(TechCrunch) California’s bill to prevent AI disasters, SB 1047, has faced significant opposition from many parties in Silicon Valley. Today, California lawmakers bent slightly to that pressure, adding in several amendments suggested by AI firm Anthropic and other opponents. Read more here.

(FT) Web publishers say developer is swarming their sites, collecting content to train models and ignoring orders to stop. Read more here.

(WSJ) Artificial intelligence was still the main source of profit growth for the S&P 500 this earnings season. But AI-driven firms are largely boosting each other’s profits. Read more here.

(WSJ) Nvidia, like Apple, shows that if you want to become a giant, you’ve got to be as good at software as you are at hardware. Read more here.

(Bloomberg) A new government in the UK, gridlock in France and the dramatic face-off in the US will have consequences for investment and the transition to clean fuels. Read more here.

(Guardian) The rise of artificial intelligence has sparked a panic about computers gaining power over humankind. But the real threat comes from falling for the hype. Read more here.

(WSJ) Instagram and Facebook are still running ads for illegal drugs, months after the WSJ revealed they were under federal investigation for the practice. Read more here.

(TechCrunch) The U.S. Commerce Department on Monday issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor such models for potential risks. Read more here.

(Washington Post) Meta reached a $1.4 billion settlement over claims the company improperly collected millions of users’ biometric data. Read more here.

(NYT) The presumptive Democratic nominee has won concessions from Big Tech leaders on A.I., but she hasn’t successfully pushed Congress to regulate. Read more here.