Business
Anthropic absent from open AI alliance letter, Amodei denies ban push
Palantir CEO Alex Karp discusses open-weight artificial intelligence models, how he believes the technology should be regulated and why the U.S. should avoid Europe’s approach on ‘The Claman Countdown.’
Anthropic CEO Dario Amodei pushed back on claims that his AI startup supports a ban on open-weight models to support its competitive position in a letter after Anthropic was notably absent from a letter signed by many leading AI firms.
Leading companies in the AI space, including Nvidia, Palantir and others, participated in the letter and announced a partnership in the Open Secure AI Alliance, which looks to develop and share more open technologies to improve security in the AI era as risks can stem from both open and closed models.
Amodei wrote in a post on Anthropic’s website, “Anyone who has read my past writing should know that I don’t regard such bans as a useful measure, but let me state it clearly so that there is no doubt: Anthropic has never advocated for a ban on open-weight models.”
“But I don’t agree with the letter’s assertions that open-weights models necessarily make it easier to develop safeguards or that broad access to capabilities necessarily helps defenders more than attackers. It seems at least as likely to me that the opposite will be true,” he wrote, adding that biological weapons may have an edge over the defenses against them.
PALANTIR CEO WARNS US AGAINST EUROPE’S AI REGULATION PATH, URGES TRUMP ADMIN TO NOT BAN OPEN MODELS

Anthropic CEO Dario Amodei said the company hasn’t lobbied for a ban on open-weight models, but that he doesn’t think they’re as useful as defensive tools as proponents say. (Anna Moneymaker/Getty Images)
Amodei said he views open-weight models that don’t have dangerous capabilities as a public good, as their cost is limited to the computer needed to operate them, and they provide value to businesses, developers and researchers.
He added that he agreed with much of the open letter, particularly the value of open-weights in expanding access to the AI economy, strengthening competition and giving customers more control.
“To summarize my and Anthropic’s position, we have not and are not advocating for a ban on open-weights models as a category. We should instead focus on keeping powerful chips out of authoritarian hands, stopping industrial-scale distillation, and requiring safety testing of all sufficiently capable models, open and closed,” Amodei wrote.
NVIDIA, MICROSOFT URGE US TO AVOID BROAD RESTRICTIONS ON OPEN AI MODELS

An open-weight AI model from China was used to help counter a cyberattack from a rogue OpenAI model on Hugging Face’s infrastructure. (Jakub Porzycki/NurPhoto via Getty Images)
Amodei’s letter was published hours after Palantir CEO Alex Karp, whose company signed the letter supporting the use of open-weight AI models, said in an exclusive interview on FOX Business Network’s “The Claman Countdown” that resistance to competition could lead to a less dynamic tech industry like in Europe’s.
Karp said he’s “not anti-Anthropic” or opposed to all closed models, but that “If you want to win, you have to compete on the battlefield.”
OPENAI CO-FOUNDER WARNS AI MODELS ARE BECOMING HARDER TO CONTROL AFTER ITS MODEL HACKED ANOTHER FIRM

Palantir CEO Alex Karp said open-weight models are needed to stay as competitive as possible. (Krisztian Bocsi/Bloomberg via Getty Images)
“Our job has to be to have the best AI in the world, if you’re going to actually say we’re going to restrict all the products to U.S. commercial, but they’re not going to be restricted abroad, which they’re not, you’re de facto setting up a two-stage thing where no one can claim we have the best products in the world. It’s complete insanity,” Karp said.
“We are building our platform in the U.S. government on the open-weight side with Nvidia. We can get the best performance in the world with a totally American company, using American open-weight companies and American GPUs. We don’t have to hide behind some kind of fake thing,” Karp said.
Business
UK warning over dangerous travel adaptors – 3 things to watch out for
The six basic travel adaptors also presented fire safety concerns in tests.
These included missing safety shutters – which protect people from coming into contact with a plug’s live internal parts – missing fuses and oversized pin holes.
The Office for Product Safety and Standards has noted such concerns when issuing alerts for travel adaptors.
For instance, it recently ordered the recall of one product, external it said lacked safety shutters and rejected the import of another, external, saying it presented a serious risk of fire because it did not meet UK plug dimension requirements.
Online reviews seen by ESF also sparked concerns about how widely the devices it tested may have been purchased and used.
In one review on Amazon Marketplace, a user claimed the device “fell apart in their hands” and they “could have been electrocuted” if this had happened during use.
“We require all products offered in our store to comply with applicable laws, regulations and our own policies,” said an Amazon spokesperson.
“The products identified have been removed from sale.”
They added: “If we discover a product was undetected by our automated checks, we address the issue immediately and refine our controls.”
Meanwhile a review of a universal travel adaptor on AliExpress claimed it exploded while in use.
An AliExpress spokesperson told the BBC it had removed the products flagged by ESF and was contacting affected customers to initiate a recall.
“We have also launched a wider review of universal travel adapter listings where all plug pins are shown extended at the same time,” they said, adding AliExpress would restrict listings with this “unsafe characteristic” until corrected by the seller.
An eBay spokesperson said they “combine technology, AI-supported monitoring and specialist teams to help maintain a safe and trusted marketplace,” adding its efforts have “prevented millions of potentially unsafe items from being listed every year”.
TikTok said it “robustly” enforced it policies, “with 99.5% of the violative products we remove taken down before they are listed”.
But ESF believes the government should do more to hold online sellers to account.
“Shopping in the UK is currently far too dangerous,” said Capanna.
“These platforms claim customer safety is a priority, yet our investigations show that, in reality, they perpetually fail to prevent dangerous goods being made freely available to the public.”
It has called for online marketplaces to be made legally responsible for products sold on their sites, saying this would help protect consumers from dangerous electrical goods.
Consumer group Which? recently said it discovered phone chargers for sale online that posed similar dangers to users, external.
“Badly designed electricals can have life-altering – even fatal – consequences,” said head of consumer protection Sue Davies.
“It’s appalling that online marketplaces continue to fail to prevent dangerous products from reaching consumers, despite countless warnings.”
Business
Mason Dixie Foods adds frozen chicken sandwich

