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  • Senate Judiciary advances journalism bargaining bill targeting Big Tech | CNN Business

    Senate Judiciary advances journalism bargaining bill targeting Big Tech | CNN Business

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    Washington
    CNN
     — 

    The Senate Judiciary Committee advanced legislation on Thursday that would give news organizations the power to jointly bargain against Meta, Google and other online platforms for a greater share of online advertising revenue.

    The legislation would create an antitrust exemption allowing radio and TV broadcasters, as well as small news outlets with fewer than 1,500 employees, to “band together” and arrest the decline of local journalism in cities and states across the country, said its lead co-sponsors, Minnesota Democratic Sen. Amy Klobuchar and Louisiana Republican Sen. John Kennedy.

    The concept, a version of which became law in Australia in 2021 and since been proposed in numerous countries, has been vigorously opposed by tech giants who in some cases have threatened to pull news content from their platforms over the legislation.

    Meta and Google didn’t immediately respond to a request for comment.

    The measure cleared the committee by a vote of 14-7. But it faces an uncertain future on the Senate floor.

    One member of the committee, California Democratic Sen. Alex Padilla, voted against the bill Thursday and vowed to block any future floor vote on the legislation until lawmakers make several changes.

    Padilla said the legislation doesn’t do enough to ensure that actual journalists in local newsrooms will benefit from the bargaining, as opposed to hedge funds and publication owners. He also raised concerns that the bill as written could allow online platforms such as Google to charge individual internet users each time they attempt to share or click on a link to a news article, a practice Padilla warned would be harmful to the internet.

    “This bill, as written, does nothing to guarantee the protection or pay of the journalists and media workers that we’re claiming to try to protect,” Padilla said. “For us to ignore them while claiming to be fighting for them is absurd.”

    Several other senators echoed Padilla’s remarks on Thursday, including Democratic Sens. Jon Ossoff, Peter Welch and Cory Booker.

    Kennedy and Klobuchar argued that the bill — which had previously passed out of the committee during the last Congress, in 2022 — is urgently necessary in light of the closure of thousands of local newspapers nationwide since the rise of online platforms.

    “We have small towns in all of our states with news organizations that cover everything from what’s happening in the city council to reports of the local high school football and volleyball games to informing citizens that a flood is coming,” Klobuchar said. “That kind of reporting … is being undermined right now because, in a very tough market, these news reporters and news organizations are not getting the share of the revenue that they should get.”

    Kennedy urged colleagues to set aside their other views on tech platforms and news media.

    “This bill is not about whether or not you like social media,” Kennedy said. “This bill is not about whether or not you like what is happening in American news media today. This bill is about creative content. That’s all it’s about. And whether we respect creative content and value it, or whether we do not.”

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  • Apple is now worth $3 trillion, boosted by the Nasdaq’s best start in 40 years | CNN Business

    Apple is now worth $3 trillion, boosted by the Nasdaq’s best start in 40 years | CNN Business

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    New York
    CNN
     — 

    Apple’s stock ended trading Friday valued at $3 trillion, the only company ever to reach that milestone. It has been riding a Big Tech stock wave that has given the Nasdaq its best first half gain in 40 years.

    Shares of Apple rose more than 2% Friday at a record $193.97. With 15.7 billion shares outstanding, that stock price pushed Apple to its historic market value.

    Apple has been here once before: On January 3, 2022, Apple hit the $3 trillion mark during intraday trading, but it failed to close there.

    The company’s stock closed Thursday at a record high share price for the third-straight day, but it merely budged 0.2% higher. Apple easily surpassed the $190.73 level it needed to break $3 trillion at Friday’s market open.

    The sky-high valuation for the tech giant comes on the heels of its risky launch of the Apple Vision Pro earlier this month and a stronger-than-expected quarterly earnings report in May – even though sales and profit slumped.

    The Vision Pro, which will go on sale next year, impressed tech journalists who got an early preview of the augmented reality device. But it is entering a nascent market with little mainstream consumer adoption. Apple plans to charge a hefty $3,499 for its headset, which currently has limited apps and experiences, and requires users to stay tethered to a battery pack the size of an iPhone.

    Apple’s

    (AAPL)     stock has skyrocketed 49% this year, boosted by a broader surge in Big Tech stocks as investors have jumped onto the AI bandwagon. Nvidia

    (NVDA)     leads the S&P 500 with a 190% jump this year, followed by Meta

    (META)     at 138%.

    The Nasdaq grew by 31.7% in the first half of the year, notching its largest first half percentage gain since 1983.

    This year’s stock market success for Apple comes in sharp contrast to 2022. At the start of 2023, Apple’s market cap fell below $2 trillion in trading for the first time since early 2021.

    Wall Street ended the first half of 2023 on a positive note as the tech rally led markets to close higher for both the month and second quarter of the year.

    The S&P 500 gained 6.5% in June, its best monthly performance since January. It also notched its third consecutive quarter of growth, up 8.3% in the second quarter. The S&P 500 is about 15.9% higher so far this year, its best half since 2019.

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  • China just played a trump card in the chip war. Are more export curbs coming? | CNN Business

    China just played a trump card in the chip war. Are more export curbs coming? | CNN Business

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    Hong Kong
    CNN
     — 

    A trade war between China and the United States over the future of semiconductors is escalating.

    Beijing hit back Monday by playing a trump card: It imposed export controls on two strategic raw materials, gallium and germanium, that are critical to the global chipmaking industry.

    “We see this as China’s second, and much bigger, counter measure to the tech war, and likely a response to the potential US tightening of [its] AI chip ban,” said Jefferies analysts. Sanctioning one of America’s biggest memory chipmakers, Micron Technology

    (MU)    , in May was the first, they said.

    Here’s what you need to know about gallium and germanium, how they could play into the chip war and whether more countermeasures could be coming.

    Last October, the Biden administration unveiled a set of export controls banning Chinese companies from buying advanced chips and chip-making equipment without a license.

    Chips are vital for everything from smartphones and self-driving cars to advanced computing and weapons manufacturing. US officials have talked about the move as a measure to protect national security interests.

    But it didn’t stop there. For the curbs to be effective, Washington needed other key suppliers, located in the Netherlands and Japan, to join. They did.

    China eventually retaliated. In April, it launched a cybersecurity probe into Micron before banning the company from selling to Chinese companies working on key infrastructure projects. On Monday, Beijing announced the restrictions on gallium and germanium.

    Gallium is a soft, silvery metal and is easy to cut with a knife. It’s commonly used to produce compounds that are key materials in semiconductors and light-emitting diodes.

    Germanium is a hard, grayish-white and brittle metalloid that is used in the production of optical fibers that can transmit light and electronic data.

    The export controls have drawn comparisons with China’s reported attempts in early 2021 to restrict exports of rare earths, a group of 17 elements for which China controls more than half of the global supply.

    Gallium and germanium do not belong to this group of minerals. Like rare earths, they can be expensive to mine or produce.

    This is because they are usually formed as a byproduct of mining more common metals, primarily aluminum, zinc and copper, and processed in countries that produce them.

    China is the world’s leading producer of both gallium and germanium, according to the US Geological Survey. The country accounted for 98% of the global production of gallium, and 68% of the refinery production of germanium.

    “The economies of scale in China’s extensive and increasingly integrated mining and processing operations, along with state subsidies, have allowed it to export processed minerals at a cost that operators elsewhere can’t match, perpetuating the country’s market dominance for many critical commodities,” analysts from Eurasia Group said on Tuesday.

    Shares of Chinese producers of the two raw materials surged by 10% on Tuesday.

    Beyond China, Australian rare earths producers also advanced, as investors expected Beijing might extend export curbs to that group of strategically important minerals. Lynas Rare Earths

    (LYSCF)     rose 1.5%.

    The United States is dependent on China for these the two critical elements. It imported more than 50% of the gallium and germanium it used in 2021 from the country, the US Geological Survey showed.

    Eurasia Group analysts described China’s export controls as a “warning shot.”

    “It is a shot across the bow intended to remind countries including the United States, Japan, and the Netherlands that China has retaliatory options and to thereby deter them from imposing further restrictions on Chinese access to high-end chips and tools,” Eurasia Group said in a research note.

    Chinese authorities may also intend to use its control over these niche metals as a possible bargaining chip in discussions with US Treasury Secretary Janet Yellen, who is scheduled to visit Beijing later this week.

    Jefferies analysts said the timing of the announcement was unlikely to be a casual decision.

    “It gives the US at least two days to digest and come up with a well-considered response,” they said.

    However, the move is not considered “a death blow” to the United States and its allies.

    China may be the industry leader, but there are alternative producers, as well as available substitutes for both minerals, the Eurasia Group analysts pointed out.

    The United States also imports a fifth of its gallium from the United Kingdom and Germany and buys more than 30% of its germanium from Belgium and Germany.

    That’s definitely possible, a former senior Chinese official has warned.

    The curbs announced this week are “just the start,” Wei Jianguo, a former deputy commerce minister, told the official China Daily on Wednesday, adding China has more tools in its arsenal with which to retaliate.

    “If the high-tech restrictions on China become tougher in the future, China’s countermeasures will also escalate,” he was quoted as saying.

    Analysts believe this too. Rare earths, which are not difficult to find but are complicated to process, are also critical in making semiconductors, and could be the next target.

    “If this action doesn’t change the US-China dynamics, more rare earth export controls should be expected,” Jefferies analysts said.

    However, analysts from Eurasia Group warned that restricting exports is a “double-edged sword.”

    Past attempts by China to leverage its dominance in rare earths have reduced availability and raised prices. Higher prices have spurred greater competition by making mining and processing ventures outside of China more cost-competitive, they said.

    China cut its rare earths export quota in 2010 amid tensions with the United States.

