Anthropic takes latest AI models offline to comply with new export controls

WASHINGTON (AP) – AI giant Anthropic said Friday it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with a directive from the Trump administration to prevent their use by foreign nationals.

You can ignore AI giants like SpaceX, but your 401(k) won't

NEW YORK (AP) – While you might want to ignore all the hubbub around SpaceX, Elon Musk and IPOs, your 401(k) likely can’t. SpaceX is now worth $2.1 trillion after its stock launched 19.2% higher in its debut on Wall Street. Whether or not you believe it deserves to be worth more than Exxon Mobil, Bank of America and Coca-Cola combined, the collective market does.

What Elon Musk's trillion means in real terms

NEW YORK (AP) – Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world’s first trillionaire. That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or staggering debt ) of a handful of major economies.

Editorials from The Washington Post, The Wall Street Journal, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

OpenAI hit with multistate probe into possible user harm as its IPO looms

NEW YORK (AP) – OpenAI received a subpoena from several states as part of a probe into the safety of users of its chatbot as it prepares to offer stock to the public for the first time.

China opposes US move to list top firms as military companies

BEIJING (AP) – China said Saturday it firmly opposed the U.S. adding several prominent Chinese businesses to its list of military companies, and that the move ignored the consensus reached during U.S. President Donald Trump’s summit with Chinese leader Xi Jinping last month.

SpaceX soars 23% and makes Elon Musk the first trillionaire

NEW YORK (AP) – Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker’s CEO Elon Musk the first-ever trillionaire. The shares opened at $150 and kept rising, reaching $166.90 around 12:.20 p.m. ET. That price gave the company a market value of $2.18 trillion.

Paramount Skydance merger with Warner Bros. Discovery won't harm competition

An investigation by the U.S. Justice Department into Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has determined that the mammoth Hollywood media merger is not likely to harm competition in the industry or be harmful for consumers.

Iran's stranglehold on Strait of Hormuz loosens as Gulf Arab oil reaches market

DUBAI, United Arab Emirates (AP) – Iran ‘s stranglehold on the Strait of Hormuz may be easing – and its own oil problems now seem to be mounting. The crucial strait at the mouth of the Persian Gulf, through which a fifth of the world’s oil and natural gas supplies once passed, has been effectively shut by Iran’s attacks on shipping since the start of the war in February.