China Restricts Fentanyl Precursor Chemical Exports To North America After Trump-Xi Talks

$400 Billion Pharma Megadeal? Jefferies Calls Potential AstraZeneca-Bristol Myers Merger A "Head Scratcher" The Financial Times reported overnight that AstraZeneca has explored acquiring Bristol Myers Squibb in a potential megadeal that would create one of the world's largest drugmakers, with a combined market capitalization of nearly $400 billion. The report cited people familiar with the matter, while both pharmaceutical giants declined to comment. Some Wall Street desks, however, are struggling to see the strategic rationale behind such a combination. FT reported: The companies have held discussions about a tie-up in recent months, according...

OpenAI President Declares The "AGI Era" Has Officially Begun OpenAI President Greg Brockman said Thursday that he believes the company has reached artificial general intelligence, and that its latest model, GPT-6 Astra, marks the beginning of the so-called "AGI era," according to Axios. Greg Brockman Photographer: Jordan Vonderhaar/Bloomberg Speaking to reporters, Brockman called Astra a "generational leap" and said it could eventually be viewed as the moment AGI arrived. "I think it might be about this model," he said when asked whether Astra meets that definition. While there is no agreed-upon test for AGI,...