Skip to main content

Posts

Trump Announces ‘AI Force’ Plan, Appoints AI ‘Czar’ to Guide Policy

U.S. President Donald Trump says he plans to create an “AI Force” and appoint an “AI czar,” framing the initiative as a way to coordinate the rapidly expanding AI sector without adding regulations that could slow innovation. The announcement, posted by Trump on Truth Social over the weekend, positions the effort as an executive-led counterpart to earlier “Space Force” branding—though it leaves major questions unanswered. Trump’s message did not spell out whether the AI Force would function as a military command, a civilian agency, or a new department. The New York Times reported that White House officials did not respond to an email seeking clarification. Key takeaways Trump says he will form an “AI Force” and appoint an “AI czar,” but he offered no organizational details in the initial post. The president framed the plan as avoiding new regulations that could hinder innovation—without specifying how that would work in practice. Trump’s announcement arrives as prominent AI leade...
Post a Comment
Read more
Recent posts

Trump Signals New US “AI Force” and Plans to Name AI Czar: Reports

U.S. President Donald Trump said he plans to create an “AI Force” and appoint an “AI czar,” positioning the initiative as a way to manage the rapidly expanding artificial intelligence sector without introducing new regulations that could slow innovation. In a Saturday post on Truth Social, Trump likened the proposal to his “Space Force” effort from his first term, saying the AI Force would be paired with a future appointment of an “AI ‘Czar’.” The president did not provide additional specifics on the role’s mandate, reporting structure, or timing. Reporting at the time noted that White House officials did not respond to a request for clarification. Key takeaways Trump announced plans for an “AI Force” and an “AI czar,” framing the approach as pro-innovation and less regulatory. The president gave few details on whether the AI Force is military, civilian, or housed within an existing federal department. The announcement lands amid broader debate over whether AI development should ...
Post a Comment
Read more

Lemon Exits Brazil As Licensing Capital Rules Reshape Crypto Market

Lemon is closing all Brazil operations by October 16, 2026. The Argentine crypto app cited capital rules under Brazil's new licensing framework. Lemon will redirect funds toward Argentina, Peru, and Colombia instead. License Capital Proves Too Costly Brazil's Central Bank enforces the PSAV framework, active since February 2026. The rules set capital thresholds that unlicensed firms must meet. Lemon determined the requirement outweighed its local business size. New BRL deposits are already blocked for existing customers. The Lemon Card, launched weeks earlier with Pomelo, stops processing September 30. Around 15,000 Brazilian users still hold active balances. Lemon says it will contact every affected user directly. The company will assist customers with withdrawals before the deadline. Accounts fully close on October 16, 2026. Wider Brazil Shakeout Continues Lemon is not alone in retreating from Brazil's market. Coinext shut down after missing minimum capital requirements. D...
Post a Comment
Read more

Anthropic Selects Accenture for Embedded AI Evaluation in Slowdown Plan

Anthropic has selected Accenture as its first “embedded evaluator” partner, moving from a broad commitment to independent oversight toward a concrete safety program designed to keep pace with fast-moving AI model development. The move follows an earlier call from Anthropic CEO Dario Amodei for industry-wide measures to slow the “frontier” of AI progress and create room for safeguards. In a three-step proposal published Sept. 12, Amodei argued that AI systems can accelerate progress through recursive self-improvement—an effect that, if left unchecked, may outgrow humans’ ability to understand and control the technology. He added that safeguards should be implemented alongside development rather than as an afterthought. Key takeaways Anthropic says it will work with Accenture Faculty to evaluate models, conduct red-teaming, and test safeguards as part of its embedded evaluation plan. Accenture is expected to provide employee-like access to evaluators, reflecting Amodei’s first step t...
Post a Comment
Read more

Grayscale Files Zcash ETF for 3-for-1 Forward Share Split

Grayscale’s Zcash ETF is set to undergo a 3-for-1 forward share split, according to a filing submitted with the U.S. Securities and Exchange Commission. The change is scheduled to take effect after the market close on Sept. 28, with shareholders set to receive two additional shares for every share they hold. In a press release cited in the ETF filing, Grayscale said the forward split is designed to reduce the price per share while increasing the total number of shares outstanding in equal proportion—leaving the value of an investment unchanged in theory. Key takeaways Grayscale’s Zcash ETF (ZCSH) plans a 3-for-1 forward split effective after the Sept. 28 market close. Shareholders receive two extra shares per held share; the filing describes the change as proportionate, not value-accretive. Grayscale expects the lower per-share price to improve accessibility, referencing that the unit price had become “too high.” The move comes as Zcash’s broader market momentum has been strong...
Post a Comment
Read more

Grayscale Files Zcash ETF Proposal for 3-for-1 Forward Split

Grayscale’s spot Zcash ETF has filed plans with the U.S. Securities and Exchange Commission for a 3-for-1 forward share split, a move designed to lower the fund’s quoted price per share while keeping the overall value of an investment unchanged. According to the filing referenced by Grayscale, shareholders of Grayscale’s Zcash ETF (ZCSH) would receive two additional shares for every share they hold after trading closes on Sept. 28. The change is expected to increase the number of shares outstanding proportionately and reduce the price per share accordingly. Key takeaways Grayscale’s Zcash ETF (ZCSH) has filed for a 3-for-1 forward split with the SEC, with a Sept. 28 record timing after market close. The split is structured to keep investment value the same while reducing the fund’s per-share price through a proportional increase in shares. Grayscale says the action is intended to make the ETF more accessible, amid a sharp rise in Zcash’s value over the past year. Zcash-related ...
Post a Comment
Read more

Anthropic Selects Accenture as Embedded Evaluator for AI Slowdown Plan

Anthropic has selected Accenture as its first “embedded evaluator,” a move tied to CEO Dario Amodei’s recent proposal to slow frontier AI development while safeguards catch up. The partnership is designed to put independent testing closer to how advanced AI systems are built and deployed—an approach Anthropic says it believes is necessary to reduce the risk of catastrophic harm. The announcement follows Amodei’s call for a slower, safer pace of AI progress published Sept. 12. His argument centers on the way AI systems can improve other AI systems: as models become better at creating next-generation models, development can accelerate through recursive self-improvement—potentially outpacing human oversight. Key takeaways Anthropic is partnering with Accenture to act as its first embedded evaluator, conducting model evaluations and red-teaming. Amodei’s Sept. 12 proposal emphasized independent evaluators with “employee-like” access to test safeguards more effectively. Anthropic expe...
Post a Comment
Read more