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News
Washington scrambles to meet calls for AI guardrails while the window to act closes
1+ hour, 57+ min ago (971+ words) Washington is scrambling to address renewed fears over artificial intelligence, as leading U.S. companies sound the alarm over technology they say is advancing beyond their control. "Dr. Frankenstein is telling us the monster is escaping; help us stop this," said Sen....
Anthropic's Amodei says China presents 'toughest dilemma' for his proposed AI slowdown
3+ hour, 7+ min ago (541+ words) Anthropic CEO Dario Amodei said Sunday that the "toughest dilemma" about his proposal to slow the advancement of artificial intelligence is what happens if adversarial nations, namely China, choose not to do the same. "The more long-term thing would be…...
Obama voices caution on AI, urges Democrats to tackle it, NYT says
11+ hour, 52+ min ago (284+ words) Former U.S. President Barack Obama has warned that artificial intelligence could be “dangerous” if not properly managed, and urged Democrats to frame policy and governance agendas to tackle the issue, the New York Times said on Sunday. The remarks at a…...
Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock
1+ day, 1+ hour ago (170+ words) Larry Ellison has canceled his plan to sell up to 50 million of his shares in Oracle, or $7.5 billion worth of stock at the current price. The reversal came just a day after a regulatory filing disclosed the Oracle founder's trading…...
Anthropic's Amodei proposes plan to 'slow the pace' of advancing AI capabilities
1+ day, 2+ hour ago (267+ words) Anthropic CEO Dario Amodei published an essay on Saturday urging artificial intelligence companies to pace how quickly they improve model capabilities, a move that comes as a growing chorus of researchers have called for a coordinated slowdown. Amodei proposed a…...
I worked with Gloria Steinem for 30 years—This was her No. 1 antidote to fear
1+ day, 5+ hour ago (871+ words) "This is what 50 looks like," Gloria Steinem said to raucous cheers from the several hundred people, mostly women, gathered at a luncheon event in Phoenix, now 42 years ago. When societal forces so often work to make women feel invisible as…...
Why data centers could be the next big market for catastrophe bonds
1+ day, 13+ hour ago (775+ words) The rapid buildout of hyperscale data centers is creating tens of billions of dollars of concentrated physical assets — and an insurance challenge that traditional markets may struggle to handle on their own. The soaring value of data center assets, which…...
Oracle's Larry Ellison adopts trading plan to sell up to $7.5 billion worth of stock
1+ day, 17+ hour ago (214+ words) Oracle founder Larry Ellison has entered into a trading plan that would allow him to sell up to 50 million of his shares in the software company, or $7.5 billion worth of stock at the current price. It's an unusual move for…...
California enacts new curbs on social media for children
2+ day, 16+ hour ago (509+ words) California Governor Gavin Newsom signed into law on Thursday new tech company restrictions barring children under 16 from exposure to behaviorally addictive features on social media platforms and banning toys containing AI companion chatbots. The two measures were among 13 bills Newsom…...
A lot of Oracle's strength came from solid execution, says Jim Cramer
1+ day, 19+ hour ago (47+ words) Mad Money' host Jim Cramer digs into Oracle's stock post-earnings. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get... A lot of Oracle's strength…...