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Musk tells Jamie Dimon that America faces a catastrophic 'zero memory fab' crisis

SpaceX CEO Elon Musk recenlty virtually joined an event hosted by CEO Jamie Dimon at JPMorgan’s office in New York. Shared on social media platfrom X, the conversation between the two CEOs ranged from SpaceX’s financial trajectory to bold visions of lunar AI data centers and the looming semiconductor crisis in the United States. While Musk confirmed SpaceX’s decision to go public, he stressed that the lack of domestic high-volume computer memory manufacturing poses a far greater threat to...

Times of India 5d ago

Trump AI policy adviser Sriram Krishnan to leave position

A top White House artificial intelligence policy adviser on Saturday said he will leave his position at the end of June, marking the exit of a leading ‌figure helping craft policies for frontier technologies. “This journey has been the privilege of a lifetime,” the adviser, Sriram Krishnan, posted on social media. Krishnan did not give a reason for leaving, but wrote in the post he intends to help “tackle some of the large challenges facing America” related to AI.

South China Morning Post 3d ago

Sriram Krishnan, Trump's Indian-origin AI brain, to exit White House

TOI Correspondent from Washington: Sriram Krishnan, the Indian-born technology investor who helped shape the Trump administration's artificial intelligence strategy and became one of the most influential Silicon Valley voices inside the White House, announced Saturday that he will leave his post at the end of the month. Krishnan's departure marks the end of an unusual chapter that saw a Chennai-born immigrant become one of the principal architects of America's AI policy at a time of MAGA...

Times of India 3d ago

Here's why universal basic income would be a disaster for America’s future

Every generation faces a new technological revolution. Today it's artificial intelligence. Just 40 years ago it was the internet.

Fox News 8h ago

Amazon, Microsoft, Meta and OpenAI, 'your datacenter problems just got bigger '

Amazon, Microsoft, Meta and OpenAI may face new challenges in expanding their AI infrastructure projects. Nine major industry trade groups have sent a letter to the Trump administration warning that the rapid growth of AI data centres is straining global memory chip supplies. The coalition said the increasing demand for chips used in AI systems is beginning to affect industries ranging from automotive and healthcare to consumer electronics.

Times of India 6d ago

White House AI policy adviser Sriram Krishnan announces departure from role without giving reason

White House AI policy adviser Sriram Krishnan announces departure from role without giving reason His departure comes as the president looks at the possibility of the U.S. government acquiring stakes in AI firms - Bookmark - CommentsGo to comments A top White House artificial intelligence policy adviser, Sriram Krishnan, said on Saturday he will leave his position at the end of June, marking the exit of a leading figure helping craft policies for frontier technologies. "This journey has been...

The Independent World 3d ago

India leads among immigrant founders of US billion-dollar startups

Indian entrepreneurs have emerged as the largest immigrant group behind America's billion-dollar startup ecosystem, founding or co-founding 96 US unicorns, according to a new study that underscores the growing influence of Indian talent on the world's biggest innovation economy. The report by the National Foundation for American Policy (NFAP) found that immigrants have founded or co-founded 455 of America's 775 privately held startups valued at $1 billion or more, accounting for 59% of all...

Times of India 5d ago

Maine Democratic Senate candidate under scrutiny over explicit texts

Curfew in place to crack down on clashes outside immigration facility 02:01 Inside China's push for global dominance: Evs, robotics, AI, pandas 22:54 Trump to hold rally at ‘Great America State Fair’ after artists back out 01:27 Good News: First-generation college graduates thank their families 02:57 Top W.H.O. official in Ebola epicenter as deadly outbreak spreads 01:44 A.I. lobbyists in statehouses across the U.S. 03:36 Dueling protests face off at New Jersey ICE detention center over...

NBC News 9d ago

Fox News AI Newsletter: AI girlfriend dumps Hollywood filmmaker

IN TODAY'S NEWSLETTER:- Oscar-nominated filmmaker disappointed his AI girlfriend dumped him- AI layoffs may be backfiring on companies- Nvidia CEO Jensen Huang warns China has ‘all the chips they need’ despite US bansBAD BREAK-UP: Dating in the digital era isn't easy, as one Oscar-nominated filmmaker learned the hard way. Paul Schrader, the screenwriter of Martin Scorsese classics like "Taxi Driver" and "Raging Bull," revealed in a Facebook post that he had dabbled in developing an "AI...

Fox News Tech 19d ago

'Big Short' investor Michael Burry is not impressed with Anthropic valuation

America’s popular investor, Michael Burry who is also known for predicting the 2008 housing crash in the US has now cast doubt on the sky-high valuations of both Anthropic and SpaceX, warning that hype rather than fundamentals is driving investor enthusiasm. As reported by Business Insider, in recent Substack discussions, Burry said that he sees little justification for Anthropic’s nearly $1 trillion valuation, calling its AI model business “far too expensive” and unsustainable in the long...

Times of India 6d ago