Trump Rejects Calls for AI Regulation Amid Industry Fears Over Safety
Summary
Tech leaders debate AI safety, with Microsoft proposing a code of conduct and China focusing on political risks rather than existential threats. Markets reacted to surging oil prices, pushing 10-year Treasury yields above 5% and hitting chip stocks. Abbott agreed to a $385 million settlement over infant formula safety issues. Meanwhile, Democrats gain momentum for the midterms due to economic concerns, though they face significant funding disadvantages compared to Republicans.
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Headlines: AI safety, oil prices, and Abbott settlement
Tech leaders call for AI slowdown and Microsoft's code of conduct
Political debate on AI regulation and Trump's stance
Interview: China's focus on AI security and political risk
Markets: Chip stocks fall, 10-year yield hits 5%, oil rises
Abbott agrees to $385M settlement over baby formula
NYC council members call for YouTube ban in schools
Lawsuit over immigration rules and Trump Jr. wedding funding
Midterm elections: Democrat momentum and funding challenges
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