Sen. Elizabeth Warren (Mass.), the top Democrat on the Senate Banking Committee, slammed Senate leaders Monday over the lack of ethics restrictions in a cryptocurrency regulation bill that is poised to hit the Senate floor in the coming weeks. Warren, a longtime crypto skeptic, raised concerns about President Trump’s recent financial disclosures, which showed he...
Prediction market users have wagered in excess of $197 million on midterm election results, according to NBC News. The outlet analyzed 1,408 open markets on Kalshi and Polymarket for its report, published on Friday. On both platforms, users can bet on a variety of topics, including sports, global events and political elections. As of Sunday...
Russia has used Japan as a base for tech and spying in its war against Ukraine, according to a new report from The New York Times. According to the Times report released on Sunday, some Russian spies ended up in Japan after getting kicked out of Western countries following the beginning of the war, per...
Political backlash to data centers is putting gubernatorial candidates in the hot seat as the presence of the massive AI infrastructure becomes a flash point in races up and down the ballot. Incumbent governors and hopeful challengers are forced to wrestle with Americans’ growing concerns around artificial intelligence, along with fears about energy prices and land...
Editor's note: This report has been updated to clarify details related to the Sora video generator. Facebook and Instagram parent company Meta took down a new artificial intelligence model from Instagram on Friday, just days after debuting this feature to immediate public backlash. The company advertised its Muse Image AI model on Tuesday as a...
A cryptocurrency regulation bill is facing a make-or-break moment as senators seek to resolve remaining policy disputes in the next four-week stretch, which experts warn is likely the last window to pass the legislation before the midterm elections. Bipartisan negotiations over the Clarity Act, which aims to provide a regulatory framework for the digital assets...
Apple is suing OpenAI, accusing the major AI firm and industry partner of attempting to access and steal confidential information about their tools, processes and unreleased products through job interviews with their employees. The lawsuit, filed Friday in a California federal court, accuses OpenAI and two former employees of stealing Apple’s confidential information and handing...
Top Senate Democrats slammed President Trump on Friday over the more than $1 billion in cryptocurrency-related income he reported last year, calling for investigations into the national security ramifications of the president’s digital asset holdings. The administration released Trump’s financial disclosures last week, showing he made about $594 million from World Liberty Financial, the crypto...
Goldman Sachs is placing restrictions on employee trading on some prediction markets, a source familiar confirmed to The Hill on Friday. Staff at the investment banking giant are permitted to place wagers related to sports and entertainment but are barred from trading on markets tied to specific companies, financial markets or election outcomes. Bloomberg first...
Several news outlets, including The New York Times, asked a judge Thursday to sanction OpenAI for allegedly withholding evidence in a copyright dispute with the ChatGPT maker. The newspapers, which have accused the AI firm of improperly using their copyrighted work to train its models, argue that OpenAI incorrectly claimed it could not search and...