"We're basically announcing the administration's policy to make America the world capital in artificial intelligence and to dominate and to lead the world in AI," Trump's AI and cryptocurrency czar, David Sacks, told reporters in the Oval Office on Thursday.

Reid Hoffman, the co-founder of LinkedIn and a member of the 'PayPal Mafia,' has been deeply involved in Silicon Valley's technological advancements. He remains optimistic about AI's potential despite widespread concerns.

Longleaf Partners, managed by Southeastern Asset Management, released its “Partners Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.

Donald Trump’s artificial intelligence adviser said there was “substantial evidence” the Chinese start-up had used data sources from its Silicon Valley rivals.

President Donald Trump signed an executive order that will revoke past government policies his order says “act as barriers to American AI innovation.”

Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share markets and spawned allegations from OpenAI that their Chinese rivals used its work and models to make their artificial intelligence.

Sriram Krishnan has been appointed as Senior White House Policy Advisor on Artificial Intelligence (AI) under US President Donald Trump.

According to a consent order, PayPal discovered the problem after a security analyst on Dec. 6, 2022 read an online message.

The move, which fulfills a Trump campaign pledge, potentially signals a less restrictive AI policy under his administration.

PayPal Holdings, Inc. (NASDAQ:PYPL) continues to navigate a rapidly evolving digital payments landscape, facing both opportunities and challenges as it seeks to maintain its position as a leading financial technology company.

Among the highlights from Mastercard's report were a pickup in U.S. volumes and an encouraging outlook for the year Mastercard Inc. showed a pickup in U.S. spending volumes during January, in an upbeat sign for the payments sector.