Global Demand for Defense Metals Is Surging 7X

Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill the West's critical-minerals gap.

Chuck Schumer Offers To Provide AI Regulation Framework For Healthcare, Labor Rights, And 'Doomsday Scenarios' As US Looks To Catch Up With EU

Rounak Jain
May 09, 2024

Senate Majority Leader Chuck Schumer (D-N.Y.) has announced plans to introduce a legislative roadmap for AI regulation in the U.S., looking to catch up to the European Union which unveiled its framework in March.

What Happened: Schumer revealed his plans during an AI summit in Washington, D.C. on Wednesday, Reuters reported. The roadmap will be based on expert input and will be used to draft piecemeal legislation on issues such as intellectual property, labor rights, healthcare, and potential “doomsday scenarios” associated with AI.

Schumer's roadmap, expected to be released in the next few weeks, will address the potential risks and benefits of AI, including its impact on elections and national security.

According to Schumer, the roadmap will provide guidelines and ideas for Congress to proceed, with different committees translating these into concrete legislation.

He emphasized the need for the U.S. to address AI regulation, particularly in light of China’s advancements in AI technology.

The Biden administration and lawmakers have been pushing for AI regulation, citing concerns about its potential impact on elections and national security.

Schumer highlighted the urgency of the situation, warning that China’s AI technology, focused on areas like facial recognition and surveillance, could surpass that of the U.S.

See Also: Meta’s Chief AI Scientist Reveals Mark Zuckerberg Was ‘Snubbed’ From Biden’s AI Safety Institute; Elon Musk Also Missing From The List

He also stressed the potential for AI to be used for malicious purposes, such as creating bioweapons or launching cyber attacks. To address these concerns, Schumer proposed a piecemeal approach to AI regulation, with different committees taking the lead on specific issues.

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

Why It Matters: The U.S. has been lagging behind in AI regulation, with the EU taking the lead by endorsing the world’s first comprehensive regulatory framework for AI.

Meanwhile, the U.S. and the U.K. have signed a bilateral agreement to address the safety concerns surrounding AI, aiming to evaluate and regulate the potential risks associated with emerging AI technology.

However, the U.S. has faced criticism for its unclear plans for AI regulation, with prominent figures like Paul Graham expressing skepticism over the government’s approach.

Moreover, the U.S. is also considering new regulations to restrict China’s access to advanced AI software, such as that used in ChatGPT. These regulations would limit the export of proprietary or closed-source AI models, aiming to safeguard U.S. AI from China.

Check out more of Benzinga's Consumer Tech coverage by following this link.

Read Next: Tesla Investor Ross Gerber Calls Warren Buffett ‘Tough As Nails Businessman’ After Berkshire Hathaway Dumps Apple

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Photo courtesy: Shutterstock

Continue Reading...

Popular

EPAM Confident On Growth, Initiates $1 Billion Stock Buyback

EPAM Systems (EPAM) stock gained 4.41% after reporting strong third-quarter 2025 results, with sales of $1.394 billion.

Thousands protest in Bulgaria before budget with steep tax increases gets final approval

SOFIA, Bulgaria (AP) — Thousands took to the streets of Sofia, capital, Wednesday to denounce steep tax increases in next year’s draft budget before its final vote in parliament.

BLACK FRIDAY STOCK ALERT: Futurist Eric Fry Says It Will Be a "Season of Surge" for These Three Stocks - Ad

These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. And for Black Friday, Eric Fry is giving away the names, tickers, and full analysis in a first-ever free broadcast.

These are the 37 donors helping pay for Trump's $300 million White House ballroom

WASHINGTON (AP) — President Donald Trump says his $300 million White House ballroom will be paid for “100% by me and some friends of mine.”

Schwab: Half Of US Investors May Ditch Other Assets For ETFs — 4 Funds To Watch

Nearly half of ETF investors could go all-ETF within five years, Schwab says. Here's how they're building portfolios with funds like ITOT, BND, and XLK.

Is Nvidia About to Spark Another 150X Opportunity This Black Friday? - Ad

Nvidia once handed investors the chance to make 150X on its breakthrough AI chips. Now, legendary investor Louis Navellier says a new invention-perfectly timed for Black Friday-could be even bigger.

Wendy's to close hundreds of US stores in bid to halt falling profit

Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit.

Jim Cramer: Chipotle Is 'Too Expensive,' Buy This Plane Maker

On "Mad Money," Cramer discusses Henry Schein, Bloom Energy, Tyler Technologies, Boeing and Chipotle Mexican Grill.

Why Is a $116B Mining Giant Backing a $10M Firm? - Ad

Rio Tinto rarely makes early-stage bets. Yet one small N. American firm earned its trust with projects in lithium, uranium, and titanium - all vital to U.S. defense and energy independence.

What's Going On With Surf Air Mobility Stock Monday?

Surf Air Mobility raises $26M equity and partners with Palantir to advance SurfOS software, expand engineering.

Is Nvidia About to Trigger Another 150X Opportunity This Black Friday? - Ad

Nvidia gave investors the rare chance to make more than 150 times their money with its breakthrough AI chips known as graphic processing units. Now, legendary investor Louis Navellier believes a new invention-unveiled just in time for Black Friday-could be even more revolutionary... and potentially mint a new wave of millionaires.

Cathie Wood Bets Big On These Stocks As Bitcoin, Ethereum Crash —Dumps Instagram Rival

On Tuesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its holdings in Bullish (NYSE:BLSH), Coinbase Glo

TSLA, PLTR, IREN And More: 5 Stocks That Dominated Investor Buzz This Week

Retail investors talked up five hot stocks this week (Nov. 3–7) on X and Reddit's r/WallStreetBets: TSLA, PLTR, MSTR, AMD, IREN.

