Good morning. Do you know this old saying about conversation and promenade?
As some of the largest companies in the United States praise the efficiency and opportunities for artificial intelligence, they discreetly ask their legal services to list AI as a risk disclosed in their financial files. Three out of four companies listed in the S&P 500 have done so.
The concern does not stop there, by the way: one in 10 of these companies has also recognized in their deposits that they could never see the return on investment on their IA expenses. Bat M&A, I suppose.
Today’s technological news below. —Andrew Nusca
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The bills on the regulation of cryptography stumble at the US Congress
The Republicans led to a new series of new cryptography laws this week before a faction within the majority part in the American House of Representatives, suddenly derailed the procedure.
But Tuesday evening, US President Trump said he had entered into an unrecognized agreement with almost all of the dozen republican congresses – who had voted with the entire Democratic Caucus – to advance a set of laws that includes three cryptographic measures.
These measures – the clarity, engineering and acts of the CBDC surveillance state – include regulatory executives for digital assets and stabbed issuers as well as a prohibition of the federal reserve to issue a so -called digital currency from the Central Bank.
More than one republican representative who voted “no” said he was concerned about the fact that legislation has not sufficiently prohibited CBDC.
Supporters say that CBDCs are a more secure, effective and inclusive way to settle payments – for example, you would not need a money transfer operator (for example Western Union) to move funds through borders, and you could do so almost instantly.
Critics claim that CBDC would allow the federal government to infringe the privacy of individuals to monitor financial transactions with a level of granularity that it cannot in cash.
The Chamber will officially vote on bills today. -A
Apple Signs of signs to buy rare-terrain magnets from the American producer
Apple announced A commitment of $ 500 million At MP materials, the only rare land producer entirely integrated into the United States.
The multi -year agreement, which includes an initial payment of 200 million dollars, will see the magnets in Apple American manufacturing from the new MP manufacturing lines in Fort Worth, Texas, and collaborate on a peak recycling installation in Mountain Pass, California.
Neodymium magnets are the most used Rare Earth Magnet type on the planet and are essential for iPhones, Mac and Apple AirPods.
The agreement occurs while the rare land market faces the intensification of geopolitical opposite winds.
China currently controls more than 90% of the global capacity for production and refining magnets in rare earths, according to the New York TimesThis makes it a critical point of strangulation for the technological supply chains of the world.
In recent years, Beijing has demonstrated a desire to take advantage of its domination as a geopolitical tool, increasing the spectrum of export restrictions or price shocks during periods of commercial tension.
By investing massively in interior production and recycling, Apple essentially predicts its supply chain – obtaining legal access to critical components before the next global disturbance.
The initiative ends with the US investment plan of Apple $ 500 billion, which includes major expenses in semiconductors, IA infrastructure and the development of labor. —Dave Smith
The laboratory of reflection machines collects $ 2 billion
What is the old CTO Openai Mira Murati lately? Now we know.
Thinking machines lab, the startup I founded after leaving Openai last fall, said Tuesday That he collected some $ 2 billion among a range of high -level technological investors, including Andreessen Horowitz, Nvidia, Accel, ServiceNow, Cisco, AMD and Jane Street.
The financing is valued the company without product and without income at $ 12 billion.
To put this in perspective: it is an astonishing valuation for a company which has only five months, but half of the value of the Surerelligence Sure (SSI) founded by the former chief scientist of Openai Ilya SUTSKEV, one fifth of that of the former employees of Openai Dario and Daniela Amodei, the million dollars at the head of the head of the Openai direction.
The majority of employees of the laboratories of reflection machines come – you guessed it – Openai. (I think I take a trend here.)
In an article on social networks, Murati said that the company planned to share its first product “in the coming months”. She added that he would include “an important open source component” and would be useful to those that develop personalized AI models. -A
More technology
–Meta CEO Mark Zuckerberg: “The amount spent to recruit (talent of the upper AI) is still quite low compared to the overall investment.”
–Mistral releases VoxtralHis first family of AI open source audio models. (Think: multilingual transcription.)
–Former American army soldier linked to telecommunications hacks. Cameron John Wagenius pleads guilty to having more than 10 companies, including AT&T and Verizon.
–Google Power signs with Brookfield. Two 20 -year -old electricity purchase agreements for 670 (and up to 3,000) hydroelectric energy megawatts.
–Openai culture: “Ambitious”, “serious”, “secret” and “everything in” on the decisions taken quickly, according to a former engineer.
–Microsoft would use Chinese engineers To maintain American government systems.
–Roblox made its debut at the platform With Netflix, Lionsgate, more. Prepare for Foreign thingsUh, things on the game platform.
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