    That resulted in greater efforts by companies outside of the country to produce the metals. US data showed that China’s global market share dropped from 97% in 2010 to about 60% in 2019.

    “Imposing export restrictions risks reducing market dominance,” the Eurasia Group analysts said.

    CNN’s Hanna Ziady and Xiaofei Xu contributed to reporting.

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  • Meta takes aim at Twitter with new Threads app | CNN Business

    Meta takes aim at Twitter with new Threads app | CNN Business

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    London
    CNN
     — 

    The rivalry between Mark Zuckerberg and Elon Musk has just kicked up a notch.

    Zuckerberg’s Meta, which owns Facebook and Instagram, has teased a new app that is set to take on Twitter by offering a rival space for real-time conversations online.

    The app is called Threads and it is expected to go live Thursday, according to a listing in the App Store. The app appears to have many similarities to Twitter — the App Store description emphasizes conversations, as well as the potential to build a following and connect with like-minded people.

    “Threads is where communities come together to discuss everything from the topics you care about today to what’ll be trending tomorrow,” it reads.

    “Whatever it is you’re interested in, you can follow and connect directly with your favorite creators and others who love the same things — or build a loyal following of your own to share your ideas, opinions and creativity with the world.”

    The move by Meta comes amid a fresh bout of turmoil at Twitter, which experienced an outage over the weekend, followed by an announcement that the site had imposed temporary limits on how many tweets its users are able to read while using the app.

    Musk, the platform’s billionaire owner, said these restrictions had been applied “to address extreme levels of data scraping and system manipulation.”

    Commenting on the launch of Threads Monday, Musk tweeted: “Thank goodness they’re so sanely run,” parroting reported comments by Meta executives that appeared to take a jab at Musk’s erratic behavior.

    Since taking Twitter private in October, Musk has turned the social media platform on its head, alienating advertisers and some of its highest-profile users.

    He is now looking for ways to return the platform to growth. Twitter announced Monday that users would soon need to pay for TweetDeck, a tool that allows people to organize and easily monitor the accounts they follow.

    Twitter is also attempting to encroach on Meta’s domain.

    In May, Twitter added encrypted messaging and said calls would follow, developments that could allow the platform to compete with Facebook Messenger and WhatsApp, also owned by Meta.

    Musk and Zuckerberg’s rivalry could soon extend beyond business and into the ring. Last month, the two men discussed the possibility of a cage fight, with the Las Vegas arena that hosts the Ultimate Fighting Championship seemingly the favorite location for the match.

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  • US orders deployment of fighter jets and Navy destroyer to Middle East in response to Iranian activities | CNN Politics

    US orders deployment of fighter jets and Navy destroyer to Middle East in response to Iranian activities | CNN Politics

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    CNN
     — 

    US Defense Secretary Lloyd Austin has ordered F-35 and F-16 fighter jets deployed to the Middle East, as well as the destroyer USS Thomas Hudner, in response to Iranian activities in the Strait of Hormuz.

    “In response to a number of recent alarming events in the Strait of Hormuz, the Secretary of Defense has ordered the deployment of the destroyer USS Thomas Hudner, F-35 fighters and F-16 fighters to the US Central Command Area of Responsibility to defend US interests and safeguard freedom of navigation in the region,” Pentagon deputy press secretary Sabrina Singh said Monday.

    The deployments come after two incidents earlier this month in which Iranian Navy ships attempted to seize merchant vessels in the Strait of Hormuz and the Gulf of Oman.

    The US Navy intervened in both incidents on July 5. In one instance, in which an Iranian vessel was approaching the Richmond Voyager oil tanker, Iranian personnel opened fire on the tanker and hit the ship near the crew’s living spaces.

    “In light of this continuing threat, and in coordination with our partners and allies, the department is increasing our presence and ability to monitor the straight and surrounding waters,” Singh said. “We call upon Iran to immediately cease these destabilizing actions that threaten the free flow of commerce through this strategic waterway of which the world depends on for more than one fifth of the world’s oil supply.”

    Last week, a senior defense official said that US air and maritime forces are working together to continue monitoring the waterway, recently starting to fly A-10 attack aircraft over the Strait of Hormuz. The A-10s were deployed in late March.

    The US also bolstered its forces in the Middle East in May after destabilizing actions from Iran in the Persian Gulf.

    “[The] United States will not allow foreign or regional powers to jeopardize freedom of navigation through the Middle East waterways, including the Strait of Hormuz,” National Security Council Coordinator for Strategic Communications John Kirby said at the time.

    He added that there is “simply no justification” for Iranian actions to interfere, harass or attack merchant ships.

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  • AC is hard on the planet. This building has a sustainable solution | CNN Business

    AC is hard on the planet. This building has a sustainable solution | CNN Business

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    New York
    CNN
     — 

    In mid-July at the construction site at 1 Java Street in Brooklyn, New York, the outside temperatures can reach sweltering highs in the 90s. But 500-feet underground, it’s 55 degrees all year round.

    That stable, underground temperature will be key to making life comfortable in the residential building that will soon sit on the site, a scenic spot in the Greenpoint neighborhood along Brooklyn’s waterfront.

    With 834 rental apartments plus commercial space, 1 Java Street is set to be the largest multifamily, residential building with “geothermal” heating and cooling system in New York State — and potentially the country — when it’s completed in late 2025, according to developer Lendlease.

    Geothermal technology is essentially a more eco-friendly version of an HVAC system, allowing the building spaces and water to be cooled and heated more efficiently, without traditional window AC units and natural gas. Lendlease says the technology will make it possible for the nearly 790,000-square foot building to release around 55% less carbon and achieve net zero greenhouse gas emissions.

    With summer temperatures reaching record highs around the world, experts say finding ways to cool buildings that are less taxing on the environment could be crucial in fighting climate change. Even back in 2018, air conditioning and electric fans accounted for around 20% of total global electricity use, according to a report cpublished that year by the International Energy Agency. Now, energy and urban development experts are urging cities and developers to implement new solutions to keep buildings cooler. And both New York City and the Biden administration have identified geothermal systems as one way to reduce greenhouse gas emissions.

    “Whenever we look at a site, we consider how we can make it more sustainable,” Layth Madi, Lendlease’s senior vice president and director of development, told CNN, adding that the development firm is aiming to reach net zero by 2025 and be fully decarbonized by 2040.

    “I think many residents will choose to live in this building because of its green credentials,” Madi said. “We know a lot of people are thinking about climate change and our impact on the planet.”

    Geothermal plumbing works by sending water from a building deep into the ground below it to take advantage of the earth’s naturally stable internal temperature — on hot days, the underground temperature will reduce the temperature of warm water from the building to help with cooling; on cold days, it will warm up cold water to help with heating.

    At 1 Java Street, construction crews are drilling 320 holes, each around 4 inches in diameter and 499-feet deep, to create the building’s geothermal piping system through which the water will be pumped.

    “Your thermostat turns on and it tells your building, ‘I need heating or cooling.’ And it energizes pumps, and those pumps flow fluid through the [geothermal] circuit that we’ve established here on site,” said Adam Alaica, director of engineering and development at Geosource Energy, the Canadian firm that’s installing and drilling the vertical geothermal piping at 1 Java Street.

    For now, the process doesn’t come cheap. Installing the building’s geothermal system increased construction costs by around 6%, according to Madi, and required securing equipment and trained manpower that remains relatively scarce.

    “We’re seeing rapid growth — I would say approaching that of exponential growth year over year in interest in the technology, which is very exciting for the industry as a whole,” Alacia said. “The bottlenecks to that growth have always been, and will continue to be in the years to come, specialty machinery to implement this infrastructure and the people resources it takes to do this.”

    Eventually, though, as more developers invest in geothermal and more companies provide the specialty training needed to install the technology — Geosource operates its own training program — Madi said he expects the costs to come down. And once the building is up and running, it should be more cost efficient to heat and cool.

    Lendlease didn’t specify whether residents of 1 Java Street will experience any cost savings on utilities thanks to the geothermal system (the units themselves will be priced at market rate, with 30% of them set aside as affordable housing). “Ultimately, it will be up to tenants to manage their power consumption and work with the utility company on billing,” the company told CNN.

    While 1 Java Street will be one of relatively few geothermal buildings in the state, the companies behind its development say New York — and the world — could use more buildings like it.

    “Geothermal is not a new technology … there’s kind of a primitive component to it, using the earth as a heat source and heat sink,” Alacia said. “In general, geothermal can really be used anywhere you have ground under your feet … The cost and the business case can vary, but technically it has strong credentials really anywhere in the country.”

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  • The FTC should investigate OpenAI and block GPT over ‘deceptive’ behavior, AI policy group claims | CNN Business

    The FTC should investigate OpenAI and block GPT over ‘deceptive’ behavior, AI policy group claims | CNN Business

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    Washington
    CNN
     — 

    An AI policy think tank wants the US government to investigate OpenAI and its wildly popular GPT artificial intelligence product, claiming that algorithmic bias, privacy concerns and the technology’s tendency to produce sometimes inaccurate results may violate federal consumer protection law.

    The Federal Trade Commission should prohibit OpenAI from releasing future versions of GPT, the Center for AI and Digital Policy (CAIDP) said Thursday in an agency complaint, and establish new regulations for the rapidly growing AI sector.

    The complaint seeks to bring the full force of the FTC’s broad consumer protection powers to bear against what CAIDP portrayed as a Wild West of runaway experimentation in which consumers pay for the unintended consequences of AI development. And it could prove to be an early test of the US government’s appetite for directly regulating AI, as tech-skeptic officials such as FTC Chair Lina Khan have warned of the dangers of unchecked data use for commercial purposes and of novel ways that tech companies may try to entrench monopolies.

