AI

Fear Drives the AI 'Cold War' Between America and China (msn.com) 28

A new "cold war" between America and China is "pushing leaders to sideline concerns about the dangers of powerful AI models," reports the Wall Street Journal, "including the spread of disinformation and other harmful content, and the development of superintelligent AI systems misaligned with human values..."

"Both countries are driven as much by fear as by hope of progress. " In Washington and Silicon Valley, warnings abound that China's "authoritarian AI," left unchecked, will erode American tech supremacy. Beijing is gripped by the conviction that a failure to keep pace in AI will make it easier for the U.S. to cut short China's resurgence as a global power. Both countries believe market share for their companies across the world is up for grabs — and with it, the potential to influence large swaths of the global population.

The U.S. still has a clear lead, producing the most powerful AI models. China can't match it in advanced chips and has no answer for the financial firepower of private American investors, who funded AI startups to the tune of $104 billion in the first half of 2025, and are gearing up for more. But it has a massive population of capable engineers, lower costs and a state-led development model that often moves faster than the U.S., all of which Beijing is working to harness to tip the contest in its direction. A new "whole of society" campaign looks to accelerate the construction of computing clusters in areas like Inner Mongolia, where vast solar and wind farms provide plentiful cheap energy, and connect hundreds of data centers to create a shared compute pool — some describe it as a "national cloud" — by 2028. China is also funneling hundreds of billions of dollars into its power grid to support AI training and adoption...

"Our lead is probably in the 'months but not years' realm," said Chris McGuire, who helped design U.S. export controls on AI chips while serving on the National Security Council under the Biden administration. Chinese AI models currently rank at or near the top in every task from coding to video generation, with the exception of search, according to Chatbot Arena, a popular crowdsourced ranking platform. China's manufacturing sector, meanwhile, is rocketing past the U.S. in bringing AI into the physical world through robotaxis, autonomous drones and humanoid robots. Given China's progress, McGuire said, the U.S. is "very lucky" to have its advantage in chips...

If AI surpasses human intelligence and acquires the ability to improve itself, it could confer unshakable scientific, economic and military superiority on the country that controls it. Short of that, AI's ability to automate tedious tasks and process vast amounts of data quickly promises to supercharge everything from cancer diagnoses to missile defense. With so much at stake, hacking and cyber espionage are likely to get worse, as AI gives hackers more powerful tools, while increasing incentives for state-backed groups to try to steal AI-related intellectual property. As distrust grows, Washington and Beijing will also find it hard, if not impossible, to cooperate in areas like preventing extremist groups from using AI in destructive ways, such as building bioweapons. "The costs of the AI Cold War are already high and will go much higher," said Paul Triolo, a former U.S. government analyst and current technology policy lead at business consulting firm DGA-Albright Stonebridge Group. "A U.S.-China AI arms race becomes a self-fulfilling prophecy, with neither side able to trust that the other would observe any restrictions on advanced AI capability development...."

The article includes an interesting observation from Helen Toner, director of strategy for Georgetown's Center for Security and Emerging Technology and a former OpenAI board member. Toner points out "We don't actually know" if boosting computing power with better chips will continue producing more-powerful AI models.

So "If performance plateaus," the Journal writes, "despite all the spending by OpenAI and others — a growing concern in Silicon Valley — China has a chance to compete."
The Almighty Buck

Why Every Company Suddenly Wants To Become a Bank (msn.com) 62

Cryptocurrency companies and fintech startups are applying to open banks in the United States. Ripple, Coinbase and the UK payments company Wise have submitted applications for national trust charters this year. Trust banks cannot take deposits or make loans but charge fees for safekeeping customer assets and are not FDIC insured. The applications have reached 12 so far this year, more than any of the preceding eight years, according to data compiled by Klaros Group.

