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AI companies increased federal lobbying in 2024 amid regulatory uncertainty

AI companies increased their U.S. federal lobbying spend 2024 by 141% amid regulatory uncertainty, pushing for key legislative changes.

Character AI claims First Amendment protection in lawsuit over teen suicide

Character AI defends itself in a lawsuit claiming it contributed to a teen’s suicide, arguing First Amendment protection for its AI-generated content.

Retro Biosciences, backed by Sam Altman, aims for US$1 billion to revolutionise ageing

Sam Altman backs Retro Biosciences’ US$1 billion raise to extend lifespan by 10 years, advance longevity technology, and target age-related diseases.

Wall Street banks to sell Elon Musk’s X debt at a discount

Wall Street banks plan to sell debt linked to Elon Musk’s X at a discount as advertisers hesitate over concerns about content and financial challenges.

Tata acquires majority stake in Apple partner Pegatron’s India unit

Tata acquires a 60% stake in Apple partner Pegatron’s India unit, strengthening India’s position in iPhone production and tech manufacturing.

AI agents can transform public service in Singapore, Salesforce research reveals

Salesforce research shows 98% of Singaporeans are ready for AI agents in public services, offering 24/7 access, faster responses, and streamlined processes.

Grab-BYD partnership signals Southeast Asia’s EV future

Grab partners with BYD to bring 50,000 EVs to Southeast Asia, aiming to lead the region's green transport shift despite infrastructure challenges.

President Trump signs executive order delaying TikTok ban for 75 days

Trump delayed the TikTok ban with a 75-day executive order, allowing time to address national security concerns and find a resolution.