☕️ Trump announces the 'AI Action Plan'

Hi there, this is your daily ☕️ Techpresso.

In today's Techpresso:

💥 Trump announces the 'AI Action Plan'

👋 Meta’s new wristband lets you type and click without touching anything

📉 Tesla reports steepest revenue decline in a decade

🏛️ Google AI helps restore ancient Roman inscriptions

🫠 FDA's AI tool used for drug approvals generates fake studies

📡 T-Mobile launches Starlink satellite texting service nationwide

🎁 + 15 other news you might like

🔮 + 6 handpicked research papers and tools

FROM OUR PARTNER

• Trump released a 28-page AI Action Plan on July 23 that outlines over 90 federal policy actions to counter China and maintain American AI dominance.
• The plan focuses on three pillars: accelerating innovation through deregulation, building AI infrastructure with private sector partnerships, and leading international AI diplomacy.
• The administration directs federal agencies to remove regulatory barriers that hinder AI development and threatens to limit funding to states with restrictive AI laws.

• Meta's prototype wristband reads electrical signals from forearm muscles to control computers through hand gestures and finger movements.
• The device uses electromyography and artificial intelligence trained on data from 10,000 people to detect movement intentions before they happen.
• Meta plans to integrate this technology into products within the next few years, starting with smart glasses demonstrations last fall.

• Tesla reported a 12% revenue decline to $22.5 billion in the April-June quarter, marking the steepest drop in over a decade.
• The company faces strong competition from cheaper electric vehicles and backlash against CEO Elon Musk's political views affecting sales performance.
• Tesla started production of a more affordable model and expects volume production in the second half of the year.

• Google DeepMind released Aeneas, an AI model that analyzes text and images to restore damaged Latin inscriptions and predict their origin.
• The model helped 23 historians boost confidence by 23% and find relevant parallels in 15 minutes instead of days of manual searching.
• Aeneas can attribute inscriptions to Roman provinces with 72% accuracy and date texts within 13 years using a dataset of 176,000 inscriptions.

• The FDA's AI assistant Elsa fabricates non-existent drug studies and creates extra work for reviewers who must constantly double-check its unreliable outputs.
• FDA employees report that Elsa "hallucinates confidently" and cannot access confidential industry submissions needed for reviewing drug safety and efficacy data.
• The AI tool's failures reflect a broader industry pattern where large language models generate false information at higher rates despite technological advances.

• T-Mobile launched T-Satellite today, a $10 monthly Starlink-based texting service that works in wireless dead zones across America.
• Unlike other satellite services, T-Satellite connects automatically without pointing your phone at specific satellites or needing special hardware.
• The service supports MMS on Android phones and allows anyone to sign up, even customers using other carriers.

Other news & articles you might like

• China plans network to sell surplus computing power in crackdown on data centre glut LINK

• Google’s CEO says ‘AI is positively impacting every part of the business’ LINK

• Google’s new AI feature lets you virtually try on clothes LINK

• Future iPhones and Android phones are getting a big wireless charging upgrade LINK

• AI video is invading YouTube Shorts and Google Photos starting today LINK

• Trump briefly considered breaking up Nvidia to spur competition, then backed off LINK

• Sony looking to divest cellular chipset division LINK

• AMD CEO Lisa Su says US-made TSMC chips cost up to 20% more; but they're worth it LINK

• Walmart bets on AI super agents to boost e-commerce growth LINK

• $1 billion of NVIDIA AI chips were reportedly sold in China despite US bans LINK

• How do hackers get passwords? Sometimes, they just ask. LINK

• Like Wikipedia, Mastodon now shows a top banner urging you to donate to keep it alive LINK

• Instagram blocks 135K accounts for preying on kids, adds safety features LINK

• GitHub Spark brings full‑stack app building to plain English LINK

• Yet another automaker reaffirms no plans to support Apple’s CarPlay Ultra LINK

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