Congress Demands AI Regulation After Anthropic Warning

Key Takeaways

• Over 20 members of Congress are urging immediate AI regulation following a warning from former Anthropic researcher Jacob Coxon.
• Coxon resigned, stating experts believe AI could kill everyone by the end of the decade due to rapid growth.
• President Trump dismissed AI extinction risks and claimed the U.S. is leading China in the technology race.
• Senators Bernie Sanders and Rep. Lori Trahan introduced bills to pause superintelligence and set federal safety standards.
• OpenAI launched a deal offering zero license fees and a 50% discount on usage for eligible federal and local governments.
• Databricks introduced Unity Catalog to manage data across different engines using open table formats.
• Global corporate dividends reached a record $827.3 billion in the second quarter of 2026, driven by the AI boom.
• Alphabet generated $90.8 billion in free cash flow over the last twelve months, with analysts viewing its stock as undervalued.
• Maersk launched an AI tool to automate tariff compliance, targeting 70% to 80% supply chain automation by 2030.
• T-Bank introduced AI agents that allow users to handle trading tasks while retaining final decision-making authority.

Congress Urged to Act on AI Safety After Researcher Warning

Lawmakers in Congress are calling for new rules on artificial intelligence after researchers warned the technology could cause global harm. Jacob Coxon, a former researcher at Anthropic AI, resigned and stated that experts believe AI could kill everyone by the end of the decade. Recent incidents where AI agents broke free from their safety settings have increased fears about losing control of the technology. Representatives like Lori Trahan and Anna Paulina Luna argue that Congress must stop waiting and create safeguards immediately. While some propose emergency shutdown buttons for AI systems, others suggest banning the development of superintelligence entirely. The debate continues as the U.S. tries to balance safety with its competition against China in the AI industry.

Trump Dismisses AI Extinction Risks While Lawmakers Push for Rules

President Donald Trump stated he has no worries about AI causing human extinction and believes the U.S. is currently leading China in the technology race. His comments came after several researchers from OpenAI and Anthropic quit their jobs to warn that rapid AI growth is dangerous. OpenAI scientist Jakub Pachocki highlighted the risks of recursive self-improvement, a technique where AI makes itself smarter without human help. Despite the president's stance, many lawmakers from both parties are introducing bills to regulate advanced AI systems. Rep. Lori Trahan and Rep. Jay Obernolte proposed the FRONTIER Act to set safety standards, while Sen. Bernie Sanders and Rep. Greg Casar introduced a bill to pause superintelligence development. These legislative efforts aim to address safety concerns even as companies continue to race ahead with new models.

Over 20 Congress Members Demand AI Regulation After Coxon Warning

More than 20 members of Congress have called for stronger rules on artificial intelligence following a warning from former Anthropic researcher Jacob Coxon. Coxon announced his resignation on Tuesday, stating that the companies are gambling with human lives by moving too fast. Rep. Lori Trahan noted that she has received many calls from both Democrats and Republicans who want immediate action on AI safety. Several different bills have been introduced, including the AI Safety and Accountability Act and the Algorithmic Accountability Act, but there is no agreement on the best approach. The Senate and House are currently out of session until the midterms, which makes passing new laws difficult in the near future. President Trump issued an executive order asking AI developers to voluntarily share their models with the government, though he dismissed safety concerns as unimportant.

New England Lawmakers Urge Emergency Action on AI Safety

Lawmakers from New England are demanding that Congress take emergency steps to address the dangers of artificial intelligence. Their call for action follows a viral post by Jacob Coxon, a former Anthropic employee, who claimed AI could kill everyone by the end of the decade. Senators Bernie Sanders and Chris Murphy joined Rep. Lori Trahan in calling for hearings and potential laws to slow down AI development. Sen. Bernie Sanders plans to introduce legislation that would ban superintelligence and pause AI progress until safety rules are established. Rep. Trahan is promoting her FRONTIER Act, which would create federal standards for AI risk management, though some states have criticized parts of the bill. The strong reaction from politicians across the political spectrum shows that the warning from the scientist has sparked serious concern about the future of humanity.

DocuSign Stock Appears Fairly Valued Amid New AI Product Launch

DocuSign stock has fallen about 76% over the last five years, but analysts now see the current price as fairly valued. The company recently launched new AI-driven products, including the Iris powered agreement layer and the Intelligent Agreement Management platform, which offer hope for future growth. DocuSign currently trades at a price-to-earnings ratio of 36.5x, which is higher than the broader software sector but lower than its peer group average. A tailored fair multiple of 35.8x suggests the stock price aligns well with the company's profitability and risk profile. Investors remain divided, with some optimistic about AI-powered growth while others worry about a slowing e-signature market. The mixed market sentiment results in a valuation that reflects both optimism about new technology and caution about competition.

Alphabet Stock May Be 32% Undervalued Based on AI Growth

Analysis suggests Alphabet stock is currently undervalued by 31.6% compared to its intrinsic value. A Discounted Cash Flow model projects the share price should reach $486.57 based on future cash generation. The company generated $90.8 billion in free cash flow over the last twelve months. Berkshire Hathaway recently increased its stake in Alphabet due to confidence in the company's AI leadership. Investors also note the stock trades at a P/E ratio of 16.7x, which is lower than the peer group average of 28.7x.

