STORY: The Trump administration is asking top AI companies to submit their most powerful models for cybersecurity testing. The testing would be voluntary and happen before the models are released to the public. This comes as security fears mount in Washington over powerful new AI systems such as Anthropic's Mythos. :: Archive President Trump signed an executive order directing several federal agen...
STORY: The Trump administration is asking top AI companies to submit their most powerful models for cybersecurity testing. The testing would be voluntary and happen before the models are released to the public. This comes as security fears mount in Washington over powerful new AI systems such as Anthropic's Mythos. :: Archive President Trump signed an executive order directing several federal agencies to reach agreement with developers over such tests. Under the order, U.S. agencies will have up to 30 days to test the models before public release. The move signals a shift in Trump’s AI strategy, from a fully hands-off approach to more active government oversight on national security risks. Google, Anthropic and OpenAI have welcomed the order. :: Archive OpenAI CEO Sam Altman said it “gets the balance right” by developing the best models while keeping them safe and strengthening cyber defenses. The order also aims to protect critical infrastructure such as banks, hospitals and emergency services by scanning for cybersecurity weaknesses.
Sarah Jones appeals for calm after rioting over the death of Nowak, who was handcuffed while dying from stab wound Yesterday Nigel Farage, the Reform UK leader, delivered what he called an “emergency address to the nation” on YouTube at around this time. In it, he claimed that the Henry Nowak case was proof that white people were treated unfairly in the UK. He said that George Floyd (whom he descr...
Sarah Jones appeals for calm after rioting over the death of Nowak, who was handcuffed while dying from stab wound Yesterday Nigel Farage, the Reform UK leader, delivered what he called an “emergency address to the nation” on YouTube at around this time. In it, he claimed that the Henry Nowak case was proof that white people were treated unfairly in the UK. He said that George Floyd (whom he described as a “career criminal”) died in policy custody in the US, there was a surge in support for the Black Lives Matter campaign, with Keir Starmer taking the knee. But nothing remotely similar has occurred after the death of Nowak, Farage claimed. Silence, absolute silence, proof, if ever there was any, that we’re living in a two-tier culture in this country where the rights and privileges of white people matter less than those of ethnic minorities. Enough of anti white prejudice a promotion of the idea that white lives matter just as much as black lives. An end to DEI [diversity, equity and inclusion] and positive discrimination, but a country that treats everybody equally and fairly before the law. This is serious. This is urgent. I fear for where our society would be in a few short years if we don’t grip this and do it very, very quickly. I don’t think the evidence at the moment would suggest that, if you look at the facts and figures about policing. I will always listen to the police in terms of what they’re saying and the home secretary said yesterday [that] we need to talk to the police. We need to talk to the Sikh community. We need to talk to knife crime campaigners. We need to understand what it is we need to do differently and better and we will do that. Continue reading...
Hong Kong’s Exchange Fund is looking for investment managers who can help it closely track the movement of the S&P 500 Index , according to people familiar with the matter. The HK$4.3 trillion ($550 billion) fund has been considering pitches in recent months but still hasn’t made a final decision, one of the people said. The Exchange Fund has asked for a so-called low-tracking-error approach, mean...
Hong Kong’s Exchange Fund is looking for investment managers who can help it closely track the movement of the S&P 500 Index , according to people familiar with the matter. The HK$4.3 trillion ($550 billion) fund has been considering pitches in recent months but still hasn’t made a final decision, one of the people said. The Exchange Fund has asked for a so-called low-tracking-error approach, meaning managers should attempt to limit the difference between how their funds perform and the returns of the S&P 500, the people said, asking not to be named because the details are private. It’s unclear how much the Exchange Fund will commit to the new S&P 500 mandate. It also adopts an active fundamental stock selection approach for the US, the people added. The mandate is part of the fund’s manager performance review process, the people said. The fund doesn’t publicly disclose US equities or fixed-income positions. The Exchange Fund is managed by the Hong Kong Monetary Authority , the city’s de facto central bank. The HKMA said it doesn’t comment on the specific details of its investment activities, but added that it engages different external asset managers to help manage various asset classes from time to time. Tracking Closely Low-tracking-error strategies limit managers from deviating from a benchmark outside a certain range. Tracking errors can occur because fund managers often don’t buy all of the stocks in an index, relying instead on a portfolio they think will rise and fall alongside the benchmark. Low-tracking-error approaches have become a feature of so-called enhanced investing, which has gained popularity in recent years, said Rupeng Chen, who leads the institutional investment and wealth business in North Asia at consultancy Mercer. “We have observed rising popularity of this strategy based on our recent work and client conversations,” Chen said. “The reasons vary, but they largely come down to an intersection of cost efficiency and the challenges many active...
Anna Moneymaker/Getty Images News President Donald Trump has signed an executive order to increase AI oversight, directing companies to provide the government access to advanced models for cybersecurity tests up to 30 days before public release. The executive order directs the departments of Treasury, Homeland Security, Defense and other agencies to design a voluntary framework with AI developers...
Anna Moneymaker/Getty Images News President Donald Trump has signed an executive order to increase AI oversight, directing companies to provide the government access to advanced models for cybersecurity tests up to 30 days before public release. The executive order directs the departments of Treasury, Homeland Security, Defense and other agencies to design a voluntary framework with AI developers to test their models. It calls on the agencies to form an AI cybersecurity clearinghouse, in voluntary collaboration with the AI industry, "that coordinates and deconflicts scanning for software vulnerabilities, discovers and validates such vulnerabilities, and coordinates and prioritizes remediation and distribution of vulnerability patches." The order comes amid mounting national security concerns over powerful AI models like Anthropic's (ANTRHO) Mythos, which can reveal major cybersecurity vulnerabilities across systems. An earlier draft of the executive order called for a longer 90-day review period, CNN reported , but companies pushed for a shorter timeline as they rapidly develop new models to stay ahead in the AI race. "The U.S. should lead on AI by continuing to develop the very best models, making sure they're safe, and getting cyber tools into the hands of trusted defenders," OpenAI ( OPENAI ) CEO Sam Altman posted on X, adding that the executive order "gets the balance right." Anthropic ( ANTHRO ) said the order is an important step in strengthening U.S. leadership in AI. "We look forward to collaborating with the White House to support its implementation." "The EO aims to deepen government and industry collaboration and give cyber defenders more solutions to stop bad actors," said Kent Walker, president of global affairs at Alphabet ( GOOGL ). "We're doing our part to ensure defenders have the AI tools they need to keep America secure." More on artificial intelligence Skeptics Call It Desperate, But Alphabet's $80B Raise Signals Infinite AI Demand Alphabet: The...