Kansas City Fed’s Schmid Calls for AI Systemic Risk AssessmentIn the United States, Kansas City Federal Reserve Bank President Jeff Schmid said it is important for the Federal Reserve System to determine whether theEUROPE SAYS12d agoWhole story →TechnologyEconomyai systemic risk assessment
Trump and Xi see tensions flare over AI, trade and Iran but still seek stabilityFILE - President Donald Trump, left, and Chinese President Xi Jinping tour the Forbidden City, Nov. 8, 2017, in Beijing, China.EUROPE SAYS16d agoWhole story →TechnologyEconomyDonald Trumpus china summit
Jane Street’s $15B AI Loss Has Central Banks Asking QuestionsA roughly $15 billion trading hit at Jane Street is becoming a bank-supervision issue, with the Federal Reserve and Bank of England reportedly asking globalEUROPE SAYS16d agoWhole story →TechnologyEconomybank supervision inquiry
US Treasury Secretary Bessent says had a very successful engagement with China on trade and AIUS Treasury Secretary Scott Bessent spoke ahead of the US President Donald Trump and Chinese President Xi Jinping summit, saying that he had a very successfulEUROPE SAYS17d agoWhole story →TechnologyEconomyDonald Trumpus china trade talks
Artificial Intelligence: Who Pays the Bill?Artificial intelligence (AI) is in fashion, and not only that, I am convinced it is here to stay. Today it is on our phones, in businesses, at universities,EUROPE SAYS17d agoWhole story →SecurityTechnologyai industry expansion
Senators from both parties question OpenAI on breach of AI startup Hugging Face :: WRAL.comWASHINGTON (AP) — Lawmakers worried about the existential risk posed by new artificial intelligence products demanded information from OpenAI on Thursday withEUROPE SAYS27d agoWhole story →SecurityTechnologyai safety inquiry