Meta CEO Mark Zuckerberg shared his view of artificial intelligence safety on Tuesday, taking a stance that's more akin to the perspective of Nvidia CEO Jensen Huang rather than Anthropic chief Dario… [+2962 chars]

Meta CEO Mark Zuckerberg's view of artificial intelligence safety is akin to the perspective of Nvidia's Jensen Huang rather than Anthropic chief Dario Amodei.

CNBC

Meta CEO Mark Zuckerberg sides with Nvidia's Huang on AI safety and slowdown debate - CNBC

President Donald Trump berated Jerome Powell for years as he sought to pressure Powell, then the Federal Reserve chairman, to cut interest rates. So far, he has given a pass to the new Fed chief, Kev… [+5268 chars]

Wall Street expects the Fed to hike rates Wednesday. The president wants a rate cut.

NBC News

Trump and the Federal Reserve are on a collision course over interest rates - NBC News

"We will get it right, I'm very confident in our company's and industry's ability to do this safely," Altman said, adding that he was sure that they would "keep alignment and safety way ahead of capa… [+62 chars]

Sam Altman and other tech CEOs say there are incentives to limit advancements in AI, as fears grow over the threats it poses to humanity.

BBC News

OpenAI boss says world 'right to be afraid' but 'should trust' AI firms - BBC

ISTANBUL In Turkey, gold is far more than a decorative accessory. It is gifted throughout life's major milestones and stashed safely at homea time-honored practice designed to protect savings against… [+6498 chars]

For years, Turks have stashed their gold at home against a raining day, mistrustful of banks. Now the government says that tradition hurts the economy

Turkish habit of stashing gold "under the pillow' hurts economy, government says - NPR

An Arizona man had his $475,000 home sold from under him by his homeowners' association (HOA) after falling behind on his dues, which amounted to less than $1,000.
Toby Newton, 53, purchased the fou… [+3026 chars]

Toby Newton says his Mesa HOA refused payment arrangements on just $977 in unpaid dues, then sold his $475,000 home at auction for only $8,172.

Fox News

Arizona man says he lost $475k home to HOA foreclosure over less than $1,000 in unpaid dues - Fox News

The Bank of Japan is likely to raise rates to 1.25% at the end of its two-day meeting on Friday amid inflationary pressures, according to a CNBC survey. 
A hike would signal an acceleration of the t… [+2977 chars]

The BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.

BOJ expected to hike rates by 25 basis points to fresh three-decade high: CNBC survey - CNBC

Nvidia founder and CEO Jensen Huang made his position on the dangers AI poses very clear while speaking at Salesforce’s Dreamforce conference on Tuesday. To him, AI isn’t some new form of “alien mind… [+4596 chars]

AI isn't some new form of "alien mind," according to Jensen Huang. It's just hardware and software, so safety can be engineered by each AI product maker.

TechCrunch

We don’t need AI regulation — leave safety to us, Nvidia’s Jensen Huang says - TechCrunch

Japan's trade deficit widened to beyond the 1 trillion yen mark for the first time since January, coming in at 1.1 trillion yen ($7.1 billion). 
Oil prices remained high, pushing up Japan's energy i… [+1845 chars]

Shipments from Japan grew 19.3% year on year in August, compared to the 18.2% expected by economists polled by Reuters.

Japan's export growth slows for the first time in six months despite beating expectations - CNBC

Paramount and the state attorneys general suing to block its merger with Warner Bros. Discovery were ordered by a judge to appear for a two-day settlement conference October 14-15 in a San Francisco … [+2987 chars]

Paramount and State Attorneys General suing to block its merger with Warner Bros. Discovery were ordered to appear at a two-day settlement conference.

Deadline

Judge Sets Date For Settlement Talks In Paramount-WBD Antitrust Case - Deadline

The Senate failed to advance a major cryptocurrency regulation bill because Democrats blocked the measure over concerns that it does not go far enough to stop federal officials digital asset dealings… [+35 chars]

The Senate fails to advance crypto bill. Democrats had raised concerns that the bill would not do enough to address President Donald Trump’s crypto empire.

The Washington Post

Senate fails to advance crypto bill, dooming the effort this Congress - The Washington Post

Senior Trump administration officials met Tuesday with Anthropic PBCs top Washington executive to discuss artificial intelligence safety risks.
Anthropics chief compute officer Tom Brown, who has be… [+195 chars]

Senior Trump administration officials met Tuesday with Anthropic PBC’s top Washington executive to discuss artificial intelligence safety risks.

Bloomberg

Trump Advisers Meet With Anthropic Executive Over AI Safety - Bloomberg.com

Sam Altman’s start-up could capitalise on demand for its technology after new model launches

Financial Times

OpenAI weighs funding round at $1.2tn valuation before IPO - Financial Times

HONG KONG (AP) As the rapid development of artificial intelligence triggers a renewed debate about its risks, the United States and China keep racing to develop increasingly powerful models.
The U.S… [+5837 chars]

The rapid development of artificial intelligence has sparked renewed debate about its risks, with both the United States and China expressing concerns. Experts say China has emerged as a significant AI contender and nearly closed the gap with the U.S. Chinese…

Associated Press

As the world debates the risks of AI, China closes the technology gap with the US - AP News

US 10-Year Treasury Yields Rise to Highest Level Since 2007 - Bloomberg.com

Treasury Secretary Scott Bessent on Tuesday told lawmakers in Congress that the U.S. needs to foster open artificial intelligence (AI) models to compete with those made by Chinese firms.
Bessent tes… [+3712 chars]

Treasury Secretary Scott Bessent cited Anthropic's Mythos model as a step toward AGI and urged Congress to develop open source AI against China.

Fox Business

Bessent says US needs more open-source AI models to compete with China - foxbusiness.com

Bond traders have piled into bearish positions ahead of Wednesdays Federal Reserve meeting, betting that the Treasury selloff driving yields to their highest levels in almost two decades will continu… [+234 chars]

Bond traders have piled into bearish positions ahead of Wednesday’s Federal Reserve meeting, betting that the Treasury selloff driving yields to their highest levels in almost two decades will continue.