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🗞️ News

China Builds Legal Machinery To Flip Civilian Economy Into War Mode

Thu Sep-17 18:30:51regulatory65

China has enacted a revised national defense mobilization law enabling the redirection of civilian economic capacity and sensitive technology toward defense needs, raising geopolitical risks for US semiconductor and tech companies with exposure to the region.

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OpenAI CFO offers calming message amid AI slowdown fears

Thu Sep-17 17:41:11other65

OpenAI CFO Sarah Friar attempted to calm investor fears regarding a potential slowdown in AI development by emphasizing continued model optimization and disciplined spending rather than rapid frontier model releases.

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Intel Jumps 8%, SK Hynix Climbs 5% as Ohio Memory Talks Reignite; Micron Rises 6%

Thu Sep-17 15:51:10other65

Micron Technology shares rose 6% alongside Intel and SK Hynix on reports of early discussions between Intel and SK Hynix to produce memory chips in Ohio, signaling a broader rally in the memory sector.

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Human Assembly: Sanders, Bannon Call for AI Slowdown

Thu Sep-17 15:41:06regulatory65

Senator Bernie Sanders and Steve Bannon reportedly called for a slowdown in advanced AI development and potential international treaties to pause superintelligence, raising regulatory risks for major tech companies.

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Warsh spooks investors, OpenAI's 'concerning' incidents, Boeing's production problems and more in Morning Squawk

Thu Sep-17 14:00:38other60

The Federal Reserve raised interest rates by 25 basis points and Chairman Kevin Warsh's comments on inflation caused market volatility, while OpenAI disclosed concerning safety incidents.

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