Anthropic Could Raise $50B at Valuation of Up to $900B
Anthropic receives multiple preemptive offers to raise around $50 billion at an $850B-$900B valuation, potentially surpassing OpenAI’s $852B record.
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Apple Plans Major AI Photo Editing Overhaul for iOS 27 with New Siri Camera Mode
According to Bloomberg’s Mark Gurman, Apple plans to introduce three new AI-powered editing features to the Photos app in iOS 27, along with a new ‘Siri Mode’ in the Camera app, significantly upgrading its visual AI capabilities.
Powell to Remain on Fed Board After Chair Term Ends, Denying Trump a Vacancy
Federal Reserve Chair Jerome Powell announced he will continue to serve as a Fed governor after his chair term expires in May, thwarting President Trump’s plan to appoint a new board member and triggering a new institutional showdown in Washington.
Hegseth Testifies Before Congress for First Time Since Iran War Began
US Defense Secretary Pete Hegseth and Joint Chiefs Chair Dan Caine testify under oath for the first time since the Iran war began, defending the 2027 Pentagon budget before Congress.
Mayo Clinic AI Detects Pancreatic Cancer Up to 3 Years Before Diagnosis in Landmark Study
Mayo Clinic publishes a landmark validation study showing its AI model can detect early tissue changes of pancreatic cancer in routine CT scans, identifying the disease years before traditional diagnosis.
Oil Surges Past $117 as Trump Aides Told to Prepare for Extended Iran Blockade
International oil prices surge over 5% to $117 per barrel following reports that Trump has instructed aides to prepare for an extended Iranian blockade of the Strait of Hormuz.
SpaceX Falcon Heavy Successfully Launches ViaSat-3 F3, First Heavy Mission in 18 Months
SpaceX’s Falcon Heavy rocket successfully launches the ViaSat-3 F3 communications satellite from Kennedy Space Center, marking the heavy-lift vehicle’s first flight in 18 months.
Supreme Court Rules Louisiana Congressional Map Unconstitutional, Weakens Voting Rights Act
The US Supreme Court rules that Louisiana’s congressional district map constitutes an unconstitutional racial gerrymander, striking down a majority-Black district in a major blow to the Voting Rights Act.
USS Gerald R. Ford to Depart Middle East as Iran War Costs Reach $25 Billion
The U.S. Navy announced that the world’s largest nuclear-powered aircraft carrier, USS Gerald R. Ford, will return to Norfolk, Virginia in the coming days after a record-breaking deployment to the Middle East. The estimated cost of the Iran conflict has now reached $25 billion.
'Numbskull, Moron and Too Stupid': Trump and Powell's Biggest Clashes
As Fed Chair Jerome Powell prepares to step down and Trump’s nominee Kevin Warsh takes over, a look back at the most fractious public clashes between two of America’s most important economic figures — from ’numbskull’ to ’too stupid’ personal attacks.