A sign on the exterior of the China Evergrande New Energy Vehicle Group Ltd. research headquarters in Shanghai, China, on Friday, Sept. 24, 2021. Bloomberg | Bloomberg | Getty Images Shares of the electric vehicle manufacturing arm of property developer China Evergrande plunged 23% on Monday after the unit revealed its vice chairman had been … Read more
Get a free $40 gift cared with a one-year Costco Executive Gold Star membership right now. StackSocial Setting a course for a new year is a great excuse to examine your finances and household budget. If you’re like millions of Americans, you might realize that you’re spending more than you need to on groceries, clothes, … Read more
Get a free $40 gift cared with a one-year Costco Executive Gold Star membership right now. StackSocial Setting a course for a new year is a great excuse to examine your finances and household budget. If you’re like millions of Americans, you might realize that you’re spending more than you need to on groceries, clothes, … Read more
The Internal Revenue Service headquarters building in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images WASHINGTON — A former Swiss finance executive pled guilty in New York federal court on Thursday to conspiring to defraud the U.S. in a tax evasion scheme known as the “Singapore Solution” that hid $60 million in … Read more
Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told CNBC exclusively. Dammeir was previously Adyen’s global head of unified commerce, a role he led out of the Dutch payment company’s San Francisco office. Dammeir oversaw … Read more
Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Carlos Barria | Reuters A wide swath of Silicon Valley has hitched its hopes and fortunes over the past few years to the kind of generative artificial intelligence technologies that OpenAI helped popularize. Many … Read more
Science fiction, for decades, has been about predicting the future—and warning against it. Even as Star Trek envisioned the wonders of flip phones and iPads, Neal Stephenson’s Snow Crash warned of the dystopian nature of the metaverse. Throughout 2023, as artificial intelligence has creeped its way into every corner of public, private, and creative life, … Read more
Update: Hours after this story published, Sam Altman posted on X/Twitter saying, “there are some great parts about the AI EO, but as the govt implements it, it will be important not to slow down innovation by smaller companies/research teams.” Altman also said he is “pro-regulation on frontier systems,” or large-scale foundation models, and “against … Read more
The Biden Administration is moving forward with a first-of-its-kind artificial intelligence executive order aimed at creating new standards for AI safety and setting up new guardrails to prevent potential misuse. Today’s executive order marks a key inflection point in AI regulation, as lawmakers in governments around the world grapple with how to best prevent harm … Read more
President Joe Biden speaks as he meets with AI experts and researchers at the Fairmont Hotel in San Francisco, Calif., on Tuesday, June 20, 2023. Jane Tyska | Medianews Group | Getty Images President Joe Biden unveiled a new executive order on artificial intelligence — the U.S. government’s first action of its kind — requiring … Read more