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Mark Zuckerberg Opposes Federal AI Watchdog in Call With Trump: Report
Benzinga13d agoneutral
Mark Zuckerberg Opposes Federal AI Watchdog in Call With Trump: Report

Meta Platforms Inc. CEO Mark Zuckerberg reportedly pushed back against a proposed national artificial-intelligence regulator during an August phone call with President Donald Trump, as the White House weighs a FINRA-style watchdog for frontier models. Zuckerberg Pushes Back On AI...

What We’ve Learned Since 9/11
Barrons.com15d agoneutral
What We’ve Learned Since 9/11

From an economic standpoint, the nation’s fiscal status has been turned upside down—from a federal budget swimming in surpluses to one deeply in deficit, despite the U.S. not being in recession or officially at war. Since then, the world has become even more dangerous, with the Iran war, Russia’s war on Ukraine, and China’s adventures in the Pacific. The Up & Down Wall Street written directly after the 9/11 attacks predicted a marked increase in spending for national security.

Mark Zuckerberg Opposes Federal AI Watchdog in Call With Trump: Report
Benzinga15d agoneutral
Mark Zuckerberg Opposes Federal AI Watchdog in Call With Trump: Report

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg reportedly pushed back against a proposed national artificial-intelligence regulator during an August phone call with President Donald Trump, as the White House weighs a FINRA-style watchdog for frontier models. Zuckerberg Pushes Back On AI Watchdog According to a Politico report on Thursday, Trump called Zuckerberg during the week of Aug. 17. Zuckerberg said he opposed the proposal but did not ask Trump to change his position. Instead, he sa

Why Nvidia Is the Big Winner From Broadcom Earnings
Barrons.com16d agoneutral
Why Nvidia Is the Big Winner From Broadcom Earnings

Score one to Nvidia The chip company emerged as the clear winner over rival Broadcom when it comes to the market reaction to their latest earnings report. It’s not that there was much wrong with Broadcom’s earnings. Nvidia’s projections were well ahead of what Wall Street analysts had penciled in.

Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform
Associated Press16d agoneutral
Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform

Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion. Nvidia CEO Jensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more than 3 million models, 500,000 data sets and 1 million applications. In July, the data processing systems of Hugging Face were hacked and ChatGPT maker OpenAI acknowledged that its artificial intelligence system was to blame, sending shock waves through the security community amid heightened concerns about the capabilities of powerful AI models.

Broadcom Q3 Earnings Call Highlights
MarketBeat16d agoneutral
Broadcom Q3 Earnings Call Highlights

Broadcom (NASDAQ:AVGO) reported record third-quarter fiscal 2026 revenue, operating income and free cash flow, driven by sharply higher demand for artificial intelligence semiconductors and custom AI accelerators. Revenue rose 86% year over year to $29.6 billion, while operating income increased 92

US judge rejects bid to break up Google's ad business
AFP17d agoneutral
US judge rejects bid to break up Google's ad business

A US federal judge on Wednesday refused to force Google to sell a division of its digital advertising business, rejecting the government's push to break up part of the company's ad empire.The decision is the second time in recent years that a federal judge has declined to dismantle a piece of Google's business, after a judge last year refused to force the sale of its Chrome browser in a separate monopoly case over online search.

How Mark Zuckerberg and Elon Musk made the case for AI at the G20 meeting
Yahoo Finance Video17d agoneutralVIDEO
How Mark Zuckerberg and Elon Musk made the case for AI at the G20 meeting

Yahoo Finance Fed Correspondent Jennifer Schonberger joins Market Domination host Josh Lipton to report on Meta (META) CEO Mark Zuckerberg and SpaceX (SPCF) CEO Elon Musk speaking on the projected benefits of AI, including job growth and boosting the global economy by 20 to 30%, at the G20 Innovation Ministerial in Chapel Hill, N.C.

Big Tech Is Incapable of Solving Its Own Problem, Says Mukunda
Bloomberg18d agoneutralVIDEO
Big Tech Is Incapable of Solving Its Own Problem, Says Mukunda

Bill Gates, the billionaire co-founder of Microsoft Corp., published a 6,000-word essay on Aug. 26 saying that he would slow the development of artificial intelligence if he could. He elaborated in an interview with the New York Times, saying "in private, people who understand how good this stuff is, and how much better it's getting, they're very worried" but few are raising the issues in public. The public is already convinced the tech industry can't be trusted with its own creations. Some legal news last week explains why. A bipartisan coalition of 51 attorneys general announced a proposed settlement with Meta Platforms Inc. that obligates the social media company that runs Facebook and Instagram to put tight restrictions on how children use its platforms. Gautam Mukunda, Lecturer at the Yale School of Management and Bloomberg Opinion contributor, joins Bloomberg Intelligence to discuss.

What CEOs Can Learn From the AI Backlash
The Wall Street Journal19d agoneutral
What CEOs Can Learn From the AI Backlash

My Journal colleague Tim Higgins in a column over the weekend explained how this happened. What about the Silicon Valley culture allowed tech CEOs to all miss the approaching backlash? Tim: Tech has become increasingly insular.

Jim Cramer Says Meta's $17 Billion Child Safety Settlement 'Could Have Been Disastrous,' Instead It's 'Barely Material to Earnings'
Benzinga19d agoneutral
Jim Cramer Says Meta's $17 Billion Child Safety Settlement 'Could Have Been Disastrous,' Instead It's 'Barely Material to Earnings'

CNBC host Jim Cramer said Meta Platforms Inc.‘s (NASDAQ:META) $17 billion child safety settlement will likely have a smaller financial impact than many investors expect, calling it “barely material” to the company’s earnings once spread over a decade. ‘It Could Have Been Disastrous’ Cramer said the settlement could end up being far smaller once spread over its full ten-year term, saying it is “not impactful” compared to what he originally feared. “It could have been disastrous,” he said in a pos

Meta’s Day of Reckoning
The Wall Street Journal20d agoneutral
Meta’s Day of Reckoning

Plus, gauging the effectiveness of school phone bans, how the fallen ‘Nostradamus of AI’ got to the top of tech, Nvidia wants to run the world’s robots and more.