President Trump said the DOJ will rein in AI risks "if we have to," even as newly unsealed statements from OpenAI and Microsoft executives dealt a blow to the companies' fair-use defense in the ongoing New York Times copyright lawsuit.
The Congressional Black Caucus said at least 60 of its 62 members would vote for AI regulation legislation, as Treasury Secretary Scott Bessent separately proposed a bilateral U.S.-China AI notification system ahead of potential Trump-Xi talks.
Volkswagen cut its annual operating return on sales forecast to 1% on Monday — down from a prior range of 4% to 5.5% — and was simultaneously removed from the Euro Stoxx 50 blue-chip index, replaced by Nokia as the German automaker's shares approach their lowest level since 2010.
President Trump announced on Truth Social that he wants to create an "AI Force" led by an "AI czar," offering no timeline or structural details, even as cybersecurity experts warn that AI is amplifying threats to critical U.S. infrastructure.
Former President Obama and Rep. Ro Khanna pressed for stronger federal AI oversight this weekend, with Khanna proposing a dedicated regulatory agency modeled on the FDA to govern the technology's development.
A Brookings Institution fellow is calling for dedicated "robot relations" departments as AI scheduling, monitoring, and management tools draw scrutiny from legislators, labor unions, and workers across U.S. industries.
Cybersecurity experts warn that generative AI is amplifying the threat posed by human attackers to energy infrastructure, even as concerns about autonomous rogue AI agents grow. Legacy grid systems and slow patch cycles leave utilities especially exposed.
Volkswagen cut its annual operating return on sales forecast to 1% on Monday — down from a prior range of 4% to 5.5% — and was simultaneously removed from the Euro Stoxx 50 blue-chip index, replaced by Nokia as the German automaker's shares approach their lowest level since 2010.
Nscale, an AI cloud infrastructure provider that counts OpenAI, Anthropic, and Microsoft among its customers, filed for an IPO on the New York Stock Exchange under the ticker "NSCL," reporting 1,252% revenue growth in the first half of 2026.
Wells Fargo downgraded Netflix to underweight and slashed its price target to $57 from $80, citing a 1.6-hour-per-day drop in viewership per subscriber and a weak content pipeline for the rest of 2026.
President Trump said the DOJ will rein in AI risks "if we have to," even as newly unsealed statements from OpenAI and Microsoft executives dealt a blow to the companies' fair-use defense in the ongoing New York Times copyright lawsuit.
The Congressional Black Caucus said at least 60 of its 62 members would vote for AI regulation legislation, as Treasury Secretary Scott Bessent separately proposed a bilateral U.S.-China AI notification system ahead of potential Trump-Xi talks.
A Brookings Institution fellow is calling for dedicated "robot relations" departments as AI scheduling, monitoring, and management tools draw scrutiny from legislators, labor unions, and workers across U.S. industries.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.