Papal ruler, Medici scion, Fifth Council of the Lateran veteran
OpenAI has submitted a confidential S‑1 to the US Securities and Exchange Commission for a potential IPO, joining Anthropic and SpaceX in what could become a wave of blockbuster listings. The company has not set timing or deal terms and says it may remain private while it completes plans that are easier offline.
Anthropic has confidentially filed for an IPO as it benefits from a fundraising round that valued the company at $965 billion. The move comes as revenue growth remains strong, though questions linger about near-term profitability and the pace of AI deployments across industries.
The Vatican Museums have launched a five-year, $5.5 million restoration project for the Raphael Loggia, a pinnacle of Renaissance figurative art. The effort, supported by the World Monuments Fund and funded by the Stephen A. Schwarzman Foundation, will use laser cleaning and new sun-filtering glass as part of a broader preservation plan.
A string of strikes and counterstrikes across the region has escalated the Iran-US confrontation. The U.S. and its allies have targeted Iranian military targets and shipping infrastructure, while Iran and its allied groups threaten to disrupt global energy routes through the Strait of Hormuz and Bab el-Mandeb. The crisis has drawn in regional powers and raised questions about safeguards for global oil flows.
Tensions in the Strait of Hormuz have intensified as US and Iranian strikes resume, targeting military and shipping assets across Iran, Kuwait, Jordan and Bahrain. Iran claims attacks on US bases and allied facilities; CENTCOM reports strikes aimed at degrading Iran’s ability to threaten commercial shipping. Oil markets react to the disruption.