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A Senate Group Urges Spending $32 Billion in Emergency AI Development and Safety
A bipartisan quartet convened by Senate Majority Leader Schumer studied AI issues for a year and said the government should seize the opportunities and address the risks of the new tech.Inc. - Business -
KFC parent Yum Brands approves $2 billion in share buybacks
KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.MarketWatch - Business -
Trump Media Stock Rally Pushes Value of Trump’s Stake to $6 Billion
In their first few weeks of trading, shares of Truth Social’s parent company soared, then crashed, and have recently made a strong recovery. Former President Donald J. Trump’s holding is now worth about $6 billion.The New York Times - Business - Donald Trump -
Biden administration advances potential $1 billion weapons sale to Israel
The Biden administration informally notified Congress on Tuesday that it is continuing to advance a potential $1 billion weapons sale to Israel through the State Department review process, a U.S. official familiar with the process told NBC News.NBC News - Politics - Joe Biden -
AI Challenger Mistral Set to Nearly Triple Valuation to $6 Billion in Six Months
Mistral AI is close to raising roughly $600 million from investors including General Catalyst and Lightspeed.The Wall Street Journal - Tech - Artificial Intelligence