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Technology |
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Vance doubles down on AI stance in Paris |
Vice President Vance made clear the Trump administration's fight against "excessive regulation" of artificial intelligence (AI) on the international stage Tuesday. |
© Michel Euler, Associated Press |
"We believe that excessive regulation of the AI sector could kill a transformative industry just as it's taking off," Vance said Tuesday in Paris at the Artificial Intelligence Action Summit. "And I'd like to see that deregulatory flavor making a lot of the conversations this conference." The speech built upon a series of executive actions President Trump took shortly after his inauguration last month, including the repeal of former President Biden's 2023 executive order that placed guardrails on AI innovation. Trump quickly signed an executive order to roll back any policies that "act as barriers to American AI innovation" just days after taking office. Coupled with Vance's remarks, the Trump administration is signaling a growing disagreement with Europe over how to handle the emerging tech. Questions have long swirled over how the U.S. should balance AI innovation and regulation. The Trump administration has so far prioritized AI innovation in a more hands-off approach, contrasting with Europe, which has largely tightened regulations over safety and responsibility concerns. "The Trump administration believes that AI will have countless revolutionary applications and economic innovation, job creation, national security, health care, free expression and beyond," Vance said. "And to restrict its development now will not only unfairly benefit incumbents in the space, it would mean paralyzing one of the most promising technologies that we have seen in generations." Read more in a full report at TheHill.com |
Welcome to The Hill's Technology newsletter, we're Julia Shapero and Miranda Nazzaro — tracking the latest moves from Capitol Hill to Silicon Valley. |
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How policy will be impacting the tech sector now and in the future: |
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The U.S. took aim at two separate Russian ransomware networks Tuesday, announcing new sanctions and arrests against a Russia-based internet service provider and several Russian nationals. The State Department said it is sanctioning Zservers — a bulletproof hosting (BPH) services provider that allegedly supported LockBit ransomware attacks — alongside Australia and the United Kingdom. Bulletproof hosting providers … |
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Virginia Gov. Glenn Youngkin (R) barred state employees Tuesday from using artificial intelligence (AI) models developed by Chinese startup DeepSeek on state-issued devices and state-run networks. "China’s DeepSeek AI poses a threat to the security and safety of the citizens of the Commonwealth of Virginia," he said in a statement. "We must continue to take steps to safeguard our operations and information from … |
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OpenAI CEO and co-founder Sam Altman brushed aside Elon Musk’s bid to take control of the ChatGPT maker, calling it an effort to “slow us down.” “OpenAI is not for sale,” Altman told Bloomberg’s “The Pulse” on Tuesday. “Elon tries all sorts of things for a long time. This is the late … this week’s episode.” When asked if he takes Musk’s bid seriously, … |
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SEC shifts away from Biden-era crypto skepticism |
Welcome to Crypto Corner, a new feature in The Hill's Technology newsletter focused on digital currency and its outlook in Washington. |
The Securities and Exchange Commission (SEC) is starting to shift away from its crypto-skeptical approach under former President Biden. The agency joined crypto exchange Binance, which it sued in 2023 for alleged securities violations, in asking a federal judge Monday to put their case on hold for the time being. They pointed to the SEC's newly established crypto task force, which they suggested "may impact and facilitate the potential resolution of this case." The SEC is also scaling back a unit of more than 50 lawyers and staff dedicated to crypto enforcement and reassigning some to other departments, according to The New York Times. This shift was widely expected, although questions have remained about what changes exactly the agency would implement amid the pro-crypto shift. After embracing the industry during his 2024 campaign, President Trump has tapped several crypto-friendly figures to serve in his administration, including Paul Atkins, his pick to lead the SEC. Atkins is still awaiting Senate confirmation. In the meantime, Republican commissioner Mark Uyeda, who has criticized the agency's previous approach to crypto, is serving as acting chair. |
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News we've flagged from the intersection of tech and other topics: |
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- Thompson Reuters wins first major AI copyright case in U.S. (WIRED)
- BuzzFeed to launch new social media platform 'BF Island' (Axios)
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Branch out with other reads on The Hill: |
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DeepSeek banned from NY state government devices |
New York State is prohibiting the China-based artificial intelligence application DeepSeek from government devices. New York Gov. Kathy Hochul (D) announced on Monday state government employees are banned from downloading the application on ITS-managed devices and networks, citing "serious concerns" about the platform's "connection to foreign government surveillance and censorship." Hochul noted specific concerns about whether … |
Google Maps users in the U.S. will now see "Gulf of America" displayed over the body of water that was once labeled the "Gulf of Mexico." Users in Mexico will still see the name "Gulf of Mexico," and users elsewhere in the world will see both names, written as "Gulf of Mexico (Gulf of America)." The change follows President Trump's directive on Jan. 20, his first day in office, to rename the gulf to include America's name. … |
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Two key stories on The Hill right now: |
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President Trump's flood-the-zone strategy in the first month of his new presidency is catching the typically sluggish judiciary flat-footed. … Read more |
| A federal judge Tuesday clarified that a ruling preventing Elon Musk's Department of Government Efficiency (DOGE) from accessing the Treasury … Read more |
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Opinions related to tech submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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