Skip to main content

Share story

Policy

White House advances industry-friendly AI policy agenda under David Sacks

The Trump administration is pursuing an industry-friendly approach to artificial intelligence regulation, with venture capitalist David Sacks leading policy development as AI and cryptocurrency czar. The White House has prioritized reducing regulatory barriers for AI development over imposing new safeguards. Sacks, who co-founded Craft Ventures and previously served as PayPal's chief operating officer, has advocated for light-touch regulation to maintain U.S. competitiveness against China. The policy direction represents a shift from the previous administration's emphasis on AI safety frameworks and executive orders addressing potential risks from advanced models. Industry groups have welcomed the approach, while some safety advocates have raised concerns about inadequate oversight of rapidly advancing AI capabilities.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from The New York Times and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital AI
Capital AI

Nevis raises $70M with Schwab joining wealth software investors

Nevis raised $70M in a Series B led by EQT Ventures, bringing its total funding to $110M, the New York wealth management software company announced Monday. Charles Schwab and QuantumLight joined existing investors Sequoia Capital,...

Robotics Capital
Robotics Capital

Bedrock Robotics raises $600M at a $4.1B valuation

Bedrock Robotics raised a $600M Series C at a $4.1B valuation, Bloomberg reported. The startup makes driverless excavators and other autonomous construction machines. The financing adds capital to a company developing autonomous ...

Capital
Capital

Matiks raises $10 million to expand puzzle games and game creation

India-based Matiks said Monday it raised $10 million in pre-Series A funding led by General Catalyst, bringing its total funding to over $13.5 million. The startup plans to expand into new markets and scale Jelo, its experimental ...

AI Products
AI Products

AWS makes GPT-6.1 Terra generally available on Bedrock

AWS announced general availability of OpenAI's GPT-6.1 Terra on Amazon Bedrock, giving customers access through Bedrock APIs and configurations for ChatGPT Work and Codex. The model accepts text and images and supports up to 1 mil...

AI
AI

OpenAI releases GPT-6.1 Terra at $1 per million input tokens

OpenAI has released GPT-6.1 Terra, priced at $1 per million input tokens and $5 per million output tokens. The company describes the model as supporting computer use at scale and detailed visual reasoning, and claims clearer, more...