    The FTC declined to comment. OpenAI didn’t immediately respond to a request for comment.

    “We believe that the FTC should look closely at OpenAI and GPT-4,” said Marc Rotenberg, CAIDP’s president and a longtime consumer protection advocate on technology issues.

    The complaint attacks a range of risks associated with generative artificial intelligence, which has captured the world’s attention after OpenAI’s ChatGPT — powered by an earlier version of the GPT product — was first released to the public late last year. Everyday internet users have used ChatGPT to write poetry, create software and get answers to questions, all within seconds and with surprising sophistication. Microsoft and Google have both begun to integrate that same type of AI into their search products, with Microsoft’s Bing running on the GPT technology itself.

    But the race for dominance in a seemingly new field has also produced unsettling or simply flat-out incorrect results, such as confident claims that Feb. 12, 2023 came before Dec. 16, 2022. In industry parlance, these types of mistakes are known as “AI hallucinations” — and they should be considered legally enforceable violations, CAIDP argued in its complaint.

    “Many of the problems associated with GPT-4 are often described as ‘misinformation,’ ‘hallucinations,’ or ‘fabrications.’ But for the purpose of the FTC, these outputs should best be understood as ‘deception,’” the complaint said, referring to the FTC’s broad authority to prosecute unfair or deceptive business acts or practices.

    The complaint acknowledges that OpenAI has been upfront about many of the limitations of its algorithms. For example, the white paper linked to GPT’s latest release, GPT-4, explains that the model may “produce content that is nonsensical or untruthful in relation to certain sources.” OpenAI also makes similar disclosures about the possibility that tools like GPT can lead to broad-based discrimination against minorities or other vulnerable groups.

    But in addition to arguing that those outcomes themselves may be unfair or deceptive, CAIDP also alleges that OpenAI has violated the FTC’s AI guidelines by trying to offload responsibility for those risks onto its clients who use the technology.

    The complaint alleges that OpenAI’s terms require news publishers, banks, hospitals and other institutions that deploy GPT to include a disclaimer about the limitations of artificial intelligence. That does not insulate OpenAI from liability, according to the complaint.

    Citing a March FTC advisory on chatbots, CAIDP wrote: “Recently [the] FTC stated that ‘Merely warning your customers about misuse or telling them to make disclosures is hardly sufficient to deter bad actors. Your deterrence measures should be durable, built-in features and not bug corrections or optional features that third parties can undermine via modification or removal.’”

    Artificial intelligence also stands to have vast implications for consumer privacy and cybersecurity, said CAIDP, issues that sit squarely within the FTC’s jurisdiction but that the agency has not studied in connection with GPT’s inner workings.

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  • Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates | CNN Business

    Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates | CNN Business

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    Hong Kong
    CNN
     — 

    China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers, in apparent retaliation after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing.

    The Cyberspace Administration of China (CAC) will review products sold by Micron in the country, according to a statement by the watchdog late on Friday.

    The move is aimed at “ensuring the security of key information infrastructure supply chains, preventing cybersecurity risks caused by hidden product problems, and maintaining national security,” it noted.

    It came on the same day that Japan, a US ally, said it would restrict the export of advanced chip manufacturing equipment to countries including China, following similar moves by the United States and the Netherlands.

    Washington and its allies have announced curbs on China’s semiconductor industry, which strike at the heart of Beijing’s bid to become a tech superpower.

    Last month, the Netherlands also unveiled new restrictions on overseas sales of semiconductor technology, citing the need to protect national security. In October, the United States banned Chinese companies from buying advanced chips and chipmaking equipment without a license.

    Micron told CNN it was aware of the review.

    “We are in communication with the CAC and are cooperating fully,” it said, adding that it stands by the security of its products.

    Shares in Micron sank 4.4% on Wall Street Friday following the news, the biggest drop in more than three months. Micron derives more than 10% of its revenue from China.

    In an earlier filing, the Idaho-based company had warned of such risks.

    “The Chinese government may restrict us from participating in the China market or may prevent us from competing effectively with Chinese companies,” it said last week.

    China has strongly criticized restrictions on tech exports, saying last month it “firmly opposes” such measures.

    In efforts to boost growth and job creation, Beijing is seeking to woo foreign investments as it grapples with mounting economic challenges. The newly minted premier Li Qiang and several top economic officials have been rolling out the welcome wagon for global CEOs and promising they would “provide a good environment and services.”

    But Beijing has also exerted growing pressure on foreign companies to bring them into line with its agenda.

    Last month, authorities closed the Beijing office of Mintz Group, a US corporate intelligence firm, and detained five local staff.

    Days earlier, they suspended Deloitte’s operations in Beijing for three months and imposed a fine of $31 million over alleged lapses in its work auditing a state-owned distressed debt manager.

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  • Alibaba unveils its ChatGPT-style service | CNN Business

    Alibaba unveils its ChatGPT-style service | CNN Business

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    Hong Kong
    CNN
     — 

    Alibaba showed off its answer to the ChatGPT craze on Tuesday, demonstrating new software that it plans to eventually roll out across all its platforms.

    The Chinese tech giant unveiled Tongyi Qianwen, a large language model that will be embedded in its Tmall Genie smart speakers and workplace messaging platform DingTalk. It was trained on vast troves of data in order to generate compelling responses to users’ prompts.

    The technology will initially be integrated into those two products and eventually added to all Alibaba

    (BABA)     applications, from e-commerce to mapping services, according to the company.

    Group CEO Daniel Zhang, who also oversees Alibaba’s cloud division, presented the new AI-powered service at a conference in Beijing, where the company demonstrated how it will allow users to transcribe meeting notes, craft business pitches and tell children’s stories.

    The company has opened up Tongyi Qianwen — which roughly translates as “seeking truth by asking a thousand questions” — to enterprise customers for testing before making it available to more users.

    “We are at a technological watershed moment, driven by generative AI and cloud computing,” Zhang said.

    Generative AI refers to the technology that underpins platforms like ChatGPT. The service has exploded in popularity in recent months, and Chinese tech companies have been racing to release their own versions, prompting some critics to predict that the trend will add fuel to an existing US-China rivalry in emerging technologies.

    Alibaba, which has a large cloud computing business, will also allow clients of that division to use the new technology to build their own customized large language models, the firm said in a statement.

    The debut comes after that of Baidu

    (BIDU)    , which launched its own ChatGPT-style service last month. During a similar presentation, Baidu

    (BIDU)     showed how its chatbot, called ERNIE, could generate a company newsletter, come up with a corporate slogan and solve a math riddle.

    On Monday, SenseTime, one of China’s most prominent AI companies, launched a suite of new services, including a chatbot called SenseChat.

    China will be setting rules to govern the operation of such services. In draft guidelines issued Tuesday to solicit public feedback, the country’s cyberspace regulator said generative AI services would be required to undergo security reviews before they can operate.

    Service providers will also be required to verify users’ real identities. In addition, they must provide information about the scale and type of data they use, their basic algorithms and other technical information.

    Alibaba’s shares in Hong Kong ticked up 1.6% following its demonstration.

    The company announced last month that it planned to split its business into six units. Most of those units, including its cloud services business that oversees AI projects, will be authorized to raise capital and pursue public listings.

    — Juliana Liu contributed to this report.

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  • ‘He’s lost that old twinkle:’ When a young Joe Biden criticized his opponent’s age | CNN Politics

    ‘He’s lost that old twinkle:’ When a young Joe Biden criticized his opponent’s age | CNN Politics

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    CNN
     — 

    President Joe Biden, who at 80 has had to confront questions about his age and mental acuity as he is poised to launch a reelection campaign for president, once ran a campaign that sharply attacked his opponent’s age.

    In 1972, Biden, then 29 years old and a local Delaware councilman, was running against incumbent Republican Sen. Cale Boggs who was 63 years old, a former two term governor and the state’s senior senator.

    “Cale doesn’t want to run, he’s lost that old twinkle in his eye he used to have,” Biden said of Boggs, who had originally wanted to retire but was persuaded to run for reelection.

    Biden used his opponent’s age against him in a way that was so explicit, one local reporter dubbed his approach, “Dear old dad.”

    Biden was running to become one of the youngest people ever elected to the United States Senate. Now, the president is already the oldest person ever to serve in the office of the presidency, and, if reelected, would leave office at the age of 86. That would best the next oldest president by more than 9 years if he served a full second term.

    The president’s age has been “omnipresent” in nearly every conversation, CNN reported in February, though that notion was disputed by a White House spokesperson.

    In response to a request for comment, White House spokesman Andrew Bates told CNN that Biden has made “historic progress” that has been “enthusiastically welcomed by younger Americans – including his unprecedented investments in fighting climate change, his first-of-its kind police reform executive order, his actions to support community policing and decriminalize marijuana, and getting more Americans health coverage than ever before.”

    In 1972, advertisements for Biden in local newspapers and on the radio hammered home a line, “he understands what’s happening today.” The ads targeted Boggs’ age by bringing up past historical topics from Bogg’s “generation,” like Joseph Stalin ruling Russia, jazz musicians using heroin, the development of the polio vaccine, and taxes from the 1940s.

    “Cale Boggs’ generation dreamed of conquering polio, Joe Biden’s generation dreams of conquering heroin,” read one newspaper ad. “To Cale Boggs an unfair tax was the 1948 poll tax. To Joe Biden an unfair tax is the 1972 income tax,” read another.

    One radio advertisement targeted Boggs as too focused on past threats from Russia, while ignoring domestic issues like crime.

    “One of the biggest differences between Cale Boggs and Joe Biden is the things they worry about,” said the radio ad. “In Cale Boggs’ day when Stalin ruled, Americans had visions of the Russian soldiers in our streets. In Joe Biden’s day, Americans have visions of American criminals in our streets. Joe Biden, he understands what’s happening today.”

