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The ECB summons Eurozone banks to a meeting on Tuesday to discuss risks posed by the latest AI models and hopes US banks with Mythos access will share lessons (Martin Arnold/Financial Times)
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Martin Arnold / Financial Times : The ECB summons Eurozone banks to a meeting on Tuesday to discuss risks posed by the latest AI models and hopes US banks with Mythos access will share lessons   —  Supervisor to stress seriousness of risks to financial system at hastily arranged meeting  —  The European Central Bank …
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Trump says Iran deal ‘largely negotiated’ as 84-day war nears possible end
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President Donald Trump announced on Saturday an agreement has been "largely negotiated" with Iran and several allied nations, signaling a nearing end to the controversial 84-day war. The president wrote in a Truth Social post that following a "very good call" with leaders from Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Türkiye, Egypt, Jordan and Bahrain, the deal is nearing finalization. "An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries, as listed," Trump wrote in the post. "Separately, I had a call with Prime Minister Bibi Netanyahu, of Israel, which, likewise, went very well." He added final aspects and details of the deal are "currently being discussed and will be announced shortly." Trump also indicated a key provision of the deal involves opening the Strait of Hormuz. The breakthrough announcement fol...

How Anthropic's ongoing discussions with the Vatican about ethics and AI led to Christopher Olah being invited to Pope Leo's unveiling of an encyclical on AI (Jack Jenkins/RNS)
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Jack Jenkins / RNS : How Anthropic's ongoing discussions with the Vatican about ethics and AI led to Christopher Olah being invited to Pope Leo's unveiling of an encyclical on AI   —  (RNS) — Pope Leo XIV's new encyclical on AI is set to be released Monday (May 27), with Chris Olah, a co-founder of Anthropic, at his side.

RFK Jr announces 'largest autism fraud bust in American history' with $46.6M Medicaid scheme indictment
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Health and Human Services (HHS) Secretary Robert F. Kennedy Jr . announced the indictment of two Minnesota defendants charged in what officials called the "largest autism fraud bust in American history." The U.S. Department of Justice (DOJ) indicted 55-year-old Shamso Ahmed Hassan and 25-year-old Hanaan Mursal Yusuf, slapping them with numerous counts of fraud and related charges for their alleged $46.6 million scheme to defraud Minnesota Medicaid’s Early Intensive Developmental and Behavioral Intervention (EIDBI) Program. The indictment was part of a wider enforcement action taken by the DOJ's National Fraud Enforcement Division that swept up 15 alleged fraudsters in indictments for schemes that targeted over $90 million in taxpayer funds. "Today's arrests represent the largest autism fraud bust in American history. This was not a paperwork error. It was not a technical violation. This was organized theft that exploited the most vulnerable children in America, d...

Sources: the ECB warned EU finance ministers that proposals to issue more euro stablecoins could reduce bank lending and make controlling interest rates harder (Reuters)
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Reuters : Sources: the ECB warned EU finance ministers that proposals to issue more euro stablecoins could reduce bank lending and make controlling interest rates harder   —  The European Central Bank warned European Union finance ministers on Friday that proposals to issue more euro stablecoins …

Reddit stock fell 5%+ on Friday after Meta launched a standalone app for online forums, called Forum; Reddit's stock is now down almost 40% this year (Jonathan Vanian/CNBC)
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Jonathan Vanian / CNBC : Reddit stock fell 5%+ on Friday after Meta launched a standalone app for online forums, called Forum; Reddit's stock is now down almost 40% this year   —  Reddit shares fell about 6% on Friday on concern that a new app from Meta called Forum could create an alternative avenue for internet users …

Warren torched over ‘my kind of man’ praise for Platner after death-wish post for wounded veteran resurfaces
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Sen. Elizabeth Warren ’s vocal support for her controversial New England neighbor Graham Platner’s Democratic Senate campaign is raising eyebrows in light of his Nazi-linked tattoo and a slew of resurfaced remarks, including an admission of getting aroused by smelling biocide in Port-a-Johns. Most recently, Platner was lambasted for appearing to wish the Taliban had killed former Pennsylvania GOP lieutenant governor candidate Teddy Daniels after video of him under siege in Afghanistan surfaced: "Dumb mother---er didn’t deserve to live," Platner said in a resurfaced social media post about the Purple Heart recipient. "Poor marksmanship on the Taliban’s part…" On his podcast, Washington-area radio host Larry O’Connor presented a mashup of Warren shouting, " my kind of man ," with narration of Platner’s uncovered foibles. UNEARTHED POSTS SHOW DEM SENATE HOPEFUL PRAISING VULGAR GRAFFITI, MAKING CRUDE PORTA-POTTY ADMISSION "Hey Elizabeth Warren, Graham Pl...