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Youngkin unleashes cutting-edge AI technology in effort to slash Virginia's government red tape

FOX News

Gov. Glenn Youngkin, R-Va., joins'America's Newsroom' to discuss the impact of President Donald Trump's'historic' trade deal with Japan and the advancements in artificial intelligence. Virginia Gov. Glenn Youngkin is embarking on a landmark project to use "agentic" artificial intelligence to hasten his 2022 pledge to cut one-quarter of Virginia's red-tape regulatory structure during his tenure. The term-limited Republican signed an executive order that introduced a pilot program using AI to scan the entirety of Richmond's regulations and official guidance. "We ask each agency to calculate the savings to them associated with any action that is taken. For more information about our methodology, I would point you to the Regulatory Economic Analysis Manual, which can be found online," Youngkin spokesperson Peter Finocchio told Fox News Digital.


Uber to invest in 300m in EV maker Lucid amid robotaxi deal

Al Jazeera

Uber will invest 300m in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city late next year. The two companies announced the new partnership on Thursday. Over six years starting in 2026, Uber will acquire and deploy over 20,000 Lucid Gravity SUVs that will be equipped with autonomous vehicle (AV) technology from startup Nuro, the three companies said in a statement. The agreement illustrates the renewed plans and push for financing for self-driving cabs, years after a first wave of autonomous driving investment produced only a limited number of vehicles. Tesla has recently launched a robotaxi trial in Austin, and Alphabet's driverless taxi unit, Waymo, is speeding up its expansion.


SoftBank unit set to raise 1 billion from its first dollar bond

The Japan Times

A key unit of Japanese conglomerate SoftBank Group is offering 1 billion of dollar bonds in the unit's first US high-grade deal. SoftBank Corp.'s five- and 10-year notes are set to respectively price 0.9 and 1.10 percentage points above Treasuries, according to a person with knowledge of the deal who asked not to be identified disclosing private details. Those levels are a quarter-point less than revised price talk unveiled early Monday in New York. Each tranche will be 500 million in size, in line with company expectations last week. The money raised would go toward general corporate purposes, the person said, adding that the notes are expected to be rated BBB by S&P Global Ratings and BBB by Fitch Ratings.


Computational Approaches to Understanding Large Language Model Impact on Writing and Information Ecosystems

arXiv.org Artificial Intelligence

Large language models (LLMs) have shown significant potential to change how we write, communicate, and create, leading to rapid adoption across society. This dissertation examines how individuals and institutions are adapting to and engaging with this emerging technology through three research directions. First, I demonstrate how the institutional adoption of AI detectors introduces systematic biases, particularly disadvantaging writers of non-dominant language varieties, highlighting critical equity concerns in AI governance. Second, I present novel population-level algorithmic approaches that measure the increasing adoption of LLMs across writing domains, revealing consistent patterns of AI-assisted content in academic peer reviews, scientific publications, consumer complaints, corporate communications, job postings, and international organization press releases. Finally, I investigate LLMs' capability to provide feedback on research manuscripts through a large-scale empirical analysis, offering insights into their potential to support researchers who face barriers in accessing timely manuscript feedback, particularly early-career researchers and those from under-resourced settings.


Finance Language Model Evaluation (FLaME)

arXiv.org Artificial Intelligence

Language Models (LMs) have demonstrated impressive capabilities with core Natural Language Processing (NLP) tasks. The effectiveness of LMs for highly specialized knowledge-intensive tasks in finance remains difficult to assess due to major gaps in the methodologies of existing evaluation frameworks, which have caused an erroneous belief in a far lower bound of LMs' performance on common Finance NLP (FinNLP) tasks. To demonstrate the potential of LMs for these FinNLP tasks, we present the first holistic benchmarking suite for Financial Language Model Evaluation (FLaME). We are the first research paper to comprehensively study LMs against 'reasoning-reinforced' LMs, with an empirical study of 23 foundation LMs over 20 core NLP tasks in finance. We open-source our framework software along with all data and results.


Meta AI searches made public - but do all its users realise?

BBC News

Meta AI, launched earlier this year, can be accessed through its social media platforms Facebook, Instagram and Whatsapp. It is also available as a standalone product which has a public "Discover" feed. Users can opt to make their searches private in their account settings. Meta AI is currently available in the UK through a browser, while in the US it can be used through an app. In a press release from April which announced Meta AI, the company said there would be "a Discover feed, a place to share and explore how others are using AI".


AI takes backseat as Apple unveils software revamp and new apps

The Guardian

Apple's artificial intelligence features took a backseat on Monday at its latest annual Worldwide Developers Conference. The company announced a revamped software design called Liquid Glass, new phone and camera apps as well as new features on Apple Watch and Vision Pro. But in spite of pressure to compete with firms that have gone all-in on AI, Apple's AI announcements were limited to incremental features and upgrades. Users will have a few new Apple Intelligence-powered features to look forward to including live translation, a real-time language translation feature that will be integrated into messages, FaceTime and the Phone app. The Android operating system has offered a similar feature for several years.


US tech firms secure AI deals as Trump tours Gulf states

The Guardian

A swath of US technology firms announced deals in the Middle East as Donald Trump trumpeted 600bn in commitments from Saudi Arabia to American artificial intelligence companies during a tour of Gulf states. Among the biggest deals was a set signed by Nvidia. The company will sell hundreds of thousands of AI chips in Saudi Arabia, with a first tranche of 18,000 of its newest "Blackwell" chips going to Humain, Saudi Arabia's sovereign-wealth-fund-owned AI startup, Reuters reported. Cisco on Tuesday said it had signed a deal with G42, the AI firm based in the United Arab Emirates, to help the company develop that country's AI sector. Trump plans to visit the UAE on Thursday.


NTT announces 200 billion buyback in capital efficiency push

The Japan Times

Nippon Telegraph and Telephone said it plans to buy back as much as 200 billion ( 1.4 billion) of its shares, joining a growing list of such measures bolstering the Japanese market. The buyback will take place from May 12 through March 31 and is geared toward lifting capital efficiency and boost shareholder returns, the company said in a statement on Friday. Shares of Japan's biggest telecom operator were up about 3.4% as of 1:40 p.m. in Tokyo, off its day's high of 5.6%. NTT also forecast full-year operating income and announced quarterly profit that trailed analyst estimates. The buyback news comes on the heels of a decision to take over NTT Data Group in a deal worth 2.37 trillion -- a move it said would speed up its ability to make big bets on artificial intelligence.


Zoox issues software recall for all robotaxis following Las Vegas collision

Engadget

Zoox, the Amazon-owned robotaxi company, announced a voluntary software recall for its vehicles. The company had paused its driverless vehicle operations for a review following an incident last month where a Zoox car and a passenger car collided in Las Vegas. According to the report filed with the National Highway Traffic Safety Administration, the crash did not cause any injuries. CNBC reports that Zoox has resumed usual operations following the software update. "After analysis and rigorous testing, Zoox identified the root cause," the company said in a blog post today.