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Trump signs AI executive order asking companies to give government early access to models

U.S. President Donald Trump points his finger as he signs an executive order on AI next to U.S. Senate Commerce Committee Chairman Ted Cruz (R-TX) and U.S. Commerce Secretary Howard Lutnick, in the Oval Office at the White House in Washington, D.C., U.S. Dec. 11, 2025. Al Drago | Reuters President Donald Trump on Tuesday signed an executive order asking companies to provide artificial intelligence models to the federal government to assess their capabilities ahead of a full release. The...

CNBC 8d 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

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

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

Pam Bondi puts Todd Blanche on the hook for ‘entire release’ of the Epstein files, transcript reveals

Pam Bondi puts Todd Blanche on the hook for ‘entire release’ of the Epstein files, transcript reveals The former AG says she wasn’t ‘placing blame’ on her successor after lawmakers accused her of throwing him under the bus - Bookmark Former Attorney General Pam Bondi said “I don’t recall” at least 34 times during her closed-door interview with members of Congress investigating Jeffrey Epstein, a transcript of the meeting reveals. Bondi, who was fired by Donald Trump in April, repeatedly told...

The Independent World 5d ago

Bill Gates faces House investigators over Jeffrey Epstein ties

House lawmakers are turning their focus to billionaire Microsoft founder Bill Gates as congressional investigators press ahead with their probe into Jeffrey Epstein and accomplice Ghislaine Maxwell. Gates will participate in a voluntary interview with the House Oversight Committee on Wednesday. Members on the panel are expected to pepper him with questions about his relationship with Epstein, which occurred years after Epstein’s 2008 prison term for soliciting a minor for prostitution.

Fox News 7h ago

Bill Gates faces House investigators over Jeffrey Epstein ties

House lawmakers are turning their focus to billionaire Microsoft founder Bill Gates as congressional investigators press ahead with their probe into Jeffrey Epstein and accomplice Ghislaine Maxwell. Gates will participate in a voluntary interview with the House Oversight Committee on Wednesday. Members on the panel are expected to pepper him with questions about his relationship with Epstein, which occurred years after Epstein’s 2008 prison term for soliciting a minor for prostitution.

Fox News Politics 7h ago

Public ownership of AI? US officials eye stake in tech revolution

From Washington to Brussels, the fight over who controls artificial intelligence is reaching a turning point, and history suggests the public has always had to wrestle essential technology from completely private control. What do AI mogul Sam Altman, Democratic Party firebrand Bernie Sanders and Donald Trump all have in common? All three want the public to have a stake in the AI boom.

Euronews 2d ago

Bill Gates faces questioning in US Congress over Epstein ties

Bill Gates faces questioning in US Congress over Epstein ties WASHINGTON: Microsoft co-founder Bill Gates was set to face questioning on Wednesday (Jun 10) from United States lawmakers over his relationship with late sex offender Jeffrey Epstein, whose network of wealthy and powerful associates has fueled years of scrutiny and conspiracy theories. Gates, one of the world's richest men and a leading philanthropist, was due to appear before the House Oversight Committee for a transcribed...

Channel News Asia 16h ago

Former Barclays CEO Jes Staley agrees to July 23 interview about Jeffrey Epstein by Oversight panel

Jes Staley, the former JPMorgan Chase executive and ex-Barclays CEO, has agreed to be interviewed on about his relationship with notorious sex offender Jeffrey Epstein on July 23 by the House Oversight and Government Reform Committee, a spokesman for the panel confirmed Sunday. The Financial Times first reported that Staley accepted the invitation for a voluntary transcribed interview extended to him three weeks ago by Oversight Chairman Rep. James Comer, R-Ky. The Oversight panel has been...

CNBC 10d ago