Comptroller of the Currency Jonathan Gould said last month that cryptocurrency activity should be done within the banking system if legally permissible and safe. His agency regulates nationally-chartered U.S. banks. The Bank Policy Institute and the Independent Community Bankers of America oppose the applications. BPI sent letters urging the Office of the Comptroller of the Currency to reject the Ripple, Wise, and Sony applications. The group said approving Coinbase could significantly increase risks to the U.S. financial system.
Verizon

Verizon To Cut About 15,000 Jobs (msn.com) 40

Verizon is planning to cut roughly 15,000 jobs, looking to reduce costs as it contends with increased competition for wireless service and home internet, according to WSJ, which cites people familiar with the matter. From the report: The cuts, the largest ever for the carrier, are set to take place in the next week, the people said. The majority of the reduction is expected to be made through layoffs. Verizon also plans to transition about 200 stores into franchised operations, which will shift employees off its payroll.

Verizon, the largest U.S. telecommunications provider by subscriber base, faces a fierce battle for both wireless and home internet customers. It has lost crucial postpaid phone subscribers for three consecutive quarters. Last month, Verizon named its lead independent director Daniel Schulman as its new chief executive officer. Schulman, a former CEO of PayPal and Virgin Mobile USA, has said he would aggressively reduce the company's entire cost base and take steps to reverse the customer losses.

Transportation

Toyota Opens the Doors To Its First EV Battery Plant In the US (electrek.co) 39

An anonymous reader quotes a report from Electrek: Production is now underway at Toyota's new $13.9 billion battery plant in North Carolina, the company's first outside Japan. After the first batteries rolled off the production line at its new facility in Liberty, North Carolina, on Wednesday, Toyota said today marks a "pivotal moment" in the company's history. The facility is Toyota's 11th plant in the US and its first battery plant outside of Japan.

Toyota first announced plans to build EV batteries in the US almost four years ago. The nearly $14 billion facility will create up to 5,100 jobs in the area. In addition, the Japanese auto giant announced plans to invest an additional $10 billion in its US operations over the next five years. Since it first arrived in the US nearly 70 years ago, Toyota has invested close to $60 billion.

The mega site spans 1,850 acres, or about the size of 121 football fields, and can produce up to 30 GWh annually. Toyota will use the hub to develop and build lithium-ion batteries for its growing lineup of "electrified" vehicles, including battery electric (EV), plug-in hybrid (PHEV), and hybrid (HEV) models. Batteries from the plant will power the new Camry HEV, Corolla Cross HEV, RAV4 HEV, and Toyota's yet-to-be-announced three-row electric SUV.

Businesses

Anthropic To Spend $50 Billion On US AI Infrastructure (cnbc.com) 20

An anonymous reader quotes a report from CNBC: Anthropic announced plans Wednesday to spend $50 billion on a U.S. artificial intelligence infrastructure build-out, starting with custom data centers in Texas and New York. The facilities, which will be designed to support the company's rapid enterprise growth and its long-term research agenda, will be developed in partnership with Fluidstack.

Fluidstack is an AI cloud platform that supplies large-scale graphics processing unit, or GPU, clusters to clients like Meta, Midjourney and Mistral. Additional sites are expected to follow, with the first locations going live in 2026. The project is expected to create 800 permanent jobs and more than 2,000 construction roles. The investment positions Anthropic as a major domestic player in physical AI infrastructure at a moment when policymakers are increasingly focused on U.S.-based compute capacity and technological sovereignty.
"We're getting closer to AI that can accelerate scientific discovery and help solve complex problems in ways that weren't possible before. Realizing that potential requires infrastructure that can support continued development at the frontier," said CEO Dario Amodei. "These sites will help us build more capable AI systems that can drive those breakthroughs, while creating American jobs."
United States

US Ends Penny-Making Run After More Than 230 Years (bbc.com) 186

The US is set to make its final penny. The Philadelphia Mint will strike its last batch of one-cent coins on Thursday, after more than 230 years of production. From a report: The coins will remain in circulation but the phase-out has already prompted businesses to start adjusting prices, as they say pennies are becoming harder to find. The government says the move will save money, or as President Donald Trump put it in February when he first announced the plans: "Rip the waste out of our great nation's budget, even if it's a penny at a time."

