Top AI business leaders meet with Biden administration to discuss the emerging industry's needs

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WASHINGTON (AP) — Top Biden administration officials on Thursday discussed the future of artificial intelligence at a meeting with a group of executives from...

WASHINGTON — Top Biden administration officials on Thursday discussed the future of artificial intelligence at a meeting with a group of executives from OpenAI, Nvidia, Microsoft and other companies. The focus was on building data centers in the United States and the infrastructure needed to develop the technology.

The emergence of AI holds a mix of promise and peril: The automatically generated text, images, audio and video could help to increase economic productivity but it also has the potential to displace some workers. It also could serve as both a national security tool and a threat to guard against.

Matt Garman, the CEO of AWS, a subsidiary of Amazon, also attended. The company said in a statement that attendees discussed modernizing the nation's utility grid, expediting permits for new projects and ensuring that carbon-free energy projects are integrated into the grid.The Nasdaq cleared its 50-day amid fresh bullish signals. Nvidia led stocks flashing buy signals. Adobe sold off late on guidance.

 

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