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Senate passes GENIUS stablecoin bill in a win for the crypto industry

theverge.com Tina Nguyen 2025-09-09 14:48:00

is a senior reporter for The Verge, covering the Trump administration, Elon Musk’s takeover of the federal government, and the tech industry’s embrace of the MAGA movement. In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar.

Topics: act crypto genius industry trump
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The FDA Is Already Outsourcing Drug and Food Analysis to Error-Plagued AI Chatbot

futurism.com Unknown 2025-09-15 08:08:05

Image by Getty / Futurism In case you haven't had enough about artificial intelligence, the US Food and Drug Administration is now outsourcing its oversight duties to a large language model (LLM.) In an article published in the Journal of the American Medical Association (JAMA), FDA bureaucrats Marty Makary and Vinay Prasad — the latter of whom is a noted critic of COVID mask mandates and vaccine boosters — laid out a five-point list of priorities that the federal agency is hoping to tackle. A

Topics: ai drug elsa fda industry
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Google DeepMind CEO Says AI Will Let Us "Colonize the Galaxy" Starting in Five Years

futurism.com Unknown 2025-09-17 12:29:14

In the age of artificial intelligence, CEOs have ranked among the tech's biggest cheerleaders. Drawing on sci-fi tropes and ill-defined industry terms, the pitch usually involves a confident prediction, like that humans and AI will learn to live in "peaceful coexistence" — just imagine the alternative! — and an arbitrary timetable, like that AI will result in a doomsday scenario by 2027 (unless, that is, lawmakers give these massive tech firms carte blanche to do whatever they want.) And unlik

Topics: agi ai hassabis industry tech
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CalArts launches D.R.E.A.M.S. program to train students in location-based entertainment

venturebeat.com Dean Takahashi 2025-06-03 09:30:00

The California Institute of the Arts (CalArts) has launched the D.R.E.A.M.S. (Digital Research Entertainment Arts Media Storytelling) Initiative supported by a gift from Tom Dolan and the Dolan Family Foundation. The initiative is intended to prepare students for dynamic careers in the rapidly growing industry of location-based entertainment (LBE)—the creation of unique immersive experiences designed to entertain and educate visitors. The Dolan Foundation was drawn to CalArts in part because t

Topics: calarts dolan industry initiative students
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