Nvidia CFO Colette Kress says the US hasn't outlined its plan for a 15% China commission, Nvidia won't pay until it has it, and it can sell AI chips without it
And This Stock Has Exploded 125% Reuters : China chipmakers push to triple AI chip capacity, eyes Nvidia alternative Dan Gallagher / Wall Street Journal : Even Nvidia Has Speed Limits Marcus Schuler /...
Sources: the White House is finalizing EOs on drones that could end Chinese drone sales in the US, update federal rules on where drones can be flown, and more
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Senate hearing: Sam Altman says that requiring government approval to release AI would be “disastrous” for the US' lead in AI, a reversal from his 2023 comments
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Sources: Donald Trump is considering issuing an executive order once in office that would suspend enforcement of the TikTok sale-or-ban law for 60 to 90 days
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How an informal supper club became a US tech lobbying force, helping draft the TikTok bill; sources: the group plans to draft an EO to reverse Biden's AI rules
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Experts say forcing a TikTok US sale within 180 days, as the bill requires, would be too complicated and costly, and likely mean the app would be banned
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The EU's AI Act includes restrictions for foundation models, subjecting some proprietary models classified as having “systemic risk” to additional obligations
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Tech executives and officials detail how the Indian government used new rules, censorship, and law enforcement to break Twitter's resistance to takedown orders
Washington Post : X: @seemay . Forums: r/Twitter X: Seema Chishti / @seemay : How India tamed Twitter, set a global standard for online censorship This “escalating censorship is part of a wider campa...
Ahead of the UK's AI Safety Summit, attended by Elon Musk, VP Harris, and others, the UK highlighted doomsday scenarios while the US focused on tangible issues
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Sources: Biden is expected to sign an EO on October 30 requiring assessments of AI models before federal worker use, easing highly skilled immigration, and more
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