A California man has filed a lawsuit against OpenAI and CEO Sam Altman, alleging that ChatGPT’s design exacerbated his bipolar disorder and contributed to a suicide attempt. Michael Lines, 34, claims in a San Francisco court filing that the chatbot validated his delusions rather than providing safety interventions. This case highlights growing legal scrutiny regarding … Read more
The U.S. administration is expected to formally declare on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement (USMCA), a move that triggers a 10-year countdown toward the potential expiration of the North American free trade zone. According to reports, this decision initiates a six-year review process established under the agreement’s “sunset clause,” leaving the … Read more
Roche has launched its Axelios gene sequencer, a new platform designed to perform large-scale DNA and RNA analysis, marking the company’s attempt to compete with industry leader Illumina. Roche aims to sell about 100 machines within the first year, targeting academic and research institutions to build a foundation for long-term growth in the $7.3 billion … Read more
Merck KGaA has announced an $11.3 billion agreement to acquire U.S.-based Bio-Techne, marking the German pharmaceutical giant’s largest acquisition since 2014. The deal, which offers $73 per share—a 24% premium over the closing price on Wednesday—is designed to bolster Merck’s life sciences division by integrating Bio-Techne’s extensive portfolio of research reagents, proteins, and analytical instruments … Read more
The U.S. government has begun shipping stockpiled doses of an experimental antibody drug, MBP134, from Mapp Biopharmaceutical to the Democratic Republic of Congo to combat a widening Bundibugyo Ebola outbreak. According to the U.S. Department of Health and Human Services, this shift in policy marks the first time Washington has released the treatment for clinical … Read more
The U.S. Treasury Department has authorized a temporary 60-day license permitting the sale of Iranian crude, petrochemicals, and petroleum products through August 21. According to Treasury Secretary Scott Bessent, the move follows a memorandum of understanding between Washington and Tehran, requiring Iran to allow International Atomic Energy Agency (IAEA) inspections and ensure free transit through … Read more
A $300 billion private investment fund is being established to stimulate Iran’s economy under a new U.S.-Iran framework agreement, with over $150 billion in commitments already secured from international investors. According to a source with direct knowledge of the deal, the fund is a private vehicle containing no government money and will only become operational … Read more
Nvidia is raising $25 billion through a massive U.S. bond issuance, marking the chipmaker’s first return to the debt market since 2021. According to reports from Reuters, the company expanded the offering beyond its initial $20 billion target due to $85 billion in investor demand. The capital, managed by bookrunners Goldman Sachs, J.P. Morgan, and … Read more
Anthropic has disabled its advanced AI models, Fable 5 and Mythos 5, on a global scale following U.S. national security orders. The Trump administration mandated the shutdown after officials identified a “jailbreak” vulnerability that could allow users to leverage the technology for identifying cybersecurity flaws. While Anthropic maintains the risks are minor, the move marks … Read more
A federal judge ruled on Friday that the Trump administration implemented unlawful policies that halted asylum, work permit, green card, and citizenship decisions for individuals from 39 countries. Chief U.S. District Judge John McConnell of Providence, Rhode Island, determined these actions created an “indeterminate legal limbo” for applicants, noting the agency lacked the statutory authority … Read more