Chinese Supertanker Sails Out Of Hormuz In Rare Exit

Viral Sensation Ox Alpha Model Revealed As GLM-5.3-Flash, Running Entirely On Chinese Chips China’s Z.AI (Zhipu) confirmed it’s responsible for the viral - and mysterious - Ox Alpha AI model that swept to the top of online usage charts this weekend, pushing its shares up as much as 12% on Thursday. The Beijing-based company said it intends to price use of the model, now called GLM-5.3-Flash, at $0.15 per million input tokens and $0.50 per million output tokens, or units of artificial intelligence work. That puts it alongside DeepSeek in the...

JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes For several quarters, we have described the Trump administration's massive push to reshape the military-industrial complex, from DOGE-driven efforts inside the Department of War to reset the procurement process, to a broader pivot toward fast-moving "war unicorns," like Anduril, rather than bloated legacy defense primes. The urgency of that transition is now capturing Wall Street's attention. JPMorgan analysts frame it as a major inflection point: America's defense industrial base must shift away from slow-moving, costly production...

AI Pledge Allegiance To The Flag By Bas van Geffen, senior macro strategist at Rabobank As Bloomberg recounts that “the ceasefire is set to expire today,” there is little left of that truce to begin with. Negotiations have broken down. And over the weekend, Israel conducted new strikes in Lebanon, a bulk carrier that tried to leave the Strait of Hormuz was hit by a projectile, and Yemen’s port suspended operations after Houthi missile attacks. Both sides are evaluating their options in the current stalemate. Iran’s hardline leadership is reportedly planning to...