OpenAI investors have approached the company about a new funding round
OpenAI is gearing up for what is widely expected to be a blockbuster IPO next year, after it confidentially filed…
Economy
World’s top-performing sovereign wealth fund warns of looming pullback in U.S. stock market
New Zealand's $54 billion pension fund returned 14.2% in the year to June. ...
Trump goes scorched earth on AI warnings, raging about data center opposition and regulation
The Trump administration has encouraged AI's rapid growth and the development of data centers as it seeks an insurmountable tech…
Weapon shortfalls, ‘hundreds’ of buildings and aircraft damaged, $33.4 billion spent: the U.S. government tallies costs of the Iran war
The department revealed that the Iran war had cost an estimated $33.4 billion as of June 29. ...
10-year Treasury yield rises to highest since 2007 as Fed rate-hike expectations rise
The sell-off in U.S. government debt is deepening as investors increasingly price in an interest rate hike this week. ...
Vessel struck in Strait of Hormuz, UKMTO says, as prospects for U.S.-Iran diplomacy appear elusive
The latest strike happened ahead of an expected meeting between Iranian and Gulf officials in Oman to sign an agreement…
Anthropic’s Amodei says China presents ‘toughest dilemma’ for his proposed AI slowdown
OpenAI CEO Sam Altman, Demis Hassabis, the chair of Google DeepMind, and Elon Musk have all welcomed Amodei's proposal. ...
Washington scrambles to meet calls for AI guardrails while the window to act closes
The House is scheduled to be sent home in the coming days until after November's midterm elections, leaving a narrow…
Saudi Arabia shut down East-West crude oil pipeline after multiple attacks by drones from Iraq
Iran-allied Houthi militants in Yemen have escalated strikes on Saudi Arabia this week. ...