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AI & Enterprise

Sam Altman sees AI race endgame in international oversight, industry consolidation or dominance by one company

OpenAI CEO Sam Altman (샘 알트먼) has outlined three scenarios for how competition in advanced artificial intelligence could end: permanent supervision by an international watchdog, consolidation among leading companies, or overwhelming dominance by a single company. He has cited a model similar to the IAEA and pointed to industry efforts to create a Frontier AI standards body. Debates over slowing development have triggered an antitrust lawsuit as OpenAI and rivals compete to raise funds.

Industry

Trump moves to review power generation permit, again stalling offshore wind project

The Donald Trump administration is seeking to re-examine approvals for Revolution Wind, a large offshore wind project that has already begun supplying electricity. The U.S. Interior Department asked a federal court to send the matter back to the agency so it can review the construction and operations plan approval. The move stems from a lawsuit filed by anti-wind group Green Oceans. Connecticut criticised the action, saying it undermines power stability and investment predictability.

Crypto

Celsius founder Mashinsky permanently barred from crypto industry in New York settlement

New York state has permanently barred Alex Mashinsky, former CEO of bankrupt crypto lending platform Celsius Network, from the securities, commodities and cryptocurrency industries. The settlement also includes a $35 million penalty that applies only if specific conditions are not met. Court documents say Mashinsky has already accepted a federal forfeiture order of $48,393,446. Regulators including the FTC and CFTC have also imposed bans and penalties, while an SEC lawsuit remains ongoing.