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Saudi pipeline shutdown is testing oil markets’ nerves

Drone damage forced Saudi Arabia to suspend its vital East-West pipeline, exposing the fragility of export routes outside the Strait of Hormuz. Traders are now weighing visible fire damage against competing estimates of how long repairs will take.

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OpenAI Delays Its IPO as Altman Says Safety Must Win

Sam Altman says OpenAI will not go public in 2026, arguing the company needs room to put alignment and control ahead of shareholder demands. The decision lands amid sharper warnings from inside the AI industry that the race is outrunning its safeguards.

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OpenAI Investors Explore Another Funding Round

OpenAI investors have approached the company about a new funding round, although the company was reportedly not actively engaged in discussions. The reported proposals follow OpenAI's earlier record-setting financing.

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SK Hynix’s U.S. Chip Push Could Hand Intel a Crucial Foundry Win

SK Hynix is exploring U.S. memory-chip production with Intel, but the talks remain preliminary and could face scrutiny in South Korea over sensitive technology. A deal would bolster Intel’s foundry ambitions and Washington’s push for domestic semiconductor capacity.

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