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Sam Altman Tells Congress US Must Pursue ‘Sensible Regulation,’ Avoid ‘Silly Mistake’ To Stay Ahead Of China In AI Race: ‘It’s Hard To Say How Far Ahead We Are…’
OpenAI CEO Sam Altman testified before Congress, urging for innovation over regulation to stay ahead of China in AI development. US-China race is bipartisan concern. read more
Steve Huffman Says Reddit Employees Were ‘Wrapped Up In Idealism’ And ‘Not Working Very Hard’ Before His 2015 Comeback As CEO
Reddit Inc. co-founder and CEO Steve Huffman recently shared that, according to him, employees were “not working very hard” when he returned in 2015. read more
US Stock Futures Flicker Between Gains And Losses After Strong Three-Day Run: ‘Tariffs Are Steering The Boat Again,’ Says Expert
U.S. stock futures swung between gains and losses on Friday after 3 days of advance on Thursday. Futures of indices were mixed in premarket. read more
Ivanka Trump’s Venture Backs Farm Produce, Supply Chain Reforms While White House Slashes Millions In Funding From Local Food Programs
Ivanka Trump, the daughter of President Donald Trump, has unveiled her latest venture, Planet Harvest. The company aims to enhance the accessibility of fresh produce and address supply chain inefficiencies. read more
Plug Power Partners Up With BASF: Will Use German Company’s Purification Tech To Liquify Hydrogen
Plug Power Inc. will use BASF’s purification solutions in its hydrogen liquefaction plants, as company implements turnaround plan. read more
‘Financial Hurdles To Owning A Home Have Rarely Been Higher,’ Says BMO As Fed Holds Rates, Extending Wait For Homebuyers
The Federal Reserve kept interest rates steady Wednesday between 4.25% and 4.50%, marking the third consecutive pause in rate policy and extending the wait for potential homebuyers seeking relief from elevated mortgage costs. read more
Mohamed El-Erian Flags ‘Adverse Implications’ For Domestic Industries As China’s Exports Rise 8% Despite 21% Drop In US Shipments
Mohamed El-Erian highlights “adverse implications” for domestic industries after China’s shipments to US fall 21% despite 8% overall increase. read more
Google’s ‘Golden Goose’ Under Threat As GenAI Surges And Apple Rethinks Search Ties, Warns Gene Munster
According to a leading fund manager and venture capitalist, Google-parent Alphabet Inc.’s (NASDAQ: GOOG) search dominance is facing mounting challenges, with a high profile anti-trust lawsuit, and emerging technologies that are reshaping consumer behaviours. read more
