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OpenAI Rewrites 'Sloppy' Pentagon AI Deal After Backlash Over Surveillance Risks
OpenAI Rewrites 'Sloppy' Pentagon AI Deal After Backlash Over Surveillance Risks
OpenAI - which millions of users trust with everything from legal documents to tax returns - is revising its newly signed contract with the US Department of War, just days after it was announced that they would replace Anthropic for use in government systems because the rushed rollout "looked opportunistic and sloppy."
Hours after negotiations collapsed between the Pentagon and rival startup Anthropic on Friday, the San Francisco-based company agreed to supply its AI models for use in classified military operations. The...
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Israeli Strike in Southern Gaza Kills 12-Year-Old, Wounds Other Children
An Israeli strike on the al-Mawasi tent camp in southern Gaza on Wednesday killed at least one child and a man as the IDF continues its constant violations of the US-backed ceasefire deal. The child who was killed has been identified as Ahmed Mohsen al-Raqab, who was just 12 years old. According to the Quds […]
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Standard Nuclear Slashes IPO Size As Nuclear Comps Collapse
Standard Nuclear Slashes IPO Size As Nuclear Comps Collapse
Standard Nuclear reset its IPO terms sharply lower as recent nuclear peers have watched their stock price crater after debuting on the public market.
The TRISO fuel manufacturing company originally targeted 18.25 million shares at $18-$21, for up to $383 million in proceeds and an implied valuation as high as $3.55 billion. It has now filed to sell 10 million shares at $15, raising $150 million with a fully diluted market value around $2.4-2.7 billion.
The adjustment reflects cooling sentiment toward newer nuclear...
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