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Schwab Head of Macro Research and Strategy Kevin Gordon tells Bloomberg This Weekend that AI-related technology stocks are supporting the broader market even as many individual companies have suffered significantly larger declines, highlighting increasingly narrow market leadership. Speaking with…
Also: A big update on the touch-screen MacBook Pro.
Bloomberg Pursuits Senior Features Writer Thu-Huong Ha tells Bloomberg This Weekend about spending 48 hours in Singapore without relying on a smartphone, navigating a city where transportation, payments, dining and government services are deeply integrated with digital technology. Speaking with…
The “Super Intelligence Force” will be led by Director of National Intelligence Jay Clayton and chairman of the Federal Trade Commission Andrew Ferguson, President Donald Trump says on Truth Social.
SoftBank Group Corp. chief Masayoshi Son — one of AI’s fervent believers — said that even he’s worried about safety risks as machines quickly gain more abilities.
The UK’s dependence on big American cloud providers poses “a strategic and economic vulnerability” to the country, politicians warned, as US authorities have the power to switch off Britain’s public services or demand personal information under federal law.
South Korean regulators urged financial institutions to promptly complete internal security inspections and report the results to authorities after a series of cyberattacks led to personal data breaches across the industry.
A new White House task force will produce a report assessing risks posed by artificial intelligence and what responsibility the US federal government should have over the technology, the Wall Street Journal reported.
US Treasury Secretary Scott Bessent criticized prominent artificial-intelligence figures’ warnings about existential risks posed by the technology as alarmist and unhelpful, calling on the industry to police itself and produce solutions.
An OpenAI employee focused on AI safety has quit the company and warned that top artificial intelligence firms aren’t doing enough to mitigate the technology’s risks, joining a growing chorus of employees raising alarms from within the industry.
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