[5/5 11:00] Trump considering federal AI model oversight / Microsoft Agent 365 and Google AI Control Center launch

AI News Flash for May 05, 2026 at 11:00 UTC. Topics: 1. Trump considering federal AI model oversight https://fortune.com/2026/05/05/trump-review-ai-models-musk-settlement-twitter-sec-palantir-revenue-growth/ 2. Microsoft Agent 365 and Google AI Control Center launch https://www.computerworld.com/article/4167054/microsoft-google-push-ai-agent-governance-into-enterprise-it-mainstream.html 3. U.S. 401k retirement plans propping up AI bubble https://www.promarket.org/2026/05/05/your-401k-is-propping-up-the-ai-bubble/ 4. IBM Sovereign Core unveiled, end-to-end sovereign AI infrastructure https://www.ibm.com/new/announcements/ibm-sovereign-core-the-new-end-to-end-system-for-sovereign-ai