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Nvidia CEO Jensen Huang declines Warren’s request to testify at AI hearing

Nvidia CEO Jensen Huang has declined an invitation from Sen. Elizabeth Warren, D-Mass., to testify at a Senate committee hearing later this week about American AI development, NBC News has learned. Thursday’s hearing, held by the Senate Committee on Banking, Housing, and Urban Affairs, will examine AI’s role in American innovation, affordability and technological dominance. Warren had requested Huang’s attendance to learn more about Nvidia’s business in China and its approach to export...

NBC News 1d ago

Nvidia CEO Jensen Huang declines Senate testimony on AI, China and exports

Nvidia CEO Jensen Huang has declined an invitation from Sen. Elizabeth Warren to testify before the Senate Banking Committee this Thursday, as lawmakers increase scrutiny of the chipmaker's China business and its role at the center of the global AI boom. Huang's decision means one of the most powerful executives in AI will not appear at a hearing focused on American AI development, innovation, affordability and U.S. technological dominance. Warren, D-Mass., had asked Huang to testify about...

CNBC 1d ago

Sen. Warren calls for Trump to close "loophole" allowing AI chips to be sent to overseas units of Chinese firms

Sen. Warren calls for Trump to close "loophole" allowing AI chips to be sent to overseas units of Chinese firms WASHINGTON, June 1 : Democratic Senator Elizabeth Warren is calling on the Trump administration to close a "loophole" that has potentially allowed advanced American AI chips to be sent to overseas units of Chinese firms, according to a statement seen by Reuters. Warren, who serves as ranking member on the Senate Banking Committee, also urged Commerce Secretary Howard Lutnick to...

Channel News Asia 8d ago

Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales

Nvidia CEO Jensen Huang is being invited to testify before the Senate Banking Committee on June 11 as Sen. Elizabeth Warren, D-Mass., sharpens her focus on the chipmaker's China sales, export controls and role at the center of the global AI boom. "Appearing as a witness will give you an opportunity to testify about NVIDIA's views on U.S. export control laws and regulations and NVIDIA's business in China," Warren wrote in a letter first obtained by CNBC. She asked Huang to confirm his...

CNBC 5d ago

Scandal-plagued Platner captures Democratic Senate nomination

BLUE HILL, Maine — He's been facing one of the roughest stretches of his bid for the U.S. Senate, but Graham Platner on Tuesday captured the Democratic Party's Senate nomination. Platner, a military combat veteran and oyster farmer who is backed by progressive champions Sens. Bernie Sanders of Vermont and Elizabeth Warren of Massachusetts, and Rep. Ro Khanna of California, defeated two longshot rivals in Maine's Democratic Senate primary, the Associated Press reports. The embattled Platner,...

Fox News 5h ago

Senators blast Trump for allowing AI chips to be sent to overseas units of Chinese firms

Democratic Senators Elizabeth Warren and Andy Kim on Monday slammed the Trump administration for potentially allowing advanced American AI chips to ‌be sent to overseas units of Chinese firms, and called on Commerce Secretary Howard Lutnick to testify to Congress on the issue, according to a statement. In a surprise move, the Department of ⁠Commerce, which oversees US exports, on Sunday issued guidance to ‌close a potential loophole that may have led companies to export the world’s most...

South China Morning Post 8d ago

Democrats oppose Trump officials’ effort to include crypto in 401(k) plans

Change backed by labor department would expose workers to greater financial risk, letter shared with Guardian saysCongressional Democrats are strongly opposing a US Department of Labor proposal that would allow 401(k) investments to include cryptocurrency, private credit and private equity assets, arguing the change will expose workers to riskier and more complex investments. In a letter shared exclusively with the Guardian, Senator Bernie Sanders, Senator Elizabeth Warren and House...

The Guardian Business 7d ago

Sen Collins slams Bernie-backed Graham Platner as too far-left for Maine voters

BANGOR, Maine — Republican Sen. Susan Collins believes that Graham Platner, her likely Democratic challenger in November's midterm elections, is too extreme for voters in her New England state. But Platner, pushing an economically populist agenda as he takes aim at corporate influences and advocates for the working class, argues it's moderate Collins who is the "radical" one. With the support of Sen. Bernie Sanders of Vermont, Sen. Elizabeth Warren of Massachusetts and Rep. Ro Khanna of...

Fox News 16h ago

Sen Collins slams Bernie-backed Graham Platner as too far-left for Maine voters

BANGOR, Maine — Republican Sen. Susan Collins believes that Graham Platner, her likely Democratic challenger in November's midterm elections, is too extreme for voters in her New England state. But Platner, pushing an economically populist agenda as he takes aim at corporate influences and advocates for the working class, argues it's moderate Collins who is the "radical" one. With the support of Sen. Bernie Sanders of Vermont, Sen. Elizabeth Warren of Massachusetts and Rep. Ro Khanna of...

Fox News Politics 16h ago

Democrats oppose Trump officials’ effort to include crypto in 401(k) plans

Change backed by labor department would expose workers to greater financial risk, letter shared with Guardian saysCongressional Democrats are strongly opposing a US Department of Labor proposal that would allow 401(k) investments to include cryptocurrency, private credit and private equity assets, arguing the change will expose workers to riskier and more complex investments. In a letter shared exclusively with the Guardian, Senator Bernie Sanders, Senator Elizabeth Warren and House...

The Guardian World 7d ago