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White House releases AI legislation framework
- The White House released a new framework for national AI legislation Friday morning, focusing on protections for children and boosting the industry while calling for sharp limits on legal liability for developers and state laws that it says would slow down the technology's development. The Trump administration's legislative proposal emphasizes the need for Congress to establish a unifying federal approach to ...

Source: nbcnews.com
DIGITAL   BUSINESS   TECHNOLOGY  
Amazon Drafts AI Smartphone Strategy to Support Digital Services | PYMNTS.com
- Amazon is developing a smartphone that will integrate artificial intelligence capabilities and sync with the company's voice assistant Alexa , Reuters reported Friday (March 20), citing unnamed sources. Known internally as "Transformer," the phone will offer personalized features that will enhance the Amazon shopping experience and services such as Prime Video and Amazon Music , according to the report. Amazon's ...

Source: pymnts.com
US   BUSINESS  
Jury finds Elon Musk liable for misleading investors during Twitter purchase
- A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not "scheme" to mislead investors. The civil trial in San Francisco centered on a class-action lawsuit filed just before Musk took ...

Source: cbsnews.com
BUSINESS   TECHNOLOGY  
Uber, Rivian ink $1.25B deal to put thousands of robotaxis on US streets
- The two companies plan to deploy up to 50,000 fully autonomous Rivian R2 robotaxis exclusively through the Uber platform by 2031 Rivian and  Uber on Thursday announced a partnership worth up to $1.25 billion to accelerate the two companies' plans for autonomous vehicles and deploy up to 50,000 fully autonomous robotaxis in the years ahead. Under the agreement, Uber will invest up to $1.25 billion in Rivian ...

Source: foxbusiness.com