AI Learns To Forecast U.S. Stock Prices, To The Cent, Days In Advance - Ad

Breakthrough AI created by former Air Force nuclear missile coder would have already gotten you in early on Amazon, Meta, and Tesla.

Rivian Automotive CEO Gets An Elon Musk-Style Pay Raise

Rivian CEO's new pay plan could be worth up to $4.6 billion over the next ten years.

Bill Ackman's Amazon Trade Reverses Course – Now Up $119 Million And Counting In Third Quarter

Amazon.com was one of the biggest bets by Bill Ackman in the second quarter. After Q3 earnings, the position is now up since the end of Q2.

BLACK FRIDAY STOCK ALERT: Futurist Eric Fry Declares This Year's "Season of Surge" - and the Timing Couldn't Be More Perfect. - Ad

These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. And for Black Friday, Eric Fry is giving away the names, tickers, and full analysis in a first-ever free broadcast.

StubHub Analyst Warns Of Timing Shifts And Weak Visibility

StubHub shares slid after a key analyst cut long-term growth expectations and flagged rising uncertainty around 2026 momentum.

$76 Million Worth of Shiba Inu Tokens Locked Into Derivatives Market Amid Rising Activity

Traders of Shiba Inu (CRYPTO: SHIB) have locked a staggering 7.38 trillion SHIB tokens into the derivatives market. This move has triggered a price surge and a renewed wave of optimism among the SHIB community.

Black Friday Alert: Huge Tesla Shift Ahead? - Ad

Tesla could be on the verge of its biggest change ever. Insiders are warning of a coming "critical inflection point" that could have ripple effects across the entire stock market. Do NOT buy or sell Tesla stock during Black Friday week until you see this.

Bill.Com Scales Payments Footprint With 33 Million Transactions

Bill Holdings, Inc. (BILL) reports Q1 fiscal 2026 results, beating analyst estimates with adjusted EPS of 61c and revenue of $395.74M.

Elon Says Tesla's Next Move Could "Affect the Future of the World" - Ad

Get ready for what could be the biggest corporate pivot in U.S. history. Tesla insiders are preparing for a dramatic new launch (not driverless cars) but something far bigger. You're almost out of time to prepare.

Criminal case against Boeing over deadly 737 Max plane crashes is dismissed by a US judge

A federal judge in Texas has agreed to dismiss a criminal conspiracy charge against Boeing in connection with two that killed 346 people.

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Apple's Satellite-Powered Features for iPhones: A Journey Spanning Over A Decade

Apple continues to make strides in its decade-old satellite connectivity project. The tech giant is reportedly developing a range of innovative features to enhance its satellite services.

Summit of EU, Latin America and Caribbean nations aims to strengthen ties amid US military operation

BOGOTA, Colombia (AP) — Representatives of European, Latin American and Caribbean nations will meet Sunday in Colombia to try to strengthen ties amid divisions in the Western Hemisphere over targeting alleged drug-carrying vessels.

Global Demand for Defense Metals Is Surging 7X - Ad

Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill the West's critical-minerals gap.

Lucid Group (LCID) Stock Down As Q3 Revenue Misses, Key Engineer Departs

Lucid Group shares continued their slide Friday afternoon, following the company's third-quarter 2025 results released Wednesday, which missed analyst expectations.

Why Is Sigma Lithium Stock Gaining Friday?

Sigma Lithium posts Q3 revenue of $28.5M, EPS loss narrows to 10 cents, as sales volumes rise 21% and lithium prices jump 33% Q/Q.

BLACK FRIDAY STOCK ALERT: Futurist Eric Fry Says It Will Be a "Season of Surge" for These Three Stocks - Ad

These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. And for Black Friday, Eric Fry is giving away the names, tickers, and full analysis in a first-ever free broadcast.

Bernie Sanders Says Shutdown Fight Is About Trump Giving Trillion-Dollar Tax Breaks To 'Mr. Musk, Mr. Bezos' And Other Billionaires: 'Must Not Cave'

Sen. Bernie Sanders blamed President Donald Trump's billionaire-focused tax cuts for causing the record-breaking government shutdown, urging Democrats "not to cave" as the Senate moves toward a vote to reopen the government.

Monster Stock Climbs After Q3 Earnings Beat: Details

Monster Beverage shares were up after the company released its third-quarter earnings report after Thursday's closing bell.

Is Nvidia About to Spark Another 150X Opportunity This Black Friday? - Ad

Nvidia once handed investors the chance to make 150X on its breakthrough AI chips. Now, legendary investor Louis Navellier says a new invention-perfectly timed for Black Friday-could be even bigger.

Former colleagues pay tributes to pilots killed in UPS cargo plane crash in Kentucky

LOUISVILLE, Ky. (AP) — Former colleagues are mourning three pilots killed in a in Louisville, Kentucky, as relatives of a man who was pulled from the wreckage confirm he’s among those who died.

Asian shares advance as tech shares rebound from AI jitters

BANGKOK (AP) — Asian shares advanced on Monday, lifted by technology shares as they rebounded from last week’s jitters over the run up in stocks related to artificial intelligence.

Why Is a $116B Mining Giant Backing a $10M Firm? - Ad

Rio Tinto rarely makes early-stage bets. Yet one small N. American firm earned its trust with projects in lithium, uranium, and titanium - all vital to U.S. defense and energy independence.

Average US long-term mortgage rate ticks up to 6.22% after four straight weekly declines

The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service