DC politicians want to enact harmful credit card mandates that could take away your cash back and rewards points.

Perks that stretch your budget and make life a little easier.

Losing these benefits means less money for your family's everyday essentials like gas and groceries.

The perks you rely on could disappear, leaving you with higher costs and fewer

options. Tell Congress to guard your card and oppose the Durbin Marshall credit card mandates.

Paid for by Electronic Payments Coalition. Here's your morning T&B Tech Minute for Wednesday,

November 19th. I'm Zoe Colkin for the Wall Street Journal.

We are exclusively reporting Elon Musk's AI company, XAI, is in advanced talks to raise

$15 billion in new equity at a $230 billion valuation, a significant increase from the $113 billion

it disclosed after acquiring X in March.

That's according to people familiar with the matter.

The terms of the new fundraising were disclosed to investors by Musk's wealth manager,

though it's not clear whether the expected new valuation reflected its worth before or after the new investment is received.

The wealth manager and a spokeswoman

for XAI didn't immediately respond to a request for comment. Former Harvard University President

Larry Summers has resigned from OpenAI's board after receiving criticism for previously undisclosed

correspondence between him and sex offender Jeffrey Epstein. In a statement,

the Open AI board said they respect Summers' decision to resign. Summers said in a statement

that he is, quote, grateful for the opportunity to have served, excited about the potential of the

company, and look forward to following their progress. Earlier this week, Summer said he was stepping

away from public commitments and taking full responsibility for his decision to communicate with

Mr. Epstein. He also said he would fulfill his teaching obligations as a Harvard professor.

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