The White House has moved to restrict foreign access to American artificial intelligence breakthroughs, setting new boundaries for the global AI market as U.S. tech companies face fresh limits on international deals. The directive, which orders federal agencies to shield private-sector AI innovations like military...
The White House says it has made it easier for small businesses to refinance debt. The Small Business Administration (SBA) announced a rule change Tuesday (Oct. 1) to its 504 Loan Program, which offers long-term, fixed rate financing for real estate and equipment with SBA-backed capital. “Coupled with...
The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target the de minimis exception that allows imported products to enter the United States without duties...
Apple has signed onto the Biden administration’s voluntary commitments regarding the safe development of artificial intelligence (AI), joining 15 other companies that have done so since last year. “Today, the administration announced that Apple has signed onto the voluntary commitments, further cementing these commitments as...
November 28, 2023
The very phrase artificial intelligence (AI) itself promises two things: intelligence and artificiality. And while it is the leverageable machine intelligence that businesses and organizations want, it is the inherent artificiality of the technical innovation’s AI productions that they have to deal with. This, as Merriam-Webster, the dictionary publisher, reported on Monday (Nov. 27) that 2023’s most looked-up word […]
October 01, 2024
The White House says it has made it easier for small businesses to refinance debt. The Small Business Administration (SBA) announced a rule change Tuesday (Oct. 1) to its 504 Loan Program, which offers long-term, fixed rate financing for real estate and equipment with SBA-backed capital. “Coupled with the recent Federal Reserve interest rate cut, SBA’s new rule will […]
September 13, 2024
The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target...
July 26, 2024
Apple has signed onto the Biden administration’s voluntary commitments regarding the safe development of artificial intelligence (AI), joining 15 other companies that have done so since last year. “Today, the...
June 13, 2024
President Joe Biden plans to nominate Christy Goldsmith Romero, who is currently a commissioner at the Commodity Futures Trading Commission (CFTC), to become chair and member of the Federal Deposit Insurance Corp. (FDIC)....