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OpenAI Appoints Former NSA Chief to Board of Directors

OpenAI, the troubled startup behind the popular AI chatbot ChatGPT, has announced the appointment of retired U.S. Army General and former NSA director Paul Nakasone to its board of directors, claiming he will use his extensive experience in cybersecurity to protect the company’s cutting-edge technology. Bloomberg Reports OpenAI said in a statement Thursday that General […]

FAA chief admits agency was 'too hands-off' before Boeing door blowout

The head of the Federal Aviation Administration (FAA) said Thursday that the agency was “too complacent” in regulating plane makers until a door blew off a Boeing plane in January, sparking a weeks-long investigation into the company’s manufacturing safety. FAA Administrator Michael Whitaker said at a Senate Commerce Committee hearing on Boeing that the agency […]

Biden taps new FDIC chief after sexual harassment scandal

President Biden announced on Wednesday that he will nominate Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero to lead the Federal Deposit Insurance Corporation (FDIC), replacing current FDIC Chairman Martin Gruenberg, amid an ongoing controversy over workplace misconduct. Romero has served as director of the CFTC, which oversees U.S. commodities and derivatives markets, since […]

DOJ to scrutinize Big Tech’s AI dominance ‘with urgency,’ antitrust chief says

Jonathan Cantor, the Justice Department’s antitrust director, said he was considering possible enforcement actions against large artificial intelligence companies to ensure fair competition in the tech sector. The Department of Justice is actively investigating “monopoly bottlenecks and the competitive landscape” in AI. Kanter told the Financial Times:. Authorities have expressed concern that tech giants such […]

UN Chief Calls For Governments To Censor Fossil Fuel Advertisements

United Nations Secretary-General António Guterres called for governments to ban fossil fuel advertising during a Wednesday speech at the Museum of Natural History in New York City. Guterres, who has served as Secretary-General of the UN since 2017, compared the fossil fuel industry to Big Tobacco and claimed a ban on advertising for fossil fuel […]

Immigration surge could add to Social Security coffers, budget chief tells lawmakers

“We project that the immigration surge from 2021 to 2026 will generate roughly $1 trillion in additional revenue over 10 years,” Congressional Budget Office (CBO) Director Philip Swagel told lawmakers at a hearing on Tuesday. Members of the House Ways and Means Committee on Social Security convened to examine the current financial status and projections […]