U.S. senators on June 8 introduced two new bipartisan bills with implications for AI, one focused on artificial intelligence, the other more generally on emerging technologies. The first is an accountability act that would require the U.S. and its agencies inform people when AI is used in government interactions. The second bill, the Global Technology Leadership Act, seeks to establish an Office of Global Competition Analysis (OGCA) that evaluates “competitiveness in technology and innovation sectors critical to national security and economic prosperity relative to other countries,” with emphasis on “strategic competitors.” Read more

Following nine months of difficult repositioning that included layoffs and consolidation as Meta Platforms segued to its “year of efficiency,” CEO Mark Zuckerberg recently shared his plans for the company’s future with employees at an all-hands meeting. In a discussion that has been reported as an effort to help bolster staff morale during this challenging period, Zuckerberg explained his strategy regarding job cuts, offered insight on the tech giant’s approach to artificial intelligence, and took a swipe at Apple’s upcoming Vision Pro mixed reality headset while talking about his goals for VR and the metaverse. Read more

Meta Platforms previewed its in-development Twitter rival, called Project 92, for staff last week. Chief product officer Chris Cox demoed the decentralized app, which the company plans to launch through Instagram. Meta received feedback from creators and high-profile figures indicating they want “a sanely run” platform. Project 92 — also referred to internally as “P92” or “Barcelona” — bears similarities to Twitter but unlike that closed system will interoperate with other decentralized social apps like Mastodon and Bluesky. Although a specific timeline wasn’t shared, Cox reportedly said Meta plans to launch P92 “as soon as we can.” Read more

Amazon may be further leveraging its enviable position with Madison Avenue by launching an ad-supported Prime Video tier. The move makes sense given Amazon’s surging ad revenue from online sales. The company also owns the FAST service Freevee. Amazon’s ad savvy runs deep, and reports suggest the e-commerce giant is also in discussions with Warner Bros. Discovery and Paramount Global to package the ad-supported versions of Max and Paramount+ under the Prime Video Channels banner. The news comes on the eve of the Cannes Lions International Festival of Creativity for the global marketing elite. Read more

Google DeepMind has discovered a way to create AI algorithms that run faster than those coded by humans, which could lead to more cost-effective software development and computing that is more efficient and sustainable, according to the Alphabet company. The breakthrough, detailed in the journal Nature, is called AlphaDev. It uses a form of machine learning called reinforcement that allows computers to build on their successes, honing strategies independent of human programmers. In this case, faster algorithms were developed for computer-science functions like sorting and hashing. Read more