Pennies, which honour Civil War president Abraham Lincoln and are made of copper-plated zinc, today cost nearly four cents each to make -- more than twice the cost of a decade ago, according to the Treasury Department. It estimates the decision to end production will save about $56 million a year. Officials have argued that the rise of electronic transactions is making the penny, which first went into production in 1793, increasingly moot. The Treasury Department estimates that about 300 billion of the coins will remain in circulation, "far exceeding the amount needed for commerce."

Education

UC San Diego Reports 'Steep Decline' in Student Academic Preparation 174

The University of California, San Diego has documented a steep decline in the academic preparation of its entering freshmen over the past five years, according to a report [PDF] released this month by the campus's Senate-Administration Working Group on Admissions. Between 2020 and 2025, the number of students whose math skills fall below middle-school level increased nearly thirtyfold, from roughly 30 to 921 students. These students now represent one in eight members of the entering cohort.

The Mathematics Department redesigned its remedial program this year to focus entirely on elementary and middle school content after discovering students struggled with basic fractions and could not perform arithmetic operations taught in grades one through eight. The deterioration extends beyond mathematics. Nearly one in five domestic freshmen required remedial writing instruction in 2024, returning to pre-pandemic levels after a brief decline.

Faculty across disciplines report students increasingly struggle to engage with longer and complex texts. The decline coincided with multiple disrupting factors. The COVID-19 pandemic forced remote learning starting in spring 2020. The UC system eliminated SAT and ACT requirements in 2021. High school grade inflation accelerated during this period, leaving transcripts unreliable as indicators of actual preparation. UC San Diego simultaneously doubled its enrollment from under-resourced high schools designated LCFF+, admitting more such students than any other UC campus between 2022 and 2024.

The working group concluded that admitting large numbers of underprepared students risks harming those students while straining limited instructional resources. The report recommends developing predictive models to identify at-risk applicants and calls for the UC system to reconsider standardized testing requirements.
United States

US Senator Challenges Defense Industry on Right-to-Repair Opposition (reuters.com) 47

Democratic U.S. Senator Elizabeth Warren is escalating pressure on the defense industry to stop opposing military right-to-repair legislation, as House and Senate negotiators work to finalize the fiscal 2026 National Defense Authorization Act. From a report: In a sharply-worded November 5 letter to the National Defense Industrial Association (NDIA) obtained by Reuters, Warren accused the industry group of attempting to undermine bipartisan efforts to give the Pentagon greater ability to repair weapons and equipment it owns.

She called the group's opposition "a dangerous and misguided attempt to protect an unacceptable status quo of giant contractor profiteering." Currently, the government is often required to pay contractors like NDIA members Lockheed Martin, Boeing and RTX to use expensive original equipment and installers to service broken parts, versus having trained military maintainers 3D print spares in the field and install them faster and more cheaply.

The Almighty Buck

Direct File Won't Happen in 2026, IRS Tells States (nextgov.com) 93

NextGov: The IRS has notified states that offered the free, government tax filing service known as Direct File in 2025 that the program won't be available next filing season. In an email sent from the IRS to 25 states, the tax agency thanked them for collaborating and noted that "no launch date has been set for the future."

"IRS Direct File will not be available in Filing Season 2026," says the Monday email, obtained by Nextgov/FCW and confirmed by multiple sources. It follows reports that the program was ending and Trump's former tax chief, Billy Long, remarking over the summer that the service was "gone."

The program, which debuted in 2024, was a big shift from the decades-long IRS policy of not competing with the tax prep industry in offering its own free, online tax filing service for Americans. Many Republicans had opposed Direct File, and tax prep companies also lobbied against it.

Power

How the US Cut Climate-Changing Emissions While Its Economy More Than Doubled (theconversation.com) 120

alternative_right shares a report from The Conversation: Countries around the world have been discussing the need to rein in climate change for three decades, yet global greenhouse gas emissions -- and global temperatures with them -- keep rising. When it seems like we're getting nowhere, it's useful to step back and examine the progress that has been made. Let's take a look at the United States, historically the world's largest greenhouse gas emitter. Over those three decades, the U.S. population soared by 28% and the economy, as measured by gross domestic product adjusted for inflation, more than doubled. Yet U.S. emissions from many of the activities that produce greenhouse gases -- transportation, industry, agriculture, heating and cooling of buildings -- have remained about the same over the past 30 years.

