The White House has reportedly given its artificial intelligence task force 120 days to report on the risks and potential rewards of the technology. That’s according to a report Saturday (Oct. 3) from The Wall Street Journal (WSJ), citing comments by Jay Clayton, the director...
The economy has a growing collection of oddly named consumers. One has two incomes, no children and a dog. Another earns plenty but has yet to build much wealth. A third is old enough to remember dial-up internet and young enough, apparently, to spend heavily...
The former leader of artificial intelligence policy at the White House’s Office of the National Cyber Director, Thomas Lind, joined OpenAI, The Information reported Friday (Oct. 2), citing the head of OpenAI’s national security policy team. Lind joined OpenAI this week and will lead cyber...
Artificial intelligence agents add information to a card payment that merchants, issuers and networks don’t routinely exchange today: what the consumer authorized the agent to do and whether the transaction falls within that authority. EMVCo is developing a technical framework for carrying that information through...
Stablecoins are technically capable of eliminating one of global manufacturing’s oldest financial inefficiencies. The simple, persistent, and compounding friction of money that spends too much time traveling. But turning a three-day supplier payment into a three-minute one exposes a different bottleneck. The money can now...
Amazon Web Services (AWS) has announced the public preview of an artificial intelligence-powered service that analyzes the user’s AWS cloud environment and recommends ways to improve its cost, security, performance and resilience, AWS said in a Thursday (Oct. 1) blog post. Dubbed “AWS Well-Architected Agent,”...
Wall Street banks are accelerating artificial intelligence hiring as they shift from chatbots to AI agents. Hiring is expanding beyond model builders to engineers who put agents to work across trading desks, compliance units and back-office operations. AI-related job postings at banks including JPMorgan Chase,...
A mechanic at a Ford dealership who has never pulled the engine from a Super Duty pickup can now follow instructions from artificial intelligence (AI) through the job. Removing the engine alone takes about two days, Ford CEO Jim Farley said at a media roundtable...
With federal artificial intelligence regulation tied up in Congress, Maryland Gov. Wes Moore is spearheading a bipartisan effort among state leaders to fill the void. Moore, who also serves as chair of the National Governors Association, is working with Co-Chair Gov. Mike Braun of Indiana...