The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, a buy now, pay later financial services provider, estimates that its AI assistant tool will increase its profit outcome by $40 million by the end …
“We want to see divestiture from this Chinese company because we are concerned, as every American ought to be concerned, about data security and what ByteDance and what the Chinese Communist Party could do with the information that they can glean off of Americans use of the application.” The White House’s call to action comes …
COLUMBIA –The U.S. Department of Agriculture announced Thursday that USDA is funding 216 projects in 45 states including South Carolina to bring high-speed internet, state-of-the-art infrastructure, and economic growth to rural communities. W. Metts Engineering Co., Inc. is receiving $268,000 to promote the expansion of high-speed internet in the community of Norway in South Carolina …
“I understand, however, that SpaceX is possibly withholding broadband internet services in and around Taiwan — possibly in breach of SpaceX’s contractual obligations with the U.S. government,” read the letter, which was signed by Rep. Mike Gallagher, R-Wi., who chairs the House CCP committee. The Pentagon awarded SpaceX a one-year contract for Starshield in September, …
SEC Chairman Gary Gensler has warned of the danger of letting AI tools make incorrect assumptions about investors, and exercise a bias toward a firm’s own products. More than 20 Republican lawmakers in the House and Senate sent Gensler a letter last fall, calling on the SEC to withdraw the rule. They argued that compliance …
Microsoft President Brad Smith met with China’s Minister of Commerce Wang Wentao to discuss topics ranging from artificial intelligence to trade relations between Washington and Beijing. The meeting underscores China’s attempt to show it remains favorable to American businesses amid continued tensions with the U.S. and as it looks to reinvigorate its economy. The statement …