OpenAI has reportedly discussed giving the US government a 5% stake as Washington weighs stricter oversight of AI and broader public participation in the sector's growth
The contest for data has only just begun. Those who govern it will shape the future
OpenAI's proposal comes as the Trump administration weighs measures to ensure Americans benefit from profits made by AI companies while increasing scrutiny of advanced models
Crown Prince Mohammed bin Salman pressed President Trump earlier to cripple Iran. But as Iran asserted its power, the prince urged a cease-fire, and is now pursuing his security priorities
President Donald Trump took in nearly USD 1.2 billion dollars from his crypto businesses last year, a federal filing released Monday shows. Mere startups when took the oath of office, the new ventures have now eclipsed in revenue much of his vast property portfolio that took decades to accumulate. Fueling their rise was a pair of billionaire investors and Trump's own move to quash a federal crackdown on the industry. Trump got more than USD 500 million from his World Liberty Financial business selling new crypto products, including "governance tokens," according to the required annual disclosure report. It also showed another crypto business, CIC Digital LLC, took in more than USD 600 million from sales of souvenir-type "meme" coins stamped with his face. Both the tokens and the coins have plunged in value since the sales. The rise of crypto relative to Trump's property is especially stunning given that traditional mainstay of his family business also grew rapidly, last year as it
The SAVE America Act became a flashpoint for Republican infighting last week when Trump said he would refuse to sign a bipartisan housing bill until the legislation passed Congress
President Donald Trump has announced that Republicans will hold their first-ever national convention ahead of the midterm elections, an unusual event aimed at boosting turnout in races that will decide whether the party maintains control of Congress. The convention will be held in Dallas on Sept. 9 and 10. Although both major parties traditionally hold blockbuster conventions during presidential campaigns, Trump has long floated the idea of a similar gathering this year to focus voters' attention on a sprawling collection of House and Senate races. If Democrats regain control of either chamber, they will be empowered to block Trump's agenda and launch investigations into his administration for the final two years of his term. Republicans have only slim majorities in Congress, and the party in power normally loses ground in the midterms. And without Trump on the ballot, Republican leaders worry that it could be hard to galvanize their voters. Trump hopes the convention would help .
US President Donald Trump and Vice President JD Vance say their interim deal to end the war with Iran will deliver a financial windfall to American farmers. But the Iranians deny it. And, in the absence of more details, sanctions experts are flummoxed over exactly how billions of dollars' worth of Iranian assets would make their way to the American heartland from the escrow accounts where they have been locked for years by US sanctions. A tentative agreement reached last week would reopen the Strait of Hormuz, through which a fifth of the world's oil and natural gas once passed, and allow Iran to start selling its oil freely again during a 60-day period when the two countries will continue negotiating key issues. The memorandum of understanding also promised to unfreeze Iranian assets. Trump's deal has come under fire for failing to address the reasons the president cited for going to war with Iran on February 28, including curbing Tehran's nuclear ambitions, its missile programme a
Trump said Anthropic had 'behaved very responsibly' after the Commerce Department's order requiring approval before foreign nationals could access its most advanced AI models
The interim agreement ended the US blockade of the Strait of Hormuz and launched a 60-day negotiation period to resolve disputes over Iran's nuclear programme and regional security issues
The iPhone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD
The stakes are high, with the government seeking assurances that the models cannot be used to harm the US, while Anthropic is pushing to restore access to its top-tier models
Republicans on Capitol Hill said Monday they need more information about the agreement between the United States and Iran announced by President Donald Trump, and some are expressing scepticism as they ask the White House for details. The agreement announced Sunday to end the war in Iran, set for a ceremonial signing Friday in Geneva, is centered around reopening the Strait of Hormuz and lifting the United States' naval blockade in the region, along with financial incentives for Iran if it meets certain benchmarks. But Senate Republicans and Democrats who returned to Washington on Monday said there were still many unanswered questions about the deal and they need thorough briefings before it is finalised. "I just don't know enough about it," Senate Majority Leader John Thune told reporters in the Capitol. "Even the people who follow this stuff closely up here don't know that much about it." Congressional leaders and intelligence committees generally receive higher-level intelligenc
A group of cybersecurity executives and experts is asking the Trump administration to lift its directive preventing the use of Anthropic's latest artificial intelligence models by foreign nationals, saying the move could help US adversaries more than it hurts them. Anthropic said Friday it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with the directive. The AI giant said it did not believe the steps taken by the government were warranted by the concern it flagged about a potential security issue. Anthropic has said it was limiting use of some its latest technology to select customers because of its ability to surpass human cybersecurity experts in finding and exploiting computer vulnerabilities. The San Francisco-based company has had discussions with the White House previously about the latest models' capabilities. In the letter Sunday, more than 100 cybersecurity experts and leaders from companies including Adobe and Nvidi
Trump said that ships, including several carrying oil, had started moving out of the Strait of Hormuz following his announcement of the completion of the Iran-US peace deal
Trump said he delivered the warning directly to French President Emmanuel Macron, demanding he remove the 3 per cent tax on US tech giants or face duties in the American market
The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance; access to all other Anthropic models will not be affected, Anthropic said
OpenAI also has been sued by individuals claiming a range of harms from the company's chatbot on children and adults alike, including accusations it has led to deaths by suicide
DOJ said it reviewed more than 2 million documents obtained from 80 sources in evaluating the deal's impact on various segments of the entertainment industry
The US government can continue collecting the 10% worldwide tariff it imposed in February while legal challenges to the levies continue to work their way through the courts, a federal court ruled Thursday. The Court of Appeals for the Federal Circuit in Washington decision handed a procedural win to the Trump administration, concluding that its case was "likely to succeed on the merits.'' At issue are temporary 10% worldwide tariffs President Donald Trump imposed after the Supreme Court in February struck down even broader double-digit tariffs the president had imposed last year on almost every country on Earth. The new tariffs, invoked under Section 122 of the Trade Act of 1974, are set to expire July 24. Section 122, which had never been used to justify import taxes before, allows the president to impose worldwide tariffs of up to 15% for 150 days, after which congressional approval is needed to extend them. Section 122 is aimed at what it calls "fundamental international payment