Transportation is a bit up; industry a bit down. And electricity, once the nation's largest source of greenhouse gas emissions, has seen its emissions drop significantly. Overall, the U.S. is still among the countries with the highest per capita emissions, so there's room for improvement, and its emissions (PDF) haven't fallen enough to put the country on track to meet its pledges under the 10-year-old Paris climate agreement. But U.S. emissions are down about 15% over the past 10 years.
The report mentions how the U.S. managed to replace coal with cheaper, more efficient natural-gas plants while rapidly scaling wind, solar, and battery storage as their costs fell. At the same time, major gains in appliance, lighting, and building efficiency flattened per-capita power use. This also coincided with improved vehicle fuel economy that helped keep transportation emissions in check.
AI

Trump AI Czar Says 'No Federal Bailout For AI' After OpenAI CFO's Comments (cnbc.com) 78

Venture capitalist David Sacks, who is serving as President Donald Trump's AI and crypto czar, said Thursday that there will be "no federal bailout for AI." From a report: "The U.S. has at least 5 major frontier model companies. If one fails, others will take its place," Sacks wrote in a post on X. Sacks' comments came after OpenAI CFO Sarah Friar said Wednesday that the startup wants to establish an ecosystem of private equity, banks and a federal "backstop" or "guarantee" that could help the company finance its infrastructure investments.

She softened her stance later in a LinkedIn post and said OpenAI is not seeking a government backstop for its infrastructure commitments. She said her use of the word "backstop" clouded her point. [...] Sacks said the Trump administration does want to make permitting and power generation easier, and that the goal is to facilitate rapid infrastructure buildouts without raising residential electricity rates. "To give benefit of the doubt, I don't think anyone was actually asking for a bailout. (That would be ridiculous.)," he wrote.

United States

Why Manufacturing's Last Boom Will Be Hard To Repeat (msn.com) 92

American manufacturing's postwar boom from the 1940s through the 1970s resulted from conditions that cannot be recreated, a story on WSJ argues. Global competitors had been destroyed by war. Energy was cheap. Unions could demand concessions without fearing job losses to foreign rivals.

Strikes were frequent in steel, auto, trucking, rubber and coal mining. That relentless pressure from an organized working class raised real wages and created fringe benefits including health insurance and retirement pay. Government support for unions kept executive salaries at just a few times median income. Stock buybacks were illegal or frowned upon. President Eisenhower declared at the 1956 dedication of the AFL-CIO national headquarters that "Labor is the United States."

The system began unraveling by the mid-1960s. The Vietnam War drained federal coffers. Inflation accelerated as government deficits exploded. Nixon abandoned the gold standard in 1971, unleashing currency volatility. The 1973 OPEC oil embargo quadrupled energy prices. Foreign competition returned from Japan, Korea and West Germany. American companies carried mounting legacy costs like pensions that discouraged investment in upgrades and research.

Milton Friedman declared in a 1970 New York Times essay that the social responsibility of business is to increase its profits. Clinton signed NAFTA in 1993 and championed the World Trade Organization in 1995. Bethlehem Steel employed around 150,000 people in the mid-1950s. The company filed for bankruptcy in 2001. Its former hometown plant in Bethlehem, Pa., is now a casino.
United States

US Software Firm SAS Exits China After 25 Years (scmp.com) 27

An anonymous reader shares a report: US software company SAS Institute has withdrawn from mainland China and dismissed its local staff, according to a Beijing-based employee affected by the move, as the analytics specialist ended more than two decades of operations amid intense domestic competition and geopolitical tensions. The company on Thursday announced the lay-offs via an email and hosted a short video call, in which executives thanked local employees for their contribution and cited "organisational optimisation" for the exit, according to the employee.

