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19.09.26 - 06:03
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Newsom Whips Out Wiener′s Dystopian "AI Kill Switch" Bill He Vetoed In 2024 (ZeroHedge)
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Newsom Whips Out Wiener's Dystopian "AI Kill Switch" Bill He Vetoed In 2024
Gavin Newsom spent Friday morning getting in on the scramble to control AI. Executive Order N-9-26 "advances the creation of an AI kill switch" and tells California to hustle on third-party oversight of frontier labs. All he had to do was dust off Scott Wiener's kill switch bill he vetoed two years ago after the industry pushed back.
SB 1047, Wiener's 2024 bill, would have made large-model shops test for catastrophic harm, keep a shutdown capability for systems they still controlled, and sit through annual outside audits. Newsom called it well-intentioned and too blunt. Yet a model size threshold, he said, would miss smaller models and kneecap the companies that live in California. OpenAI, Google, and Meta had been saying the same thing into every open microphone in Sacramento.
What he signed instead, in 2025, was SB 53: safety frameworks on the website, transparency reports at launch, whistleb...
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18.09.26 - 20:48
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Meta Platforms Just Ripped 23% in a Month: Take Profits, or Buy More? (24/7 Wall St.)
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Meta Platforms (NASDAQ:META) stock is up 23% over the past month and trades at $670.52, even after slipping 2% in Friday afternoon trading. The one-month move stands out because it comes without a sector lift and without matching moves in the closest mega-cap peers. The Invesco QQQ Trust (NASDAQ:QQQ) is essentially flat over the past […]...
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18.09.26 - 18:09
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The Walt Disney Company Names Karandeep Anand to Newly Created Role of Chief Technology Officer (Business Wire)
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Anand, CEO of Character.AI and former technology leader at Meta and Microsoft, will help Disney advance its tech strategy and strengthen how it serves fans worldwideBURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) today announced that Karandeep Anand will join the company as Senior Executive Vice President and Chief Technology Officer, a newly created position, effective October 2. Anand, who most recently has served as CEO of Character.AI, will report directly to Disney Chief Executive Officer Josh D'Amaro.
“Karandeep brings a rare mix of experience across infrastructure, consumer technology and AI, and will be a vital addition to Disney's senior leadership team as we further our three priorities: great storytelling as our North Star, technology in service of creativity, and operating as One Disney," said D'Amaro. “He is an expert builder and strategist, technical and product-minded, with sharp instincts for what fans actually want. He also has real enthusiasm and respect...
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18.09.26 - 17:54
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Meta Platforms Has a Secret Weapon No One Is Talking About (24/7 Wall St.)
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Meta Platforms (NASDAQ:META) has staged a quiet comeback. Shares are up 24.34% in the past month as Wall Street reawakens to the AI story. The catalyst: Muse is already the #1 app in the App Store just one week after launch, and it is still U.S. only. Meta's 3.60 billion daily active people across Facebook, […]...
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18.09.26 - 17:48
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Meta Is About to Become Mega Cloud Operator (24/7 Wall St.)
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The headline number for long-term Meta Platforms (NASDAQ:META) shareholders is a spending line. And it just got bigger. Anchor Number: $130 Billion to $145 Billion $130 billion to $145 billion. That is Meta's full-year 2026 capital expenditure guidance, including principal payments on finance leases, as narrowed from a prior $125 to $145 billion range in the […]...
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