AI Companies
Coverage of AI Companies in the Nexus archive.
- Big tech appears to change tune on AI eliminating jobs
Top AI companies are shifting their stance on mass layoffs as public perception of artificial intelligence becomes negative. Initially, the AI industry promoted AI technologies to businesses as beneficial for employers.
- Gov. Pritzker puts signature on Senate Bill 315, one of toughest AI laws in country
Illinois Gov. JB Pritzker signed Senate Bill 315, the Artificial Intelligence Safety Measures Act, which targets the most powerful AI companies in the country.
- $29 billion stock offering going live this week will test investor appetite for AI companies
A $29 billion stock offering for AI companies is set to test investor appetite this week, amid mixed market reactions and collapsing AI token prices due to customer dissatisfaction with high costs.
- OpenAI Offers US Government a $42 Billion Slice of Itself: Report
OpenAI is offering a 5% equity stake valued at $42 billion to the U.S. government. Sam Altman, OpenAI's leader, is advocating for other major AI companies to adopt similar measures.
- Cloudflare will filter out web crawlers that serve AI companies
Cloudflare will filter web crawlers used by AI companies to give websites more control over how their content is utilized by these firms.
- Creatives sound alarm on copyright as Pocock calls $50bn datacentre proposal ‘ultimate dirty deal’
Creatives in Australia demand assurances from the Albanese government that copyright laws won’t be weakened under a potential deal with tech giants. The proposal involves AI companies mining creative content in exchange for a $50bn datacentre investment and a $350m annual fund for artists.
- Creatives sound alarm on copyright as Pocock calls $50bn datacentre proposal ‘ultimate dirty deal’
Creatives in Australia are urging the Albanese government to avoid weakening copyright laws under a proposed deal with AI companies, which would allow content mining in exchange for over $50bn in datacentre investment and a $350m annual fund for artists. The proposal, presented to cabinet, includes granting AI firms special exemptions to access creative content, sparking concerns among artists.
- AI’s power crunch turns Bitcoin miners’ grid access into an asset
Bitcoin miners possess grid access that AI companies require, but repurposing their existing mining facilities into profitable data centers presents significant challenges. The transition from Bitcoin mining to data center operations is not straightforward despite the potential asset value of their infrastructure.
- Newsom urges a national ‘billionaires’ tax’ while fighting one in California
California Gov. Gavin Newsom is advocating for a national 'billionaires' tax' and proposes that the U.S. government should own a stake in AI companies. Meanwhile, he is opposing a similar tax at the state level in California.
- Mark Cuban said AI firms should spend billions to help cities hit by job losses as a 'cost of doing business'
Mark Cuban advised AI companies to spend billions to support towns and cities affected by AI-driven job losses, calling it a 'cost of doing business.' He criticized AI firms for failing to prioritize people and losing public relations battles, urging direct engagement with creatives and workers to address concerns.
- Jack Schlossberg built a sardonic social media campaign filled just to barely break 10% in Tuesday’s primary
Jack Schlossberg, a Kennedy family member and political newcomer, lost a crowded Democratic primary for a Manhattan congressional seat to Micah Lasher. The race drew attention due to Schlossberg's social media campaign and connections to the Kennedy dynasty, but he faced questions about his experience and professional background.
- Trump eyes AI riches with government stakes in top firms
President Trump is considering a plan that would give the U.S. government direct stakes in leading AI companies. The proposal involves providing the American public with shares, aligning Trump with some of his critics.
- UN chief calls on AI firms to 'come clean' on environmental costs
UN Secretary General Antonio Guterres urged AI companies to disclose the environmental impact of their systems during a climate conference in London. The article also notes Iran's rejection of a US claim regarding frozen Iranian assets being used to purchase American food and medicine.
- Nashville musician discovers AI companies using his songs without permission
Nashville musician Adam Paddock discovered 71 percent of his discography is being used by AI companies to train music generation models without permission. He found 48 of his songs included in a watchdog database, with no payment to artists, and noted independent musicians are disproportionately affected.
- ‘Make AI work for ordinary people’: Bernie Sanders wants to pay you $1,000 every year from a government stake in AI companies
Sen. Bernie Sanders proposed a plan to give Americans 50% ownership in major AI companies through the American AI Sovereign Wealth Fund Act, aiming to distribute annual $1,000 payments from a 5% dividend of AI company profits. The legislation would require AI companies with over $200 million in annual sales to separate their AI business and grant the government a 50% stake.
- Bernie Sanders is pushing to give the American public a 50% stake in top AI companies
Bernie Sanders is pushing to give the American public a 50% stake in top AI companies. His bill would create a $7 trillion fund through a one-time stock transfer from the largest AI firms.
- As AI companies race to go public, who else is along for the ride?
AI companies are racing to go public, and startups are attempting to follow SpaceX's IPO example. The article highlights a trend of companies seeking to capitalize on the public market wave.
- Debatable: Government stakes in AI
Sen. Bernie Sanders and President Donald Trump support a proposal for the federal government to gain public ownership stakes in AI companies through a one-time 50% stock tax, with proceeds placed in a sovereign wealth fund. The idea faces skepticism from some senators, who cite risks like conflicts of interest, stifled competition in government contracts, and concerns about government overreach into private companies.
- SpaceX to list on US stock market at historic $1.77tn valuation
SpaceX is set to go public on the US stock market with a $1.77tn valuation, marking the largest IPO in history. Elon Musk, as majority shareholder, could become the first-ever trillionaire if investor enthusiasm supports the valuation. The IPO is part of a predicted strong year for AI company public offerings.
