CoinDesk:
Yuga Labs settles its 2022 lawsuit against artist Ryder Ripps and Jeremy Cahen over their alleged copycatting of its BAYC NFTs; the terms were not disclosed  —  The settlement avoids a trial and ends the dispute over the RR/BAYC NFTs, which claimed to parody Bored Ape Yacht Club, one of the most recognizable NFT brands.

Jack Queen / Reuters:
A DC appeals court denies Anthropic's bid to pause the DOD's supply chain risk designation, after a California judge granted a preliminary injunction in March  —  A Washington, D.C., federal appeals court on Wednesday declined to block the Pentagon's national security blacklisting of Anthropic for now …

Jacob Trefethen / OpenAI Foundation:
The OpenAI Foundation says it is working to finalize over $100M in grants this month, across six institutions, to support and accelerate Alzheimer's research  —  Alzheimer's disease is one of the hardest unsolved problems in medicine, and one of the most devastating.

CNBC:
CFO Sarah Friar says OpenAI will “for sure” reserve shares for retail investors in its IPO, after “strong demand” from individuals in its latest funding round  —  OpenAI plans to reserve a portion of shares for individual investors in what's expected to be a blockbuster initial public offering.

For months, America’s war with Iran has been slowly suffocating the global economy.  In March, Iran closed the Strait of Hormuz — the narrow waterway that links the Persian Gulf’s oil reserves to global markets. As a result, energy prices steadily rose while stock markets and growth forecasts fell. Analysts started warning that, if the […]