    The approach drew pushback from Sen. William Roth, a Delaware Republican who Biden would work closely with for the next 30 years, according to the News Journal, and commentary from the media at the time.

    Biden eventually won that race with the Associated Press declaring, “Biden stressed age to defeat Boggs.”

    As Pulitzer Prize-winning journalist Norm Lockman wrote, “The new campaign strategy, ordered by Biden himself, eases off the strident tub-thumping and finger pointing and uses an approach that says, in effect, “Dear old dad may have been right for his time – and I love him – but things are different now.’”

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  • Manchin rails against Biden’s clean energy plans as he faces tough political headwinds in West Virginia | CNN Politics

    Manchin rails against Biden’s clean energy plans as he faces tough political headwinds in West Virginia | CNN Politics

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    CNN
     — 

    West Virginia political observers were not surprised when Sen. Joe Manchin appeared on Fox News on Monday to make a stunning threat: He could be persuaded to vote to repeal his own bill, the Inflation Reduction Act, if the Biden administration pushed him far enough.

    The conservative Democratic senator reiterated this to CNN, saying he would “look for every opportunity to repeal my own bill” if the administration continued to use the IRA to steer the US quickly towards the clean energy transition and away from fossil fuels.

    The IRA, passed and signed into law last year, was a sweeping $750 billion bill that lowered prescription drug costs, raised taxes on large corporations, and invested $370 billion into new tax credits for cleaner energy. Even though Manchin carved out space for fossil fuels, the bill represents by far the biggest climate investment in US history.

    From the start, Manchin has insisted the IRA was an “energy security bill,” rather than a clean-energy bill. Still, experts said he must be sensitive to the idea that he ushered in what ended up being the nation’s largest climate law, given he represents West Virginia – a state where coal and natural gas reign supreme.

    Manchin’s repeal threat “was probably good politics,” West Virginia University political science professor Sam Workman told CNN. If he decides to seek reelection in 2024, the 75-year-old senator will face his toughest political fight yet, as popular West Virginia Republican Gov. Jim Justice jumped into the race this week.

    Justice’s bid for the seat “doesn’t change anything at all,” Manchin told CNN. But political experts from his home state see a man who is gearing up for a fight.

    Since delivering President Joe Biden one of his biggest legislative wins with the IRA last summer, Manchin has spent the last few months on a rampage against the administration, homing in on what he calls its “radical climate agenda.” Manchin has voted against Biden’s nominees for high-ranking administration positions, bashed new rules from the Environmental Protection Agency and Treasury Department and clashed with members of the president’s cabinet at Senate hearings.

    Manchin’s appearance on Fox to slam Biden and threaten to repeal the law he had an outsized role in writing “is a pretty good indicator to me that he’s running,” said John Kilwein, chair of West Virginia University’s political science department.

    Manchin has been silent on whether he’ll run for reelection, but as Justice announced his candidacy, Manchin expressed confidence. “Make no mistake, I will win any race I enter,” he said in a statement.

    The Democrat beat his Republican challenger by just three percentage points in 2018. And though Justice still must get through a primary against Republican Rep. Alex Mooney, the governor is already backed by Senate Republicans’ electoral arm and many in the state think he will present a serious challenge to Manchin.

    “Justice is a likable candidate – he takes that ‘aw shucks’ thing to the next level,” Kilwein said. “This is going to be [Manchin’s] toughest fight, but I think anyone who thinks this is going to be a piece of cake is wrong. I don’t think he’s going to be easy to beat.”

    Manchin is “in danger” politically, his Democratic colleague Sen. Richard Blumenthal of Connecticut told CNN.

    “Joe Manchin is the last remaining statewide elected Democrat [in West Virginia], and we want [him] back in the United States Senate,” Blumenthal said, adding Manchin was a “pillar of strength to Democrats in the last session.”

    Justice made little mention of Manchin during his official campaign launch but came out swinging against Biden and his agenda. On Friday, Justice told Fox News that Manchin “would be a formidable opponent” if he runs for reelection, but added that he’s “done some things that have really alienated an awful lot of West Virginians.”

    There is no denying that West Virginia is incredibly conservative; the state went nearly 40 percentage points for Trump in the 2020 election. But even with those fundamentals, political experts said Manchin has had tremendous staying power through retail politics and argue he can deliver for the state while standing up to Biden.

    “His whole appeal is a retail appeal; every blueberry festival, huckleberry festival, Joe Manchin’s there,” former West Virginia political science professor Patrick Hickey told CNN. “He’s a really smart and talented politician. He gets all the benefits that come from supporting (the IRA), but the next time he’s in West Virginia, he’ll be in a diner telling voters how terrible Biden is.”

    Behind the political rhetoric, the Inflation Reduction Act’s energy provisions could be a windfall for West Virginia, and Manchin is walking a tightrope in his messaging around the law.

    Despite blasting the Biden administration, Manchin has spent the past few months at home touting the benefits of the IRA and jobs it is already bringing to the state.

    Several major clean energy companies have invested hundreds of millions of dollars to build new manufacturing plants in the state: a battery factory, a new industrial facility totally powered by renewable energy, and a plant to make electric school buses.

    “The way Manchin talked about those, he’s crediting the IRA and saying, ‘see, these are the good things that have happened,’” said Angie Rosser, executive director of environmental group West Virginia Rivers. “Those are hundreds of jobs reaching into the thousands, which for our small state is a big, big deal.”

    The John E. Amos coal-fired power plant in Poca, West Virginia. Fossil fuel energy is still a mainstay in state.

    Rosser and others pointed out that Manchin designed the IRA specifically to deliver money to West Virginia, designing tax credits to incentivize more manufacturing in coal country and funding to help these communities during the transition to clean energy.

    Morgan King, a staff member of West Virginia Rivers, has been traveling across the state recently to talk to local officials about how they can apply for federal IRA funding. The response has been overwhelmingly positive, King told CNN.

    “We’ve spoken with people of all parties,” she said. “People don’t care [about] the politics of how this bill was created so long as this funding can make it into their communities. West Virginia is set to disproportionately benefit from this bill more than any other state.”

    Manchin has been at odds with the Biden administration on several fronts, but the administration’s climate policies and implementation of the Inflation Reduction Act seem to have struck a particular nerve – and Republicans have continued to heavily criticize the law.

    A political ad from Republican dark money group One Nation is already circulating in the state, claiming that the IRA would kill 100,000 jobs in West Virginia.

    “The notion that this is just a climate bill … it is damaging here in the state because we’re pretty far to the right on these issues, especially energy issues,” Workman said. “When you sell something as a climate bill, given the economic context here and our history, it’s somewhat harder for people to see indirect benefits like jobs.”

    Manchin recently voted alongside Republicans on Congressional Review Act bills to undo EPA emissions rules for heavy-duty trucks as well as a climate-focused Labor Department rule (Biden has already vetoed one and promised to veto the other). In March, Manchin tanked top Interior Department nominee Laura Daniel-Davis, claiming she wasn’t upholding a part of the IRA that mandates offshore oil drilling in certain federal waters.

    The dynamic has put Senate Democrats in a tough spot. Democrats have a slightly expanded Senate majority after the midterms, but the continued absence of California Sen. Dianne Feinstein, who has been away from Washington as she recovers from shingles, has made for nailbiter votes.

    “He’s one of the most independent US senators out there,” Democratic Sen. Brian Schatz of Hawaii told CNN. “When he is frustrated, he’s not going to be shy about it. And right now, he’s obviously extremely frustrated with the administration, and that has to get sorted.”

    Manchin has also spent the last few months lobbing a steady stream of blistering statements aimed at Biden’s agencies. When the Environmental Protection Agency proposed strong new vehicle emissions regulations intended to push the US auto market towards electric vehicles in the next decade, Manchin said the agency was “lying to Americans” and called the regulations “radical” and “dangerous.”

    And when the Treasury Department issued guidance on IRA’s new EV tax credits – which were written by Manchin – the senator called it “horrific” and said it “completely ignores the intent” of his law.

    Some of his Democratic colleagues have panned his comments about repealing the IRA.

    “Maybe he should run for president,” Democratic Sen. Martin Heinrich of New Mexico told CNN. “He’s got one job; the president’s got another. The IRA is working.”

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  • EU approves Microsoft’s deal to buy Activision Blizzard | CNN Business

    EU approves Microsoft’s deal to buy Activision Blizzard | CNN Business

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    CNN
     — 

    European regulators have approved Microsoft’s $69 billion acquisition of Activision Blizzard, handing the technology giant a victory at a time when the deal is being challenged in other countries.

    While the merger could harm competition in some respects, particularly in the fast-growing market for cloud gaming services, concessions by Microsoft were enough to mitigate antitrust concerns stemming from the deal, the European Commission said in a statement.

    Among Microsoft’s offers were a 10-year commitment letting European consumers play Activision titles on any cloud gaming service. Microsoft also committed that it would not downgrade the quality or content of its games made available on rival streaming platforms.

    “These commitments fully address the competition concerns identified by the Commission and represent a significant improvement for cloud game streaming compared to the current situation,” the Commission said.

    The Microsoft deal, which would make the company the third largest game publisher in the world after Tencent and Sony, is being challenged in the United States and the UK.

    In a statement, Microsoft said its commitment on game streaming would go beyond the European Union.

    “The European Commission has required Microsoft to license popular Activision Blizzard games automatically to competing cloud gaming services,” said Microsoft President Brad Smith. “This will apply globally and will empower millions of consumers worldwide to play these games on any device they choose.”

    Activision CEO Bobby Kotick called the requirements “stringent” and pledged to expand investments in EU workers.

