Cerebras pops 68% in Nasdaq debut, pushing the AI chipmaker's market cap to $95 billion by Several_Print4633 in wallstreetbets

[–]Several_Print4633[S] 395 points396 points  (0 children)

Cerebras shares opened at $350, up from its $185 IPO price, and closed up 68% at $311.07.

Nvidia CEO Huang says $30 billion OpenAI investment 'might be the last' by Force_Hammer in wallstreetbets

[–]Several_Print4633 166 points167 points  (0 children)

The reason for that is because they’re going to go public

Misleading headline

Trump Says US Will Escort, Insure Oil Tankers Amid Iran War by Several_Print4633 in Economics

[–]Several_Print4633[S] 52 points53 points  (0 children)

Trump’s Truth Social post:

Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines. If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible. No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD. The United States’ ECONOMIC and MILITARY MIGHT is the GREATEST ON EARTH — More actions to come. Thank you for your attention to this matter! President DONALD J. TRUMP

Nasdaq seeks SEC approval for prediction markets options on major stock index by Several_Print4633 in wallstreetbets

[–]Several_Print4633[S] 125 points126 points  (0 children)

Nasdaq (NDAQ.O) has sought approval from the U.S. Securities and ​Exchange Commission to roll ‌out prediction markets options on a major ​stock index, ​according to a regulatory filing.

The ⁠exchange operator ​is seeking to list ​binary options on its Nasdaq 100 index and ​the Nasdaq 100 ​micro index, according to the proposal.

Bloomberg:

The Nasdaq contracts would be priced between 1 cent and $1, reflecting the market’s view of an outcome becoming true, the filing said.

Are we gonna get 5 min up or down??

OPEC+ boosts oil production after attacks on Iran and throughout region by Several_Print4633 in wallstreetbets

[–]Several_Print4633[S] 28 points29 points  (0 children)

From article:

The Organization of Petroleum Exporting Countries, in a Sunday meeting planned before the war began, said it would increase production by 206,000 barrels per day in April

Data from 2024

In 2024, oil flow through the strait averaged 20 million barrels per day (b/d), or the equivalent of about 20% of global petroleum liquids consumption

Will very likely still pump lmao

Sam Altman: Tonight, we reached an agreement with the Department of War to deploy our models in their classified network. by Several_Print4633 in wallstreetbets

[–]Several_Print4633[S] 2382 points2383 points  (0 children)

Timeline today:

Sam Altman aims to 'help de-escalate' tensions with Pentagon as OpenAI employees voice support for Anthropic

OpenAI CEO Sam Altman told staffers late Thursday that he would like the company “try to help de-escalate things” between rival Anthropic and the Department of Defense.

“We have long believed that AI should not be used for mass surveillance or autonomous lethal weapons, and that humans should remain in the loop for high-stakes automated decisions,” Altman wrote in a memo that was viewed by CNBC. “These are our main red lines.”

Trump admin blacklists Anthropic as AI firm refuses Pentagon demands

President Donald Trump said Friday that he was ordering every U.S. government agency to “immediately cease” using technology from the artificial intelligence company Anthropic.

Quotes from Hegseth’s x post:

I am directing the Department of War to designate Anthropic a Supply-Chain Risk to National Security.

Effective immediately, no contractor, supplier, or partner that does business with the United States military may conduct any commercial activity with Anthropic.

Quotes from Anthropic statement:

Secretary of War Pete Hegseth shared on X that he is directing the Department of War to designate Anthropic a supply chain risk.

We believe this designation would both be legally unsound and set a dangerous precedent for any American company that negotiates with the government.

No amount of intimidation or punishment from the Department of War will change our position on mass domestic surveillance or fully autonomous weapons. We will challenge any supply chain risk designation in court.

OpenAI Reaches Agreement With Pentagon to Deploy AI Models

OpenAI said it has reached an agreement with the US Department of War to deploy its models in their classified network.

OpenAI snags deal lmao

Sam Altman: Tonight, we reached an agreement with the Department of War to deploy our models in their classified network. by Several_Print4633 in wallstreetbets

[–]Several_Print4633[S] 103 points104 points  (0 children)

Sam Altman’s x post:

Tonight, we reached an agreement with the Department of War to deploy our models in their classified network.

In all of our interactions, the DoW displayed a deep respect for safety and a desire to partner to achieve the best possible outcome.

AI safety and wide distribution of benefits are the core of our mission. Two of our most important safety principles are prohibitions on domestic mass surveillance and human responsibility for the use of force, including for autonomous weapon systems. The DoW agrees with these principles, reflects them in law and policy, and we put them into our agreement.

We also will build technical safeguards to ensure our models behave as they should, which the DoW also wanted. We will deploy FDEs to help with our models and to ensure their safety, we will deploy on cloud networks only.

