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Rates, ads, and the liability bill for AI

The Fed raised rates for the first time since 2023, and Kevin Warsh made the next hike the market question. OpenAI put a paid business chatbot after the ad click, while Treasury Secretary Scott Bessent told Congress to keep AI labs liable for what they ship. Anthropic, Cohere, Aleph Alpha, Arcee, Mustafa Suleyman, and Yoshua Bengio filled in the buildout, funding, and safety architecture behind the argument.

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