China on Monday launched operations of a national venture capital guidance fund with a target size of up to 1 trillion yuan (about $142.7 billion), marking a major policy move to channel long-term capital into early-stage and hard-technology and to scale advanced manufacturing and automation, where artificial intelligence and robotics are increasingly reshaping production models … Read more
New York Governor, Kathy Hochul has signed landmark legislation imposing new safety and transparency requirements on powerful artificial intelligence (AI) systems, marking a major step in state-level oversight of emerging technology. The law, known as the Responsible AI Safety and Education Act, or RAISE Act, took effect immediately and places New York alongside California at … Read more
Australia has become the first country to ban social media access for children under 16, ordering major platforms to block young users under a landmark law aimed at reducing online harm. The restrictions cover TikTok, YouTube, Instagram, Facebook, and other large platforms. Under the new rules, 10 major companies were directed to prevent access by … Read more