OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei addressed the UN Security Council about the dangers of advanced AI. They urged global safety standards to manage risks, warning that poor management could threaten humanity. Altman cautioned that humans may lose control of the future to AI if safeguards are not put in place.
The White House pushed back on those calls. Science adviser Michael Kratsios rejected new global governance rules, saying international talks should not lead to controls that slow AI development. Both OpenAI and Anthropic leaders stressed that no single company or nation can handle AI challenges alone.
On a different front, North Carolina is putting AI to work in disaster recovery. State Treasurer Brad Briner said AI cut the cost of managing Hurricane Helene recovery loans by 90 percent. That efficiency helped deliver nearly $23 million in interest-free loans to local governments in Western North Carolina. Demand for the loans topped $100 million, leaving much of the need unfunded.
Meanwhile, small governments are also adopting AI tools. Sheffield, Alabama, approved a $3,000 purchase of the SuperGrok platform to help coordinate city projects and paperwork. Mayor Bryan Van Devender said the tool assists with tasks but does not replace workers. Every employee can access it, though a human must review anything before it goes out.
In the business world, NVIDIA-backed biotech Iambic Therapeutics filed for a Nasdaq IPO. The company uses AI and robotic labs to speed up cancer drug design. Its lead candidate IAM1363 is in early clinical trials for HER2-altered cancers, with registration trials possible by 2027. Partners include AbbVie, Takeda, and Revolution Medicines.
Deutsche Telekom CEO Tim Höttges warned that Europe risks becoming an AI colony without more investment in AI and cloud infrastructure. Speaking ahead of the company's Investor Day, he said Europe's pace of AI development lags behind the US. The European Union is also preparing its own AI strategy.
JPMorgan upgraded CoreWeave and set a price target of $125 per share, citing strong AI demand and pricing power. The firm pointed to a 33 gigawatt power gap expected by 2030, saying guaranteed power access makes CoreWeave a solid long-term bet.
Everpure stock jumped 11 percent after the company laid out a more aggressive growth plan. It now targets FY28 revenue of $7 to $7.3 billion, implying 39 to 45 percent growth. Shares are up about 90 percent this year, though Zacks rates the stock a Hold due to its premium valuation.
Key Takeaways
- OpenAI and Anthropic CEOs called for global AI safety rules at the UN, but the US rejected new governance that could slow AI development.
- North Carolina used AI to cut recovery loan costs by 90 percent, delivering nearly $23 million in aid despite over $100 million in demand.
- Sheffield, Alabama adopted SuperGrok for $3,000 to coordinate city projects, with humans reviewing all outputs before they are sent.
- NVIDIA-backed Iambic Therapeutics filed for a Nasdaq IPO, using AI and robotics to accelerate cancer drug development with IAM1363 in clinical trials.
- Deutsche Telekom warns Europe is falling behind the US in AI investment and risks becoming an AI colony.
- JPMorgan upgraded CoreWeave to a $125 price target, citing a 33 gigawatt power gap by 2030 and strong AI demand.
- Everpure targets FY28 revenue of $7 to $7.3 billion, up 39 to 45 percent, with shares up 90 percent this year but rated a Hold.
US rejects global AI standards pleas from OpenAI and Anthropic
OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei asked the United Nations for global rules to manage AI risks. They warned that poorly managed AI could threaten humanity and urged common safety standards. However, White House science adviser Michael Kratsios rejected new global governance. He said international talks must not lead to controls that slow down AI development.
OpenAI and Anthropic CEOs warn at UN that AI could be a risk to humanity
The CEOs of OpenAI and Anthropic spoke at the UN Security Council about dangers from advanced AI. Dario Amodei said AI could risk all of humanity if managed poorly. Sam Altman warned people could lose control of the future to AI. They called for global safeguards, while the US said it will not support new global rules that slow AI progress.
Leading AI CEOs warn UN Security Council about risks
Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman warned the UN Security Council about AI risks. Amodei said AI could be a risk to humanity if not developed responsibly. Altman said AI could advance so fast that humans may not be able to intervene. Both leaders stressed that no single company or nation can handle this challenge alone.
AI helped give nearly $23M to Helene recovery says NC treasurer
North Carolina State Treasurer Brad Briner said AI cut the cost of managing Hurricane Helene recovery loans by 90 percent. That helped send nearly $23 million in interest-free loans to local governments in Western North Carolina. The state used AI and automation to track payments and contact borrowers. Demand for the loans was over $100 million, so much of the need remains unfunded.
