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Sam Altman tells staff at an all-hands that OpenAI is negotiating a deal with the Pentagon, after Trump orders the end of Anthropic contracts
The negotiations come as rival Anthropic is locked in a more contentious standoff with U.S. defense officials.
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Collapse of UK property lender sends shockwaves through Wall Street
Lenders weigh losses linked to Market Financial Solutions, which financed a Bangladeshi politician’s real estate empire
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The battle over WBD left three big winners on Wall Street—while the thousands who lost out will remain behind the scenes
In the eyes of investors, Netflix, Paramount, and WBD all won this Hollywood bidding war.
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Emil Michael, the Silicon Valley exec turned Trump official leading the war against Anthropic, has deep ties to the tech world
Michael, the Undersecretary of War, cut his teeth at Uber and has vowed not to bend to ‘woke’ AI.
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Trump orders U.S. government to stop using Anthropic but gives Pentagon six months to phase it out while Hegseth adds supply-chain risk designation
Trump added that if Anthropic doesn’t obey, he will use “the Full Power of the Presidency to make them comply.”