Day: August 11, 2025
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- Mark Cuban says the US should not be paring down its research spending.
- Cuban said the work produced can be licensed to AI companies to enhance their models.
- He said this would offset research costs and keep the US ahead of China in AI.
“Shark Tank” star Mark Cuban says the US can beat China at AI if it continues “investing in research of all kinds as a country.”
“The IP we create domestically is what the frontier models can buy or invest in to define their differentiation and advance forward,” Cuban wrote on X in response to a post by David Sacks, the White House’s AI and crypto czar, on the state of the AI race.
When asked about his X post, Cuban told Business Insider that American research is “important, not just because of the outcome of the research itself, but its value to American frontier AI models” like ChatGPT and Gemini.
Cuban said that any unique intellectual property produced can be “licensed to the models, for a fee, to be included in their training.” This would not only offset research costs but also make the models more valuable, he added.
“The quality and depth of the research we do in this country can help us stay ahead of China and other countries in the AI race,” Cuban told Business Insider.
“We need our Ph.D.s, our scientists, our experts, to stay here and contribute to society, and their IP to make American AI models the global leaders,” he added.
Since taking office in January, President Donald Trump’s administration has been culling research grants for universities and research institutions like the National Institutes of Health (NIH).
Researchers and scientists told Business Insider’s Ayelet Sheffey in April that the cuts could stifle innovation and result in brain drain.
“It absolutely endangers the United States’ position as the global leader in medical research. And for that, we will pay,” Peter Lurie, a recipient of an NIH grant terminated in March, told Sheffey.
Staying ahead in the AI race has been a primary focus for the Trump administration, which unveiled its “AI Action Plan” last month. The 28-page plan calls for a light-touch approach to AI regulation compared to Trump’s predecessor, President Joe Biden.
In January, Chinese AI startup DeepSeek shocked the world with its high-performing but relatively cheap AI models. Trump said he viewed DeepSeek’s accomplishment “as a positive, as an asset” for America.
“The release of DeepSeek, AI from a Chinese company, should be a wake-up call for our industries that we need to be laser-focused on competing to win,” Trump told GOP lawmakers in January.
Search teams, including divers, have recovered two bodies from a lake in Kazakhstan where a military-operated helicopter crashed more than two weeks ago, the Ministry of Defense said Sunday.
“Currently, an identification procedure is being carried out with the participation of competent authorities,” the ministry said on Telegram. It said the search operation was being conducted “around the clock” and involved personnel and resources from multiple government ministries and agencies. Authorities have said three people were on the chopper.
Kazakhstan’s Ministry of Emergency Situations launched an intensive search and rescue operation after the EC145 helicopter was reported missing on July 25 in the area of Otar, a village west of Almaty. Satellite detection methods spotted oily water on Lake Sorbulak, about 40 kilometers northwest of Almaty, and searchers quickly found aircraft debris believed to belong to Kazakhstan’s Air Defense Forces.
Searchers have used echo sounders as well as aerial and underwater drones in the operation.
The Eurocopter EC145 is a twin-engine, light utility aircraft.
Koryo high pulled out of the popular competition after an outcry over reports that some of its members had bullied a junior player
One of Japan’s most popular sports tournaments is reeling after the sudden withdrawal of a team whose teenage players have been accused of abusing a younger teammate.
Koryo high school, which had been representing Hiroshima prefecture in the summer high school baseball championships, announced on Sunday it would no longer take part.
Treasurer Jim Chalmers has said he is working with states and territories ‘on the future of road-user charging’ for electric vehicles as fuel excise revenue decreases
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Electric car drivers could be hit with a road tax, with the federal MP Tanya Plibersek framing it a “sensible” move as more people switch to EVs.
Ahead of the federal government’s productivity roundtable next week, the idea of a road tax has been floated as an idea to ensure money is set aside for road upkeep.
