Nvidia Just Committed $500B to AI Infrastructure - Here's the Quiet Ripple Effect

The AI race isn't just about apps anymore - it's about infrastructure. NVIDIA's $500 billion announcement is a wake-up call: the real opportunity may lie in powering the future, not just coding it. One public company is already stepping in and has support from NVIDIA's inner circle.

Elon Musk's X sues to overturn Minnesota political deepfakes ban

STEVE KARNOWSKI
April 25, 2025

MINNEAPOLIS (AP) -- X Corp., the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates, saying it violates First Amendment speech protections.

The company's federal lawsuit filed this week also contends that the 2023 state law is preempted by a 1996 federal statute that shields social media from being held responsible for material posted on their platforms.

"While the law's reference to banning 'deep fakes' might sound benign, in reality it would criminalize innocuous, election-related speech, including humor, and make social-media platforms criminally liable for censoring such speech," the company said in a statement. "Instead of defending democracy, this law would erode it."

Minnesota's law imposes criminal penalties -- including jail time -- for disseminating a deepfake video, image or audio if a person knows it's fake, or acts with reckless disregard to its authenticity, either within 90 days before a party nominating convention, or after the start of early voting in a primary or general election.

It says the intent must be to injure a candidate or influence an election result. And it defines deepfakes as material so realistic that a reasonable person would believe it's real, and generated by artificial intelligence or other technical means.

"Elon Musk funneled hundreds of millions of dollars into the 2024 presidential election and tried to buy a Wisconsin Supreme Court seat," said the law's author, Democratic state Sen. Erin Maye Quade.

"Of course he is upset that Minnesota law prevents him from spreading deepfakes that meant to harm candidates and influence elections. Minnesota's law is clear and precise, while this lawsuit is petty, misguided and a waste of the Attorney General Office's time and resources," her statement said.

Democratic Minnesota Attorney General Keith Ellison's office, which is legally obligated to defend the constitutionality of state laws in court, said in a statement that it's "reviewing the lawsuit and will respond in the appropriate time and manner."

The Minnesota law was already the subject of a constitutional challenge by Christopher Kohls, a content creator, and GOP state Rep. Mary Franson, who likes to post AI-generated parodies of politicians. That case is on hold while they appeal to overturn a judge's denial of their request to suspend the law.

The attorney general's office argues in that case that deepfakes are a real and growing threat to free elections and democratic institutions, that the law is a legitimate and constitutional response to the problem, and that it contains important limitations on its scope that protect satire and parody.

X, formerly known as Twitter, said it's the only social media platform challenging the Minnesota law, and that it has also challenged other laws it considers infringements of free speech, such as a 2024 California political deepfakes law that a judge has blocked.

X said in its statement that its "Community Notes" feature allows users to flag content they consider problematic, and that it's been adopted by Facebook, YouTube and TikTok. The company's lawsuit said its "Authenticity Policy" and "Grok AI" tool provide additional safeguards.

Alan Rozenshtein, a University of Minnesota law professor and expert on technology law, said in an interview Friday that it's important to separate the free-speech issues from whatever one thinks about the controversial Musk.

"I'm almost positive that this will be struck down," Rozenshtein said.

There's no exception under the First Amendment for false or misleading political speech, even lies, he said. And the potential for criminal penalties gives social media companies like X and Facebook "an incentive to take down anything that might be a deepfake. ... You're going to censor a massive amount to comply with this law."

Deepfakes aren't good, but it would be nice to get evidence that they're causing actual problems before imposing such limits on free speech, the professor said. And while it's easy to focus on the supply of misinformation, the large demand for it is the problem.

"People want to be fooled, and it's very bad for our democracy, but it's not something I think can be solved with a deepfakes ban," he said.

Continue Reading...

Popular

Equipment maker Caterpillar says tariffs may increase its Q2 costs by up to $350 million

Caterpillar said Wednesday it anticipates that tariffs may increase its second-quarter costs by up to $350 million as its first-quarter sales slipped on declining demand for its equipment.

On the attack: Trump's media response in Abrego Garcia story is notably vigorous

NEW YORK (AP) — Responding to coverage of , the Trump administration has called journalists “despicable,” questioned CNN's patriotism, scolded Fox News and even admitted to a mistake — in admitting to a mistake in the first place.

How Exec Order 14179 Could Change Social Security Forever - Ad

President Trump has a plan that could radically change how Social Security works. Just days after taking office, President Trump signed Executive Order 14179 - giving his team powers to reset how federal agencies work. It's critical you start preparing your money immediately.

Eric Trump Advocates For Crypto, Says Banks Need To Evolve Or Face Irrelevance

Eric Trump, a key figure in the Trump Organization, on Wednesday delivered a bold message to traditional banks: evolve or face irrelevance.

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Take It Down Act, addressing nonconsensual deepfakes and 'revenge porn,' passes. What is it?

