Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning?
Category: US Government
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China AI chip market finds expansion paths despite US export restrictions
The U.S. imposed export restrictions of high-level AI chips to China last October, though Chinese companies are now finding new options to develop their technology.
Maine state treasurer to focus on handling abandoned cryptocurrency accounts
According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property.
Can blockchain solutions disrupt US inflation forecasting?
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science.
Biden AI executive order ‘certainly challenging’ for open-source AI — industry insiders
The executive order on AI safety from the Biden Administration has laid out its standards for the industry though its vagueness has raised concerns among the AI community over stifling innovation.
UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The second day of the UK AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk that discussed the future of the job market, China and AI as a “magic genie.”
NIST establishes AI Safety Institute Consortium in response to Biden executive order
Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.”
UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk
The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety and comments from Elon Musk.
Biden administration releases executive order for new AI safety standards
The U.S. government’s executive order establishes six new standards for AI safety and security and its intentions for ethical AI usage within the government.
US expands export controls for AI semiconductor chips to China
The expanded export controls of AI semiconductor chips include a new performance threshold, licensing requirements expansions and a notification requirement, among others.