    “Our talented teams in Sweden, Spain, Germany, Romania, Poland and many other European countries have the skills, ambition, and government support needed to compete effectively on a global scale,” Kotick said in a statement. “We expect these teams to grow and prosper given their governments’ firm but pragmatic approach to gaming.”

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  • A new CEO won’t fix Twitter’s biggest problem | CNN Business

    A new CEO won’t fix Twitter’s biggest problem | CNN Business

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    New York
    CNN
     — 

    During his six months as Twitter’s CEO and owner, Elon Musk decimated its ad business, alienated some news publications and VIP users, and plunged the platform into a constant state of chaos.

    Now, a new chief executive will be tasked with trying to turn things around.

    Musk announced on Friday that he would in the coming weeks hand the CEO role over to Linda Yaccarino, a longtime media executive and former chairman of global advertising and partnerships at NBCUniversal. Yaccarino has said little publicly so far, beyond noting her excitement to “transform this business together.”

    Twitter is in desperate need of stability from a leader. And Yaccarino brings the ad industry chops that Twitter sorely needs to lure back top advertisers and boost its business after a turbulent period. But she may struggle to address Twitter’s biggest problem: Elon Musk.

    Although Musk is handing off the CEO title — and, perhaps, trying to shed some of the accountability that comes with it — the billionaire remains firmly in charge of the company as its owner and executive chair. Musk will still be in the C-Suite as Twitter’s chief technology officer. And he continues to be Twitter’s most-followed user, meaning his controversial statements to his nearly 140 million followers could still create headaches for the company.

    In tech, the CEO is often the public face of the brand. But Musk will almost certainly continue to fill that role, with or without the title, likely to Twitter’s detriment.

    Just this week, Musk drew backlash for baselessly attacking billionaire George Soros, a frequent target for antisemitic conspiracy theories, saying the financier “hates humanity.” Musk’s Twitter also faced criticism in recent days for removing some tweets and accounts at the behest of Turkey’s government amid the country’s election; the company later said it would object to the removal requests in court.

    On Tuesday, Musk said he “didn’t care” if his controversial tweets drew the ire of Twitter advertisers or Tesla shareholders. “I’ll say what I want to say, and if the consequence of that is losing money, so be it,” Musk said in an interview with CNBC.

    “The question is: can she help balance [Musk]?” said Tim Hubbard, management professor at University of Notre Dame’s Mendoza College of Business. He added that top ad buyers are more likely to take calls from Yaccarino than from Musk, who has previously said he hates advertising.

    But “the big problem with Twitter right now is, they’re on a pathway that turns advertisers off, turns users off,” Hubbard said. “Unless there are fundamental changes at Twitter, I don’t think [the leadership change] is going to have the immediate effect that Elon is hoping it will have.”

    Twitter did not respond to a request for comment on this story.

    The Musk issue was on full display at NBCU’s ad upfront this week, which was held shortly after Yaccarino resigned from the company following rumors of her appointment as Twitter’s CEO. On stage at the event, which aimed to promote NBCU’s platforms to advertisers, a talking bear sang to audience members: “Twitter may seem like the place to begin, but Twitter just let all the crazies back in.”

    Even if Musk pulls back on his tweeting, a feat he seems constitutionally incapable of achieving, it will be no easy task for Yaccarino to revive Twitter’s advertising business — let alone expand it.

    Many major advertisers left the platform following Musk’s takeover over concerns about an uptick of hate speech, frustrations over layoffs of much of the company’s ad and safety teams and general uncertainty about the platform’s future. Just 43% of Twitter’s top 1,000 advertisers as of September, the month before Musk’s takeover, were still advertising on the platform as of last month, according to data from market intelligence firm Sensor Tower.

    But for many, leaving Twitter may not have been a particularly difficult call.

    Even in the best of times, Twitter was an also-ran in the digital ad space compared to tech giants like Meta and Google, with a smaller user base and less sophisticated ad targeting technology. And Musk’s takeover came as many advertisers have pulled back their digital ad spending across the board during a precarious moment for the economy. That could only add to the difficulty Yaccarino will face in shoring up Twitter’s business.

    Musk, for his part, has been attempting to supplement, and potentially largely replace, Twitter’s ad business with subscriptions, but it appears that only a tiny fraction of Twitter users have bought in. The selection of Yaccarino suggests a recognition on his part that the company he bet $44 billion on will continue to be reliant on ad sales for the foreseeable future.

    It’s unclear how much freedom Yaccarino will have to hire additional staff to support her likely remit to revive advertising on Twitter after Musk laid off around 80% of the company’s staff last year. And even if she is able to hire, top talent may be wary of joining Twitter after Musk upended the company’s culture and reportedly rolled back benefits like work-from-home and extended parental leave.

    “Personnel is going to be a huge challenge for her … if tech workers are looking for a stable working environment, they will probably stay away from Twitter,” Hubbard said.

    But Musk’s ongoing influence remains the biggest potential hurdle.

    Musk has said he will oversee product, technology and software and systems operations, while Yaccarino will focus on business operations. The announcement has left open the question of whether Musk will remain in charge of controversial policy decisions, many of which — including allowing users to buy blue verification checks and restoring the accounts of rule violators, including white supremacists — have threatened Twitter’s popularity with users and advertisers.

    “Cleaning up Twitter requires reversing Musk’s dangerous policy decisions, reinvesting in content moderation and enforcement, and restructuring the platform’s governance,” Jessica Gonzalez, co-CEO of media watchdog Free Press who helped found the #StopToxicTwitter campaign encouraging advertisers to avoid the platform, said in a statement.

    “Musk is setting future CEO Linda Yaccarino up to fail — as long as he continues to make the platform toxic, it will be impossible to lure back advertisers and users,” she said.”

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  • How the CEO behind ChatGPT won over Congress | CNN Business

    How the CEO behind ChatGPT won over Congress | CNN Business

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    Washington
    CNN
     — 

    OpenAI CEO Sam Altman seems to have achieved in a matter of hours what other tech execs have been struggling to do for years: He charmed the socks off Congress.

    Despite wide-ranging concerns that artificial intelligence tools like OpenAI’s ChatGPT could disrupt democracy, national security, and the economy, Altman’s appearance Tuesday before a Senate subcommittee went so smoothly that viewers could have been forgiven for thinking the year was closer to 2013 than 2023.

    It was a pivotal moment for the AI industry. Altman’s testimony on Tuesday alongside Christina Montgomery, IBM’s chief privacy officer, promised to set the tone for how Washington regulates a technology that many fear could eliminate jobs or destabilize elections.

    But where lawmakers could have followed a familiar pattern, blasting the tech industry with hostile questioning and leveling withering allegations of reckless innovation, members of the Senate Judiciary Committee instead heaped praise on the companies — and often, on Altman in particular.

    The difference seemed to come down to OpenAI calling for proactive government regulation — and persuading lawmakers it was serious. Unlike the long list of social media hearings in recent years, this AI hearing came earlier in OpenAI’s lifecycle and, crucially, before the company or its technology had suffered any high-profile mishaps.

    Altman, more than any other figure in tech, has emerged as the face of a new crop of powerful and disruptive AI tools that can generate compelling written work and images in response to user prompts. Much of the federal government is now racing to figure out how to regulate the cutting-edge technology.

    But after his performance on Tuesday, the CEO whose company helped spark the new AI arms race may have maneuvered himself into a privileged position of influence over the rules that may soon govern the tools he’s developing.

    Altman’s easy-going, plain-spoken demeanor helped disarm skeptical lawmakers and appeared to win over Democrats and Republicans alike. His approach contrasted with the wooden, lawyerly performances that have afflicted some other tech CEOs in the past during their time in the hotseat.

    “I sense there is a willingness to participate here that is genuine and authentic,” said Connecticut Democratic Sen. Richard Blumenthal, who chairs the committee’s technology panel.

    New Jersey Democratic Sen. Cory Booker, adopting an unusual level of familiarity with a witness, found himself repeatedly addressing Altman as “Sam,” even as he referred to other panelists by their last names.

    Even Altman’s fellow witnesses couldn’t resist gushing about his style.

    “His sincerity in talking about those [AI] fears is very apparent, physically, in a way that just doesn’t communicate on the television screen,” Gary Marcus, a former New York University professor and a self-described critic of AI “hype,” told lawmakers.

    With a relaxed yet serious tone, Altman did not deflect or shy away from lawmakers’ concerns. He agreed that large-scale manipulation and deception using AI tools are among the technology’s biggest potential flaws. And he validated fears about AI’s impact on workers, acknowledging that it may “entirely automate away some jobs.”

    “If this technology goes wrong, it can go quite wrong, and we want to be vocal about that,” Altman said. “We want to work with the government to prevent that from happening.”

    Altman’s candor and openness has captivated many in Washington.

    On Monday evening, Altman spoke to a dinner audience of roughly 60 House lawmakers from both parties. One person in the room, speaking on condition of anonymity to discuss a closed-door meeting, described members of Congress as “riveted” by the conversation, which also saw Altman demonstrating ChatGPT’s capabilities “to much amusement” from the audience.

    Lawmakers have spent years railing against social media companies, attacking them for everything from their content moderation decisions to their economic dominance. On Tuesday, they seemed ready — or even relieved — to be dealing with another area of the technology industry.

    Whether this time is truly different remains unclear, though. The AI industry’s biggest players and aspirants include some of the same tech giants Congress has sharply criticized, including Google and Meta. OpenAI is receiving billions of dollars of investment from Microsoft in a multi-year partnership. And with his remarks on Tuesday, Altman appeared to draw from a familiar playbook for Silicon Valley: Referring to technology as merely a neutral tool, acknowledging his industry’s imperfections and inviting regulation.

