Treasury Dept. empowers banks to crack down on cartels, illegal immigrant labor
The Trump administration is arming the nation’s local banks with sweeping new powers to share customer surveillance video and cyber data to hunt dow...
Last updated: 2026-06-13 21:10:13 ET
Pulse AI Brief
Updated Jun 13, 2026 9:00 PM ET
Amazon security research reportedly prompted the White House to ban Anthropic's most advanced AI models, citing concerns that safeguards can be bypassed to identify software vulnerabilities. Amazon CEO Andy Jassy may have flagged these security issues to the government, leading Anthropic to disable worldwide access to the affected models.
Anthropic's valuation and competitive positioning face pressure as its flagship models face government restrictions. Amazon's move signals corporate willingness to escalate AI safety concerns to regulators, potentially triggering broader restrictions on frontier model deployments and affecting AI infrastructure stocks.
This marks the first major government-enforced restriction on a leading AI company's models and establishes a precedent for regulatory intervention based on corporate security research. The incident underscores tensions between commercial AI development and national security, likely accelerating government oversight frameworks.
The Trump administration is arming the nation’s local banks with sweeping new powers to share customer surveillance video and cyber data to hunt dow...
Severfield has refinanced its banking facilities with a new agreement worth up to £97.6m. The structural steel contractor said it signed a new three-...
Australian shares surged as hopes of an Iran peace deal boosted mining, banking, consumer, and technology stocks across the market.
Gold, mining, banking and property stocks surged as easing tensions and lower oil prices lifted the Australian share market.
ASX 200 advances as global sentiment improves, mining and banking stocks gain strength, and major ASX-listed companies attract investor attention amid...
Discover what drove the latest ASX 200 rally as mining and banking stocks gained momentum, global sentiment improved, and broad market strength lifted...
Australian shares surged as stronger global sentiment lifted mining, banking, and consumer stocks while energy companies faced pressure from weaker oi...
The US banking giant's blockchain marketplace will offer tokenized depositary receipts of private company shares amid Wall Street's broad embrace of t...
The startup is one of many entering the RV space, but it's banking on a hybrid power system that can go far beyond campsites.
Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang has declined an invitation to testify before the Senate Banking Committee this week, drawing criticism from...
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