{
AI & Automation Regulations

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}
california considers excluding tesla from new electric vehicle subsidy program
California Governor Gavin Newsom may exclude Tesla from a revived EV subsidy program if the federal $7,500 tax credit is eliminated, partly due to Elon Musk's criticisms of the state and his relocation to Texas. While Tesla's Fremont factory supports local jobs, the state could aim to encourage new EV manufacturers or set limits on subsidies for established companies. The decision could hinge on various factors, including sales performance and company policies, but the exclusion of Tesla could also frustrate consumers who prefer its vehicles.
CleanTechnica
United States Dollar Tesla, Inc. USA Elon Musk Gavin Newsom Wilber Pan Show more
Technology & Innovation, Blog Post
05:57 26.11.2024
Trump administration may disrupt defense contracting with tech-focused approach
The incoming Trump administration's ties to tech billionaires like Elon Musk may disrupt traditional Pentagon procurement practices, shifting from a "cost plus" to a "cost minus" model. This transition could favor newer, tech-driven defense contractors, although significant challenges remain in integrating commercial innovations with military needs. Despite optimism, the military's extensive requirements often clash with the agile solutions offered by startups, highlighting a cultural divide that persists in defense procurement.
SpaceNews
United States Dollar SpaceX Palantir Technologies Inc. USA JD Vance Frank Backes Peter Platzer Elon Musk Peter Thiel Palmer Luckey John T. Raymond Gabe Dominocielo Show more
Technology & Innovation, News Article
13:56 25.11.2024
US to cut Intel federal chips grant below 8 billion dollars
The U.S. government plans to cut Intel's preliminary $8.5 billion federal chips grant to below $8 billion, influenced by a $3 billion Pentagon contract for chip production. This adjustment follows President Biden's announcement of nearly $20 billion in grants and loans to enhance domestic semiconductor manufacturing under the 2022 CHIPS and Science Act.
Moneycontrol
United States Dollar Pentagon Intel USA Joe Biden
Technology & Innovation, News Article
03:24 25.11.2024
vidia ceo calls for global cooperation amid us china tensions
Nvidia CEO Jensen Huang emphasized the importance of global cooperation during his visit to Hong Kong, amid rising tensions between the US and China as President-elect Donald Trump prepares to take office. Huang's company produces leading AI accelerators, yet American officials have restricted the sale of advanced semiconductors to China to prevent the nation from enhancing its chip capabilities, which are viewed as potential military threats.
Bloomberg.com
United States Dollar NVIDIA Corporation USA CHN Jensen Huang Donald Trump
Technology & Innovation, News Article
04:18 23.11.2024
regulators urged to balance ai risks with innovation opportunities
Federal Reserve Governor Michelle Bowman highlighted the importance of balancing regulation and innovation in artificial intelligence. While acknowledging the associated risks, she cautioned against hasty regulatory measures that could hinder technological advancement and distort competition within the banking sector.
Bloomberg.com
Federal Reserve USA Michelle Bowman
Technology & Innovation, Transcript
00:15 23.11.2024
Amazon invests 4 billion in Anthropic to enhance AI cloud capabilities
Amazon has doubled its investment in Anthropic to $8 billion, positioning itself as a key player in the AI landscape and establishing AWS as Anthropic's primary cloud partner. This partnership will leverage Amazon's custom-designed chips for AI model training and deployment, enhancing cost-effectiveness and scalability for enterprise customers. As AI adoption accelerates, this strategic move could reshape the competitive dynamics in cloud AI services, potentially positioning Amazon for long-term success against rivals like Microsoft and Google.
VentureBeat
United States Dollar Microsoft Corporation Amazon.com, Inc. Google Inc. Pfizer Inc. USA Show more
Technology & Innovation, Market Report
23:56 22.11.2024
health technology innovations transforming us healthcare by 2025
In 2025, the U.S. healthcare landscape is set for transformation through advancements in telemedicine, AI, and enhanced cybersecurity, driven by government support and simplified regulations. These innovations aim to improve accessibility, efficiency, and patient outcomes, particularly in underserved areas. The digital health market is projected to reach 2.9 billion users by 2027, reflecting a significant shift towards a more integrated and secure healthcare system.
Yahoo Finance
United States Dollar USA
Technology & Innovation, Press Release
11:00 22.11.2024
cyber attacks from russian hackers threaten nordic banks financial stability
Cyber attacks linked to Russian hackers are identified as the primary threat to financial stability in the Nordic region, according to Ulrik Nodgaard, deputy governor of the Danish central bank. He emphasized the need for financial institutions to brace for an ongoing "arms race" against cybercriminals, as major banks like Nordea have faced daily disruptions to their websites for weeks.
Bloomberg.com
Nordea Bank Abp DNK
Technology & Innovation, News Article
08:40 22.11.2024
HCLTech poised to navigate potential US visa policy changes effectively
HCLTech is well-prepared to navigate potential U.S. visa policy changes, with around 80% of its U.S. workforce being non-visa dependent, according to Morgan Stanley. The company has expanded its nearshore centers to further mitigate visa-related risks amid concerns over stricter H-1B visa scrutiny under the Trump administration. HCLTech shares have risen 25% year-to-date, outperforming the Nifty 50, with a current target price of Rs 1,970.
Moneycontrol
United States Dollar HCLTech IND
Technology & Innovation, Market Report
05:57 22.11.2024
electric vehicles drive decline in gasoline consumption in china
Electric vehicle sales in China are significantly impacting gasoline consumption, which has declined in recent months. The US Energy Information Administration attributes this trend to increased EV sales, slow economic growth, and a declining population, leading to reduced forecasts for petroleum demand in the coming years. As electric vehicles gain market share, the future of gasoline consumption in China appears increasingly uncertain.
CleanTechnica
United States Dollar Chinese Yuan International Energy Agency US Energy Information Administration Opec Oxford Economics Ltd. Google Inc. USA CHN Jeff Barron Show more
Technology & Innovation, Blog Post
05:50 22.11.2024
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