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Some of America’s biggest technology companies are pushing Washington to make open artificial intelligence a national priority as China continues to build its lead in the space.Their message exposes a gap in U.S. policy: America has a chip strategy for AI. Now it needs an open-model strategy.Supporters say open models can lower costs, keep sensitive data inside a company’s own systems and prevent businesses from becoming dependent on a handful of AI providers. The models can also give more researchers and security teams the ability to inspect powerful models and find weaknesses. Unlike ChatGPT or Claude, which customers access through…
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland.Andrew Harnik | Getty ImagesPresident Donald Trump on Friday appealed a federal judge’s blistering order finding he filed a bad-faith $10 billion lawsuit in order to reach an advantageous settlement.The notice of appeal in U.S. District Court in Miami was made public hours after Trump vented frustration that the $1.776 billion “lawfare” fund created as part of that settlement has been scrapped.”They’ve agreed to not have a fund. But there are a lot of people that are very upset…
George Santos, who was expelled from the U.S. House of Representatives, arrives for the sentencing in his criminal corruption charges at Central Islip Federal Courthouse in Central Islip, New York, on April 25, 2025.Shannon Stapleton | ReutersThe Commodity Futures Trading Commission has ordered George Santos to pay $35,000 after the agency found the former Republican congressman traded on who would attend this year’s State of the Union and whether he would attend, too. The CFTC announced on Friday that Santos is banned from trading for three years and will pay a civil monetary penalty of $17,500. He must also give up…
System1 rating upgraded by S&P on debt restructuring Source link
Anthropic said its Claude-based security models gained unauthorized access to the sensitive production environments of three outside organizations during internal testing designed to measure the models’ offensive cyber capabilities. The events, which Anthropic revealed Thursday, are the second revelation in 10 days that AI models from the world’s wealthiest providers have trespassed into protected networks, an offense that, in more traditional hacking scenarios, could land the human behind the keyboard in prison for years. Earlier this month, OpenAI said its security models exploited a zero-day vulnerability for use in breaking into the network of Hugging Face, a platform for open…
Smith’s motion asked the council to “rescind” the pledge and request council officers to “review any policies, targets and spending commitments” introduced as a result of the declaration.It also asked the council to “reaffirm its commitment to clean streets, parks, recycling, flood protection and other local environmental services that matter to residents” and to ensure future environmental initiatives are only pursued where they are “affordable, evidence-based and delivering clear benefits” for residents.But councillor Rachael Taylor, Green group leader, said the motion “created a false choice between climate action and delivering good local services”.She said the council already “considers affordability, value…
BMO names top energy transition stock pick Source link
Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024.Smith Collection/ gado | Archive Photos | Getty ImagesClear Street, the prime brokerage startup that recently shelved plans for its own IPO, is now aiming to give investors access to some of Silicon Valley’s hottest private companies before they go public.The firm is close to announcing a new platform designed to let accredited investors buy interests in late-stage private companies, starting with AI software titan Databricks, valued this month at $188 billion, CNBC is first to report.”The goal is to remove friction and give more people…
Tracy Brabin, the Labour mayor of West Yorkshire, said that giving regions like hers a proportion of income tax would mean “people will be able to see and feel the real benefit of their hard work and where that money is going”.Richard Parker, the Labour mayor for the West Midlands, described the plans as “phenomenal”, adding: “It really is a sea change, it’s monumental.”But some within the Labour Party have voiced concerns.Labour backbencher Sean Woodcock, MP for Banbury in Oxfordshire, said he supported the plans but said there was still the need for redistribution from central government in order to…
