Search Results for "biden"
Biden-Harris Administration Secures AI Commitments from Major Tech Companies
The Biden-Harris Administration has secured voluntary commitments from eight more artificial intelligence (AI) companies to manage AI risks. The commitments emphasize safety, security, and trust, requiring AI products to undergo security testing, share information on risk management, prioritize cybersecurity, and develop mechanisms to inform users. The administration is developing an Executive Order on AI and pursuing bipartisan legislation to position America as a responsible AI developer.
NIST's Call for Public Input on AI Safety in Response to Biden's Executive Order
NIST is seeking public input to create AI safety guidelines following President Biden's Executive Order, aiming to ensure a secure AI environment, mitigate risks, and foster innovation.
Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets
The U.S. is contemplating tightening restrictions to prevent Chinese firms from accessing American AI chips via overseas outlets, reinforcing its stance on curbing China's AI military advancements. The move comes amid existing challenges in enforcing export controls, with the new rules expected to broaden the scope of restrictions on the AI chip market.
AI and Competition Policy: Insights from the White House Meeting
The White House meeting on competition policy and AI highlighted concerns about market concentration in critical AI components and its impact on small businesses. The discussion emphasized the need for fair competition and scrutinizing industry behaviors. The Biden-Harris Administration is committed to promoting competition and supporting small businesses in AI development.
President Biden Assets: Debt Deal Will Not Shield Crypto Traders
In a significant announcement on the last day of the G7 summit, President Joe Biden took a firm stance against the protection of "wealthy tax cheats and crypto traders" while potentially jeopardizing food assistance programs.
NVIDIA Launches the GeForce RTX 4090 D targeting China
NVIDIA's GeForce RTX 4090 D, launched for the Chinese market, combines advanced performance with U.S. export control compliance, marking a strategic global tech distribution move.
Treasury Secretary Yellen Highlights Economic Recovery and Addresses Financial Risks
Treasury Secretary Janet Yellen highlighted Biden Administration's economic achievements and ongoing financial stability efforts, focusing on banking, climate change, cybersecurity, AI, and digital assets in a testimony to the House Committee on Financial Services.
Biden To Name Crypto Critic Saule Omarova To Lead OCC
US President Joe Biden plans to nominate Saule Omarova to run the Comptroller of the Currency (OCC) Office. Omarova, a professor at Cornell University Law School, is known for her critical view of cryptocurrency and the financial sector.
Bitcoin Eyes $12K, Experts Say It Will Surge Regardless of US 2020 Presidential Election Outcome
Market experts have said that Bitcoin's price will be unaffected by the outcome of the US presidential elections.
Biden's Communications Director Restricted From Handling Crypto Firms
President Joe Biden's communications director, Ben LaBolt, will be barred from handling matters related to any cryptocurrency or technology firms he previously represented, but he will be allowed to advise on crypto regulation. LaBolt has disclosed owning $50,001-$100,000 in Bitcoin and $15,001-$50,000 in Ethereum 2. The restrictions are in line with ethics rules followed by senior White House staff.
US House of Representatives to Vote on Controversial SAB 121 Bill
US House of Representatives votes on Senate Bill 121, affecting cryptocurrency industry, potentially restricting banks' management and causing concentration risk, requiring Democrats' support.
Biden urges technology firms to prioritize safety in AI development
US President Joe Biden has called for technology companies to prioritize safety when developing and releasing artificial intelligence (AI) products. He acknowledged the potential benefits of AI in addressing global issues, but emphasized the need to address risks to society, national security, and the economy. Biden also urged Congress to approve non-partisan privacy laws that prioritize health and safety in product development.