Author: GT

The Greek-flagged crude oil tanker “Asahi Princess” is made ready off the coast of the Syrian Baniyas port refinery, along the Mediterranean Sea on on April 15, 2026. Iraq has begun exporting crude using tanker trucks through Syria, its oil ministry said, as an official said oil revenue last month dropped more than 70 percent compared to February. Bakr Alkasem | AFP | Getty ImagesOil prices rose Friday as the Middle East conflict continues to stoke energy worries, with both the U.S. and Iran seizing ships as the Strait of Hormuz stays shut.International benchmark Brent crude pared gains to climb 0.63% to…

OpenAI is losing two of the architects of its most ambitious moonshots. Kevin Weil, who led the company’s science research initiative, and Bill Peebles, the researcher behind AI video tool Sora, both announced their departures on Friday. The exits come as OpenAI consolidates around enterprise AI and its forthcoming “superapp.” The departures follow OpenAI’s decision to cut back on “side quests,” including customer-facing bets like Sora and OpenAI for Science. Sora, which was losing an estimated $1 million per day in compute costs, was shut down last month. OpenAI for Science was the internal research group behind Prism, an AI-powered…

NEW YORK (AP) — New York is suing Coinbase and Gemini, two of the newest players in the prediction market industry, arguing that the companies’ unregulated and unlicensed platforms are illegal gambling operations.Attorney General Letitia James’ lawsuit, filed Tuesday in state court in Manhattan, seeks to bar the companies’ platforms from operating in the state unless and until they obtain licenses from the state Gaming Commission.“Gambling by another name is still gambling, and it is not exempt from regulation under our state laws and Constitution,” James said in a statement. “Gemini and Coinbase’s so-called prediction markets are just illegal gambling…

President Donald Trump on Tuesday told CNBC that “it’s possible” there will be a deal allowing Anthropic’s artificial intelligence models to be used within the Department of Defense.”They came to the White House a few days ago, and we had some very good talks with them, and I think they’re shaping up,” Trump said during an interview on CNBC’s “Squawk Box.” “They’re very smart, and I think they can be of great use.”Trump’s comments land after a high-profile clash between the Pentagon and Anthropic spilled into public view earlier this year. The DOD declared Anthropic a supply chain risk in…

At a trendy venue near the San Francisco pier, Sam Altman’s verification project World celebrated its next evolution and rapid expansion of its ambitions.  And it’s starting with Tinder. Tools for Humanity (TFH), the company behind the World project, announced Friday plans to integrate its verification tech into dating apps, event and concert ticketing systems, business organizations, email, and other arenas of public life. “The world is getting close to very powerful AI, and this is doing a lot of wonderful things,” said Altman, speaking before a packed crowd at The Midway. “We are also heading to a world now…

ORLANDO, Fla. (AP) — Florida’s attorney general on Tuesday opened a rare criminal investigation into OpenAI’s ChatGPT over whether the artificial intelligence app offered advice to a gunman who killed two people and wounded six others last year at Florida State University.Attorney General James Uthmeier said that prosecutors had done an initial review of chat logs between ChatGPT and the gunman, Phoenix Ikner, to determine if the AI app aided, abetted or advised the commission of a crime.Prosecutors believe the chatbot advised Ikner on what type of gun and ammunition to use, whether a gun would be useful at short…

Workers check solar panels installed on a lake in Tianchang, east China’s Anhui province on January 12, 2026.- | Afp | Getty ImagesChina has called for “concerted efforts” to ease its solar power industry’s severe overcapacity crisis, as part of Beijing’s campaign to end a fierce price war.The proposed measures include capacity control, standard guidance, price enforcement, mergers and acquisitions and intellectual property protection “to promote the high-quality development of the photovoltaic industry.”China’s solar manufacturing capacity far outstrips global demand, triggering a domestic price war in recent years.The country makes more than 80% of the world’s solar panel components, per…

Apple CEO Tim Cook laughs with President Donald Trump during a meeting in the White House, Washington, March 6, 2019.Leah Millis | ReutersPresident Donald Trump praised Tim Cook in a lengthy Truth Social post on Tuesday, calling the outgoing Apple CEO an “incredible guy” and boasting that Cook had appealed to him when he needed help. “For me it began with a phone call from Tim at the beginning of my First Term,” Trump wrote. “He had a fairly large problem that only I, as President, could fix.”Trump continued, “When I got the call I said, wow, it’s Tim Apple (Cook!)…

Jack Zhang was 34 years old, three and a half years into running a startup, and sitting across from one of the most powerful investors in Silicon Valley. Michael Moritz of Sequoia had invited him to his home — a place with, Zhang recalls, a couple of floors and a view straight to the Golden Gate Bridge — to make the case for selling. Stripe wanted to buy Airwallex for $1.2 billion. At the time, the Melbourne company had around $2 million in annualized revenue. The math was pretty irresistible: a revenue multiple somewhere near 600 times. Patrick Collison, Moritz…

A national housing shortage is straining finances and communities across the United States. In Massachusetts, at least 222,000 homes will have to be built in the next 10 years to meet the population’s needs. At the same time, there are numerous challenges in traditional construction. There’s a shortage of skilled construction workers. Most projects involve multiple contractors and subcontractors, adding complexity and lag time. And the construction process, as well as the buildings themselves, can be a major source of emissions that contribute to climate change.Reframe Systems, co-founded by Vikas Enti SM ’20, uses robotics, software, and high-performance materials to…