AI GOVERNANCE
Trump wants to stop states from regulating AI. This Utah Republican isn't listening
States are grappling with artificial intelligence regulation as the federal government resists. Lawmakers are proposing new rules for AI, focusing on child safety and disclosure of risks. Despite federal opposition, over a thousand AI-related bills are being considered across the country. Tech industry lobbyists are actively opposing these measures.
AI majors building India base in Bengaluru boosting space demand
Bengaluru is rapidly becoming a global hub for AI innovation as major tech companies like Anthropic and OpenAI establish new offices. European firm Mistral AI is also in talks to open a capability center, drawn by the deep engineering talent.
Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuation
US-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI startup at $1.5 billion. Strategic investors like Nvidia, Amazon, and HCLTech, alongside venture capital firms, are also participating in the round.
When AI runs the firm, who pays tax?
The rise of artificial intelligence is reshaping our governance and taxation landscape. With AI systems becoming increasingly self-sufficient, there's a pressing need to reevaluate existing legal frameworks. While the current productivity spike from AI is advantageous for many workers, the next generation of intelligent AI might necessitate a complete overhaul of our tax policies.
Bot or not: World ID 4.0, Sam Altman’s `proof of human' for the AI era
Sam Altamns's Tools for Humanity launched World ID 4.0, an enhanced, open-source human verification protocol. This upgrade introduces key rotation, multiparty entropy for improved privacy, and tiered verification options, including a new selfie-based check. Integrations with Tinder and Zoom aim to bring verified human identity to daily digital interactions.
US Justice Department refuses to assist French probe into Musk's X: Report
The US Justice Department has told French law enforcement it will not help with efforts to investigate tech billionaire Elon Musk's social media platform X, the Wall Street Journal reported on Saturday, citing a letter from the DOJ's Office of International Affairs, dated Friday.
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AI cannot replace human conscience in justice delivery: Karnataka CM Siddaramaiah
Karnataka Chief Minister Siddaramaiah urged caution regarding artificial intelligence in the justice system. He stressed that human empathy and moral reasoning are irreplaceable by algorithms. While AI can aid legal research and case management, it poses risks like algorithmic bias and opaque decision-making. Judicial independence must be preserved from technological dependence. Constitutional morality should guide AI adoption, not the reverse.
Govt sets up committee for expert advisory support to India's AI governance architecture
India's Ministry of Electronics and Information Technology has formed a new expert committee. This Technology and Policy Expert Committee will guide the AI Governance and Economic Group. The committee brings together academics and industry leaders. Their role is to offer technical and policy advice. This ensures informed decisions on AI regulations and global engagements.
White House and Anthropic CEO discuss working together amid rising fear about Mythos model
The meeting between CEO Dario Amodei and White House staff, which took place amid growing fears the AI startup's latest model will supercharge cyberattacks, suggests the two sides might be on a path to rebuilding trust.
Anthropic CEO to meet White House chief of staff amid Pentagon AI dispute: Report
Anthropic CEO Dario Amodei is slated to meet White House chief of staff Susie Wiles on Friday, in a sign of a breakthrough in the artificial intelligence startup's dispute with the Pentagon, Axios reported.
Elon Musk floats 'universal high income' to offset AI-led job disruption
Elon Musk suggests universal high income as a solution for job displacement due to artificial intelligence and robotics. He believes AI will boost production significantly, leading to abundance without inflation. Experts and netizens are reacting to this idea, with some seeing it as inevitable and others proposing alternative funding or restrictions on AI development to safeguard human life.
Is Anthropic's Mythos AI too powerful? Bankers and ministers get into a huddle and raise concerns - key points to know
Anthropic Mythos financial system risk: Global finance leaders are discussing Anthropic's new AI model, Claude Mythos. This advanced AI can identify system vulnerabilities. Finance ministers and central bankers are concerned about its potential impact on financial systems. Access to Mythos is restricted. Banks are urged to strengthen defenses. More such AI models are expected soon.
Legal checkpoints for AI agents now mission critical, say experts
Legal and policy experts are urging Indian regulators to move beyond broad AI principles and begin addressing the unique risks posed by autonomous AI agents. India currently has no dedicated law to govern AI agents that can act on their own and interact with other systems, leading to a yawning gap as companies rapidly deploy such tools across payments, banking and supply chains, they said.
India’s agentic boom tests regulators; Qcomm growth hits brakes
Happy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more in today’s ETtech Morning Dispatch.
India eyes US-led Pax Silica seed fund
India is keen on getting access to the US State Department's new $250 million Pax Silica seed fund designed to secure global supply chains for artificial intelligence, semiconductors and critical minerals, people in the know said. This was discussed among steps to operationalise the multilateral initiative during foreign secretary Vikram Misri's three-day visit to Washington DC last week, they said.
