AI governance is moving from promises to proof

President Trump plans to sign an order Tuesday officially renaming AI as “superintelligence.” “We're going to be signing a document today at about 5 o'clock, renaming artificial intelligence because it's not artificial,” Trump said in public remarks, after hosting a luncheon with top technology executives at the White House. “We all agree on that, and...

President Trump’s new artificial intelligence website allows for Americans to apply for passports online, Secretary of State Marco Rubio said Tuesday. During a presentation announcing America.gov on Tuesday, Rubio derided the previous process of applying for and receiving a passport. “I think you would agree that American citizens deserve better than this, and that's why...

Sen. Ted Cruz (R-Texas) blocked an effort by Democrats on Tuesday to pass legislation creating an AI safety panel tasked with evaluating and creating enforceable standards for frontier models. Cruz, who chairs the Senate Commerce Committee, objected to an attempt by Sens. Mark Warner (D-Va.), Brian Schatz (D-Hawaii) and Andy Kim (D-N.J.) to pass the...

Need fast wireless charging at a desk or on the go for your brand-new iPhone 18 Pro and Pro Max? Ugreen just launched three charging solutions for that.

Senate Minority Leader Chuck Schumer (D-N.Y.) on Tuesday slammed a bill that would force states to consider standards to mitigate data centers' power price impacts as an "ineffectual participation trophy." His comments signal that Democrats could try to block the bill, which the Senate is expected to take up this week. "Americans are demanding real...

President Trump launched a website Tuesday that uses artificial intelligence to help Americans navigate the federal government and find information and services. Trump touted the website, America.gov, during an event at the Andrew W. Mellon Auditorium in Washington. He thanked Joe Gebbia, the Airbnb co-founder who now leads the National Design Studio and serves as...

The investment and incubation firm Roadrunner Venture Studios will unveil a new quantum lab Tuesday in Albuquerque as New Mexico looks to bolster the U.S.’s position in the global race for quantum computing. The Roadrunner Quantum Lab will open as part of the state's $450 million commitment to quantum development. Those behind the project say...

Korea’s largest fashion shopping platform Musinsa is currently under investigation by the Seoul Regional Tax Office over CEO Cho Man-ho’s alleged appropriation of corporate funds for his real estate investment spinoff firm, Lapel. The investigation, which began last month, is being led by Investigation Bureau 4. Unlike other offices that primarily handle regular tax audits, Bureau 4 is known for conducting special investigations that can begin without prior notice and, in serious cases, develop into tax offense investigations, potentially exposing the targets to criminal complaints and significant business risks. The Bureau 4 investigation began while the Fair Trade Commission (FTC) was still investigating Musinsa in a separate case, which concluded earlier this month. The antitrust watchdog looked into whether Musinsa prevented some partner brands from selling through other retail channels in order to secure exclusive sales of their products. The investigation, which began in August 2024, ended with the FTC concluding that the arrangements were part of normal business or marketing

Samsung Electronics and five of its affiliates will invest $1 billion in Helix Digital Infrastructure, an artificial intelligence (AI) infrastructure firm established by global investment firm KKR, as part of their efforts to strengthen their foothold in the broader data center ecosystem. Samsung Group said Tuesday that Samsung Electronics, Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance will invest in Helix. Samsung Electronics will contribute $500 million, with the other affiliates investing the remaining $500 million. Helix was established in June as an AI infrastructure company providing integrated services across hyperscale data center development and operation, power generation, power transmission and distribution infrastructure, fiber-optic networks and other network infrastructure. It is led by CEO Adam Selipsky, former CEO of Amazon Web Services. The Samsung affiliates will join KKR, the Kuwait Investment Authority, Nvidia and U.S. power company Vistra as founding investors in Helix. The companies did not disclose details of thei

Korea's overseas direct investment rose 32.3 percent in the second quarter of 2026 from a year earlier, data showed Tuesday, led by the financial and communication sectors. Overseas direct investment by Korea totaled $20.52 billion in the April-June period, up from $15.5 billion from the same three month period in 2025, according to the Ministry of Finance and Economy. The figure has posted on-year growth since the third quarter of 2025. By sector, overseas investment in the financial and insurance industry jumped 33.4 percent to $10.48 billion. The finance ministry attributed the increase to Korean businesses' efforts to diversify their global portfolios. Overseas direct investment in manufacturing rose 3.2 percent on-year to $3.57 billion. Investment in the information and communication sector more than tripled to $2.73 billion, the data showed. By destination, investment in the United States rose 53.6 percent to $8.86 billion, followed by Japan at $2.46 billion, sharply up from $300 million a year earlier. Investment in Luxembourg rose 14.2 percent to $1.59 billion, the latest findings sh

The chief of Korea's antitrust watchdog said Tuesday he will work to "restore justice" after a local court recently cleared the way for the agency to resume its stalled probe into U.S.-listed e-commerce giant Coupang Inc. Ju Biung-ghi, head of the Fair Trade Commission (FTC), made the remarks during an interview with local radio broadcaster CBS, signaling the agency's intention to resume its investigation. Last month, Coupang refused to cooperate with the watchdog's on-site probe into allegations the company had shifted the costs of discounts onto its suppliers and asked a court to suspend the inspection. The court initially granted a temporary suspension of the FTC's on-site inspection but eventually rejected Coupang's request to halt the probe last week. "(Coupang) deals with various vendors, and the company could be subject to regulatory action if it has imposed unfavorable terms on them," Ju said. "It is a relief the judge handling the case ruled in favor of the public interest, including the rights of the economically vulnerable and hundreds of thousands of small merchants," he added

Celltrion will use one of the world's largest pharmaceutical trade shows next month to seek partners in new drug development, contract manufacturing and supply chains, the Korean biopharmaceutical company said Tuesday. The company will take part in CPHI Worldwide, which runs Oct. 6-8 in Milan. Now in its 37th year, the event covers pharmaceutical manufacturing, supply chains and contract development and manufacturing. More than 60,000 industry professionals from about 2,400 companies in some 170 countries are expected to attend. Celltrion, best known for biosimilars — lower-cost versions of biologic drugs whose patents have expired — said it will look for partners in oncology, obesity and metabolic diseases, and autoimmune diseases. The company said its new drug research in these areas has recently begun producing results. It described the effort as part of its push to become a global developer of new drugs. As demand for its main products grows, the company also plans to strengthen existing partnerships with overseas raw material suppliers and contract manufacturers. It will look f