Administration placed the two companies and their subsidiaries on an updated list of entities designated as strategic high-tech commodities. That means Taiwanese businesses will need government approval…
Beleaguered genetic testing company 23andMe announced Friday that it has reached an agreement to sell itself to a nonprofit led by the company’s co-founder and former CEO Anne Wojcicki. Following a massive cyberattack in 2023 and a related lawsuit settlement, 23andMe filed for bankruptcy in March, with Wojcicki resigning in order to become an independent…