Calls for a slowdown in artificial intelligence development sparked a global sell-off in technology stocks on Monday, as investors fretted over the sustainability of spending in a sector that has driven financial markets to record highs. The tech-heavy Nasdaq Composite Index slumped roughly 1% in early trading, with the broader S&P 500 falling 0.6%. The blue-chip…
Washington — Bettina Anderson, the wife of the president’s son, Donald Trump Jr., took to Instagram Monday to confirm that Russian oligarch Umar Kremlev hosted some of their May post-wedding festivities on a private island in the Bahamas as “an extraordinarily generous wedding gift.” Her post comes after ProPublica published a story Monday morning with…
President Trump seemed to dismiss industry leaders’ concerns over the risks of rapid AI development, instead focusing on the U.S. tech race with China. Caitlin Huey-Burns has more. Source link
Washington — President Trump on Monday threw ice-cold water on the momentum for stronger guardrails around advanced artificial intelligence development, claiming the industry is already regulated and all that’s needed is a “SMART (HIGH IQ) PRESIDENT.” The president’s stance posted to Truth Social comes as Anthropic co-founder and CEO Dario Amodei, OpenAI CEO Sam Altman and…
The House is slated to recess at the end of this week through early November, but a group of House Democrats is calling on Speaker Mike Johnson to delay that recess until lawmakers pass AI safeguards. “Reasonable minds may disagree about precisely how Congress should regulate this rapidly evolving technology. We cannot disagree about the…
Céline Dion makes triumphant return to the stage after overcoming rare disorder – CBS News Watch CBS News Céline Dion, who stepped back from performing in 2022 after announcing a rare autoimmune and neurological disorder, returned to the stage over the weekend for her long-awaited comeback tour. Adriana Diaz reports. Source link
How a slowdown in AI development would impact markets – CBS News Watch CBS News Leaders in AI have explicitly warned that a lack of regulation on the industry could have dire consequences. CBS News business analyst Jill Schlesinger joins to discuss how a slowdown in development could impact stock markets. Source link
Axios co-founders Jim VandeHei and Mike Allen join “CBS Mornings” to talk about their new book, “Simplify: Do 50% More with 50% Less,” and offer tips for decluttering your work and life. Source link
Tech expert weighs in on Anthropic CEO’s proposal for AI safeguards – CBS News Watch CBS News The Atlantic CEO Nick Thompson joins “CBS Mornings” to discuss Anthropic CEO Dario Amodei’s warnings on AI developments and his proposal to safeguard the technology. Source link
Sweden faced political uncertainty Monday after an election thriller that saw the left-wing opposition hold on to a slim lead with votes still left to count. Sunday’s election also served up a surprise setback for the far-right Sweden Democrats, who lost ground for the first time since entering parliament 16 years ago. The leader of…
