EPA Seeks to Repeal Obama-Era Findings Justifying Car Emission Regulations
'The EPA has sent to the Office of Management and Budget a proposed rule to repeal the 2009 endangerment finding from the Obama EPA,' Zeldin said to Newsmax.
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Business Insider
31 minutes ago
- Business Insider
Alibaba Cloud founder says early innovation doesn't need top-dollar hires: 'What happened in Silicon Valley is not the winning formula'
True innovation doesn't come from highly paid engineers, but from finding the right people to build the unknown, said the founder of Alibaba's cloud and AI unit. "The only thing you need to do is to get the right person," Wang Jian said in an interview with Bloomberg published Monday. "Not really the expensive person because if it's a new business, if it's true innovation, that basically means talent," he added. Wang, who built Alibaba Cloud in 2009, said American tech giants are "very much focused on the existing success of the business." "And existing — it's average of technology," the computer scientist said. "We have a tremendous opportunity to look at technology nobody knows today." "What happened in Silicon Valley is not the winning formula," Wang said. Wang's comments come after Big Tech companies are paying top dollar to recruit elite AI talent, a trend that's likened to sports franchises competing for superstar athletes like Cristiano Ronaldo. The competition reached another level when Meta recruited Scale's CEO, Alexandr Wang, last month as part of a $14.3 billion deal to take a 49% stake in his company. Then, Sam Altman, the CEO of OpenAI, said Meta had tried to poach his best employees with $100 million signing bonuses. Just weeks ago, Google paid $2.4 billion to hire the CEO and top talent of AI startup Windsurf and license its intellectual property. OpenAI had planned to buy Windsurf for $3 billion, but the deal fell apart. "It's a typical way of doing things," Wang Jian said of Big Tech's hiring strategy. Chasing the same pool of in-demand talent isn't always a winning move, he added. "Whenever everybody knows that these are talents," Wang said, "it's better for you not to get it." "It's really about the vision, you know, where you want to go." Wang and Alibaba did not respond to a request for comment from Business Insider. China's AI race is 'very healthy' competition Wang also said that the rivalry among Chinese AI firms is not cutthroat. No single person or company can sprint forever, he said. But collectively, the ecosystem can still move fast. He pointed to a pattern he's observed: One company surges ahead, then slows. Then another takes the lead. Over time, the first catches up again. "You can have the very fast iteration of the technology because of this competition," he said. "I don't think it's brutal, but I think it's very healthy," he added. China's biggest tech players have focused on open-source AI models, which have code and architecture that are publicly available for anyone to use, modify, or build on. One analyst told Business Insider previously that Chinese firms are prioritizing consolidation to stay competitive. For instance, Tencent has deployed its Hunyuan model and DeepSeek R1 across its massive ecosystem, including WeChat. Baidu has also integrated DeepSeek R1 into its search engine. The country is closing the gap with the US in the AI race. In a Stratechery interview earlier this year, Nvidia's CEO, Jensen Huang, said that China is doing "fantastic" in the AI market, with homegrown models like DeepSeek and Manus emerging as credible challengers to US-built systems. He said China's AI researchers are some of the best in the world, and it's no surprise that US companies like OpenAI and Anthropic are hiring them. "Our competition in China is really intense," Huang said in May at the Computex Taipei tech conference in Taiwan. Huang has also said that the US and China are neck and neck in the AI chip race. "China is right behind us. We're very, very close."
