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Microsoft president says milk faces more regulation than AI

Microsoft president says milk faces more regulation than AI

LONDON, Oct 12 (Reuters) - Artificial Intelligence needs urgent global regulation with independent evaluators able to vet new developments, the president of Microsoft said, warning that AI currently faces fewer safety requirements than milk.

Nasdaq falls ahead of earnings, economic data while oil rallies

Nasdaq falls ahead of earnings, economic data while oil rallies

By Sinéad Carew and Ragini Mathur Oct 12 (Reuters) - The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and investors waited for banks to kick off the third-quarter earnings season and for economic data this week.

UK given access to safety-test latest AI models, minister says

UK given access to safety-test latest AI models, minister says

By William James LONDON, Oct 12 (Reuters) - Britain's AI Security Institute has been given access to the latest advanced AI models and is working with the US government and major developers, including Google, to assess their safety, AI Minister Kanishka Narayan said on Monday.

Oil rally pressures S&P, Nasdaq; Microsoft, Salesforce buoy Dow

Oil rally pressures S&P, Nasdaq; Microsoft, Salesforce buoy Dow

By Ragini Mathur and Purvi Agarwal Oct 12 (Reuters) - US stock indexes were mixed on Monday, with tech heavyweights facing heat as oil prices touched their highest in about two weeks ahead of big bank earnings and inflation data due later in the week that could potentially steer the Fed's policy

Nasdaq ends lower as oil prices surge ahead of earnings, economic data

Nasdaq ends lower as oil prices surge ahead of earnings, economic data

By Sinéad Carew and Ragini Mathur Oct 12 (Reuters) - The Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and investors waited for banks to kick off the third-quarter earnings season and for economic data this week.

Palantir hits record as its next AI market gets awkward

Palantir hits record as its next AI market gets awkward

Wall Street thinks Palantir could be entering another phase of growth.

US-China Green Energy Summit Urges Global Climate Action Amidst Political Divides and AI Energy Demands

US-China Green Energy Summit Urges Global Climate Action Amidst Political Divides and AI Energy Demands

The 18th U.S.-China Green Energy Summit, held at Stanford University in California, concluded with a strong call for global climate actions and practical collaboration, despite existing political divides and the increasing energy demands of artificial intelligence (AI). The summit brought together Nobel laureates, senior policymakers, scientists, industry executives, investors, and international leaders to discuss technologies, policies, markets, and partnerships shaping the future of the global energy transition. A key consensus was the necessity for cooperation on climate change, transcending trade disputes and technological rivalry. Erik Solheim, former UN under-secretary-general, highlighted the challenge of political polarization turning green development into a 'culture war issue' in the U.S. and Europe. The event also addressed the growing energy footprint of AI, with participants emphasizing that AI, while a tool for climate solutions, could become part of the problem if not governed by robust stan...

Ilhan Omar’s home was searched. What to know about her immigration story

Ilhan Omar’s home was searched. What to know about her immigration story

Top Trump officials have accused the Somali-born congresswoman of immigration fraud without evidence. Here’s what we know about the search so far.

Security incident at US-run air base almost certainly directed by Iran, UK prime minister says

Security incident at US-run air base almost certainly directed by Iran, UK prime minister says

British Prime Minister Andy Burnham says a security incident at a U.S.-run military air base in England was “almost certainly” directed by Iran’s Revolutionary Guard

OpenAI CEO Sam Altman has a biblical-level warning about AI

OpenAI CEO Sam Altman has a biblical-level warning about AI

The OpenAI chief says attributing "religious force" to AI models is a real safety issue.

Senator Mark Warner Introduces AI Risk Management and Security Act to Regulate Advanced AI Systems

Senator Mark Warner Introduces AI Risk Management and Security Act to Regulate Advanced AI Systems

U.S. Senator Mark R. Warner (D-VA) has introduced S. 5576, the Artificial Intelligence Risk Management and Security Act of 2026. This bill aims to establish a federal framework for identifying, evaluating, and mitigating risks associated with advanced artificial intelligence systems, particularly highly capable 'frontier' models and AI agents. The proposed legislation mandates the creation of an Artificial Intelligence Safety Board within the Department of Commerce. This board, comprising federal agency representatives and external experts, would be tasked with developing technical standards and evaluation methods for frontier AI models. These standards would cover aspects such as identifying risky capabilities, measuring safety and security risks, standardizing model cards, recommending cybersecurity practices, and establishing procedures for insider risk checks. The bill also requires developers to create and publish Model Safety Plans for each AI system and mandates incident reporting for AI safety and ...

Michael Burry doubles down on his stock market stand

Michael Burry doubles down on his stock market stand

Michael Burry did not hold back. His latest comments put a name to what he thinks Wall Street is doing right now.