California governor vetoes major AI safety bill

California governor vetoes major AI safety bill

Source: The Verge California Governor Gavin Newsom vetoed the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act (SB 1047). It would have applied to covered AI companies doing business in California with a model that costs over $100 million to train or over $10 million to fine-tune, adding requirements that developers implement safeguards…

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Wall Street week ahead: Jobs data, Jerome Powell’s speech, manufacturing & services PMIs in focus | Stock Market News

Wall Street week ahead: Jobs data, Jerome Powell’s speech, manufacturing & services PMIs in focus | Stock Market News

Source: Live Mint Wall Street in the week ahead is expected to be guided by several economic data such as jobs report for September, S&P manufacturing and services PMIs. The employment numbers could impact investors’ views on the Federal Reserve’s next move at its monetary policy meeting on November 6-7. Market participants will also closely…

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