Governor Newsom Vetoes Controversial AI Safety Bill in California
Controversial California AI safety bill vetoed by Gov. Newsom California legislation aiming to limit the most existential threats of artificial intelligence was vetoed by California Gov. Gavin Newsom today, following fierce debate within the tech community about whether its requirements would save human lives or crush AI advancement. The bill would have set a de […]
Colorado’s Bold Decision to Ban Oil Drilling Ignites National Debate
Colorado’s Bold Move to Ban Oil Drilling Sparks Nationwide Debate Earlier this year, Democratic lawmakers in Colorado proposed two pieces of legislation aimed at introducing a statewide ban on oil and gas wells, which would be the first of its kind in the U.S. One of the bills aimed to introduce a ban on new […]
TD Cowen Lowers Price Target for QuantumScape (QS) Stock
Source: rafapress / Shutterstock.com Equity markets are bouncing back today, finally reflecting some bullish sentiment from investors who have begun to rotate out of growth stocks and into more value-centric parts of the market. Unfortunately for QuantumScape (NYSE:QS), and other more speculative assets, that hasn’t translated into positive price action today. In fact, QS stock is down about 8% […]
Mark Cuban cautions that U.S. must secure victory in AI race ‘or face dire consequences’
Mark Cuban warns U.S. must win AI race ‘or we lose everything’ Billionaire investor Mark Cuban warned the stakes couldn’t be higher for the U.S. in the global competition for leadership in artificial intelligence. In an interview on CNBC Thursday, he was asked if the federal government’s prioritization of certain investments as part of an […]
Oil and Gas Boom Drives Surge in U.S. Methane Emissions
Oil and Gas Boom Fuels U.S. Methane Surge Despite ambitious promises of an accelerated green transition from the government, the U.S. is still experiencing extremely elevated levels of methane emissions each year. As the Biden administration pumps billions into renewable energy, clean technologies, and decarbonisation projects, methane emissions continue to rise year on year with […]
QS Stock: What Caused QuantumScape’s Greater-Than-Expected Losses for Q2?
Source: JHVEPhoto / Shutterstock.com Shares of QuantumScape (NYSE:QS) stock are taking a tumble after the solid-state battery (SSB) company reported its second-quarter earnings. During the quarter, QuantumScape generated $0 in revenue, as expected. Furthermore, the company’s net loss increased to $122.95 million compared to a loss of $116.50 million a year ago. Its GAAP EPS […]
Sam Altman refutes claims of receiving equity in for-profit OpenAI
Sam Altman denies plan to give him equity in for-profit OpenAI OpenAI may be changing to a for-profit company, but according to CEO Sam Altman, that doesn’t mean he’s about to strike it rich. Altman told OpenAI employees in an all-hands meeting Thursday that there are no plans to give him a “giant equity stake” […]
US Company Expands into Latin America’s Oil & Gas Sector as Brazilian Partner Sets Restart Date for Offshore Asset
US firm enters Latin America’s oil & gas playground as its Brazilian partner in two offshore fields sets restart date for another asset Houston-based Westlawn Americas Offshore (WAO), part of Westlawn Group, has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The […]
3 Lithium Stocks Worth Buying on the Dip: July 2024
With accelerating demand for all things green, lithium prices may be bottoming out, creating opportunities for oversold lithium stocks. According to Pilbara Minerals (OTCMKTS:PILBF) CEO Dale Henderson, “doomsday headlines don’t reconcile with the broadly strong growth market,” as quoted by Mining.com. “Lithium demand from energy storage systems, such as those that back up solar arrays, […]
There is only one person remaining in this iconic OpenAI photo
Only one person is left from this iconic OpenAI photo OpenAI is bleeding its top executives, and one picture shows just how stark the contrast has been in just over a year. Of the four OpenAI executives in the March 2023 photo featured above, two have left the company and one is on leave. CEO […]