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Science/Tech / The Economic Times
President Trump signed an executive order Thursday to block states from creating their own AI regulations, citing concerns about stifling innovation and falling behind China. The order directs the Attorney General to challenge state laws and the Commerce Department to identify problematic rules, threatening to restrict funding for states with AI legislation.
Netflix has agreed to acquire Warner Bros. Discovery's TV, film studios, and streaming division for $72 billion, a deal that could reshape the global entertainment industry. Initially a fact-finding mission, Netflix recognized the strategic value of Warner Bros.' assets, including its extensive library and complementary business units. The acquisition followed an auction initiated by Warner Bros.
The New York Times has filed a lawsuit against AI startup Perplexity. The Times claims Perplexity copied and used its articles without permission for its AI products. This is part of a larger legal battle between publishers and AI companies. Perplexity faces similar accusations from other media outlets. The startup denies wrongdoing, calling the lawsuits an outdated tactic.
Tesla shareholders overwhelmingly approved Elon Musk's record-breaking $878 billion pay package, endorsing his ambitious AI and robotics vision. The vote allows Musk to pursue self-driving cars, a robotaxi network, and humanoid robots, despite concerns over his political rhetoric and potential conflicts with his xAI startup. This approval is seen as crucial for Tesla's future valuation and Musk's continued leadership.
Apple is set to integrate Google's powerful Gemini AI model into its Siri voice assistant. This move aims to enhance Siri's capabilities, addressing past limitations. The partnership involves a significant annual payment to Google. This integration is a temporary measure until Apple's own AI systems are ready. The deal signifies a major step in Apple's AI development strategy.