Key Events This Week: FOMC Minutes, Umich, And FOMC Speakers Galore

FTC Launches 'Rogue AI' Probe Of OpenAI, Anthropic - And Takes Aim At Their Regulatory Moat The Federal Trade Commission (FTC) is launching a sweeping, aggressive probe into top frontier labs like OpenAI and Anthropic. However, the investigation goes far beyond simply asking questions about autonomous software run amok, and its chairman has made clear he won't let Silicon Valley use recent AI failures to build an insurmountable regulatory moat. According to administration officials who spoke to the New York Post, FTC Chairman Andrew Ferguson is preparing to hit tech executives...

'Coordinated Cyberattack' Hits More Than 30 Minnesota Water Systems Authored by Owen Evans via The Epoch Times, A “coordinated cyberattack” targeted more than 30 community water systems ‌in Minnesota on July 26 and July 27, the state’s information technology agency said in a statement. Minnesota IT Services (MNIT) stated on July 28 that it activated its incident response capabilities immediately after learning of the attack. MNIT stated that an investigation remains active, and responders continue to “assess affected systems.” “At this time, they are not aware of any active requests from Minnesota cities...

President Trump on Thursday again said he was delaying his plan to order major strikes on Iran’s power plants, claiming that negotiations with Iran were going well despite Tehran’s continued insistence that talks with the US aren’t even happening. “As per Iranian Government request, please let this statement serve to represent that I am pausing […]