The frozen sandwich contains 11 grams of protein.
Business
Ipsos SA 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:IPSOF) 2026-07-28
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Earnings call transcript: CoStar Group tops EPS in Q2 2026, shares sink after hours

Earnings call transcript: CoStar Group tops EPS in Q2 2026, shares sink after hours
Business
S&P Global Inc. (SPGI) Presents at Orbit as the Next Data Frontier: Capital Flows, Risk, and Realities Transcript
Sarah James
Research Analyst
Hello, everyone, and welcome to today’s webinar. My name is Sarah James, and I lead the Tech, Media and Telecom News team within S&P Global Market Intelligence. It is my pleasure to moderate today’s webinar, Orbit as the Next Data Frontier: Capital Flows, Risks and Realities.
Before I introduce my guests, a few housekeeping items. We recognize that the topic of today’s webinar is of great interest, and we want this to be an interactive session and encourage you to submit questions for discussion. At the bottom of your screen, you will see a row of widget icons. These icons will allow you to interact with us throughout the session. I would like to point out the Q&A widget, which can be used to submit questions to the panelists as well as the survey widget. Please take time to fill out our short survey after the webinar. We really value your insight. The webinar is being recorded and an on-demand version will be available shortly after we conclude. If you encounter technical issues during the program, please try refreshing your browser. If issues persist, please use the Q&A widget to contact us and a member from our technical team will assist you.
Now it’s my pleasure to introduce today’s panel. I’ll begin with my colleague, John Fletcher, a senior analyst with S&P Global Market Intelligence to kick in. John leads the Americas research team for broadband, multichannel video and mobile with a focus on how the U.S. can close the broadband digital divide. Just as a hint, LEO satellites are
Business
Herc Holdings' Dip Offers An Entry Point
Herc Holdings' Dip Offers An Entry Point
Business
Earnings call transcript: Visa tops Q3 2026 estimates, raises outlook

Earnings call transcript: Visa tops Q3 2026 estimates, raises outlook
Business
TDAQ: The New Kid On The Nasdaq Block
TDAQ: The New Kid On The Nasdaq Block
Business
Johnson & Johnson agrees to $5.5B settlement over talc cancer claims
Check out whats clicking on FoxBusiness.com.
Johnson & Johnson (J&J) on Monday said it reached a settlement that it would pay an estimated $5.5 billion to settle tens of thousands of lawsuits alleging its baby powder and talc products cause ovarian cancer, which could end years of litigation on the subject.
The company said the proposed settlement would cover about 76,000 claims – including those that have been consolidated in federal court in New Jersey and related cases in state court – to cover nearly all the outstanding claims against J&J.
J&J previously settled most of the cases alleging its talc contained asbestos and caused mesothelioma.
The deal was confirmed by plaintiffs’ law firms on Monday, saying it was a good resolution after a decade-long court battle. The deal has to be accepted by 95% of the ovarian cancer claimants in state or federal court before it becomes final.
JOHNSON & JOHNSON CEO CREDITS TRUMP TAX POLICY FOR $55B US INVESTMENT PUSH, INCLUDING $1B IN FLORIDA

