Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com. Britain's competition watchdog said Thursday that it's opening a review of the artificial intelligence market, focusing on the technology underpinning chatbots like ChatGPT. The Competition Markets Authority said it will look into the opportunities and risks of AI as well as the competition rules and consumer protections that may be needed. SALES INDUSTRY'S'ALWAYS BE CLOSING' MANTRA COULD GET BOOST FROM AI The CEOs of Google, Microsoft and ChatGPT-maker OpenAI will meet Thursday with U.S. Vice President Kamala Harris for talks on how to ease the risks of their technology.

The EU has been warned that it risks handing control of artificial intelligence to US tech firms if it does not act to protect grassroots research in its forthcoming AI bill. In an open letter coordinated by the German research group Laion, or Large-scale AI Open Network, the European parliament was told that "one-size-fits-all" rules risked eliminating open research and development. "Rules that require a researcher or developer to monitor or control downstream use could make it impossible to release open-source AI in Europe," which would "entrench large firms" and "hamper efforts to improve transparency, reduce competition, limit academic freedom, and drive investment in AI overseas", the letter says. It adds: "Europe cannot afford to lose AI sovereignty. Eliminating open-source R&D will leave the European scientific community and economy critically dependent on a handful of foreign and proprietary firms for essential AI infrastructure."

The UK competition watchdog has fired a shot across the bows of companies racing to commercialise artificial intelligence technology, announcing a review of the sector as fears grow over the spread of misinformation and major disruption in the jobs market. As pressure builds on global regulators to increase their scrutiny of the technology, the Competition and Markets Authority said it would look at the underlying systems, or foundation models, behind AI tools such as ChatGPT. The initial review, described by one legal expert as a "pre-warning" to the sector, will publish its findings in September. In the US, the vice-president, Kamala Harris, has invited the chief executives of the leading AI firms ChatGPT, Microsoft and Google-owner Alphabet to the White House on Thursday to discuss how to deal with the safety concerns around the technology. The Federal Trade Commission, which oversees competition in the US, has signalled it is also watching closely, saying this week its staff were "focusing intensely" on how companies might choose to use AI technology, in ways that could have "actual and substantial impact on consumers".

The UK government has announced an initial impact review in response to the continued growth and concerns around generative AI and learning language models. The investigation will reportedly look at how the creation and distribution of AI technology impact five wide-reaching areas: appropriate transparency and explainability; accountability and governance; safety, security and robustness; fairness; and contestability and redress. Overall, the review aims to learn how AI foundation models can, and likely will, impact both competition and consumer protections. Regulating bodies tasked with finding the answers include the Competition and Markets Authority (CMA), which helps people and businesses in competitive markets while working against unethical practices. "It's crucial that the potential benefits of this transformative technology are readily accessible to UK businesses and consumers while people remain protected from issues like false or misleading information," Sarah Cardell, CMA's chief executive, said in a statement.

Editor's note: What follows is exclusively adapted from a longer essay that was published as a part of the Ronald Reagan Institute's Essay Series on Presidential Principles and Beliefs which is premised on the conviction that President Reagan's words and ideas hold important lessons for today. You can find more about the essay series here. At the height of the Cold War, President Ronald Reagan had the foresight to call upon the nation to support the Strategic Defense Initiative, later known as the "Star Wars" defense system, to protect the United States from a potential USSR missile attack. Due to fierce Democrat opposition, our nation never fully built out our missile defense capability and doubled down on nuclear deterrence. We have relied upon our adversaries' fear that our nuclear weapons could destroy them to deter their use of nuclear weapons against us or our allies.

With their crumbly texture and smeared with clotted cream and jam, scones are a favourite treat with Brits across the UK. But despite dating back to the early 1500s, one question remains – should you put the cream or jam on first? Now, ChatGPT claims to have settled the debate, just in time for King Charles' coronation. The AI chatbot says it would opt for the'Devon method' of putting the clotted cream on the scone first, followed by the jam on top. Its choice has enraged many scone fans on Twitter, with comedian Dawn French replying: 'You are a robot with no taste (literally & figuratively) & no respect for all that is holy.

Vice President Kamala Harris will meet on Thursday with the CEOs of four major companies developing artificial intelligence as the Biden administration rolls out a set of initiatives meant to ensure the rapidly evolving technology improves lives without putting people's rights and safety at risk. The Democratic administration plans to announce an investment of $140 million to establish seven new AI research institutes, administration officials told reporters in previewing the effort. In addition, the White House Office of Management and Budget is expected to issue guidance in the next few months on how federal agencies can use AI tools. There will also be an independent commitment by top AI developers to participate in a public evaluation of their systems in August at the Las Vegas hacker convention DEF CON. Harris and administration officials on Thursday plan to discuss the risks they see in current AI development with the CEOs of Alphabet, Anthropic, Microsoft and OpenAI.

Fox News correspondent Alex Hogan has more on Ukraine prepping for a new offensive against Vladimir Putin's forces on'The Story with Martha MacCallum.' A Finish newspaper is using a video game map to smuggle information about the war in Ukraine to Russian citizens, bypassing Moscow's propaganda and censorship. "As we have been widely concerned about the press freedom situation and freedom of speech in Russia, we decided that maybe it's possible to find some new channels to provide Russian audience with some reliable, independent journalism for example about the situations in Ukraine," Antero Mukka, editor-in-chief of Helsingin Sanomat, told Retuers. Helsingin Sanomat, the country's largest newspaper, has struggled to bypass Russian media restrictions and decided to get creative as it looked to also mark World Press Freedom Day, which fell on May 3. "As the Russian government has de facto suppressed its national press and blocked access to foreign media," said Mukka, "Counter-Strike has remained as one of the rare channels that allows us to communicate independent information to Russians about real events from the war." The paper built a map for the first-person shooter multiplayer game Counter-Strike, which is incredibly popular in Russia.

One of the world's foremost architects of artificial intelligence warned Wednesday that unexpectedly rapid advances in AI – including its ability to learn simple reasoning – suggest it could someday take over the world and push humanity toward extinction. Geoffrey Hinton, the renowned researcher and "Godfather of AI," quit his high-profile job at Google recently so he could speak freely about the serious risks that he now believes may accompany the artificial intelligence technology he helped ushered in, including user-friendly applications like ChatGPT. Hinton, 75, gave his first public remarks about his concerns at the MIT Technology Review's AI conference. His comments appeared to rattle the audience of some of the nation's top tech creators and AI developers. Asked by the panel's moderator what was the "worst case scenario that you think is conceivable," Hinton replied without hesitation.

Tom Newhouse, vice president of Convergence Media, discusses the potential impact of artificial intelligence on elections after an RNC AI ad garnered attention. EXCLUSIVE: The chairman of the Senate Homeland Security and Governmental Affairs Committee is planning a series of hearings in the coming weeks and months to bring his members up to speed on artificial intelligence, as Congress faces a growing number of calls to regulate the emerging technology. Sen. Gary Peters, D-Mich., told Fox News Digital that the Senate has plenty to learn about AI, and that he has several hearings in mind. "I'm hoping every time we come back here for a work period, that we're going to have a hearing taking a different topic related to AI up, so that we can get just a good sense of where the technology is today, where it's going in the future. What are some of the opportunities that it presents, as well as some of the threats?" the senator explained.