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Sen. Elizabeth Warren (D-MA) sent a letter to Defense Secretary Pete Hegseth on Monday expressing concern over the Pentagon’s decision to give Elon Musk’s company xAI access to classified networks. “Grok, the controversial AI model developed by xAI, has provided disturbing outputs for users, including giving users ‘advice on how to commit murders and terrorist…
The SEC is working on a proposal to allow public companies to release earnings reports twice a year instead of quarterly, per the WSJ. Chatter about making the 50-plus-year-old quarterly requirement optional has picked up steam in the past year, as companies lament the cost and burden of preparing for quarterly earnings. The requirement is…
In 2010, Warren Buffett and Bill Gates launched a disarmingly simple campaign they called the Giving Pledge: a public commitment, open to the world’s wealthiest people, to give away more than half their fortune during their lifetime or upon their death. The moment seemed to call for it. Tech was minting billionaires faster than any…
You can chart a year through product launches, or you can measure it in the greater moments that change the way we look at AI. The AI industry is constantly churning out news, like major acquisitions, indie developer successes, public outcry against sketchy products, and existentially dangerous contract negotiations — it’s a lot to untangle,…
The U.S. Army said late Friday that it has signed a 10-year contract with defense tech startup Anduril. The deal could be worth up to $20 billion. According to the announcement, the contract starts with a five-year “base period,” with the option to extend the deal for an additional five years, and it includes Anduril…
An unidentified foreign hacker broke into the FBI’s field office in New York in 2023 and compromised files related to the bureau’s investigation into the sex offender Jeffrey Epstein, according to Reuters. The newswire cited a source familiar with the breach, as well as court documents, and reported that the hack took advantage of a…
In just over a week, negotiations over the Pentagon’s use of Anthropic’s Claude technology fell through, the Trump administration designated Anthropic a supply-chain risk, and the AI company said it would fight that designation in court. OpenAI, meanwhile, quickly announced a deal of its own, prompting backlash that saw users uninstalling ChatGPT and pushing Anthropic’s…
A push by a coalition of telecom operators, device makers, and industry groups to bring $40 smartphones to market — a price point seen as key to getting tens of millions more people online — is gathering momentum, but questions remain over whether manufacturers can produce such ultra-low-cost devices at scale. This week at Mobile…
Hardware executive Caitlin Kalinowski announced today that in response to OpenAI’s controversial agreement with the Department of Defense, she’s resigned from her role leading the company’s robotics team. “This wasn’t an easy call,” Kalinowski said in a social media post. “AI has an important role in national security. But surveillance of Americans without judicial oversight…
The Nuclear Regulatory Commission (NRC) gave TerraPower the go-ahead this week to build a new nuclear reactor in the shadow of an aging coal power plant in Wyoming. TerraPower’s permit is the first to be issued by the NRC in nearly a decade. The startup — founded by Bill Gates in 2015 and backed by…