Congress has overwhelmingly approved bipartisan legislation to enact stricter penalties for the distribution of non-consensual intimate imagery, sometimes called “revenge porn.” Known as the Take It Down Act, the bill is now headed to President Donald Trump’s desk for his signature.

You Can Take a Stake in Elon's xAI Before June 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Cramer's Warning: Tariff Chaos Could Derail Tech Earnings Frenzy This Week

Jim Cramer is preparing investors for another action-packed week on Wall Street, packed with earnings reports from major tech players and key economic updates.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

States sue over Trump blocking billions of dollars for electric vehicle charging

SACRAMENTO, Calif. (AP) — Seventeen states are suing President 's administration for withholding billions of dollars in funding for the buildout of electric vehicle chargers, according to a federal lawsuit announced Wednesday.

Asian shares rise in subdued holiday trading, as US futures jump

TOKYO (AP) — Asian shares advanced Thursday, with many markets in the region closed for Labor Day holidays, after U.S. stocks stormed back from steep early losses to a seventh straight day of gains.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Activists to rally worldwide on May Day, with US protests targeting Trump policies

CHICAGO (AP) — From worker rights rallies to marches for social justice, activists around the globe will kick off demonstrations on Thursday.

What Nvidia's $500B Move Could Mean for the Next Tier of Builders - Ad

With big tech locking in supply, smaller players are left waiting. But one public company is building an edge: partnering inside NVIDIA's ecosystem and delivering real compute to real customers.

Okta Stock Is Climbing After The Bell: Here's The News Bringing Buyers In

Okta shares are rising in extended trading Monday following an announcement that the company will be added to the S&P MidCap 400.

Donald Trump Set To Sign Landmark 'Take It Down Act' As Congress Targets Deepfake Images And Videos

President Donald Trump is expected to sign the bipartisan "Take It Down Act," making it a federal crime to publish nonconsensual deepfake pornography and requiring swift removal by online platforms.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

What's Going On With VeriSign Shares Friday?

VeriSign reported better-than-expected first-quarter earnings on Thursday after the market closed.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Jeff Sperbeck, former agent for John Elway, dies after injury at 62

LA QUINTA, Calif. (AP) — Jeff Sperbeck, a business partner and former agent for NFL Hall of Famer John Elway, died Wednesday after suffering an injury last weekend at a Southern California golf resort community. He was 62.

Elon Musk Reacts After Ray Dalio Warns Of US Decline, US Retailers Push Chinese Suppliers To Resume Shipments And More: This Week In Economics

The weekend saw major developments, including Elon Musk's response to Ray Dalio's warning about U.S. decline, U.S. retailers pushing for resumed Chinese shipments, Musk's mixed feelings about his first 100 days, and the Nasdaq's impressive recovery.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Alexandria Ocasio-Cortez Asks,'How Much Did Majorie Taylor Greene Make When She Bought The Dip?'

"Just how much did Marjorie Taylor Greene make when she bought the dip?" Alexandria Ocasio-Cortez asks in the caption of a YouTube video calling for a ban on Congressional trading.

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Take Investment Advice From Shaq — His Fortune Grew Thanks To Charles Barkley and Donuts

Former NBA player Shaquille O'Neal has seen a significant increase in his wealth, quadrupling his net worth through an investment strategy inspired by Amazon's CEO, Jeff Bezos.

Brazilian police probe a pension fraud scheme that stole $1 billion from retirees

SAO PAULO (AP) — 's federal police said Wednesday they are investigating a scheme that diverted over 6 billion reais ($1.05 billion) from pensions paid by the National Social Security Institute.

Nvidia Just Committed $500B to AI Infrastructure - Here's the Quiet Ripple Effect - Ad

The AI race isn't just about apps anymore - it's about infrastructure. NVIDIA's $500 billion announcement is a wake-up call: the real opportunity may lie in powering the future, not just coding it. One public company is already stepping in and has support from NVIDIA's inner circle.

Meta launches AI app, Zuckerberg chats with Microsoft CEO Satya Nadella at developer conference

MENLO PARK, Calif. (AP) — Working to differentiate itself in the crowded field of artificial intelligence, Meta Platforms has launched a standalone AI app — with a social media component — to compete with OpenAI's ChatGPT.

Alkane And Mandalay Combine In A $707 Million 'Merger Of Equals'

Alkane Resources and Mandalay Resources have announced an all-share merger valued at AU$1.01 billion, creating a global gold and antimony producer.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Lower Demand In China Disrupts Philips Q1 Sales, Cuts 2025 Profitability Target On Potential Tariff Impact

Philips topped Q1 profit estimates with €0.25 EPS, cut its 2025 margin outlook due to tariffs, and reported €1.09 billion cash outflow tied to U.S. settlements.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

VOO Vs SPY: $21 Billion April Surge Puts VOO Ahead In The S&P 500 ETF Showdown

SPY and VOO have distinct differences in flows, cost, liquidity, structure and efficiency, with VOO gaining popularity and inflows.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service