Topic: ai

New York's Governor Kathy Hochul has enacted a one-year moratorium on the construction of large-scale data centers, marking a significant regulatory move aimed at addressing energy consumption and local concerns about rising utility costs. This decision positions New York as the first state to implement such a ban, reflecting growing public pressure against the rapid expansion of data centers.

Apple is exploring a partnership with PrismML, a startup that has developed technology to compress AI models significantly, enabling them to run directly on iPhones. This could enhance Siri's capabilities while maintaining user privacy and reducing reliance on cloud computing.

Demis Hassabis, head of Google DeepMind, advocates for the U.S. to establish a standards body for AI oversight, emphasizing the need for urgent action to mitigate national security risks associated with advanced AI technologies.

Federal Reserve Chairman Kevin Warsh emphasized his commitment to controlling inflation and highlighted the potential economic benefits from increased business investment in artificial intelligence. His remarks signal a proactive approach to monetary policy as he addresses ongoing inflation challenges.