GoKawiil
Tech News
Ahead of a planned meeting in Washington between President Trump and Chinese leader Xi Jinping, AI governance is expected to be a key topic despite deep mutual distrust between the two nations. Both countries are simultaneously racing for AI dominance while acknowledging the technology's risks, with Trump previously suggesting that regulation could benefit China's competitive position.
European Commission President Ursula von der Leyen proposed granting Canada associate membership in the EU, a first-of-its-kind status meant to deepen ties as U.S. pressure pushes Ottawa toward Europe. President Trump called the plan a 'hostile act' and warned he would respond with additional tariffs on the bloc.
A new report from nuclear security specialists outlines steps the United States and China could take to prevent artificial intelligence from triggering catastrophic military escalation. The recommendations arrive just before a planned meeting between Presidents Trump and Xi, positioning AI safety as a topic for direct diplomatic engagement.
Senior Trump administration officials have been meeting nearly every day in recent months to discuss possible guardrails for artificial intelligence policy. The internal deliberations reflect competing views within the administration on how much federal oversight AI development should face.
OpenAI CEO Sam Altman will attend the White House state dinner marking Chinese President Xi Jinping's visit, according to CNBC. Nvidia CEO Jensen Huang is also expected to be present, as the Trump administration invites prominent tech executives to the event.
White House officials had drafted a preliminary framework for a FINRA-style body to oversee frontier AI models after Google DeepMind's Demis Hassabis proposed the idea in July. The plan collapsed after executives including David Sacks and Mark Zuckerberg lobbied Trump directly against it, leaving the proposal in limbo with no replacement under active consideration. Meanwhile Congress remains split among competing AI bills that lack sufficient votes to pass.
California's Public Utilities Commission is scheduled to vote on a resolution that would exempt broadband providers from the state's net neutrality law in order to accept $1.86 billion in federal BEAD broadband deployment funding. The Trump administration's NTIA has required all states receiving BEAD money to waive enforcement of net neutrality and rate regulation against participating ISPs statewide, not just in funded areas, for up to 14 years. California and Illinois are the last two states yet to finalize their BEAD funding agreements.
Sen. Richard Blumenthal told CNBC that new AI systems should undergo some form of independent review before hitting the market, warning that the U.S. risks 'losing control' of the technology. He has co-sponsored bipartisan legislation targeting AI safety risks while insisting regulation must not undermine American competitiveness against China.
At a closed-door gathering, a group of business executives reportedly described AI safety risks as genuine concerns rather than hype, and called on President Trump to pursue joint safeguards with China. The discussion reflects growing unease among corporate leaders about the pace of AI development outstripping regulatory and safety measures.
Investors are reportedly re-entering rare-disease drug stocks after the departure of stricter FDA regulators under the Trump administration. The shift in agency leadership has reduced concerns about tougher approval hurdles that had previously discouraged investment in this biotech segment.
The US Senate failed to muster the 60 votes needed to advance the Digital Asset Market Clarity Act, a bill meant to divide crypto oversight between the SEC and CFTC. Democrats blocked the measure over inadequate ethics provisions limiting officials, including President Trump, from profiting off crypto ventures while in office. Bitcoin, Ether, XRP, and Solana all dropped following the vote.
Billionaire investor Bill Ackman used a live appearance at the Fast Company Innovation Festival to reiterate views he previously expressed on social media, backing President Trump's military action against Iran and criticizing New York City Mayor Zohran Mamdani. Ackman argued that Mamdani's policies have driven away the city's most economically productive residents.