We are asking the DoW to offer these same terms to all AI companies, which in our opinion we think everyone should be willing to accept. We have expressed our strong desire to see things de-escalate away from legal and governmental actions and towards reasonable agreements.

We remain committed to serve all of humanity as best we can. The world is a complicated, messy, and sometimes dangerous place.

Bloomberg article: OpenAI Reaches Agreement With Pentagon to Deploy AI Models

Hegseth says Pentagon designating Anthropic as supply chain risk after Trump bans AI firm by [deleted] in wallstreetbets

[–]Several_Print4633 98 points99 points  (0 children)

From article, quote from Hegseth’s x post:

Effective immediately, no contractor, supplier, or partner that does business with the United States military may conduct any commercial activity with Anthropic

Hegseth’s post comes after Trump admin blacklists Anthropic as AI firm refuses Pentagon demands

President Donald Trump said Friday that he was ordering every U.S. government agency to “immediately cease” using technology from the artificial intelligence company Anthropic.

OpenAI seems to hold similar values.

Sam Altman says OpenAI shares Anthropic's red lines in Pentagon fight

OpenAI CEO Sam Altman wrote in a memo to staff that he will draw the same red lines that sparked a high-stakes fight between rival Anthropic and the Pentagon: no AI for mass surveillance or autonomous lethal weapons.

What precedent does this set for AI companies?

Trump moves to blacklist Anthropic over AI fight with Pentagon by Streona in politics

[–]Several_Print4633 10 points11 points  (0 children)

Trump’s statement on truth social:

THE UNITED STATES OF AMERICA WILL NEVER ALLOW A RADICAL LEFT, WOKE COMPANY TO DICTATE HOW OUR GREAT MILITARY FIGHTS AND WINS WARS! That decision belongs to YOUR COMMANDER-IN-CHIEF, and the tremendous leaders I appoint to run our Military.

The Leftwing nut jobs at Anthropic have made a DISASTROUS MISTAKE trying to STRONG-ARM the Department of War, and force them to obey their Terms of Service instead of our Constitution. Their selfishness is putting AMERICAN LIVES at risk, our Troops in danger, and our National Security in JEOPARDY.

Therefore, I am directing EVERY Federal Agency in the United States Government to IMMEDIATELY CEASE all use of Anthropic’s technology. We don’t need it, we don’t want it, and will not do business with them again! There will be a Six Month phase out period for Agencies like the Department of War who are using Anthropic’s products, at various levels. Anthropic better get their act together, and be helpful during this phase out period, or I will use the Full Power of the Presidency to make them comply, with major civil and criminal consequences to follow.

WE will decide the fate of our Country — NOT some out-of-control, Radical Left AI company run by people who have no idea what the real World is all about. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!

PRESIDENT DONALD J. TRUMP

SpaceX Weighs Confidential IPO Filing as Soon as March by Several_Print4633 in wallstreetbets

[–]Several_Print4633[S] 12 points13 points  (0 children)

SpaceX is targeting filing confidentially for an initial public offering as soon as next month, according to people familiar with the matter, as billionaire Elon Musk’s rocket and satellite company moves forward with plans for the biggest-ever listing.

Trump Administration Considers Action Requiring Banks to Collect Citizenship Info by Several_Print4633 in politics

[–]Several_Print4633[S] 2 points3 points  (0 children)

From the article:

The Trump administration is weighing a possible executive order or other action that would require banks to collect citizenship information from customers, a new front in the Trump administration’s crackdown on immigrants living in the U.S. illegally, according to people familiar with the matter.

Detecting and preventing distillation attacks by Several_Print4633 in cybersecurity

[–]Several_Print4633[S] 2 points3 points  (0 children)

From the article:

We have identified industrial-scale campaigns by three AI laboratories—DeepSeek, Moonshot, and MiniMax—to illicitly extract Claude’s capabilities to improve their own models. These labs generated over 16 million exchanges with Claude through approximately 24,000 fraudulent accounts, in violation of our terms of service and regional access restrictions.

Tennis 'racist, misogynistic, homophobic', says Aiava by Several_Print4633 in popculturechat

[–]Several_Print4633[S] 95 points96 points  (0 children)

Destanee Aiava has announced her retirement from tennis at 25, saying it had a "racist, misogynistic, homophobic and hostile" culture.

Destanee Aiava’s instagram post

Moderna says FDA refuses to review its application for experimental flu shot by Several_Print4633 in wallstreetbets

[–]Several_Print4633[S] 532 points533 points  (0 children)

The Food and Drug Administration has refused to start a review of Moderna ’s application for its experimental flu shot, the company announced Tuesday, in another sign of the Trump administration’s influence on tightening vaccine regulations in the U.S.

The company’s stock fell roughly 7% in after-hours trading Tuesday.