Centre forms nodal body to coordinate, develop AI governance norms
The Centre on Thursday announced the formation of the AI Governance and Economic Group (AIGEG) to lead the country's national AI governance strategy. Set to serve as a high-level inter-ministerial body, it will coordinate the development of AI policy across central ministries and institutions.
Google, Pentagon discuss classified AI deal: Report
Google is in talks with the Pentagon to deploy its Gemini AI models in secret government operations. The agreement aims to allow the Pentagon to use Google's artificial intelligence for all legal purposes. Google is seeking contract clauses to prevent its AI from being used for domestic surveillance or autonomous weapons without human oversight.
Bank of England says it is testing AI risks to financial system
The Bank of England is actively assessing artificial intelligence risks to the financial system. They are conducting simulations and working with global partners to understand AI's impact on trading. This proactive approach aims to address potential market stress. Meanwhile, the Treasury Committee urges faster action on regulating critical AI and cloud firms.
AI demand drives chipmaker TSMC's net profit to fresh record
Governments and tech giants are pouring hundreds of billions of dollars into building new data centres that can run and train AI tools such as chatbots, image generators and agents that can execute tasks. TSMC said its net profit for the first quarter of 2026 rose a whopping 58.3% from a year ago to NT$572.5 billion ($18 billion).
US Senator Warren voices concern over Nvidia's acquisition of Slurm
Senator Elizabeth Warren has raised concerns regarding Nvidia's acquisition of SchedMD. This move potentially grants Nvidia significant control over critical software powering US government supercomputers. Warren is seeking information on the extent of government dependency on Nvidia's technology. The acquisition could impact national security and competition in the high-performance computing sector.
Gujarat HC issues notices to Meta, X, Google over PIL seeking curb on misuse of AI
The Gujarat High Court has called upon major tech players including Meta, Google, X, Reddit, and Scribd to address the growing concern of AI-generated deepfake media. The court demands a solid regulatory framework to prevent misuse, urging these platforms to register with the Sahyog portal for efficient removal of harmful content.
AI ruling prompts warnings from US lawyers: Your chats could be used against you
Lawyers in the US are cautioning clients about using AI chatbots for legal matters. Recent court rulings indicate that conversations with AI like Claude and ChatGPT may not be protected by attorney-client privilege. This means sensitive case details shared with AI could be revealed to prosecutors or opposing parties in legal disputes.
Meet Thomas Zacharia, the man behind the machines powering AI
Thomas Zacharia, a Keralite, revolutionized global computing. He championed GPUs for supercomputers, leading to breakthroughs like Titan. His work paved the way for modern AI. Zacharia later oversaw Summit and Frontier, the first exascale supercomputer. Now at AMD, he builds AI systems, including the energy-efficient Helios platform. His journey reshaped an industry.
Mark Zuckerberg's surprising move inside Meta AI labs to take on rivals OpenAI and Google. Here's what the tech billionaire is doing
Tech billionaire Mark Zuckerberg has made a surprising move inside the Meta AI labs to take on OpenAI and Google. He is now sitting next to Meta AI chief Alexandr Wang and former GitHub CEO Nat Friedman and is busy coding all day. It shows how seriously he is taking Meta's bid to compete with rivals in the generative AI race.
Federal agencies skirt Trump's Anthropic ban to test its advanced AI model: Politico
US agencies quietly bypass Trump’s ban on Anthropic, as a Commerce Department unit tests its advanced AI model Mythos for hacking capabilities, according to a Politico report.
Anthropic appoints Indian-origin Novartis CEO Vas Narasimhan to its board
Anthropic’s Long-Term Benefit Trust is an independent governance body, designed to insulate key decisions as it scales its frontier AI systems. Narasimhan brings deep experience at the intersection of medicine, regulation, and global health. As the chief executive of Novartis, he has overseen the development and approval of more than 35 novel medicines.
Oracle stock surges 5% - what's driving the bullish sentiment? Key points for investors
Oracle stock is rising fast because of its strong push into AI and cloud business. New AI tools, big data center plans, and support from major companies are boosting investor confidence. The company is growing well, but high debt and big spending remain risks. Traders are watching closely as the stock shows strong upward momentum in the market.
LinkedIn AI training jobs could pay up to Rs 14,000 an hour: Who can apply, how it works
LinkedIn is testing an AI jobs marketplace that could let users earn up to $150 an hour training chatbots, according to Business Insider. The platform is rolling out early listings, eligibility checks, and AI-led screening to match users with paid training projects.
OpenAI to open first permanent London office in 2027
OpenAI is establishing its first permanent office in London. This expansion aims to meet growing demand and build the company's largest research hub outside the United States. The new office, set to open in 2027, will accommodate 544 team members. This move comes despite OpenAI pausing a data center project in Britain due to regulatory and energy cost concerns.
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