
How the Clash Between Money and Safety Created a Monumental Crisis for AI
OpenAI and Anthropic, in heated competition—with each other and China—are racing toward IPOs, even as they admit they could lose control of their powerful bots.
Follow the latest financial and economic news, market updates, reports, and analysis on PipVero.

OpenAI and Anthropic, in heated competition—with each other and China—are racing toward IPOs, even as they admit they could lose control of their powerful bots.

Despite hotter-than-expected CPI and PPI, markets rallied as confidence in the Fed's inflation-fighting credibility grew, with investors anticipating a resilient economy. AI-driven growth is powering productivity and job creation, making tech and AI stocks like NVDA and MU relatively impervious to higher interest rates.

Japanese stocks were lower in early trade as uncertainty over the Iran war and the Fed policy outlook continues.

‘The Big Money Show' reacts to a former Anthropic researcher issuing a dire warning about the AI race as Big Tech pours billions into artificial intelligence and infrastructure. #foxbusiness #bigmoneyshow 0:03 - Warning of Uncontrolled AI 0:25 - The Silicon Valley AI Debate 1:26 - Skepticism Over AI Whistleblowers 3:00 - Fearmongering vs.

The Saudis closed the East-West pipeline after drones launched from Iraq damaged it. Riyadh has not disclosed how badly it is damaged or how long it will stay closed.

Nothing is now stopping Anthropic or OpenAI from ‘pacing the frontier' on their own.

The president closed out his weekend visit to Ireland by making the announcement at the Irish Open golf tournament.

The S&P 500 rallied despite a hot CPI and high odds of a Fed rate hike, suggesting resilient bullish sentiment. There was a capitulation action on Thursday, and Friday's move created a reversal pattern.

The Avelo Airlines CEO said that rising fuel costs have become the airline industry's latest challenge as oil prices surge on Middle East tensions.

The 10-year Treasury yield is sitting on the doorstep of 5%, and that's a warning sign for stocks.

Investors will be eagerly awaiting what Federal Reserve Chairman Kevin Warsh says.

Diesel prices hit a record $6.20 per gallon as the Iran war disrupts the Strait of Hormuz, threatening to raise costs across the U.S. supply chain.

Lawmakers are seeking to address calls for artificial intelligence guardrails after renewed warnings about the technology's risks. The leaders of top AI frontier companies Anthropic, OpenAI and xAI made stunning admissions in recent days that AI is advancing too fast.

The single most important pipeline in global oil trade is offline, and the clock on the world's fuel reserves is measured in days.

Record diesel prices are exposing a critical constraint in global energy markets as refinery disruptions abroad collide with limited capacity in the US. GasBuddy's Patrick De Haan is on Bloomberg This Weekend and says producing more crude alone won't solve the problem because refiners are already operating near their limits, leaving little room to boost gasoline and diesel supplies quickly.