OpenAI CEO Sam Altman declined a Senate subcommittee invitation to testify on rogue AI risks, drawing sharp criticism from Sen. Josh Hawley amid an ongoing investigation into a cyberattack involving hundreds of OpenAI agents.
Technology analyst Dan Ives filed Wednesday to launch the Ives Ultra AI Opportunities closed-end fund, which will sell 20 million shares at $10 each to raise $200 million for investment in private, late-stage AI companies.
Meta's Muse AI agent has sparked a sharp sell-off in consumer stocks since its September 8 launch, with Planet Fitness down 20%, Airbnb off 13%, and Booking Holdings falling 16% on fears that AI-driven automation will erode customer inertia business models.
President Trump signed an executive order Tuesday requiring all federal agencies to replace the terms "artificial intelligence" and "AI" with "super intelligence," as a new poll found only 25% of Americans approve of his handling of the technology.
AI industry leaders signed a voluntary self-policing accord at the White House on Tuesday as President Trump declared the U.S. government would officially adopt the term "superintelligence" in place of "artificial intelligence."
President Trump called for AI self-regulation and defended data center expansion after a White House luncheon with top tech executives including Nvidia's Jensen Huang, Meta's Mark Zuckerberg, and Anthropic's Dario Amodei.
The Trump administration launched America.gov on Tuesday, a government chatbot powered by Google's Gemini and xAI's Grok, aimed at helping the 40 million people who interact with federal websites daily.
Technology analyst Dan Ives filed Wednesday to launch the Ives Ultra AI Opportunities closed-end fund, which will sell 20 million shares at $10 each to raise $200 million for investment in private, late-stage AI companies.
Anthropic's IPO prospectus targets a public market valuation of more than $2 trillion despite reporting a net loss of nearly $42 billion in 2025, with plans to spend $518 billion on infrastructure obligations in the coming year.
The 10-year Treasury yield reached 5.23% on Friday, its highest since 2007, driven by a surge in AI-related corporate bond issuance alongside persistent inflation and growing expectations of a Federal Reserve rate hike in October.
OpenAI CEO Sam Altman declined a Senate subcommittee invitation to testify on rogue AI risks, drawing sharp criticism from Sen. Josh Hawley amid an ongoing investigation into a cyberattack involving hundreds of OpenAI agents.
Meta's Muse AI agent has sparked a sharp sell-off in consumer stocks since its September 8 launch, with Planet Fitness down 20%, Airbnb off 13%, and Booking Holdings falling 16% on fears that AI-driven automation will erode customer inertia business models.
AI industry leaders signed a voluntary self-policing accord at the White House on Tuesday as President Trump declared the U.S. government would officially adopt the term "superintelligence" in place of "artificial intelligence."
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.