Trump Orders Federal Purge of Anthropic Software Amid AI Dispute
President Trump has ordered a complete removal of Anthropic's software from federal systems, escalating tensions over the company's AI safeguards.
Category Tech Business
Paramount’s Bid for Warner Bros. Discovery: A Strategic Merger in Media
With Netflix exiting the bidding for Warner Bros. Discovery, Paramount is poised to merge with the struggling media giant, pending regulatory approval.
Morgan Stanley Seeks Bank Charter for Crypto Custody Services
Morgan Stanley has filed for a national trust bank charter to expand its crypto services, allowing it to hold digital assets for clients.
Netflix Withdraws from Warner Bros. Discovery Acquisition Bidding War
Netflix has officially opted out of the bidding war for Warner Bros. Discovery, allowing Paramount Skydance to take the lead with a more favorable offer.
New York State Sues Valve Over Loot Box Gambling Allegations
The lawsuit claims Valve's loot boxes constitute unregulated gambling, raising significant legal and market implications.
Anthropic Challenges Pentagon’s Demands on AI Guardrails
Anthropic has resisted the Pentagon's request to remove safety measures from its AI technology, citing concerns over civilian and military safety.
Hyperscalers Set to Invest $710 Billion in AI Infrastructure in 2026
TrendForce reports that the world's leading cloud providers will significantly increase their capital expenditures to support AI development, surpassing Ireland's GDP.
Court Dismisses xAI’s Trade Secret Claims Against OpenAI
A federal judge has dismissed xAI's lawsuit against OpenAI, stating that the evidence presented did not substantiate claims of trade secret theft.
AMD Invests $250 Million in Nutanix for AI Infrastructure Development
AMD's strategic investment in Nutanix aims to enhance AI capabilities and expand market reach amid supply chain challenges.
Kalshi Enforces Insider Trading Policy, Bans Politician and YouTube Editor
Kalshi has banned a former California gubernatorial candidate and a YouTube editor for violations of its insider trading policy, highlighting the platform's commitment to regulatory compliance.
