Iran War Week 4, OpenAI $730B Valuation, Anthropic vs. Pentagon, Meta Verdicts | Ricker and Bon #425
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A federal judge used the word "Orwellian" this week to describe the U.S. government's attempt to blacklist one of its own AI companies for refusing to build autonomous weapons. Week four of the Iran war brought missiles into Saudi Arabia, oil past $100 a barrel, and a White House deadline that could take out Iran's power grid by April 6. Back home, TSA workers are six weeks into working without pay while ICE agents fill their posts at airports.In tech, SoftBank borrowed $40 billion — with no collateral, due back in 12 months to double down on OpenAI, now valued at $730 billion. The loan structure is Wall Street's clearest signal yet that an OpenAI IPO is coming before year's end. Meanwhile Meta took two jury verdicts on the same day — $375 million in New Mexico, $6 million in California — for what those juries said the platforms did to kids. Over 1,500 more cases are waiting in line.And Apple, the company that spent 20 years telling you its ecosystem was the best on earth, just licensed Google's AI to fix Siri.Ricker and Bon. Let's get into it.U.S. soldiers wounded in Iranian missile strike on Saudi air base; oil hits $103; April 6 Hormuz deadline setSoftBank borrows $40B unsecured to fund OpenAI at $730B valuation — IPO signalFederal judge blocks Pentagon from blacklisting Anthropic after it refused to build autonomous weaponsMeta hit with $375M and $6M jury verdicts in same week over harm to children; 1,500 cases pendingNetflix raises prices across all tiers same week it closed $600M AI acquisitionApple licenses Google's Gemini to fix Siri🤔 What are your thoughts?👨💻❗We wanna know, comment below!If you want a prize, send us a DM of your rating on Instagram http://instagram.com/rickerandbon