TikTok is reportedly making a strong effort to boost its new TikTok Shop online marketplace through heavy discounting during the holiday shopping season.īloomberg reported that the discounts could begin on October 27, which would give the company a jump on the holiday period. This report from Reuters citing comments made by Alibaba’s President Michael Evans in a meeting with Turkish President Recep Tayyip Erdogan.īloomberg News reported that Evans did not provide detailed information about the investment calendar, but did share details about new investments such as a data and logistics centre and an export operation centre in Turkey. While we’re on the topic of Turkey, Alibaba (NYSE: BABA) plans to invest $2B in Turkey. Musk is also expected to meet Israeli Prime Minister Benjamin Netanyahu in California on Monday to discuss AI technology. Musk said SpaceX plans to seek a license to offer Starlink in Turkey.Įrdogan is in New York for the United Nations General Assembly's annual meeting this week. Turkish President Tayyip Erdogan has called on Tesla (NASDAQ: TSLA) CEO Elon Musk to build a new factory in Turkey during a meeting at Turkish House in New York.Īccording to Turkey's industry and technology minister who attended the meeting, Musk said many Turkish suppliers are currently working with Tesla ( TSLA) and the country will be among the top candidates for a Tesla investment.Įrdogan and Musk also discussed Turkey's artificial intelligence strategy, and the potential cooperation between SpaceX and Turkey's space program. This is an abridged transcript of the podcast. home purchases scrapped at highest rate in 10 months - Redfin. (00:23) Retail wars: TikTok hopes to crash holiday sales party. Multiple congressional committees hold jurisdiction on the issue, and Congress has easily hosted more than a dozen AI hearings with many more to come.Erdogan calls on Elon Musk to build Tesla ( TSLA) factory in Turkey. Schumer also faces obstacles from within Congress, with members on both sides of the aisle trying to tackle their own proposals to regulate AI. "All of these groups, together in one room, talking about why Congress must act, what questions to ask, and how to build a consensus for safe innovation," Schumer said. That outside help, Schumer argued, needs to include industry developers, experts, critics and ethicists, and members from the world of academia, defense and more. "Congress must recognize two things: that this effort must be bipartisan, and we need outside help if we want to write effective AI policies," Schumer said Tuesday. Mike Rounds, R-S.D., and Todd Young, R-Ind. However, Schumer has argued they're doing the necessary work to catch up. "A licensing agreement would inevitably favor large, well-funded incumbents and limit competition." "We should not create a licensing regime for AI," Krishna is expected to say. Other invited tech leaders include OpenAI CEO Sam Altman, Google CEO Sundar Pichai and the company's ex-CEO Eric Schmidt, Microsoft CEO Satya Nadella and IBM CEO Arvind Krishna.Īn IBM spokesperson shared a preview of Krishna's remarks to the senators, which included a push for regulating AI risk but not AI algorithms, making AI creators and deployers accountable, and supporting open AI innovation. Leaders of entertainment, labor and civil rights groups were also slated to address senators, including the head of the Motion Picture Association, the Writers Guild of America West, the American Federation of Teachers and the AFL-CIO. "We got all this input right now, right away," she said. She said everyone on the panel raised their hand when Schumer asked them if they thought it was the government's role to regulate AI. Maria Cantwell, D-Wash., said she also didn't understand why the meeting was closed to the public, but said it was helpful and historic. Technology These tech giants are at the White House today to talk about the risks of AI
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