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Jon Keegan

Report: Anthropic CEO Amodei meeting with Hegseth at the Pentagon as tensions mount

Anthropic CEO Dario Amodei has been summoned to meet with Defense Secretary Pete Hegseth at the Pentagon on Tuesday, according to a report from Axios. Tensions are running high between the Trump administration and Anthropic, as the startup’s surveillance restrictions on the use of its AI are reportedly causing outrage within the Pentagon.

Last month’s attack on Venezuela that led to the capture of Maduro reportedly involved the use of Anthropic’s Claude AI models for planning, which caused the startup to push back on the alleged violation of its terms of use.

Per the report, the Pentagon is considering effectively blacklisting Anthropic’s AI from government work if it doesn’t capitulate to the administration’s terms.

Antagonizing the Trump administration could cause Anthropic to face potential regulatory hurdles as it races toward an IPO this year. The company recently hired former Microsoft CFO Chris Liddel to its board, who formerly served as deputy White House chief of staff in the first Trump administration.

Last month’s attack on Venezuela that led to the capture of Maduro reportedly involved the use of Anthropic’s Claude AI models for planning, which caused the startup to push back on the alleged violation of its terms of use.

Per the report, the Pentagon is considering effectively blacklisting Anthropic’s AI from government work if it doesn’t capitulate to the administration’s terms.

Antagonizing the Trump administration could cause Anthropic to face potential regulatory hurdles as it races toward an IPO this year. The company recently hired former Microsoft CFO Chris Liddel to its board, who formerly served as deputy White House chief of staff in the first Trump administration.

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US regulators reportedly appear likely to approve Paramount’s Warner Bros. acquisition

US antitrust regulators appear to be leaning toward approval of Paramount’s $110 billion acquisition of rival Warner Bros. Discovery, according to a Semafor report.

The DOJ’s apparent positive analysis of the Hollywood megamerger follows a Tuesday meeting between Paramount CEO David Ellison and DOJ staffers including acting antitrust chief Omeed Assefi.

Per Semafor, that meeting included a significant number of questions about the would-be streaming giant’s theatrical release priorities. Ellison has pledged to release a “minimum” of 30 films for theaters between Paramount and WBD upon completion of the merger, and to maintain a 45-day theatrical window for films, followed by a three-month SVOD (digital rent or purchase) period before they land on Paramount+.

The DOJ has not yet approved the merger, and the agency’s current apparent analysis could shift.

It’s unclear what other topics were discussed at Tuesday’s meeting. Hollywood insiders critical of a Warner Bros. acquisition have also highlighted that any merger decreasing the number of content buyers would squeeze an already depressed entertainment labor market.

Per Semafor, that meeting included a significant number of questions about the would-be streaming giant’s theatrical release priorities. Ellison has pledged to release a “minimum” of 30 films for theaters between Paramount and WBD upon completion of the merger, and to maintain a 45-day theatrical window for films, followed by a three-month SVOD (digital rent or purchase) period before they land on Paramount+.

The DOJ has not yet approved the merger, and the agency’s current apparent analysis could shift.

It’s unclear what other topics were discussed at Tuesday’s meeting. Hollywood insiders critical of a Warner Bros. acquisition have also highlighted that any merger decreasing the number of content buyers would squeeze an already depressed entertainment labor market.

President Trump Hosts Crypto Summit At The White House

Report: White House AI oversight executive order DOA

After weeks of uncertainty, the White House’s plan to review frontier models before release appears dead.

Jon Keegan5/22/26
power
Jon Keegan

Report: White House informed AI companies about plans for government to vet new models

After weeks of uncertainty about what role if any the White House would play in overseeing the release of new foundation models, this week top AI companies have been briefed on its plans, according to a new report from The Information.

The planned executive order describes a voluntary plan in which the National Security Agency, Office of the National Cyber Director, the White House Office of Science and Technology Policy, and Cybersecurity and Infrastructure Security Agency will decide which models to review, per the report.

The plan is reportedly less strict than AI companies had feared, but it does call for a 90-day testing period before release, a window that is substantially longer than the 14-day window that the companies wanted.

The new order could be signed as soon as this week.

The planned executive order describes a voluntary plan in which the National Security Agency, Office of the National Cyber Director, the White House Office of Science and Technology Policy, and Cybersecurity and Infrastructure Security Agency will decide which models to review, per the report.

The plan is reportedly less strict than AI companies had feared, but it does call for a 90-day testing period before release, a window that is substantially longer than the 14-day window that the companies wanted.

The new order could be signed as soon as this week.

power
Rani Molla

Pension leaders overseeing more than $1 trillion in assets call SpaceX’s corporate structure “extreme”

SpaceX is gearing up for what is expected to be the biggest IPO in history — a $75 billion raise at a record $1.75 trillion valuation. But some of Wall Street’s biggest whales aren’t happy with the plan.

Leaders from three of the largest US public pension systems — New York State, New York City, and California — sent a letter to CEO Elon Musk on Wednesday, calling out the company’s planned corporate structure as extreme and the “most management-favorable governance structure ever brought to the US public markets at ⁠this scale.”

Among their concerns: Musk’s inviolability since only he can remove himself as CEO, the elimination of class-action lawsuits, and a Texas shield that could require a staggering 3% of outstanding stock just to file a derivative suit.

While the group has requested a meeting with Musk, it’s not clear if the $1 trillion they oversee is enough to force Musk to entertain their demands. These funds may be caught in an index trap.” As passive benchmark trackers, they’ll be forced to buy the stock once it lists, stripping them of any boycott leverage. And with a tiny ~5% float and the expected massive demand from retail and other investors, Musk may be able to ignore a few whales.

power
Rani Molla

Nvidia, Tesla, Apple, Micron CEOs head to China with Trump

Executives from some of America’s biggest companies, including Apple, Tesla, and Boeing, are joining President Trump on his trip to China this week to help facilitate trade and investment between the countries. After a last-minute invite, Nvidia CEO Jensen Huang, who was initially snubbed, is also part of a trip aimed, in part, at resolving a prolonged import-export standoff between China and the US regarding AI and semiconductor technology.

Meta President and Vice Chairman Dina Powell McCormick is also going. Recently China blew up one of Meta’s major AI bets by unwinding the company’s acquisition of AI agent startup Manus.

In a post on Truth Social, Trump said the group was journeying to China to ask President Xi to “‘open up’ China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level!”

He added, “I have never seen or heard of any idea that would be more beneficial to our incredible Countries!”

Here’s the full list of company executives, per Reuters:

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