NC treasurer says AI helped give nearly $23M to Helene recovery
State Treasurer Brad Briner said AI reduced the cost of running Hurricane Helene recovery loans by 90 percent. The state distributed nearly $23 million in interest-free loans to Western North Carolina communities. AI helped state workers manage many loan agreements and stay in touch with borrowers. Briner said the state plans to expand AI use across government operations.
Sheffield Alabama adopts AI tool SuperGrok for city projects
Sheffield Mayor Bryan Van Devender says the city now uses the SuperGrok platform to help organize city projects and paperwork. City Council members voted unanimously to buy the program's highest capacity for $3,000. The city has five grant funded projects happening at the same time. The mayor says AI is a tool to help coordinate tasks and does not replace any human workers. Any employee can access the program, but a human must review everything before it is sent.
AI drug company Iambic files for Nasdaq IPO
NVIDIA-backed biotech Iambic Therapeutics has filed to go public on Nasdaq. The company uses AI and robotic labs to design cancer-fighting drugs faster. Its main drug IAM1363 is in Phase I/Ib clinical trials for HER2-altered cancers and could have registration trials in 2027. Iambic has partnerships with AbbVie, Takeda, and Revolution Medicines. Investors include NVIDIA and the Qatar Investment Authority, and IPO proceeds will fund further development of IAM1363.
Deutsche Telekom warns Europe risks becoming AI colony
Deutsche Telekom CEO Tim Höttges warned that Europe risks becoming an AI colony if it does not invest more in AI and cloud technology. He spoke ahead of the company's Investor Day, where it will discuss plans for increased spending in these areas. Höttges said the current pace of AI development in Europe is too slow compared to the US. The Investor Day will showcase the operator's progress in AI and cloud technologies. The European Union is also preparing its own AI strategy.
AI regulation becomes key campaign issue in Connecticut
Democrats criticized Republican candidate for governor Ryan Fazio for voting against a comprehensive online safety bill. They said his stance blocks AI regulation in the state. Fazio argued that AI should be regulated at the federal level instead. Governor Ned Lamont said states are acting as laboratories of democracy by testing different AI rules. Lamont called children's exposure to AI social media dangerous. The bill included requirements on AI, created an AI policy office, and set limits on AI in employment decisions.
Picus Security hosts summit on AI-driven cyberattack defense
Picus Security announced its Validation Summit 26 focused on cybersecurity validation for AI-driven attacks. The two-hour summit will be broadcast on Oct. 14 for the Americas and Oct. 15 for EMEA and APAC. Cybersecurity expert Mikko Hyppönen will deliver the opening keynote on how AI changes attacker capabilities. The summit will include live demonstrations on testing defenses against real threats. A CISO Fireside Chat will feature security leaders from a fashion brand, the NFL, and Atlassian.
JPMorgan raises CoreWeave rating on AI demand
JPMorgan upgraded CoreWeave and raised its price target to $125 per share. The upgrade reflects strong AI pricing power and growing demand. Lou Basenese highlights a 33 gigawatt power gap expected by 2030. Securing guaranteed power makes CoreWeave a valuable long-term investment.
Everpure stock surges on strong AI growth outlook
Everpure stock spiked 11% after presenting a stronger long-term growth plan at its 2026 Financial Analyst Meeting. The company targets FY28 revenue of $7 to $7.3 billion, representing 39% to 45% growth. Its stock is up nearly 90% this year and over 270% in three years. However, shares trade at a steep premium to peers, leading Zacks to rate it a Hold.
Sources
- US rejects global AI standards pleas from OpenAI, Anthropic
- OpenAI and Anthropic CEOs warn at UN that AI could be a risk to humanity
- CEOs Of Leading AI Companies Warn United Nations Security Council
- AI helped give nearly $23M to Helene recovery says NC treasurer
- NC treasurer says that AI helped give nearly $23M to Helene recovery
- ‘A tool to help’: Sheffield City leaders approve usage of artificial intelligence to help with city projects
- AI drug hunter Iambic files for Nasdaq IPO
- Deutsche Telekom Chief Warns Europe Risks Becoming an AI Colony as Operator Preps Investor Day
- AI Regulation Takes Center Stage As Campaign Issue
- Picus Security Announces Validation Summit ’26 on Cybersecurity Validation for AI-Driven Attacks
- JPMorgan upgrades CoreWeave over strong AI pricing and demand
- Should Investors Chase the AI-Fueled Surge in Everpure (P) Stock?
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