US Loses at Least Six Aircraft in Iran War Since Friday

OpenAI Lures Private-Equity Firms With 17.5% Guaranteed Returns As AI Rivals Race For Enterprise Deals OpenAI, the maker of ChatGPT, is offering private-equity firms a more generous financial package than rival Anthropic as the two artificial-intelligence companies court buyout shops to create joint ventures aimed at raising fresh capital and accelerating the rollout of enterprise AI products. To lure PE firms, OpenAI is promising investors a guaranteed minimum return of 17.5%, a figure significantly above what is typical for preferred equity instruments, according to people familiar with the discussions who spoke...

Democrats Flip Trump's Mar-a-Lago District In Florida Special Election Upset Democrats flipped a reliably red Florida state House seat that includes President Donald Trump’s Mar-a-Lago estate on Tuesday, scoring a narrow but symbolically significant victory in a special election that drew national attention. Democrat Emily Gregory defeated Trump-endorsed Republican Jon Maples in House District 87 by just over 2 percentage points, according to unofficial results. The win marks an approximately 11-point swing toward Democrats compared to the 2024 performance in the Palm Beach County district. Gregory, a first-time candidate who runs a...

It Begins: Iranian Drone Strikes Bahrain Desalination Plant As Worst-Case Scenario Unfolds Update (Sunday):  From data centers in the Gulf area to water desalination plants, the worst-case scenario is now unfolding in the Middle East conflict, with no boundaries regarding civilian infrastructure. We warned earlier last week, after correctly predicting that data centers would be targeted, that water desalination plants would be next (see the previous update).  Al Jazeera reports that after Iranian Foreign Minister Seyed Abbas Araghchi claimed the US targeted a water desalination plant in Iran, an IRGC kamikaze drone then...