Markets

What smart people are saying about the return of Anthropic’s Fable 5

In a Wednesday X post, Aaron Levie said the resolution could set an important precedent for how future frontier AI models are reviewed, particularly those with advanced coding, cyber, and biosecurity capabilities.”The only note of caution here would be that there’s a lot of subjectivity that goes into various risks…

Bank of America CEO Moynihan dismisses recession fears over rate hikes

While Wall Street prepares for the prospect of a more aggressive Federal Reserve, Bank of America CEO Brian Moynihan has a reassuring message for anxious investors. Despite Bank of America’s issuing the most hawkish forecast on Wall Street — predicting three interest rate hikes under Federal Reserve Chair Kevin Warsh…

Covert sabotage missions inside Russia aren’t like ‘action stories’ and demand cool heads, commander says

Ukrainian-backed sabotage missions inside Russia aren’t like action movies and require operatives to stay cool under pressure, a military commander directly involved in these attacks told Business Insider.The Freedom of Russia Legion, a Ukrainian-based paramilitary unit, recently disclosed a covert mission that it said destroyed six gas distribution stations near…

Big Tech is spending billions to not employ people

Some of the world’s richest tech companies are spending huge sums to lay off employees.Business Insider reviewed the latest annual reports from some of the biggest US tech companies to see how much they spent on severance and workforce reductions.We started by looking at the so-called Magnificent Seven tech companies…

Paint it black

The last thing Dillon Angulo says he remembers is pulling over to see the stars. It was around 9:15 on April 25, 2019, in Key Largo, Florida. He and Naibel Benavides had been inseparable since their first date a few weeks earlier. Angulo, a bearded, stocky 27-year-old Cuban American, was…