    Some AI ethicists and experts questioned the value of asking a leading industry spokesperson how he would like to be regulated. Marcus, the New York University professor, cautioned that creating a new federal agency to police AI could lead to “regulatory capture” by the tech industry, but the warning could have applied just as easily to Congress itself.

    “It seems very very bad that ahead of a hearing meant to inform how this sector gets regulated, the CEO of one of the corporations that would be subject to that regulation gets to present a magic show to the regulators,” Emily Bender, a professor of computational linguistics at the University of Washington, said of Altman’s dinner with House lawmakers.

    She added: “Politicians, like journalists, must resist the urge to be impressed.”

    After years of fidgety evasiveness from other tech CEOs, however, lawmakers this week seemed easily wowed by Altman and his seemingly straight-shooting answers.

    Louisiana Republican Sen. John Kennedy, after expressing frustration with IBM’s Montgomery for providing a nuanced answer he couldn’t comprehend, visibly brightened when Altman quickly and smoothly outlined his regulatory proposals in a bulleted list. Kennedy began joking with Altman and even asked whether Altman might consider heading up a hypothetical federal agency charged with regulating the AI industry.

    “I love my current job,” Altman deadpanned, to audience laughter, before offering to send Kennedy’s office some potential candidates.

    Compounding lawmakers’ attraction to Altman is a belief on Capitol Hill that Congress erred in extending broad liability protections to online platforms at the dawn of the internet. That decision, which allowed for an explosion of blogs, e-commerce sites, streaming media and more, has become an object of regret for many lawmakers in the face of alleged mental health harms stemming from social media.

    “I don’t want to repeat that mistake again,” said Judiciary Committee Chairman Dick Durbin.

    Here too, Altman deftly seized an opportunity to curry favor with lawmakers by emphasizing distinctions between his industry and the social media industry.

    “We try to design systems that do not maximize for engagement,” Altman said, alluding to the common criticism that social media algorithms tend to prioritize outrage and negativity to boost usage. “We’re not an advertising-based model; we’re not trying to get people to use it more and more, and I think that’s a different shape than ad-supported social media.”

    In providing simple-sounding solutions with a smile, Altman is doing much more than shaping policy: He is offering members of Congress a shot at redemption, one they seem grateful to accept. Despite the many pitfalls of AI they identified on Tuesday, lawmakers appeared to thoroughly welcome Altman as a partner, not a potential adversary needing oversight and scrutiny.

    “We need to be mindful,” Blumenthal said, “of ways that rules can enable the big guys to get bigger and exclude innovation, and competition, and responsible good guys such as our representative in this industry right now.”

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  • The iPhone’s ducking autocorrect problem finally gets fixed | CNN Business

    The iPhone’s ducking autocorrect problem finally gets fixed | CNN Business

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    New York
    CNN
     — 

    Your iPhone’s autocorrect is getting a big ducking upgrade.

    Currently, when you enter a typo or key in an unrecognized word, Apple’s iOS uses some onboard machine learning and references a library of frequent misspellings to automatically correct your mistake. But, as anyone who has ever been seriously annoyed has learned, sometimes your correctly spelled salty language will get changed to something else entirely.

    In the new iOS 17, announced at Apple’s Worldwide Developers Conference Monday, a new kind of AI-powered autocorrect could solve that problem.

    Apple’s new iOS keyboard will learn your habits over time, fixing words that you frequently misspell – and leaving words alone that you intentionally thumbed in. It will also use AI to better predict your next word and provide improved autofill suggestions.

    “In those moments where you just want to type a ducking word, well, the keyboard will learn it, too,” said Craig Federighi, Apple’s head of software, during Apple’s presentation.

    Using a so-called transformer language model, similar to the technology that powers ChatGPT, Federighi said the new iOS will be able to fix entire sentences based on context. For example, Apple will know to change “your” to “you’re” when you’ve completed a sentence using the incorrect word.

    The new iOS will also allow you to revert to the original word you typed by tapping on the change, and it will learn from your habits over time.

    Predictive text is also getting better, allowing people to tap the spacebar to fill in words and complete entire sentences in some cases. Dictation is also getting some improvements, as Apple’s new keyboard engine will learn your voice over time.

    Apple is banking on its in-house processor, also announced at the conference, to power the language model each time a user interacts with the keyboard.

    The makeover to the keyboard and autocorrect will be in the new iOS 17 slated for later this year.

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  • Microsoft faces off against US government over Activision deal, with top execs set to testify | CNN Business

    Microsoft faces off against US government over Activision deal, with top execs set to testify | CNN Business

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    CNN
     — 

    Microsoft

    (MSFT)     and the video game giant Activision Blizzard

    (ATVI)     will face off Thursday against the US government in a high-stakes battle over one of the largest technology acquisitions in history.

    The showdown in federal court will have the CEOs of both companies taking the stand to defend their $69 billion merger against claims that the combination could violate US antitrust law and harm millions of consumers.

    The outcome of the fight will shape the future of the multibillion-dollar games industry. It will also impact enormously popular gaming franchises such as “Call of Duty” and “World of Warcraft,” which Activision owns and would be transferred to Microsoft under the deal.

    Also testifying will be the top financial executives from both companies; senior leaders from Microsoft’s Xbox division; the CEO of Microsoft Gaming, Phil Spencer; and a vocal critic of the deal, Sony gaming CEO Jim Ryan.

    The days-long affair begins Thursday and is scheduled to run through next week.

    In bringing the case, the Federal Trade Commission is asking a US district court judge for an injunction that would temporarily halt the deal. That would keep the companies from closing their merger, at least until the FTC’s in-house court rules in a separate proceeding on whether the acquisition is anticompetitive.

    But this week’s fight over a preliminary injunction may prove decisive for the deal as a whole. Microsoft has said that a victory for the FTC at this stage “will effectively block the transaction” overall.

    In this hearing, the FTC does not need to prove that the deal is anticompetitive. It just needs to show that the agency would be likely to succeed in doing so if the case moves ahead, and that otherwise its ability to enforce US antitrust law would be harmed.

    The clash comes as Microsoft and Activision face down a contractual July 18 deadline to consummate the deal. Failure to close, or any permanent court order to block the merger, could force Microsoft to pay a $3 billion breakup fee to Activision, according to the deal’s terms.

    The FTC lawsuit has put Microsoft under the harshest antitrust scrutiny in the US in more than two decades. It also could be a crucial test for the FTC at a time when it’s trying to rein in the tech industry broadly, with mixed success.

    In its initial challenge to the merger in its in-house court last year, the FTC alleged the deal would harm competition by turning Microsoft into the world’s third-largest video game publisher — allowing it to raise video game prices with impunity, restrict Activision titles from rival platforms and harm game quality and player experiences on consoles and gaming services.

    Some of those concerns have also been raised internationally. The UK government has challenged the acquisition, and the New Zealand government on Tuesday warned that the deal could be anticompetitive.

    Microsoft has sought to address the concerns by hammering out multi-year licensing agreements with competitors such as Nintendo and Nvidia to ensure that their platforms will continue to receive popular titles if the deal goes through.

    The company has also put forth an 11-point pledge to keep its platforms open, a commitment that applies not only to the Activision Blizzard deal but to virtually all of Microsoft’s gaming business going forward.

    Last month, Microsoft said the European Union would require it to license Activision games “automatically” to competing cloud gaming services as a condition of allowing the merger to proceed in the EU. That commitment, Microsoft said, “will apply globally and will empower millions of consumers worldwide to play these games on any device they choose.”

    Although EU regulators have said the concession addresses their concerns, officials in the US and the UK are continuing with their legal opposition to the deal.

    The standoff particularly focuses attention on FTC Chair Lina Khan, a tech industry critic who has argued for litigating difficult cases and for introducing novel legal theories to help adapt US antitrust law to the digital age.

    Khan won a significant victory last year when the FTC forced Nvidia to abandon its attempted acquisition of the chipmaker Arm. The deal would have combined two companies in adjacent industries in what is known as a vertical merger, a type of deal that is rarely blocked in the United States.

    But Khan also suffered a setback when the FTC unsuccessfully tried to block Facebook-parent Meta from acquiring Within Unlimited, a virtual reality startup. The FTC had argued that the acquisition was an attempt by Meta to quash competition in the nascent VR industry, but earlier this year, a federal judge declined to issue a preliminary injunction of the kind the FTC now seeks against Microsoft. The FTC dropped its case against Meta soon after.

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  • Here’s what’s left for the Supreme Court’s final week of the term | CNN Politics

    Here’s what’s left for the Supreme Court’s final week of the term | CNN Politics

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    Editor’s Note: A previous version of this story ran in early June.



    CNN
     — 

    All eyes are on the Supreme Court for its final week, as the justices will release cases on issues such as affirmative action, student loan payments, election law and LGBTQ rights.

    Of the 10 cases remaining, several that most capture the public’s attention are likely to lead to fiery opinions and dissents read from the bench.

    In addition, they will come down as the court finds itself in the center of a spotlight usually reserved for members of the political branches due to allegations that the justices are not transparent enough when it comes to their ethics disclosures, most recently with Justice Samuel Alito last week.

    Here are some of the remaining cases to be decided:

    The court is considering whether colleges and universities can continue to take race into consideration as a factor in admissions, a decision that could overturn long standing precedent that has benefited Black and Latino students.

    At issue are programs at Harvard and the University of North Carolina that the schools say help them to achieve diversity on campus.

    During oral arguments, the right side of the bench appeared ready to rule against the schools. Such an opinion would deliver a long-sought victory for opponents of affirmative action in higher education who have argued for decades that taking race into consideration – even in a limited manner – thwarts the goal of achieving a color-blind society.

    John Roberts skewers Harvard attorney’s comparison of race and music skills as qualities in applicants

    At the center of another case is a graphic designer, Lorie Smith, who seeks to expand her business and create custom websites to celebrate weddings – but does not want to work with gay couples out of religious objections to same-sex marriage.

