Business

Nvidia, Microsoft urge US to avoid broad restrictions on open AI models

Nvidia, Microsoft, Meta and more than 20 other technology companies are urging U.S. policymakers not to broadly restrict open-weight artificial intelligence (AI) models, saying the technology is critical to maintaining America’s leadership in the global AI race. In a joint letter released Friday, the companies argued that open AI models…

One type of Social Security adjustment could cut the 75-year shortfall in half

Social Security’s looming insolvency in under a decade could be delayed by a change to how the annual cost-of-living adjustment (COLA) is calculated, with a new analysis finding that it could cut the entitlement program’s 75-year fiscal shortfall in half. The nonpartisan Committee for a Responsible Federal Budget (CRFB) proposed…