Governor Newsom Vetoes Controversial AI Safety Bill in California
Controversial California AI safety bill vetoed by Gov. Newsom California legislation aiming to limit the most existential threats of artificial intelligence was vetoed by California Gov. Gavin Newsom today, following fierce debate within the tech community about whether its requirements would save human lives or crush AI advancement. The bill would have set a de […]
Compensation Strategies at Major Oil and Gas Firms Fall Short in…
1. Only around 3% of CEO compensation is linked to the achievement of climate-related targets at the largest US oil and gas companies. 2. The climate targets indicated in their compensation packages are typically weak or ambiguous. 3. Despite companies’ often bold-sounding declarations, boards are not meaningfully giving senior leaders incentive to align their strategies […]
Colorado’s Bold Decision to Ban Oil Drilling Ignites National Debate
Colorado’s Bold Move to Ban Oil Drilling Sparks Nationwide Debate Earlier this year, Democratic lawmakers in Colorado proposed two pieces of legislation aimed at introducing a statewide ban on oil and gas wells, which would be the first of its kind in the U.S. One of the bills aimed to introduce a ban on new […]
Mark Cuban cautions that U.S. must secure victory in AI race ‘or face dire consequences’
Mark Cuban warns U.S. must win AI race ‘or we lose everything’ Billionaire investor Mark Cuban warned the stakes couldn’t be higher for the U.S. in the global competition for leadership in artificial intelligence. In an interview on CNBC Thursday, he was asked if the federal government’s prioritization of certain investments as part of an […]
What Are the Potential Rate Cuts by the Bank of Canada?
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The Bank of Canada probably doesn’t need additional reasons to keep cutting interest rates, but with the US Federal Reserve having joined the party with a jumbo cut of its own, there’s now fresh impetus for the Canadian central bank to not only lower rates further but perhaps even take a bigger bite out of […]
DOE Invests Billions in Battery Recycling to Address Expanding Electric Vehicle Market Trends
VANCOUVER – The U.S. Department of Energy (DOE) has unveiled an ambitious initiative to advance the green transition: a significant investment exceeding $3 billion aimed at bolstering the domestic production and recycling of battery materials. This funding comes at a critical juncture as the electric vehicle (EV) market prepares for an avalanche of battery disposals, […]
Weekly Market Outlook: Can the NFP Report Confirm Rate Cut Optimism?
Fed policymakers maintain a dovish stance, and market participants are pricing in a potential 50 basis point rate cut in November. The US dollar hit a fresh YTD low, while Gold and Silver continued to advance. The week ahead features key data releases, including Eurozone inflation and US nonfarm payrolls, which could shape central bank […]
Oil and Gas Boom Drives Surge in U.S. Methane Emissions
Oil and Gas Boom Fuels U.S. Methane Surge Despite ambitious promises of an accelerated green transition from the government, the U.S. is still experiencing extremely elevated levels of methane emissions each year. As the Biden administration pumps billions into renewable energy, clean technologies, and decarbonisation projects, methane emissions continue to rise year on year with […]
Sam Altman refutes claims of receiving equity in for-profit OpenAI
Sam Altman denies plan to give him equity in for-profit OpenAI OpenAI may be changing to a for-profit company, but according to CEO Sam Altman, that doesn’t mean he’s about to strike it rich. Altman told OpenAI employees in an all-hands meeting Thursday that there are no plans to give him a “giant equity stake” […]
West Oak Reveals Opportunity to Acquire the Ptarmigan Silica Project – Silicon Metals Corp
West Oak Announces Option to Acquire the Ptarmigan Silica Project – Silicon Metals Corp West Oak Gold Corp. has entered a property option agreement with Cronin Exploration Inc. to acquire a 100% interest in the Ptarmigan Silica Project in British Columbia. The 2,280.3-hectare site, showing promising silica grades of 97-98% SiO2, is located 130km from […]