Read The 14-Point US-Iran Draft Deal Set For Friday Signing

Bessent Says US, China To Launch AI Safety Talks After Trump-Xi Meeting In Beijing Authored by Tom Ozimek via The Epoch Times (emphasis ours), Treasury Secretary Scott Bessent said on May 14 that Washington and Beijing would begin formal discussions on artificial intelligence (AI) safety protocols following meetings between U.S. President Donald Trump and Chinese leader Xi Jinping in Beijing. Bessent’s comments come as the rival powers sought to stabilize ties strained by trade disputes, the Iran conflict, and AI competition. U.S. Treasury Secretary Scott Bessent arrives at Incheon International Airport ahead...

Musk's xAI Sues Colorado Over AI Law, Saying It Forces Developers To Back State's Views Authored by Tom Gantert via The Epoch Times (emphasis ours), Elon Musk's artificial intelligence company, xAI, filed a lawsuit on April 9 over a Colorado law it claims makes AI developers endorse “Colorado’s views on diversity, equity, and inclusion or face significant compliance costs and civil fines.” The chatbot Grok is the flagship product of xAI. Oleksii Pydsosonnii/The Epoch Times The company, whose flagship product is the chatbot Grok, named Colorado Attorney General Philip Weiser as the defendant. The...

Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case' Summary: Wall Street Desks Stunned  IBM Shares Crash Most On Record, Exceeding Dot Com & 1987 Crashes  CEO Arvind Krishna Blamed Preliminary 2Q Results on "Shifting" Customer CapEx Spending IBM's surprise second-quarter warning blindsided traders Tuesday morning, raising new concerns that enterprise technology budgets are being redirected toward AI infrastructure at the expense of traditional software and IT services. Shares plunged 24% in the first 20 minutes of New York trading. Should those losses hold through the...