With Investors on Edge, Fed Minutes Take on New Urgency

By John Mercury August 16, 2023

Was Mr. Musk trying to deepen ties with Mr. Trump? The billionaire tech entrepreneur, a self-described free speech absolutist, restored Mr. Trump’s account in December, and Ms. Howell wondered if the company’s delays were an attempt to woo the former president. In a February hearing, she asked if it was because Mr. Musk “wants to cozy up with the former president?”

Twitter’s lawyers argued that the prosecutors were after data that could be covered by executive privilege. Lawyers for the company have said Twitter’s only interest was to assert “its constitutional rights.” Both the prosecutors and Ms. Howell rejected the executive privilege idea, saying it was unlikely Mr. Trump would be doing government business via the platform.


The huge interest in artificial intelligence has fueled a splurge of investment and lots of chatter about how to regulate a transformative technology. Norway’s sovereign wealth fund, the world’s biggest stock market investor, is the latest to ride the wave after posting a profit of $143 billion in the first half of the year as A.I. lifts the broader tech sector.

The head of the $1.4 trillion fund issued a warning. “If you don’t think there are opportunities with A.I., then in my mind you are a complete moron,” Nicolai Tangen told The Financial Times. But he has urged the fund’s 9,000 portfolio companies to appoint board directors with A.I. expertise, be transparent about how the tech is being created and deployed, and better manage the risks. “Boards are absolutely not on top of this,” he said.

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