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Newsom Blocks Contentious AI Safety Bill in California

California Governor Gavin Newsom has vetoed what would have become one of the most comprehensive policies governing the safety of AI in the US. Democratic California Senator Scott Wiener, who introduced the bill, joins Caroline Hyde and Bloomberg’s Shirin Ghaffary to weigh in on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…

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California Governor Gavin Newsom has vetoed what would have become one of the most comprehensive policies governing the safety of AI in the US. Democratic California Senator Scott Wiener, who introduced the bill, joins Caroline Hyde and Bloomberg’s Shirin Ghaffary to weigh in on “Bloomberg Technology.”
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12 Comments

12 Comments

  1. @jayhathaway4720

    September 30, 2024 at 4:55 pm

    Gavin newsome doing something good for once

  2. @otherZinc

    September 30, 2024 at 5:04 pm

    Scott Weiner is a Clown ???? that doesn’t know wth he’s talking about.

    • @heyaisdabomb

      September 30, 2024 at 10:08 pm

      He really doesn’t. As a machine learning engineer, he has no idea how this would impede my ability to develop and test models.

  3. @otherZinc

    September 30, 2024 at 5:08 pm

    California Government is TERRIBLE!!!!

  4. @Bibirallie

    September 30, 2024 at 5:27 pm

    Vote Scott wiener out of office.

  5. @TomEdwardi

    September 30, 2024 at 7:37 pm

    I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.

    • @TomEdwardi

      September 30, 2024 at 7:38 pm

      nice! once you hit a big milestone, the next comes easier. How can i reach her, if you don’t mind me asking?

  6. @djryan8944

    September 30, 2024 at 9:37 pm

    Newsom is AI….

  7. @DanH-u3f

    October 1, 2024 at 12:11 am

    Elon told him to veto it.

  8. @Realreal12345

    October 1, 2024 at 12:49 am

    Senator Weiner was right on expanding housing but on this issue he was wrong.

  9. @alicapwn

    October 1, 2024 at 1:09 am

    Newsome is an american hero

  10. @Nerdstalker

    October 1, 2024 at 11:21 am

    Newsom knew if he signed the bill he would lose the last vestige of business he had not ran out of California in an election year.

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Black Founders Had a Great Fundraising Quarter…With a Catch

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On one hand, US-based, Black-founded startups have already raised $643M, 70% of what was raised in the entirety of last year.

But dig a little deeper into the numbers, and you’ll find that in the words of Crunchbase’s head of research: “…data has shown a persistent decline in funding to Black-founded companies that outpaces the overall decline in startup funding.”

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Bloomberg’s Ed Ludlow breaks down why Anthropic disabled access to its most advanced models for all foreign nationals after a request from the Trump administration. Plus, Nvidia is seeking to raise at least $20 billion from its first corporate bond sale since 2021. And, SpaceX shares throttle up on day 2 of trading, adding to a blockbuster public markets debut on Friday.

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Bloomberg Technology

China’s AI Markets Still ‘A Source of Funds’ Says Citigroup

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Alicia Yap, Citi’s head of Pan-Asia Internet Research, breaks down where China’s tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as “a source of funds,” with Wall Street dumping local stocks to fund the global AI hardware trade. She joins Ed Ludlow on “Bloomberg Tech.”
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