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World’s Richest Added a Record $2.2 Trillion in Wealth This Year

The world’s 500 richest people added a record $2.2 trillion to their collective fortunes this year, as booming markets in everything from equities to cryptocurrencies to precious metals sent the value of their holdings soaring, according to the Bloomberg Billionaires Index.

Musk’s xAI Buys Building to Expand ‘Colossus’ Data Center

Elon Musk’s xAI is planning an expansion of its massive data center complex in Memphis, and has purchased a third building in the area that will bring the company’s artificial intelligence computing capacity to almost 2 gigawatts, the billionaire wrote Tuesday in a post on X.

xAI Sues California Attorney General Over Training Data Law

Elon Musk’s artificial intelligence company xAI filed a federal lawsuit alleging a California law requiring AI companies to reveal their training data is an unconstitutional “trade-secrets-destroying disclosure regime” that threatens the industry.

AI Liability Risks Mute Impact of Trump’s State-Law Targeting

The Trump adminstration’s aim to sue over state AI regulations it deems unconstitutional will likely have minimal corporate impact.

Meta Is Betting on Power Trading to Support Its AI Expansion

Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence ambitions.

Big Tech’s Debt Binge Raises Risk in Race to Create an AI World

Equity investors are growing increasingly concerned about the amount of leverage that Big Tech is taking on to build out its artificial intelligence infrastructure as the industry faces rising fears of a bubble.

Deepfakes Are Hard to Punish—A Federal Criminal Law Can Fix That

Deepfakes proliferating online can ruin reputations, and the current patchwork of legal recourse is insufficient to protect victims. A federal criminal law can fix that.

EU’s AI, Privacy Rules Revamp Leaves Companies Wanting Clarity

The European Union offered companies pared-down AI, cyber, and privacy rules. Instead, the regulatory relief threatens to complicate compliance.

ChatGPT and Generative AI Are Hits! Can Copyright Law Stop Them?

Could America's intellectual property laws spell doom for the burgeoning field of generative AI? This video explores the brewing battle over copyright and artificial intelligence.

A Big Law Music Dealmaker Explores Future of the Business

Government Accounting Chair Eyes AI, Tech Integration

From Errors to Efficiency: Can AI Transform the Practice of Law?

A Professor Says AI Can Help Solve Contract Disputes

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