Chance of AI market correction is ‘pretty high,’ says ex-Meta exec Nick Clegg as he pushes back on superintelligence

File: Meta President Global Affairs Nick Clegg speaks during a press conference at the Meta showroom in Brussels on December 07, 2022. Kenzo Tribouillard | Afp | Getty Images The chance of a market correction in the artificial intelligence sector is “pretty high,” former Meta executive and British politician Nick Clegg warned on Wednesday, as […]

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U.S. federal AI regulation is on the way, Sen. Marsha Blackburn says, regardless of big tech opposition

As U.S. states start to react to growing constituent concerns around the risks associated with artificial intelligence use, Tennessee Sen. Marsha Blackburn said moving forward with a federal preemption standard is “imperative.” Earlier this week, California Gov. Gavin Newsom signed a series of bills focused on those concerns — while also vetoing some strict AI […]

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The Abu Dhabi investor that’s funding AI while trying to save TikTok — with help from Trump

UAE National Security Advisor, Sheikh Tahnoon bin Zayed Al Nahyan meets with U.S. President Donald Trump in the White House on March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social As artificial intelligence startups raise increasingly large sums of cash to fund their swelling infrastructure needs, they’re turning to strategic partners like Nvidia […]

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Nscale eyes IPO amid fresh $14 billion deal with Microsoft

Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale AI cloud company Nscale is eyeing an IPO, the company confirmed to CNBC Wednesday as it announced a $14-billion deal with U.S. tech giant Microsoft. The London-based company, which provides technology infrastructure to help AI scale, has “public market ambitions” which could be realized in the “back […]

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