The Justice Department will pause the Trump‑era anti‑weaponization fund until a mid‑June hearing, after congressional backlash threatened immigration‑enforcement funding. The move signals a shift in executive policy on AI safeguards.

Anthropic, valued at $1 trillion, files to go public this fall, positioning itself to lead the emerging AI IPO market. Elon Musk’s SpaceX and OpenAI also eye launches, with banks warning that the first to market will shape industry standards.

OpenAI faces a lawsuit claiming its ChatGPT model enabled harmful behavior and harmed minors. The company counters with new protections and better handling of sensitive content. Investors watch as legal risks and regulatory scrutiny grow.

The pause on the fund and the race among AI firms highlight how policy, litigation, and market timing intertwine to determine control over a trillion‑dollar sector.