The proposal to enhance transparency and guardrails for new technologies within broker-dealers is likely to be scrapped. However, compliance costs for major brokers are expected to rise, according to Bloomberg Intelligence analysis.

Elon Musk has painted himself as a humanitarian figure building a utopian future through a passel of companies. Don’t fall for it. The billionaire’s silence on the sudden reversal of US government guidelines for building safer artificial intelligence shows his priorities are political capital — and his own business interests.

Salesforce Inc. Chief Executive Officer Marc Benioff said there will be “thousands” of deals for its new Agentforce AI product in the current fiscal quarter.

Canadian private equity firm Novacap Investments Inc. has closed a $1 billion fund to invest in digital infrastructure assets after a two-year process of raising the money.

A rally in big tech and a batch of earnings from corporate heavyweights drove stocks toward a record close in a continuation of the surge fueled by the strength of Corporate America.

In his first 24 hours back in Washington, Donald Trump sent a different message to the AI community: Just build. On Monday, Trump rescinded Biden’s sweeping executive order on A

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Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises,

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

The European Union will raise concerns with the US over a decision to restrict the export of artificial intelligence chips from the likes of Nvidia Corp. to some of its member states, according to people familiar with the matter.

Microsoft Corp.’s Satya Nadella discussed AI and cybersecurity during a meeting with US President-elect Donald Trump and Elon Musk, becoming the latest tech industry chieftain to make overtures to the new administration.