All posts tagged: Intel Corp

Bezos defends billionaires, hypes AI, praises Trump on CNBC

Bezos defends billionaires, hypes AI, praises Trump on CNBC

Published by Sam Flores

Ultrabillionaire Jeff Bezos on Wednesday hyped artificial intelligence, blamed government meddling for economic woes and broadly defended himself and his megarich peers in an exclusive interview with CNBC. But the Amazon and Blue Origin founder, in a wide-ranging interview with Andrew Ross Sorkin, initially struck a populist tone, at times sounding more like some progressive Democrats than one of the most successful capitalists in history. “It’s kind of a tale of two economies,” Bezos told Sorkin at the start of the interview when asked about growing criticism toward billionaires. “You have a bunch of people in this country who are doing really well, but you also have a bunch of people in this country who are struggling.” He quickly backed a tax policy idea that echoes what some Democrats have proposed to court working-class voters: Eliminating income taxes for the bottom half of U.S. earners. “A nurse in Queens who makes $75,000 a year pays more than $12,000 a year in taxes,” Bezos said. “Does that really make sense?” Bezos’ alliance with the left didn’t …

Trump admin unveils national AI policy framework to limit state power

Trump admin unveils national AI policy framework to limit state power

Published by Sam Flores

U.S. President Donald Trump delivers remarks on artificial intelligence at the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters The Trump administration on Friday issued a legislative framework for a single national policy on artificial intelligence, aiming to create uniform safety and security guardrails around the nascent technology while preempting states from enacting their own AI rules. The six-pronged outline broadly proposes a slew of regulations on AI products and infrastructure, ranging from implementing new child-safety rules to standardizing the permitting and energy use of AI data centers. It also calls on Congress to address thorny issues surrounding intellectual-property rights and craft rules “preventing AI systems from being used to silence or censor lawful political expression or dissent.” The administration said in an official release that it wants to work with Congress “in the coming months” to convert its framework into a bill that President Donald Trump can sign. The White House wants to codify the framework into law “this year” and believes it can generate bipartisan …

Congress takes on Nvidia, White House in push for chip export limits

Congress takes on Nvidia, White House in push for chip export limits

Published by Sam Flores

Republican lawmakers are pushing to place limits on the ability of U.S. companies to sell advanced semiconductors to China — an effort that has run afoul of some key figures in the Trump administration. The effort also pits China hawks on the Hill against Nvidia CEO Jensen Huang, who has repeatedly made the pitch to lawmakers and government official that the more U.S. chips are used in China, the more U.S. companies will be a leader in the space. House Foreign Affairs Committee Chairman Brian Mast, R-Fla., is at the forefront of ensuring artificial intelligence and chips are being viewed as a national security asset — and he isn’t afraid to call Huang out directly. “The joke here is, Jensen wants us to trust the CCP,” Mast told CNBC in an interview, referring to the Chinese Communist Party. “Anybody watching this should laugh.” In the latest salvo, the House Foreign Affairs Committee advanced legislation that would allow Congress 30 days to review and block sales of advanced chips to adversarial countries — similar to the …

Dueling PACs take center stage in midterm elections over AI regulation

Dueling PACs take center stage in midterm elections over AI regulation

Published by Sam Flores

Assemblyman Alex Bores is interviewed on Monday, May 13, 2024, at the Capitol in Albany, N.Y. Will Waldron | Albany Times Union | Getty Images Two major AI PACs are facing off against each other in a New York congressional race — an early battleground for AI regulation that is set to pump hundreds of millions of dollars into the midterm elections. Jobs and Democracy PAC — the Democratic arm of a pro-AI regulation group — is launching a six-figure ad buy supporting Alex Bores, a New York assemblyman and driving force behind the state’s new AI law. The measure, named the RAISE Act, requires large AI developers to publish safety protocols and report serious misuse of their technology. Bores is facing a crowded field in the Democratic primary for New York’s 12th congressional district. Because of the makeup of the district, the winner of the Democratic primary is likely to win the general election. Bores was the target of another ad campaign launched last November from another AI PAC, Leading the Future, which is …

Why India joining this U.S.-led tech alliance could help supply chains

Why India joining this U.S.-led tech alliance could help supply chains

Published by Sam Flores

India is joining the U.S.-led Pax Silica initiative, giving Washington its biggest win yet in the race to shape and influence who has access to advanced semiconductors and AI infrastructure supply chains.  Pax Silica is the Trump administration’s effort aimed at securing the global supply chain for silicon-based technologies. India joins Japan, South Korea, Singapore, the Netherlands, Israel, the United Kingdom, Australia, as well as Qatar and the UAE, as core members. India’s participation, which will be formalized Thursday at the India AI Impact Summit in New Delhi, brings one of the world’s largest technology markets, and a member of the BRICS alliance, into Pax Silica at a moment when competition over AI hardware is intensifying across geopolitical blocs. “Pax Silica is really not about China, it is about America. We want to secure our supply chains,” Jacob Helberg, U.S. undersecretary of State for economic affairs, told CNBC in an interview on Wednesday.  “We view India as a partner to help de-risk and diversify those supply chains,” Helberg added.  Undersecretary of State Jacob Helberg Convenes …