US to Partner With Panama to Boost Semiconductor Supply
The US is partnering with the government of Panama in a bid to boost and diversify its supply of semiconductors as geopolitical tensions increase the risk of global chip shortages.
Bloomberg Tech
Top US Consumer Watchdog Plots More Regulation for AI in Lending
The top US consumer financial watchdog is sharpening his focus on lenders’ use of artificial intelligence when making credit decisions, signaling that fresh restrictions loom for financial firms.
Rutgers, Stony Brook Among Colleges Warning of Data Exposure From MOVEit Hack
The ongoing cyberattack exploiting MOVEit file-transfer software has taken a toll on US colleges and universities.
OpenAI Backs Idea of Requiring Licenses for Advanced AI Systems
An internal policy memo drafted by OpenAI shows the company supports the idea of requiring government licenses from anyone who wants to develop advanced artificial intelligence systems. The document also suggests the company is willing to pull back the curtain on the data it uses to train image generators.
A $46 Billion Rally Shows India Tech Woes Easing
Optimism is returning for India’s information-technology companies as easing odds of a recession in the US and the emergence of artificial intelligence as a potential new source of revenue drive a rebound in their stocks.
AI Leaders Set to Make Safeguard Pledges Following White House Push
Leading US artificial intelligence companies are set to publicly commit Friday to safeguards for the technology at the White House’s request, according to people familiar with the plans.
Toxic Posts on Economist Job Website Traced to Users from Elite Universities
An online economics forum known for sexist, racist and abusive commentary included posts that originated at many prominent US universities as well as the Federal Reserve, according to a new study.
European Stocks Hit Mid-June High as Healthcare, Miners Shine
European stocks climbed to the highest level since mid-June as gains in mining and healthcare stocks helped offset a slump in chip stocks after Taiwan Semiconductor Manufacturing Co. cut its outlook.
Frontier Communications to Sell $1 Billion Fiber-Backed Bond
Frontier Communications Parent Inc. is sounding out investors regarding a roughly $1 billion bond deal that will repackage revenue from its secured fiber network, the latest in a string of companies trying to capitalize on fiber.