Journalism begins where hype ends

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"Any sufficiently advanced technology is equivalent to magic"

— Arthur C. Clarke

Bernie Sanders Proposes Legislation to Create $7 trillion AI Sovereign Wealth Fund

US Senator Bernie Sanders unveiled the American AI Sovereign Wealth Fund Act, a proposal to create a $7 trillion AI sovereign wealth fund.

The proposed legislation seeks to give the public a 50% ownership stake in the largest artificial intelligence companies in the United States.

Elon Musk Launches TERAFAB AI Chip Making Plant

Elon Musk announced launch of TERAFAB- an ambitious chip making facility to be set up in Austin of Texas.

Musk says his TERAFAB plant will achieve one terawatt of compute power- that’s 50 times the annual global computer power.