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Microsoft President Argues AI Less Regulated Than Washing Machines

Microsoft President Argues AI Less Regulated Than Washing Machines
Microsoft President Argues AI Less Regulated Than Washing Machines
October 12, 2026  |  Artificial Intelligence

Microsoft’s president says artificial intelligence now faces less regulatory oversight than appliances and dairy products. This lack of oversight underscores the urgent need for global...

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Amazon Weighs $7 Billion Purchase of AI Startup Decart
Amazon Weighs $7 Billion Purchase of AI Startup Decart
October 11, 2026  |  Artificial Intelligence

Amazon is reportedly in discussions to purchase artificial intelligence startup Decart in a roughly $7 billion deal. That’s according to a report Sunday (Oct. 11)...

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White House Says All AI Companies Must Report Security Incidents
White House Says All AI Companies Must Report Security Incidents
October 11, 2026  |  Artificial Intelligence

The White House is reportedly requiring artificial intelligence companies to report and correct security incidents. The mandate from the White House Super Intelligence Force came...

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Ramp Valued at $60 Billion Following New Funding Round
Ramp Valued at $60 Billion Following New Funding Round
October 11, 2026  |  Fintech Investments

Ramp has reportedly reached a $60 billion valuation with its newest funding round. That’s according to a report Friday (Oct. 9) by Bloomberg News, citing...

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CFTC Wants to Redefine Swaps to Include Prediction Platforms
CFTC Wants to Redefine Swaps to Include Prediction Platforms
October 11, 2026  |  Legal & Regulation

The Commodity Futures Trading Commission (CFTC) wants to define financial swaps to include event contracts based on sports, political, cultural and weather-related events. The regulator...

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Nvidia Looks to Purchase Open-Weight AI Firm Reflection
Nvidia Looks to Purchase Open-Weight AI Firm Reflection
October 11, 2026  |  Artificial Intelligence

Nvidia is reportedly in talks to acquire Reflection AI, a U.S. maker of open-weight artificial intelligence models. That’s according to a report Saturday (Oct. 10)...

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Microsoft CEO Calls for Safeguards Against Rogue AI
Microsoft CEO Calls for Safeguards Against Rogue AI
October 11, 2026  |  Artificial Intelligence

Microsoft’s CEO says companies should assume powerful artificial intelligence models could be compromised and create an “emergency brake” to rein them in. In comments posted...

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20% of Americans Behind on Loans, Fed Data Shows
20% of Americans Behind on Loans, Fed Data Shows
October 11, 2026  |  Consumer Finance

New Federal Reserve data shows wealth gains cooling among American families amid a spike in loan delinquencies. Released Friday (Oct, 9) the Fed’s latest Survey...

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