    Smith has not yet moved forward with her new business venture because of Colorado’s public accommodations law. Under the law, a business may not refuse to serve individuals because of their sexual orientation. Smith, whose company is called 303 Creative LLC, said that she is willing to work with all people, regardless of their sexual orientation, but she draws the line at creating websites that celebrate same-sex marriage because expressing such a message would be inconsistent with her beliefs.

    The state and supporters of LGBTQ rights say that Smith is simply seeking a license to discriminate.

    The conservatives on the court were sympathetic at oral arguments to those put forward by Smith’s lawyer. They viewed the case through the lens of free speech and suggested that an artist or someone creating a customized product could not be forced by the government to express a message that violates her religious beliefs.

    Moore v. Harper has captured the nation’s attention because Republican lawmakers in North Carolina are asking the justices to adopt a long dormant legal theory and hold that state courts and other state entities have a limited role in reviewing election rules established by state legislatures when it comes to federal elections.

    The doctrine – called the Independent State Legislature theory – was pushed by conservatives and supporters of Trump after the 2020 presidential election.

    The North Carolina controversy arose after the state Supreme Court struck down the state’s 2022 congressional map as an illegal partisan gerrymander, replacing it with court-drawn maps that favored Democrats. GOP lawmakers appealed the decision to the US Supreme Court, arguing that the North Carolina Supreme Court had exceeded its authority.

    They relied upon the Elections Clause of the Constitution that provides that rules governing the “manner of holding Elections for Senators and Representatives” must be prescribed in “each state by the legislature thereof.”

    Under the independent state legislature theory, the lawmakers argued, state legislatures should be able to set rules with little to no interference from the state courts.

    The justices heard oral arguments in the case last winter and some of them appeared to express some support for a version of the doctrine. The justices could, however, ultimately dismiss the dispute due to new partisan developments in North Carolina.

    After the last election, the North Carolina Supreme Court flipped its majority to Republican. In April, the newly composed state Supreme Court reversed its earlier decision and held that the state constitution gives states no role to play in policing partisan gerrymandering. After that decision was issued, the justices signaled they may dismiss the case.

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    Anita Hill: America “has lost confidence in the Supreme Court”

    The Supreme Court is also considering two challenges to President Joe Biden’s student loan forgiveness program, an initiative aimed at providing targeted debt relief to millions of student-loan borrowers that has so far been stalled by legal challenges.

    Republican-led states and conservatives challenging the program say it amounts to an unlawful attempt to erase an estimated $430 billion of federal student loan debt under the guise of the pandemic.

    At the heart of the case is the Department of Education’s authority to forgive the loans. Several of the conservative justices have signaled in recent years that agencies – with no direct accountability to the public – have become too powerful, upsetting the separation of powers.

    They have moved to cut back on the so-called administrative state.

    In court, Chief Justice John Roberts as well as some other conservatives seemed deeply skeptical of the Biden administration’s plan.

    A former mail carrier, an evangelical Christian, seeks to sue the US Postal Service because it failed to accommodate his request not to work on Sundays.

    A lower court had ruled against the worker, Gerald Groff, holding that his request would cause an “undue burden” on the USPS and lead to low morale at the workplace when other employees had to pick up his shifts.

    There appeared to be consensus, after almost two hours of oral arguments, that the appeals court had been too quick to rule against Groff.

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  • A flying car prototype just got an airworthiness certificate from the FAA | CNN Business

    A flying car prototype just got an airworthiness certificate from the FAA | CNN Business

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    CNN
     — 

    The Federal Aviation Administration has certified for testing a vehicle that a California startup describes as a flying car — the first fully electric vehicle that can both fly and travel on roads to receive US government approval.

    Alef Automotive said that its vehicle/aircraft, dubbed the “Model A,” is the first flying vehicle that is drivable on public roads and able to park like a normal car. It also has vertical takeoff and landing capabilities. It apparently will be able to carry one or two occupants and will have a road-range of 200 miles and a flying range of 110 miles.

    The company expects to sell the vehicle for $300,000 each with the first delivery by projected for the end of 2025.

    The FAA confirmed that it has issued the company a special airworthiness certificate, allowing for limited purposes that include exhibition, research and development.

    Numerous companies are working on all-electric VTOLs, which stands for vehicle takeoff and landing aircraft. The FAA said that Alef is “not the first aircraft of its kind” to get a special airworthiness certificate. However, Alef noted that its vehicle is different because of its ability to function both on roads and in the air, to appear like a normal car and to park in a normal parking space.

    “We’re excited to receive this certification from the FAA. It allows us to move closer to bringing people an environmentally friendly and faster commute, saving individuals and companies hours each week. This is a one small step for planes, one giant step for cars,” said Jim Dukhovny, the CEO of Alef.

    The company’s website said the flying car will be a certified as a “low speed vehicle,” which means it won’t be able to go faster than about 25 miles per hour on a paved road. “The assumption is that, if a driver needs a faster route, a driver will use Alef’s flight capabilities,” the company posted on the site.

    Regardless, It also still needs approval from the National Highway Traffic Safety Administration to go on roads.

    Development has been underway on the vehicle since 2015. Four friends, Constantine Kisly, Pavel Markin, Oleg Petrov and Dukhovny, inspired by the “Back to the Future” movies (which foresaw flying cars being available in that year), decided to form a company to try to develop them.

    According to the company, an initial automated test flight of a skeleton version of the car was successfully conducted in 2018, and a full-size prototype was flown the following year. But Alef said that it needed the FAA’s special airworthiness certificate to continue conducting the necessary research and development.

    The company also said that earlier this year that it had taken refundable pre-orders for more than 400 of the vehicles, with the cost of $150 for to be in the general queue or $1,500 for the priority queue.

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  • 14 promises Donald Trump has made in his campaign for a second term | CNN Politics

    14 promises Donald Trump has made in his campaign for a second term | CNN Politics

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    CNN
     — 

    Former President Donald Trump has hit the 2024 campaign trail and is giving voters a preview of what a second Trump presidency could look like if he’s elected. He’s made many campaign promises – many of which are often vague and lacking in details or specifics – including ending the war in Ukraine, building 10 new cities and giving drug smugglers the death penalty.

    Here are some of the policies he says he would enact if elected for a second term.

    “The drug cartels are waging war on America—and it’s now time for America to wage war on the cartels,” former President Donald Trump said in a January campaign video.

    If elected, Trump said in his November 2022 campaign announcement that he would ask Congress to ensure that drug smugglers and human traffickers can receive the death penalty for their “heinous acts.” The former president also vowed to “take down” drug cartels by imposing naval embargos on cartels, cutting off cartels’ access to global financial systems and using special forces within the Department of Defense to damage the cartels’ leadership.

    “When I am president, we will put parents back in charge and give them the final say,” Trump said in a January campaign video, speaking about education

    The former president said he would give funding preferences and “favorable treatment” to schools that allow parents to elect principals, abolish teacher tenure for K-12 teachers, use merit pay to incentivize quality teaching and cut the number of school administrators, such as those overseeing diversity, equity and inclusion initiatives.

    Trump also said in the campaign video that he would cut funding for schools that teach critical race theory and gender ideology. In a later speech, Trump said he would bring back the 1776 Commission, which was launched in his previous administration to “teach our values and promote our history and our traditions to our children.”

    Lastly, the former president said he would charge the Department of Justice and the Department of Education with investigating civil rights violations of race-based discrimination in schools while also removing “Marxists” from the Department of Education. A second Trump administration would pursue violations in schools of both the Constitution’s Establishment and Free Exercise clauses, which prohibit the government establishment of religion and protect a citizen’s right to practice their own religion, he said.

    “I will revoke every Biden policy promoting the chemical castration and sexual mutilation of our youth and ask Congress to send me a bill prohibiting child sexual mutilation in all 50 states,” Trump said at the 2023 Conservative Political Action Conference in March.

    Trump added in a campaign video that he would issue an executive order instructing federal agencies to cut programs that promote gender transitions, as well as asking Congress to stop the use of federal dollars to promote and pay for gender-affirming procedures. The former president added that his administration would not allow hospitals and healthcare providers to meet the federal health and safety standards for Medicaid and Medicare if they provide chemical or physical gender-affirming care to youth.

    Trump said in two February campaign videos that, if “Marxist” prosecutors refuse to charge crimes and surrender “our cities to violent criminals,” he “will not hesitate to send in federal law enforcement to restore peace and public safety.”

    Trump added that he would instruct the Department of Justice to open civil rights investigations into “radical left” prosecutors’ offices that engaged in racial enforcement of the law, encourage Congress to use their legal authority over Washington, DC, to restore “law and order” and overhaul federal standards of disciplining minors to address rising crimes like carjackings.

    Addressing policies made in what Trump calls the “Democrats’ war on police,” the former president vowed in a campaign video that he would pass a “record investment” to hire and retrain police, strengthen protections like qualified immunity, increase penalties for assaulting law enforcement officers and deploy the National Guard when local law enforcement “refuses to act.” The former president added that he would require law enforcement agencies that receive money from his funding investment or the Department of Justice to use “proven common sense” measures such as stop-and-frisk.

    “Shortly after I win the presidency, I will have the horrible war between Russia and Ukraine settled,” Trump said at a New Hampshire campaign event, adding in another speech that it would take him “no longer than one day” to settle the war if elected. Trump offered no details on how he would end the war in Ukraine.

    Trump further addressed his strategy of stopping the “never-ending wars” by vowing to remove warmongers, frauds and “failures in the senior ranks of our government,” and replace them with national security officials who would defend America’s interests. The former president added in a campaign video that he would stop lobbyists and government contractors from pushing senior military officials towards war.