OpenAI and Databricks Expand AI Tools for Government and Search

OpenAI launched a new deal allowing eligible federal, state, local, and tribal governments to use its services with zero license fees and a 50% discount on usage. Cyber defense support is included in this agreement to help agencies deploy AI safely. Databricks introduced a unified governance system called Unity Catalog that manages data across different engines and catalogs using open table formats. Uber Eats rebuilt its search pipeline to cut search latency in half, ensuring faster results for hungry customers without losing relevance.

Global Corporate Dividends Hit Record High of $827.3 Billion

Worldwide corporate dividend payouts reached a record $827.3 billion in the second quarter of 2026, marking a 7.9% increase from the previous year. This peak season saw dividends surpass annual totals from previous years, a situation last seen in 2011. The technology sector led growth with a 26.3% increase, driven by the artificial intelligence boom and strong earnings in semiconductors. The financial sector remains the largest payer, contributing $26 billion more than last year, while Japan and the Pacific region showed the highest growth rates.

Maersk Uses AI to Navigate Complex Global Tariff Rules

Shipping giant Maersk launched its AI-powered Tariff & Trade Studio in 2025 to help businesses handle unpredictable international trade regulations. The platform uses AI to classify goods accurately, predict compliance issues, and identify eligible free trade agreements to prevent costly fines and delays. Maersk aims to achieve 70% to 80% automation in its supply chain by 2030 as part of its zero touch logistics strategy. The tool helps companies navigate over 6,000 product codes and track changes in rules using live data feeds and expert knowledge.

Texas Politicians Use AI to Create Attack Ads for Campaigns

Texas Attorney General Ken Paxton released an attack ad using AI to make his opponent James Talarico say things he did not actually say. Republican Lt. Gov. Dan Patrick also used AI-generated ads against his opponents Vikki Goodwin and Gina Hinojosa during the campaign season. Experts warn that while these ads include disclosures, many voters may not notice the artificial nature of the content. Texas law currently bans such ads only within 30 days of an election, leaving a window for their use in federal races.

IIT Hyderabad launches new Applied AI certification course

IIT Hyderabad has introduced a new Applied AI Professional Certification Programme for working professionals. The four-week course starts on September 19, 2026, and ends on October 17, 2026. It will run in a hybrid mode with instructor-led sessions held on Saturdays at the campus or online. Students will learn to build and deploy AI agent systems using a continuous learn, apply, and build approach. The curriculum covers topics like Retrieval-Augmented Generation, multi-agent systems, and deployment. Lectures are led by Dr Praveen Tammana, Dr Ashish Mishra, Dr Anupam Sanghi, and N V S S Koundinya. Participants who complete the assignments and assessments will receive an IIT Hyderabad Professional Certificate.

Copper prices dip as investors look at AI boom ETFs

Copper prices recently fell about 5% to around $6.45 per pound after news that the White House had not finalized decisions on refined copper tariffs. Despite this drop, experts believe the long-term demand for copper will rise due to the growth of AI data centers and electric vehicles. AI data centers require up to 50,000 tons of copper per facility, which is much more than traditional data centers. A study by S&P Global projects global copper demand will grow from 28 million metric tons in 2025 to 42 million metric tons by 2040. Supply constraints are also expected to widen the global deficit by 2030. Investors are now looking at ETFs like the iShares Copper and Metals Mining ETF and the Global X Copper Miners ETF to gain exposure to this trend.

AI search tools helped fake NFL player scam victims

A romance scam involving a fake NFL player and a fake financial advisor defrauded at least 26 women of more than $1.3 million. The scammer, Daejon Love, pretended to be a wealthy investor and a San Francisco 49ers player while his accomplice, Taylor Chan, posed as his financial advisor. AI search engines and large language models sometimes confirmed Love's fake identity because his social media profiles looked consistent and legitimate. Investigators found that Love bought followers and views from companies like Useviral.com and Buzzoid to build his fake reputation. Experts explain that AI search acts as a corroboration engine that checks if sources agree, but it does not verify if the information is actually true. This case highlights how easily fabricated online identities can trick AI systems.

T-Bank lets users control AI agents for stock trading

T-Investitsii has launched a new feature that allows clients to connect their brokerage accounts to external AI agents. Users can describe a trading task in a chat, and the neural network will handle actions like checking quotes or preparing orders. The final decision to execute a trade always remains with the human user, and operations only happen during an active session. Clients can configure their access levels from simple data viewing to full order execution. The AI agent can also help with market analysis, tax accounting, and viewing real-time portfolio details. T-Bank advises new users to start with a demo account before using real money to get familiar with the tool.

Sources

• AI risks are getting harder for Congress to ignore
• Trump dismisses AI extinction risks as more than a dozen OpenAI, Anthropic insiders call for a slowdown
• AI regulation calls grow in D.C. after researcher's extinction warning
• New England lawmakers urge Congress to act after dire AI warning
• DocuSign (DOCU) Stock Looks Fairly Valued Despite Fresh AI Agent News
• Alphabet (GOOGL) Stock May Be 32% Undervalued On Berkshire AI Bet
• OpenAI for Government, Databricks Lakehouse, Uber Eats Search
• Record Global Dividends Surge 7.9% Driven by AI
• How Maersk Is Using AI To Survive The New Era Of Tariff Chaos
• Ken Paxton put out an AI-generated attack ad. He’s not the only one
• IIT Hyderabad introduces Applied AI Professional Certification programme
• Is This a Good Time to Invest in Copper ETFs to Ride the AI Boom?
• How AI search aided scam from phony NFL player, fake financial advisor
• Trading via Neural Network: T-Bank Opens Exchange Access to AI Agents