President Donald Trump seems like the big loser in the U.S.’s unprovoked war against Iran and will have to agree to a deal that shows Tehran is clearly the victor.
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ISRAEL’S ENERGY MINISTER: TEL AVIV WILL ACT ALONE IF U.S. SIGNS NEW DEAL WITH IRAN
Eli Cohen, the Israeli energy minister, said in an interview last week that regardless of whether Washington ends up signing a deal with Iran, Tel Aviv is prepared to act alone to ensure the “security of the State of Israel.”
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CUT AND RUN? TRUMP REPORTEDLY PREPARING TO DECLARE VICTORY IN IRAN IF HORMUZ IS OPENED
President Donald Trump is reportedly planning to declare victory in the war with Iran if Tehran agrees to reopen the Strait of Hormuz, with sources telling The Wall Street Journal that the White House would not even seek an immediate nuclear deal with the country.
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AI WILL BENEFIT EMERGING NATIONS’ WORKERS, WORLD BANK SAYS
Workers in poor countries will benefit from AI, not be replaced by it, according to a World Bank forecast.
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EUROPE’S TECH CONSULTANTS ARE GETTING RICH ON AI
Major European tech and business service firms have learned the lesson of California’s 1849 gold rush: the people who got consistently rich were the ones selling beans and pickaxes to prospectors.
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WORKERS SAY U.S. GOVERNMENT SHOULD SUPPORT WORLDWIDE EFFORT TO GOVERN AI
At least 1,224 workers at frontier AI labs have issued an open letter urging the U.S. government to take part in a global effort to create technical and governance tools for AI that can evolve along with the technology.
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JPMORGAN CEO LEADS NATIONAL EFFORT TO CONFRONT AI RISKS
Jamie Dimon, executive chair of JPMorgan Chase, the richest U.S. bank, is personally asking corporate executives to join an initiative that will address risks posed by AI’s rapid and largely unregulated advance.
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ANTHROPIC, OPENAI AGENTS INVOLVED IN NEW SECURITY BREACHES
AI agents being tested by Anthropic and OpenAI were recently involved in new kinds of security breaches, according to the British government’s AI Security Institute (AISI).
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MARKET OVERVIEW
The three major U.S. stock indexes rallied Thursday and Friday to overcome Wednesday’s rout that sent the Dow Jones Industrial Average down more than 1,000 points to mark its worst day in 15 months.