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House to vote on bill to rein in AI data center utility costs
Source: CNBC
Original reporting
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BBC Business2 outlets
OpenAI boss says world 'right to be afraid' but 'should trust' AI firms
Sam Altman and other tech CEOs say there are incentives to limit advancements in AI, as fears grow over the threats it poses to humanity.
CNBC
BOJ expected to hike rates by 25 basis points to fresh three-decade high: CNBC survey
The BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.
CNBC
Inside South Korea’s university programs offering a direct route to Samsung and SK Hynix
Companies are helping universities develop courses, provide financial support and create pathways through which qualifying students can join them.
BBC Business3 outlets
UK in talks about joining global defence bank led by Canada
Exclusive: Britain is understood to have been formally invited to become founding member of multilateral lender John Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves rejected the move. The chancellor is understood to be actively considering a bid to join the proposed Canada-led defence, security and resilience bank (DSRB), which proponents say could help the UK fund defence projects at lower cost, before planned talks with his Canadian counterpart this week. Continue reading...
BBC Business
Why doomsday warnings are not the only threat to the AI juggernaut
The global AI race is being hit by very localised political and environmental concerns
CNBC
Why de-dollarization discussions are more talk, less action
BRICS leaders have asserted the need to use local currencies in intra-BRICS trade to cut dependency on dollar.