"SAS is ceasing direct business operations in China," an SAS spokeswoman said on Friday in response to the Post's inquiry. "This decision reflects a broader shift in how we operate globally, optimising our footprint and ensuring long-term sustainability." The company would continue having a presence on the mainland via third-party partners, according to the spokeswoman.

United States

Thousands of Flights in Danger of Cancellation as FAA Announces Major Cuts (theverge.com) 235

The government shutdown-spurred airport chaos is about to get a whole lot worse. From a report: The Federal Aviation Administration said Wednesday it will reduce flight volumes by 10 percent across 40 major airports in response, a move that could threaten 3,000 to 4,500 flights daily. The cuts will affect "high volume" markets, including in Atlanta, Dallas, New York City and Los Angeles, according to CBS. The FAA has not formally announced which airports will have their capacity cut.

"I'm not aware in my 35-year history in the aviation market where we've had a situation where we're taking these kinds of measures," FAA Administrator Bryan Bedford said at a news conference, according to the AP. The government shutdown, which is now the longest in US history, has already been causing thousands of delays each day, as well as long waits at airport security. Some major airports have even been forced to operate without air traffic control for hours at a time.

China

China Achieves Thorium-Uranium Conversion Within Molten Salt Reactor (scmp.com) 120

Longtime Slashdot reader hackingbear writes: South China Morning Post, citing Chinese state media, reported that an experimental reactor developed in the Gobi Desert by the Chinese Academy of Sciences' Shanghai Institute of Applied Physics has achieved thorium-to-uranium fuel conversion, paving the way for an almost endless supply of nuclear energy. It is the first time in the world that scientists have been able to acquire experimental data on thorium operations from inside a molten salt reactor according to a report by Science and Technology Daily. Thorium is much more abundant and accessible than uranium and has enormous energy potential. One mine tailings site in Inner Mongolia is estimated to hold enough of the element to power China entirely for more than 1,000 years.

At the heart of the breakthrough is a process known as in-core thorium-to-uranium conversion that transforms naturally occurring thorium-232 into uranium-233 -- a fissile isotope capable of sustaining nuclear chain reactions within the reactor itself. Thorium (Th-232) is not itself fissile and so is not directly usable in a thermal neutron reactor. Thorium fuels therefore need a fissile material as a 'driver' so that a chain reaction (and thus supply of surplus neutrons) can be maintained. The only fissile driver options are U-233, U-235 or Pu-239. (None of these are easy to supply.) In the 1960s, the Oak Ridge National Laboratory (USA) designed and built a demonstration MSR using U-233, derived externally from thorium as the main fissile driver.

United States

Dick Cheney, Powerful Former VP, Dies at 84 128

Dick Cheney, who served four Republican presidents and became one of the most powerful and controversial vice presidents in American history as an architect of the post-9/11 war on terror, died at 84. His family said he died from complications of pneumonia and cardiac and vascular disease.

Cheney served as vice president under George W. Bush for two terms beginning in 2001 and relentlessly advocated for the 2003 invasion of Iraq. Many Americans came to view the war as a strategic and humanitarian disaster. The conflict had far-reaching policy and political consequences that helped turn the public against intervention and upheaved Republican politics. Cheney continued to defend the invasion long after leaving office in 2009.

He had heart disease for most of his life and underwent a transplant in 2012. That allowed him to live to see his daughter Liz Cheney follow in his political footsteps to become a House GOP leader. Before serving as vice president, Cheney was defense secretary under George H.W. Bush and chief of staff to Gerald Ford at age 34.
United States

What Happened When Small-Town America Became Data-Center, USA (msn.com) 48

Amazon's data-center expansion turned Umatilla, Oregon into an unlikely nerve center for American infrastructure investment. The community of roughly 8,000 residents has seen home prices double and local government budgets surge from $7 million in 2011 to a hundred and $44 million in the past fiscal year. Yesenia Leon-Tejeda, a Realtor and daughter of Mexican-born farmhands who once worked 12-hour shifts at a distribution center, is now on pace to close 35 deals this year.

