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Top stories today:
- OpenAI partners with DoW on AI deployment after Anthropic fight
- Paramount to acquire WBD in $111B deal, paying Netflix $2.8B
- Brent oil +6% to $77/barrel after U.S.-Israel strikes on Iran
- SpaceX said to weigh confidential IPO filing in Mar., eyes Jun. listing
- OpenAI raises $110B at $840B backed by Amazon, NVIDIA, SoftBank
- Billionaire mortality analysis finds ~90% of deaths age-related
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Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. OpenAI partners with DoW on AI deployment, ties safeguards to existing policy
Hours after Anthropic was blacklisted by Trump, Sam Altman announced the OpenAI-DoW deal late Fri.
The deal follows āall lawful useā and includes āmutually agreedā safety mechanisms, Under Secy. Jeremy Lewin said.
Lewin said OpenAIās law-based safeguards were acceptable, unlike Anthropicās company-set limits.
After the DoW labeled Anthropic a supply chain risk on social media, experts assess the fallout
The Pentagon directed to designate Anthropic a āsupply-chain riskā by U.S. defense secy. Pete Hegseth:
OpenAI said Anthropic shouldnāt be labeled a supply chain risk and conveyed that to the Pentagon.
Anthropic said it would āchallenge any supply chain risk designation in court.ā
Workers across Amazon, Google, Microsoft, and OpenAI urge firms to join Anthropic in resisting DoW demands.
The Pentagon reportedly used Claude in the Iran strike hours after the Anthropic blacklist.
Claude became the #1 free app in the U.S. App Store Sat. after the DoWās supply chain risk move.
Amodei said Anthropic is āpatrioticā but warned some AI uses could outpace the law and clash with U.S. values
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3. Paramount to acquire WBD in $111B deal at $31/share, paying Netflix $2.8B breakup fee
Q3: deal expected to close.
$7B regulatory termination fee if the deal fails to close.
$47B equity commitment backed by the Ellison family and RedBird.
$54B debt financing from Bank of America, Citigroup, and Apollo.
Equity may include additional strategic and financial partners, Paramount said.
Netflix had a preplanned exit strategy, co-CEO Ted Sarandos said.
The Paramount deal will likely drive ~$16B in cuts and job losses, Sarandos said.