    Trump said he would restore his “wonderful” travel ban on individuals from several majority-Muslim countries to “keep radical Islamic terrorists out of our country” after President Joe Biden overturned the ban in 2021.

    Trump said in multiple campaign videos that he would spearhead an effort to build Freedom Cities to “reopen the frontier, reignite American imagination, and give hundreds of thousands of young people and other people, all hardworking families, a new shot at home ownership and in fact, the American Dream.”

    In his plan, the federal government would charter 10 new cities on federal land, awarding them to areas with the best development proposals. The former president said in a campaign video that the Freedom Cities would bring the return of US manufacturing, economic opportunity, new industries and affordable living.

    In the March video, Trump added that the US under a second Trump administration would lead in efforts to “develop vertical-takeoff-and-landing vehicles for families and individuals,” not letting China lead “this revolution in air mobility.” The former president said these airborne vehicles would change commerce and bring wealth into rural communities.

    “When I am president, this whole rotten system of censorship and information control will be ripped out of the system at large. There won’t be anything left,” Trump said in a January video.

    To address the “disturbing” relationship between technology platforms and the government, the former president said he would enact a seven-year cooling off period before employees at agencies such as the FBI or CIA can work for platforms that oversee mass user data.

    Trump added in multiple campaign releases that he would task the Department of Justice with investigating and prosecuting the online censorship “regime,” ban federal agencies from “colluding” to censor citizens, fire bureaucrats who are believed to engage in federal censorship and suspend federal money to universities participating in “censorship-supporting activities.”

    On false information, the president would ban the use of taxpayer dollars to label any domestic speech as mis- or disinformation, as well as stopping federal funding of nonprofits and academic programs that study mis- or disinformation.

    Under the proposed Trump Reciprocal Trade Act, the former president said if other countries impose tariffs in the US, “we charge THEM – an eye for an eye, a tariff for a tariff, same exact amount.”

    Trump vowed in a campaign video to impose the same tariffs that other countries may impose on the US on those countries. The goal, the former president said, is to get other countries to drop their tariffs.

    As part of a larger strategy to bring jobs back into the US, Trump said he would also implement his America First trade agenda if elected. Setting universal baseline tariffs on a majority of foreign goods, the former president said Americans would see taxes decrease as tariffs increase. His proposal also includes a four-year plan to phase out all Chinese imports of essential goods, as well as stopping China from buying up America and stopping the investment of US companies in China.

    “With victory, we will again build the greatest economy ever,” Trump said in his November campaign announcement. “It will take place quickly. We will build the greatest economy ever,” though he didn’t provide specific policy proposals or explain how he would improve the economy.

    Trump said he would repeal Biden’s tax hikes, “immediately tackle” inflation and end what he called Biden’s “war” on American energy production.

    At CPAC, Trump promised to, “fire the unelected bureaucrats and shadow forces who have weaponized our justice system like it has never been weaponized before…” Trump also said in a campaign video that he would reinstate a 2020 executive order to remove “rogue” bureaucrats and propose a constitutional amendment for term limits on members of Congress.

    Trump also pledged to “appoint US Attorneys who will be the polar opposite of the Soros District Attorneys and others that are being appointed throughout the United States.” The former president added on to this message, vowing to end the “reign” of such investigations and district attorneys and overhaul the Department of Justice and the FBI.

    “I will take Biden’s executive order directing the federal government to target the firearms industry, and I will rip it up and throw it out on day one,” Trump said at the 2023 National Rifle Association Institute for Legislative Action leadership forum in April.

    The former president also promised in the speech that the government would not infringe on citizens’ Second Amendment rights and that he would push Congress to pass a concealed carry reciprocity.

    “I will create a special team to rapidly review every action taken by federal agencies under Biden’s ‘equity’ agenda that will need to be reversed. We will reverse almost all of them,” Trump said in a campaign video.

    Trump added in multiple campaign videos that he would revoke Biden’s equity executive order that required federal agencies to deliver equitable outcomes in policy and conduct equity training. If elected, Trump said he would also fire staffers hired to implement Biden’s policy, and then reinstate his 2020 executive order banning racial and sexual stereotyping in the federal government.

    “When I’m president, I will ensure that America’s future remains firmly in American hands just as I did when I was president before,” Trump said in a campaign video.

    Trump vowed to restrict Chinese ownership of US infrastructure such as energy, technology, telecommunications and natural resources. The former president also said he would force the Chinese to sell current holdings that may put national security at risk. “Economic security is national security,” he said.

    Trump vowed in a June campaign video to reinstate his previous executive order that the US government would pay the same price for pharmaceuticals as other developed countries to “end this global freeloading on American consumers for once and for all.”

    Some of the former presidents’ pharmaceutical policies were overturned by Biden. Trump said in the video his administration would pay the best prices offered to other countries, who he said often pay lower pharmaceutical prices than Americans. This policy, Trump believes, would cause the pharmaceutical industry to raise prices for other countries while lowering costs for Americans.

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  • Can Biden achieve his cornerstone climate goal? Why 100% clean power is still out of reach | CNN Politics

    Can Biden achieve his cornerstone climate goal? Why 100% clean power is still out of reach | CNN Politics

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    CNN
     — 

    Tucked into President Joe Biden’s ambitious, sweeping climate commitments is a crucially important goal that dates back to his campaign: Transforming the US electric grid to run entirely on clean energy by 2035.

    The goal could make or break Biden’s pledge to slash the country’s planet-warming emissions in half by 2030. And if successful, 100% clean electricity could energize vast sectors of the US economy: electric vehicles, home and office heating and cooling, and appliances. It could even power heavy industry and manufacturing, which is currently reliant on fossil fuels.

    “When you have a fully clean grid, versus a grid that either is a quarter or a half clean, that makes a significant difference in terms of the greenhouse gas performance of the things you’re plugging in to that grid,” White House national climate adviser Ali Zaidi told CNN. “That electric vehicle now is twice or three times cleaner when you shift to a fully clean grid.”

    Yet while renewable energy has exploded over the past decade, bringing Biden’s cornerstone climate goal to fruition by 2035 could be beyond his grasp.

    As of this year, about 44% of America’s electricity was powered by zero-emissions sources like wind, solar, nuclear and hydropower, according to the Department of Energy. The rest comes from fossil fuels like methane gas and coal.

    After the Inflation Reduction Act passed last year – legislation that aimed to supercharge clean energy in the US – an analysis from the National Renewable Energy Laboratory predicts the US will get to around 80% clean electricity by 2030, a number that includes renewables, nuclear energy and carbon capture on fossil fuel plants.

    By 2035, the federal analysis shows clean and renewable sources will make up about 86% of US energy, spurred in large part by the IRA. (That analysis did not include the Biden administration’s proposed pollution rules for power plants, which could increase the adoption of clean energy.)

    “That’s a doubling from today, which is huge,” Ben King, an associate director at the nonpartisan think tank Rhodium Group, told CNN. But it’s also short of Biden’s goal of 100% clean electricity by that date.

    Decarbonizing the last portion of the power sector will be the most difficult, federal officials and experts told CNN. The closer you get to 100% percent clean electricity, the harder it is to go all the way.

    “We’ve known that the last 10% – maybe the last 20 to 25% – is going to be challenging,” Zaidi said. “And the reason is because you’re not just trying to deliver clean electrons onto the grid. You’re trying to deliver cleaner electrons when you want them, where you want them. That’s a hard thing to do.”

    Not only does the power need to come from clean sources, it also needs to be readily available to energize the US economy during peak demand.

    But wind and solar are still variable – especially without massive, costly battery storage. And newer technologies, like green hydrogen, carbon capture and small modular nuclear reactors haven’t yet been built to a large enough scale.

    That could mean some fossil fuels plants outfitted with carbon capture would need to remain connected to the grid to provide power that can brought online quickly, King said.

    There are also big infrastructure hurdles for renewables to take the lead. Even if massive amounts of wind and solar are developed by the end of this decade, the US may not have enough electrical transmission infrastructure to move all of that renewable energy around the grid.

    “The bottlenecks of a lack of transmission are very real,” Lena Moffitt, executive director of Evergreen Action, told CNN. There also needs to be significant investment in massive batteries to store the power generated by wind and solar to be used at all hours, she said.

    While companies and the federal government are racing to scale up new zero-carbon technologies, traditional wind and solar will largely power this clean electricity transition.

    They are the most reliable and trusted clean energy sources for utilities and developers, and they have quickly become cheaper than fossil fuels – so inexpensive that it is becoming more cost-effective for some utilities to build new wind and solar, rather than constructing new fossil plants or even running existing ones, experts told CNN.

    Wind and solar are also mature technologies that developers know they can finance and get huge tax breaks on through the Inflation Reduction Act.

    They are the “natural choice for developers who are looking for those low risk and very cost-effective projects to develop,” Sonia Aggarwal, a former White House senior advisor for climate policy and CEO of nonpartisan think tank Energy Innovation, told CNN. “We will see them play a large role because of how good they look from an economic perspective.”

    By the end of 2021, wind and solar together made up about 228 gigawatts of power. By 2034, NREL predicts that number – including offshore wind – will grow by more than four times to over 1 terawatt, or 1 trillion watts of power.

    “Where we are now is very different from even 5 or 10 years ago as far as the costs of clean energy, particularly renewables, being significantly lower than they’ve been in the past,” Carla Frisch, acting executive director of the US Energy Department’s Office of Policy, told CNN. “So just a really rapid acceleration that we’re already experiencing right now.”

    While getting new clean technologies to scale will be difficult, it’s work worth doing, Zaidi said.

    “Let’s deploy the stuff we have right now, right away,” he said. “And let’s work hard as we can to innovate on the stuff that we need in the future.”

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