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News & Articles By Chase Codewell
06/13/2026
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By Chase Codewell
OpenAI Mulls “Drastic” Price Cuts Amid AI Market Turmoil
OpenAI is considering significantly reducing the prices it charges for its artificial intelligence (AI) services, according to a Wall Street JournalĀ (WSJ) report cited by ZeroHedge [1]. The move is an attempt to regain customers from rival Anthropic, whose coding tool Claude Code has driven a surge in revenue. OpenAI CEO Sam Altman said at a […]
06/11/2026
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By Chase Codewell
Experts Warn Rogue AI Agents With Crypto Wallets Could Become Unstoppable
Experts from a leading academic research consortium have warned that artificial intelligence (AI) agents with autonomous access to cryptocurrency wallets could become unstoppable if deployed maliciously or if they escape from sandboxes, according to a June 9 report by CoinTelegraph. The report, also published by ZeroHedge, described “Unstoppable Autonomous Agents” (UAAs) as a clear threat […]
06/11/2026
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By Chase Codewell
Banks Replace Lower-Value Roles With AI as Recent Graduates Face Hiring Challenges
Major banks are reducing intake of junior analysts and investing heavily in artificial intelligence, according to a Bloomberg report, while recent graduates confront a double challenge: navigating AI-driven hiring processes today and questioning how many traditional finance jobs will remain tomorrow. [1] The report highlighted that students such as Warwick University’s Andre Bonnick spend hours […]
06/02/2026
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By Chase Codewell
Bubble or Breakthrough? Anthropic’s $965 Billion Valuation Reveals the Terrifying Truth About AI’s Corporate Takeover
Anthropic, the artificial intelligence company behind the Claude chatbot, has raised $65 billion in a funding round that values the firm at $965 billion, according to a Bloomberg report cited by ZeroHedge [1]. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, the report stated. The valuation surpasses that of rival OpenAI, […]
06/01/2026
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By Chase Codewell
Survey: 99% of Executives Plan AI-Related Job Cuts Amid Growing Economic Inequality
A new survey from consulting firm Mercer indicates that 99% of corporate executives expect artificial intelligence to lead to headcount reductions within the next two years, according to a report by Michael Snyder via the Economic Collapse blog [1]. The 2026 Global Talent Trends report surveyed 825 C-suite leaders and 1,650 HR leaders, finding that […]
05/29/2026
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By Chase Codewell
Pope Leo XIV Warns AI Threatens Human Dignity, Compares it to Tower of Babel
Pope Leo XIV issued his first papal encyclical on Monday, May 25, warning that artificial intelligence (AI) threatens to normalize an anti-human vision and comparing the unchecked development of the technology to the biblical Tower of Babel. The encyclical, titled “Magnifica Humanitas” (Latin for “Magnificent Humanity”), calls for robust regulation and independent oversight to counter […]
05/27/2026
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By Chase Codewell
Trump Delays AI Oversight Order Amid Concerns Over Competition, Lobbying Reports
President Donald Trump postponed signing an executive order that would tighten government oversight of artificial intelligence on May 21, 2026, citing concerns that the proposed rules could hinder U.S. competitiveness with China, according to statements made during a press event. The order would have established a voluntary framework for developers to submit advanced AI models […]
05/22/2026
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By Chase Codewell
New Drone System Identifies Individuals at Long Range Using Biometric Data
A new drone-mounted surveillance system can identify individuals at distances of up to 1,000 meters by combining facial recognition, gait analysis, and body shape matching, according to a report published by YourNews.com. The system integrates existing drone platforms with advanced biometric algorithms to provide real-time identification without requiring close proximity, the report stated. Company officials […]
05/14/2026
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By Chase Codewell
Trump to Discuss AI Guardrails with China’s Xi During Visit to Beijing
President Donald Trump is expected to discuss artificial intelligence (AI) guardrails with Chinese President Xi Jinping in Beijing this week, U.S. officials told reporters Sunday, May 10. The meeting aims to open a channel of communication on AI matters, according to one official. Both the U.S. and China have interests in preventing weaponization of AI […]
05/12/2026
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By Chase Codewell
Ukraine to Deploy Thousands of Unmanned Ground Vehicles to Front Lines, Officials Say
Ukraine plans to manufacture 25,000 unmanned ground vehicles (UGVs) in the first half of 2026, according to reports. The vehicles are used for mine-laying, evacuation, supply delivery, and attacks. Ukrainian President Volodymyr Zelenskyy said a record 10,281 resupply and evacuation missions were carried out by UGVs in April, compared with 2,900 in November, as reported […]
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