Johnson & Johnson announced a deal to settle talc powder lawsuits. (Lucas Jackson/Reuters)
J&J denied wrongdoing in its announcement of the settlement, saying that the plaintiffs weren’t able to prove their claims that the talc products caused cancer cases and that the settlement is a way of efficiently ending the litigation.
“While we are confident the company would ultimately have prevailed with further litigation, as it has in the vast majority of cases tried to date, this resolution allows the company to put this matter behind it and remain focused on its mission to develop medicines and devices that save lives,” said Erik Haas, worldwide VP of litigation at Johnson & Johnson.
The company expects to pay out $3 billion in 2027 and make further payments in 2028, though the deal could be worth more depending on how many people participate in the settlement.
JOHNSON & JOHNSON TO INVEST $1B IN PENNSYLVANIA MANUFACTURING FACILITY
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| JNJ | JOHNSON & JOHNSON | 266.75 | +0.72 | +0.27% |
Chris Seeger, an attorney who represents about 2,500 clients with talc claims and helped negotiate the settlement, said J&J could ultimately pay $7 billion or more as the settlement doesn’t cap the total payout and rather assigns specific values to qualifying ovarian cancer claims.
Seeger told Reuters in an interview that the plaintiffs “got a fair settlement, and our clients are going to be happy with it.”
The settlement comes after J&J secured a series of courtroom victories, including in individual trials, moves to disqualify plaintiffs’ lawyers and rulings against experts used by plaintiffs. The company won a significant court victory last week when a federal judge cast doubt on individual plaintiffs’ ability to prove that talc specifically caused their ovarian cancer.
TEXAS AG SUES KENVUE, J&J OVER ‘DECEPTIVELY MARKETING’ TYLENOL TO PREGNANT WOMEN

Johnson & Johnson has denied that its talc products caused cancer and said the settlement is a way to end the litigation. (Cristina Arias/Cover/Getty Images)
J&J has long denied that its talc products caused cancer, saying the products were safe and didn’t contain asbestos. It stopped selling talc-based baby powder in the U.S. in 2020 and switched to a cornstarch product.
The company attempted a legal strategy in which shell-company subsidiaries declared bankruptcy in an effort to settle the cases, though that proved unsuccessful.
It had a mixed record when talc cases went to trial, winning some outright and reducing verdicts on appeal, though it was hit with a multibillion-dollar verdict in a case brought by 22 women.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The new settlement only applies to existing claims and doesn’t address future lawsuits. The exclusion of future claims made more money available to current plaintiffs and also accelerated the payments so that all claims will be paid within 18 months instead of being spread out over more than a decade, Seeger said.
Reuters contributed to this report.
Business
Aevex stock rises on $88.1M precision strike system orders

Aevex stock rises on $88.1M precision strike system orders
-
Fashion4 days agoWeekend Open Thread: Brooks Brothers
-
Business7 days agoNew Jersey voter registration controversy explained: How 6,600 noncitizens got on the rolls, and what happens next
-
Tech2 days agoIntel is reversing course and bringing hyper-threading back to its server chips
-
Sports2 days agoCommonwealth Games boxing: Jadumani Singh seals dominant 5-0 win over Pakistan’s Sumama Rehman to enter quarter-finals | Commonwealth Games News
-
Crypto World6 days agoEthics, other provisions in crypto Clarity Act to be further discussed
-
Politics2 days agoLuke Littler dismantles Gerwyn Price to retain title in Blackpool
-
Sports5 days ago2026 3M Open leaderboard: Scottie Scheffler finds putter in Round 1, sits three back
-
Fashion5 days ago16 Dresses for the High Summer Event
-
News Videos2 days agoBITCOIN JUST ENTERED THIS CRITICAL ZONE…
-
Politics14 hours agoThe Part of the Electric Transition Nobody Wants to Discuss
-
News Videos5 days agoThe Peugeot Family: How 200 Years of an “Old Money” Dynasty Died in A Boardroom
-
Entertainment4 days agoA New Post-Apocalyptic Gundam Anime Series Blasts Into SDCC
-
Politics2 days agoSpain sweeps the board at 2026 World Cup with individual awards
-
Crypto World3 days agoRipple bought a bank in pieces. The $4 billion audit
-
Crypto World3 days agoXRP Ledger adds $2.6B as RWA inflows rank second
-
Crypto World5 days agoUniswap (UNI) pushes deeper into tokenized RWAs with permissioned trading pools
-
Tech4 days agoAnthropic launches Claude Opus 5, a cheaper AI model for coding, agents and enterprise workflows
-
Entertainment4 hours ago‘Stargate’ Creator’s New Sci-Fi Series Returns for Season 3 Tomorrow
-
Entertainment3 days agoSara Gilson Killed By Husband After Viral “Pedophile” TikTok Video
-
Crypto World7 days agoSablier Labs Enters Maintenance Mode, Halts Development

You must be logged in to post a comment Login