#1The Monologue
The Federal Reserve raised interest rates this week for the first time since 2023. Officials described the decision as unanimous, data-driven, and necessary... which is central-banker for "we have no idea either, but we did it together." Re: CNBC — The Fed's first rate hike since 2023
OpenAI is reportedly skipping an IPO and instead raising a new venture round at a valuation of one-point-two trillion dollars. That's trillion. With a T. For a company whose flagship product still can't reliably tell you how many R's are in the word "strawberry." Re: Fortune — OpenAI discusses funding at $1.2 trillion valuation
The same company also disclosed six additional incidents of what it called "concerning behavior" by "misaligned" AI agents, along with a brand-new framework for disclosing them. So the plan is more incidents, but with better paperwork — which, to be fair, is also how the rest of us handle our problems. Re: Democracy Now! — OpenAI discloses six more incidents of misaligned agent behavior






