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The $14 Trillion Warning: AI’s Riches Will Be a “Few and the Rest” Story

Larry Fink, CEO of BlackRock, warns the AI boom risks worsening inequality, with rewards flowing only to a handful of firms and investors. In his annual letter, he noted that AI threatens to repeat—and amplify—a pattern where wealth accrues to those who already own assets. His solution: more people should invest in capital markets rather than rely on homeownership. The warning comes as BlackRock manages $14tn and Fink’s own $30.8m pay package has drawn shareholder scrutiny.

Mar 23, 2026

Stocks Fall as Iran's New Supreme Leader Vows to Keep Strait of Hormuz Closed

Global markets tumbled Thursday as Iran's newly appointed supreme leader Mojtaba Khamenei vowed to keep the Strait of Hormuz closed indefinitely, sending oil prices above $95 a barrel and pushing US stocks down more than 1%. The Dow lost over 500 points while the S&P 500 extended its losing streak to three days. With roughly a fifth of the world's oil supply flowing through the waterway, analysts are calling it the largest supply disruption in oil market history.

Mar 12, 2026

Sam Altman Admits OpenAI Has No Control Over Pentagon's AI Use

Sam Altman admitted to employees that OpenAI has no control over how the Pentagon uses its AI in military operations, saying "you do not get to make operational decisions" about strikes or invasions. The admission comes as the Pentagon pressures AI companies to remove safety guardrails for broader military applications. Rival company Anthropic recently refused a deal with the Pentagon over ethical concerns and was labeled a "supply-chain risk" by Defense Secretary Pete Hegseth, while OpenAI quickly partnered with the military instead.

Mar 5, 2026

OpenAI's "Sloppy" Pentagon Deal Sparks Surveillance Fears and User Revolt

OpenAI is facing a user revolt after hastily striking a deal to supply AI to the US Department of War, a move its own CEO admitted looked "opportunistic and sloppy." The contract, signed immediately after the Pentagon dropped previous contractor Anthropic, sparked fears that ChatGPT's technology could be used for domestic mass surveillance. Despite OpenAI's insistence that the deal included strict guardrails, critics drew parallels to the Snowden scandal, triggering a "delete ChatGPT" campaign on social media.

Mar 4, 2026

Nvidia and UK Wealth Fund Throw Weight Behind British Self-Driving Pioneer Oxa

Nvidia has teamed up with the UK's National Wealth Fund to invest $103 million in British autonomous driving startup Oxa. The Oxford-based company, which develops software for self-driving industrial vehicles in ports and factories, has pivoted away from the complex passenger car market to focus on automating repetitive goods movement—a shift that co-founder Paul Newman says makes the "economics...cracking."

Mar 4, 2026

Amazon AI Outage Raises Concerns Over Automation Risks in AWS Cloud Infrastructure

Amazon’s push toward AI-driven efficiency has come under scrutiny after reports that an internal outage at Amazon Web Services was triggered by one of its own AI agents. While the company attributes the disruption to user misconfiguration rather than artificial intelligence itself, experts warn that autonomous systems can act without fully grasping broader consequences, raising fresh concerns about the risks of replacing human oversight with automation.

Feb 23, 2026

CrowdStrike and Microsoft Expand Strategic Alliance to Accelerate Cloud Security Adoption

CrowdStrike and Microsoft Corp. have expanded their strategic partnership to make the CrowdStrike Falcon® platform available through the Microsoft Marketplace. This move enables organizations to deploy advanced, AI-native cybersecurity solutions while leveraging their existing Microsoft Azure Consumption Commitment (MACC). By streamlining procurement and aligning security investments with cloud spending, the integration helps enterprises accelerate secure digital transformation, improve operational efficiency, and maximize the value of their existing cloud budgets.

Feb 21, 2026