Anthropic has closed a major funding round valuing the company at $380 billion (NYT). Wall Street is selling off sharply as investors flee software and other sectors seen as vulnerable to AI-driven automation (NYT).

The Justice Department has sued Harvard University over an admissions inquiry (multiple sources). Disney issued a cease and desist to ByteDance over character infringement by its Seedance 2.0 AI model (multiple sources). The Washington Post laid off most of its foreign correspondents and closed several international bureaus including offices in authoritarian countries (WaPo).

At the Munich Security Conference, German Chancellor Friedrich Merz warned that the global rules-based order has collapsed and international freedom is no longer guaranteed (BBC). President Trump pardoned five former NFL players (multiple sources).