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Artificial Intelligence (AI)

Sen. Martin Heinrich, D-N.M., listens as Sen. Mike Rounds, R-S.D., speaks during a news conference at the Capitol on May 15, 2024 in Washington, D.C. (Photo by Kent Nishimura/Getty Images)

Lawmakers take another shot at NSF-run prizes for using AI to solve problems

The bipartisan, bicameral AI Grand Challenges Act would task NSF with overseeing $1 million competitions where innovators use AI to solve problems in health, energy, cyber and…
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Treasury Secretary Scott Bessent testifies before the Senate Committee on Banking, Housing, and Urban Affairs in the Dirksen Senate Office Building on Feb. 5, 2026 in Washington, D.C. (Photo by Kevin Dietsch/Getty Images)

Treasury pushing for ‘robust’ use of AI in banking, but in a ‘gradual’ way

Secretary Scott Bessent said there’s still “a great amount of learning to do” on AI during a pair of Hill appearances this week about FSOC’s annual report…
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