Federal data shows investment in software and information-processing equipment drove most of America's GDP growth in the first half of 2025. Goldman Sachs estimated that roughly 72% of all server-farm capacity sat in just 1% of counties as of July. The region's hydroelectric dams and cheap power attracted Amazon Web Services more than a decade ago. Growth has brought rising costs for housing and child care. Political tensions over spending erupted this year when Mayor Caden Sipe sued the city manager and council members.
Businesses

A Fight Over Credit Scores Turns Into All-Out War (msn.com) 53

A long-simmering battle over who controls credit scoring in America has erupted into open warfare. Fair Isaac, whose FICO score is used in about 90% of consumer-lending decisions in the U.S., announced it will double the price of its mortgage credit score to $10 next year. The company also said it will bypass the three credit-reporting firms that have supplied the data feeding into its algorithm for decades.

Equifax, Experian and TransUnion created VantageScore in 2006 as an alternative to FICO and collectively own the scoring system. The move came months after Bill Pulte, head of the Federal Housing Finance Agency, announced that Fannie Mae and Freddie Mac would allow lenders to use VantageScore for mortgage approvals. The three credit-reporting firms responded by offering VantageScore free for many loans. Fair Isaac had charged a few cents per score for decades before chief executive Will Lansing began raising prices several years ago. Revenue from selling credit scores reached $920 million in fiscal 2024, nearly five times what it was a decade earlier.
Power

Falling Panel Prices Lead To Global Solar Boom, Except For the US 183

Longtime Slashdot reader AmiMoJo shares a report from the Financial Times: Solar power developers want to cover an area larger than Washington, DC, with silicon panels and batteries, converting sunlight into electricity that will power air conditioners in sweltering Las Vegas along with millions of other homes and businesses. But earlier this month, bureaucrats in charge of federal lands scrapped collective approval for the Esmeralda 7 projects, in what campaigners fear is part of an attack on renewable energy under President Donald Trump. "We will not approve wind or farmer destroying [sic] Solar," he posted on his Truth Social platform in August. Developers will need to reapply individually, slowing progress.

Thousands of miles away on the other side of the Pacific Ocean, it is a different story. China has laid solar panels across an area the size of Chicago high up on the Tibetan Plateau, where the thin air helps more sunlight get through. The Talatan Solar Park is part of China's push to double its solar and wind generation capacity over the coming decade. "Green and low-carbon transition is the trend of our time," President Xi Jinping told delegates at a UN summit in New York last month. China's vast production of solar panels and batteries has also pushed down the prices of renewables hardware for everyone else, meaning it has "become very difficult to make any other choice in some places," according to Heymi Bahar, senior analyst at the International Energy Agency. [...]

More broadly, the US's focus on fossil fuels and pullback of support for clean energy further cedes influence over the future global energy system to China. The US is trying to tie its trading partners into fossil fuels, pressing the EU to buy $750 billion of American oil, natural gas, and nuclear technologies during his presidency as part of a trade deal, scuppering an initiative to begin decarbonizing world shipping and pressuring others to reduce their reliance on Chinese technology. But the collapsing cost of solar panels in particular has spoken for itself in many parts of the world. Experts caution that the US's attacks on renewables could cause lasting damage to its competitiveness against China, even if an administration more favorable to renewables were to follow Trump's.
United States

FDA Clears Way For Faster Personalized Gene Editing Therapy (financialpost.com) 8

A top United States regulator plans to unveil a faster approach to approving custom gene-editing treatments, a move designed to unleash a wave of industry investment that will yield cures for patients with rare diseases. From a report: Vinay Prasad, who oversees gene therapies at the Food and Drug Administration, said scientific advances, like Crispr, have forced the agency to relax some of its strict rules. As an example, he cited the case of 10-month-old KJ Muldoon, who this year became the first person in history to have his genes custom edited to cure an inherited disease.

"Regulation has to evolve as fast as science evolves," Prasad said in an interview with Bloomberg News. The agency is "going to be extremely flexible and work very fast with the scientists who want to bring these therapies to kids who need it." Prasad plans to publish a paper in early November outlining the FDA's new approach. He predicted it will spark interest in developing treatments for conditions that may affect only a handful of people.

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