Trump administration’s AI executive order shifts to voluntary model sharing with government

The Trump administration has drafted an executive order that would create a voluntary framework for AI companies to share their most advanced models with federal agencies before public release. Under the draft, companies developing frontier AI models would be expected to notify government agencies, including the Office of the National Cyber Director and the Cybersecurity…

NCLT Holds Loan Carries Time Value of Money, Admits Insolvency Plea against Online Gaming Firm Over ₹2.81cr Loan Default [Read Order]

In a recent ruling, the National Company Law Tribunal, Kolkata Bench, has held that the loan advanced to online gaming firm Omnibay Private Limited carried the “time value of money,” thereby qualifying as a financial debt under Section 7 of the Insolvency and Bankruptcy Code, 2016. The corporate debtor, Omnibay, engaged in digital gaming and entertainment, had sought funds…

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