UPI
33 minutes ago
- UPI
Trump, Starmer to meet in Scotland to talk trade, Gaza
President Donald Trump (R) shakes hands with Prime Minister Keir Starmer of Britain at the White House in Washington, D.C., on February 27. The pair are to meet Monday at Trump's Scotland golf course where they are expected to talk trade and the war in Gaza. File Photo by Bonnie Cash/UPI. | License Photo July 28 (UPI) -- U.S. President Donald Trump is set to meet with British Prime Minister Keir Starmer in Scotland on Monday when the Western leaders are expected to discuss cease-fire plans for the Israel-Hamas war in Gaza. Starmer is to travel to Trump's golf course in Turnberry where the American president on Sunday announced a new trade deal with the European Union. According to a statement from 10 Downing Street, Trump and Starmer are to have "wide-ranging" one-on-one talks, including on the implementation of the Economic Prosperity Deal that the pair signed on May 8 and which came into effect last month. Starmer is also expected to discuss with Trump "what more can be done to secure the cease-fire urgently, bring an end to the unspeakable suffering and starvation in Gaza and free the hostages who have been held so cruelly for so long." Since returning to the White House in January, Trump has sought a cease-fire and hostage-release deal in the war in the Palestinian enclave of Gaza between Iran-poxy militia Hamas and Israel, but has repeatedly been met with obstacles. On Thursday, Israel and the United States recalled their negotiators, ending talks with Hamas that had initially sparked optimism that a deal could be reached. The Trump administration has blamed Hamas for the breakdown, with Steve Witkoff, Trump's special envoy to the Middle East, stating the Iran-backed militia's latest response "clearly shows a lack of desire to reach a cease-fire in Gaza." "It's a shame Hamas has acted in this selfish way," he said in a statement. The Trump-Starmer meeting comes amid a deteriorating situation in Gaza where aid agencies are warning of starvation. Israel has announced a so-called tactical pause to fighting in specific areas to allow the delivery of aid between the hours of 10 a.m. and 8 p.m., local time, on Sunday. The announcement came as the Middle Eastern country is coming under mounting international pressure over its war in Gaza and its restrictions on aid entering the territory. According to the Save the Children charity, 133 people, including 87 children, have already died from malnutrition and starvation. Britain is among 30 nations that are calling for the war in Gaza to end, describing Israel's aid delivery model as "dangerous, fuels instability and deprives Gazans of human dignity." "We condemn the drip-feeding of aid and the inhumane killing of civilians, including children, seeking to meet their most basic needs of water and food," the nations said in the joint statement, which calls on Israel to lift the restrictions on the flow of aid. "The Israeli government's denial of essential humanitarian assistance to the civilian population is unacceptable. Israel must comply with its obligations under international humanitarian law." Britain, France and Germany separately over the weekend issued a statement calling for Israel and Hamas to end the conflict "by reaching an immediate cease-fire." Trump and Starmer are also expected to discuss the war in Ukraine. After the meeting, they will have a private engagement in Aberdeen, 10 Downing Street said. The meeting also comes ahead of Trump being received for a State Visit hosted by King Charles III at Windsor Castle from Sept. 17 to 19. It will be Trump's second State Visit after a previous trip in 2019 where he was hosted by the late Queen Elizabeth II.
Business Insider
an hour ago
- Business Insider
Mark Cuban said the Trump administration needs to crack down on ads in AI models
"Shark Tank" star Mark Cuban said on Saturday that the White House should "make it illegal for AI models to offer advertising." Cuban said in an X post addressed to David Sacks, the White House's AI and crypto czar, that the administration should "examine referral fees as well." "The last thing we need is to have algorithms designed to maximize revenue driving LLM output and interactions," Cuban wrote. "They are already recommending brands and we don't know if they are getting paid for it. We need to have learned our lessons from algos in social media," he added. Cuban said in a subsequent post on Saturday that he would be willing to accept advertising on AI models if they are "identified as an ad" and kept "completely independent from the user generated chats." Cuban's proposal comes just days after the Trump administration unveiled its 28-page " AI Action Plan" on Wednesday. Back in January, President Donald Trump had signed an executive order calling for "existing AI policies and directives that act as barriers to American AI innovation" to be revoked. Trump has adopted a relatively light-touch approach toward AI regulation compared to his predecessor, President Joe Biden. In October 2023, Biden signed an executive order demanding greater transparency from companies developing AI tools. Trump's new "AI Action Plan" proposed withholding federal funding from states that want to impose "burdensome" AI regulations. Cuban and the White House did not respond to requests for comment from Business Insider. Social-media déjà vu Cuban's worries may not be unfounded. Major AI players such as have been deepening their leadership bench with former executives from social media platforms like Facebook and Instagram. In May, OpenAI chief Sam Altman said he had hired Fidji Simo, the CEO and chair of Instacart, to serve as OpenAI's new CEO of applications. Before she joined Instacart, Simo worked at Meta, where she oversaw Facebook's app and advertising products. Last year, OpenAI hired Kevin Weil as its chief product officer. Weil was previously vice president of product at Instagram and senior vice president of product at Twitter. OpenAI's rival, Anthropic, made a similar move in May 2024 when it hired Mike Krieger, cofounder and former CTO of Instagram, as its chief product officer. Cuban has long warned about the risks and dangers that could come with AI tools like chatbots. He told comedian Jon Stewart in a podcast interview that aired in 2023 that online misinformation "is only going to get worse" with the proliferation of AI tools. "Once these things start taking on a life of their own, it will be difficult for us to define why and how the machine makes the decisions it makes, and who controls the machine," Cuban said. Last week, Cuban wrote in an X post that he expects AI companies to hoard talent and intellectual property to stay ahead of their competitors. "If you create valuable IP, encrypt and silo it. Let companies bid on it. Or just use it for your own behind a paywall model. IP is KING in an AI world," Cuban wrote on July 20.
