June 13, 2025

Powering next-gen services with AI in regulated industries 

Businesses in highly-regulated industries like financial services, insurance, pharmaceuticals, and health care are increasingly turning to AI-powered tools to streamline complex and sensitive tasks. Conversational AI-driven interfaces are helping hospitals to track the location and delivery of a patient’s time-sensitive cancer drugs. Generative AI chatbots are helping insurance customers answer questions and solve problems. And agentic…

Kalshi CEO: ‘State law doesn’t really apply’ to us

April 9, 2025
Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they’re a federally regulated platform, state gaming commissions don’t have the authority to set rules for them. “We’re not necessarily very concerned [because] we are […]

MIT study finds that AI doesn’t, in fact, have values

April 9, 2025
A study went viral several months ago for implying that, as AI becomes increasingly sophisticated, it develops “value systems” — systems that lead it to, for example, prioritize its own well-being over humans. A more recent paper out of MIT pours cold water on that hyperbolic notion, drawing the conclusion that AI doesn’t, in fact, […]

US may fine TSMC $1B over chip allegedly used in Huawei AI processor 

April 9, 2025
Taiwan Semiconductor Manufacturing Company (TSMC) may have to pay a fine of $1 billion or more to resolve a U.S. export control investigation related to a chip it made that was used in a Huawei AI processor, according to a report by Reuters. TSMC did not provide any further comments as it is now “in […]