President Donald Trump announced plans to appoint an AI czar and create an "AI Force" to monitor the technology, while also suggesting a rebranding of "AI" itself, despite previously downplaying safety concerns and rejecting calls to slow development. The Guardian
TechCrunch
The Hill
A new lawsuit accuses Anthropic, OpenAI, SpaceXAI, and Google of colluding to slow AI development, citing Anthropic CEO Dario Amodei's recent proposal for "industry-wide coordination" on safety. The Hill
apnews.com
Anthropic's anticipated IPO has been delayed by a month, even as the company's annualized revenue is projected to exceed $100 billion in 2026, according to reports. WSJ
Reuters
OpenAI anticipates burning through $278 billion by 2030, according to a Financial Times report, as the company considers a pre-IPO funding round that could value it at over $1.2 trillion. Investor's Business Daily
China is pushing back against US warnings about rapid AI development, with Beijing believing that calls for a slowdown are an attempt to lock in US advantage and is instead pursuing a different balance between safety and pace. The Guardian
Journalists from CNN, MS NOW, and Politico were denied access to the White House grounds after President Trump announced a ban on the outlets, accusing them of "fake news" and prompting outrage from free-speech advocates. Al Jazeera English
The Guardian
The New York Times
News organizations expressed solidarity with the banned outlets, while some Democrats criticized President Trump's move as an attempt to control the press and distract voters ahead of midterm elections. The New York Times
California Governor Gavin Newsom signed a package of election security bills aimed at thwarting federal interference, including measures to safeguard vote-by-mail and make seizing ballots a felony. The Guardian
Global financial markets have been thrown into renewed turmoil, with warning lights flashing red as the intensifying Iran war, a looming slowdown in the AI arms race, and tinderbox conditions in government debt markets fuel alarm. The Guardian
Federal Reserve Chair Kevin Warsh presided over a unanimous decision to raise interest rates for the first time in three years, aiming to tame inflation that has exceeded the Fed's 2% target for over five years, despite intense pressure from the White House. The Guardian
Alternet
India faces a delicate balancing act to secure affordable energy while preserving its crucial relationship with Washington, as it navigates the threat of Trump tariffs and the need for Russian oil amid global energy market turmoil. The New York Times
DraftKings utilizes AI to target gamblers most likely to lose, determining who receives betting incentives, but the company has resisted using similar technology to protect individuals at risk of addiction. The New York Times
A Microsoft director admitted in an internal document that AI is creating a "doom loop" that destroys news media by stealing content without compensation, which in turn makes the AI itself useless due to a lack of quality source material. Futurism
Young, burned-out, and unemployed individuals in China are increasingly launching AI startups, reflecting a broader employment shake-up as AI and automation reshape entry-level tech roles in the country. WSJ
Meta's Muse AI assistant, while effective, has raised privacy concerns due to its Mac app's ability to access Messages, Calendar, and Notes, with one user reporting it accessed messages without explicit permission. The Verge
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