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AI won’t fix America’s debt, Guardian analysis argues

The White House hopes AI will help the US grow its way out of debt. That is a new take on the Reagan-era promise that tax cuts pay for themselves, Eduardo Porter argued in an analysis for The Guardian. “Even if AI supercharged the economy, its impact on the government’s finances would be muted,” he […] This story continues at The Next Web https://ift.tt/luqSeJ5 Read full article: The Next Web
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Pentagon offers PsiQuantum a conditional loan of up to $150m

PsiQuantum has received a conditional commitment for a loan of up to $150 million from the US Department of War’s Office of Strategic Capital. The quantum computing company announced the commitment on Thursday. It is the second conditional loan from the same Pentagon office in two days. On Wednesday, the Office of Strategic Capital offered […] This story continues at The Next Web https://ift.tt/meZtsL2 Read full article: The Next Web
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Trump names four officials to lead his Super Intelligence Force

Trump named the intelligence director Jay Clayton, the FTC chairman Andrew Ferguson, the Pentagon technology chief Emil Michael and the personnel director Scott Kupor to lead a Super Intelligence Force with no statutory authority or budget. Europe took the opposite route in May, when the EU ratified the Council of Europe treaty whose title uses […] This story continues at The Next Web https://ift.tt/MmeLS08 Read full article: The Next Web
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Bessent says AI alarmism without solutions is not leadership

US Treasury Secretary Scott Bessent has criticised AI leaders who warn of disaster but offer no fixes. He made the remarks in an interview with Axios published on Saturday. “This alarmism without solutions by some of the AI community, that’s not leadership,” Bessent said, as Bloomberg reported. In September, Anthropic’s Dario Amodei, OpenAI’s Sam Altman and xAI’s Elon Musk […] This story continues at The Next Web https://ift.tt/BJe56ql Read full article: The Next Web
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Volantis raises $88M for a photonic memory layer built for AI inference

Volantis has raised $88M to build a photonic link between AI compute and memory, using gallium arsenide lasers to avoid constraints in indium phosphide. The Netherlands is building a EUR 153M indium phosphide pilot line at Eindhoven that opens in 2027, the same year Volantis plans to ship. Volantis has raised $88M to put light […] This story continues at The Next Web https://ift.tt/FQscNtJ Read full article: The Next Web
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ABC and SBS want AI companies to pay for Australian news

Australia’s public broadcasters, the ABC and SBS, want the country’s news bargaining incentive to cover AI companies. That would push them to strike commercial deals with Australian media to support journalism. The two broadcasters made the call in submissions to Parliament’s Joint Select Committee on Artificial Intelligence. Josh Butler reported the submissions for the Guardian […] This story continues at The Next Web https://ift.tt/fVJeCWZ Read full article: The Next Web
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OpenAI is sued over the rogue agents that hacked Hugging Face

OpenAI has been sued over the AI agents that hacked Hugging Face in July. The New York non-profit Legal Advocates for Safe Science and Technology (LASST) filed the complaint in San Francisco Superior Court on Tuesday. LASST asks the court to bar OpenAI from accessing computer systems without authorisation. The ban would cover the AI […] This story continues at The Next Web https://ift.tt/a9RfrgT Read full article: The Next Web
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Elon Musk, Jeff Bezos and Mark Zuckerberg among 31 guests at Trump’s AI lunch

Elon Musk, Jeff Bezos and Mark Zuckerberg are joining other business leaders at the White House on Tuesday for a lunch event on artificial intelligence. The event will be hosted by President Donald Trump, together with Mike Johnson, the Speaker of the House. Thirty-one people have confirmed their attendance, according to an RSVP list obtained […] This story continues at The Next Web https://ift.tt/ZNFgxRT Read full article: The Next Web
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Z.ai and Concordia AI propose six stages for managing open-weight AI risk

Chinese AI company Z.ai and Beijing safety consultancy Concordia AI have published a framework for managing the risks of open-weight AI models. Anyone can download, modify and run the trained parameters of such models. The two released the report on Monday, Chong Ming Lee reported for the South China Morning Post. The report “provides the […] This story continues at The Next Web https://ift.tt/Yg0wmBC Read full article: The Next Web
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