- SpaceX is poised for blastoff with an IPO likely to break records
SpaceX, merged with xAI, plans to raise $75 billion in its IPO, marking the first of three major AI company IPOs expected this year.
- Trump memo on AI aims to avoid repeat of Anthropic debacle
Trump's National Security Presidential Memorandum on AI emphasizes collaboration with compliant AI companies and revises Biden-era military AI regulations to prevent a recurrence of the Anthropic incident.
- Is this the dawn of the Tokenpocalypse?
The article discusses potential price increases as major AI companies plan to go public. It suggests this could mark a significant shift in the market for AI-related assets.
- Washington wants to scrutinize the AI industry. The hard part is just beginning
Washington aims to scrutinize the AI industry, with proposed policy solutions ranging from voluntary compliance with the U.S. government to the nationalization of AI companies. The focus is on regulatory approaches to manage the AI sector.
- Former AI czar calls Sanders’ proposal for government equity a ‘stupidity tax’ and warns against nationalization as Trump mulls public stakes
Former AI czar David Sacks criticized Sen. Bernie Sanders’ proposal for 50% government ownership in AI companies as a 'stupidity tax' and warned against nationalization risks. President Trump suggested exploring a federal partnership with AI firms to distribute dividends to Americans, countering public fears of economic disruption.
- Bernie Sanders and Sam Altman’s private one-hour meeting about the public ownership of AI
Sen. Bernie Sanders proposed a plan for the public to own 50% of AI companies like OpenAI, using their stock to create a public wealth fund. OpenAI CEO Sam Altman met with Sanders to discuss public equity in AI companies but did not support the 50% threshold. President Donald Trump also endorsed the idea of public benefit from AI, highlighting growing political alignment around public ownership of AI's growth.
- I shaved my beard because I was worried it made me look older. Perception matters even more in the age of AI.
Israel Garcia, a tech consultant, shaved his gray beard to align his appearance with the image expected in AI and tech companies. He emphasized that perception, rather than age, influences hiring decisions in fast-moving industries, advising job seekers to ensure their appearance matches the message they want to convey.
- Trump says US may take equity stakes in AI companies
President Trump proposes the US may take equity stakes in AI companies to ease voter concerns about the technology ahead of November's midterm elections.
- Trump to meet AI leaders to discuss US investment in their companies
The US president said he expects to meet leaders of top AI companies next week to discuss US investment in their companies.
- Trump to meet AI leaders to discuss US investment in their companies
Trump, the US president, will meet leaders of top AI companies next week to discuss US investment in their companies.
- The Trump administration is in talks to take equity stakes in AI companies
The Trump administration is discussing taking equity stakes in AI companies. OpenAI CEO Sam Altman initially proposed the idea to President Donald Trump early in his term.
- AI Has Come for Serif Fonts
AI companies are adopting serif fonts to convey a more human image, despite criticism from some who label the trend as 'tasteslop.'
- AI, journalism and the uncertain future of the public square
The article discusses how AI companies are influencing the public square through their products, which are based on large-scale theft. This raises concerns about the future of public discourse in the context of AI and journalism.
- Sanders follows Trump toward government stakes in private firms
Sen. Bernie Sanders is proposing a bill to give the federal government a stake in leading AI companies, mirroring President Trump's approach of securing government stakes in strategic firms. The proposal faces criticism from lawmakers in both parties, with some calling it 'communist' and expressing concerns about government overreach in the private sector.
- News Wrap: Rubio tells Congress that Iran talks continue
Rubio addressed Congress about ongoing Iran talks, Israeli drone strikes in southern Lebanon resulted in at least 11 deaths, a Kenyan court extended a block on an Ebola quarantine facility for Americans, and Trump signed an executive order requiring AI companies to provide early access to models for national security assessments.
- Trump signs AI order after delay
US President Donald Trump signed an executive order requiring AI companies to provide the government early access to their models, with a 30-day voluntary review period instead of 90 days. The White House aims to strengthen cyber defenses as AI models become better at identifying software vulnerabilities. Anthropic will grant 150 entities in 15 countries access to its upcoming Mythos model to enhance their systems.
- Sanders: Give public 50 percent stake in AI companies
Sen. Bernie Sanders announced plans to introduce the AI Sovereign Wealth Fund Act, which would grant the public a 50 percent stake in large AI companies. The proposal aims to ensure public ownership in major artificial intelligence firms.
- Trump signs a scaled-back executive order on AI. Critics say it’s almost meaningless.
President Donald Trump signed an executive order on artificial intelligence requiring companies to voluntarily inform the federal government about new models 30 days before their release. Critics argue the order is almost meaningless.
- Trump signs executive order to review AI models before they’re released
President Trump signed an executive order establishing a voluntary framework for AI companies to share frontier models with the federal government before release, aiming to promote secure innovation and strengthen cybersecurity for critical infrastructure. The order acknowledges the success of the US AI industry through limited regulation but highlights emerging security risks.
- Trump signs AI safety order seeking voluntary review of new models
Trump signs an AI safety order requiring AI companies to voluntarily submit their most powerful models for government testing up to 30 days before public release. The order aims to ensure safety reviews for advanced AI systems.
- Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions
Goldman Sachs CEO David Solomon stated that markets are operating in 'greed' mode as AI companies aim to raise substantial funds. Investors are anticipating one of the most active equity issuance periods in recent years.