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AXIOS (Nathan Bomey) - "The Amtrak of the skies"? Trump's interventionism comes for Spirit Airlines

Spirit Airlines is in talks with the White House over a potential bailout — a move that could test how far the Trump administration is willing to go to prop up a struggling private-sector company. Why it matters: A bailout would mark the latest in a series of increasingly aggressive examples of economic interventionism on the president's part. Catch up quick: Spirit — a budget airline that's been teetering on the edge of liquidation — is in advanced discussions to borrow up to $500 million from the government, according to a person familiar with the matter. - The deal would likely provide equity warrants giving Uncle Sam a substantial ownership stake in the trouble business — possibly as much as 90%. - "I guess it would be the…

Spirit Airlines is in talks with the White House over a potential bailout — a move that could test how far the Trump administration is willing to go to prop up a struggling private-sector company. Why it matters: A bailout would mark the latest in a series of increasingly aggressive examples of economic interventionism on the president's part. Catch up quick: Spirit — a budget airline that's been teetering on the edge of liquidation — is in advanced discussions to borrow up to $500 million from the government, according to a person familiar with the matter. - The deal would likely provide equity warrants giving Uncle Sam a substantial ownership stake in the trouble business — possibly as much as 90%. - "I guess it would be the…Open

AXIOS (Maria Curi) - Anthropic: No "kill switch" for AI in classified settings

Anthropic says it has no way to control or shut down its AI models once they're deployed by the Pentagon, according to a new court filing. Why it matters: The Pentagon designated Anthropic a supply chain risk , contending the AI firm is inappropriately getting involved in how its technology can be used in sensitive military operations. What's inside: Anthropic argues in the filing to a federal appeals court in D.C. that it has no visibility, technical ability or any kind of "kill switch" for its technology once it's deployed. - The company also says the Pentagon has the opportunity to test models before deployment. Catch up quick: The company's usage policies include no Claude for autonomous weapons or mass surveillance, red lines that…

Anthropic says it has no way to control or shut down its AI models once they're deployed by the Pentagon, according to a new court filing. Why it matters: The Pentagon designated Anthropic a supply chain risk , contending the AI firm is inappropriately getting involved in how its technology can be used in sensitive military operations. What's inside: Anthropic argues in the filing to a federal appeals court in D.C. that it has no visibility, technical ability or any kind of "kill switch" for its technology once it's deployed. - The company also says the Pentagon has the opportunity to test models before deployment. Catch up quick: The company's usage policies include no Claude for autonomous weapons or mass surveillance, red lines that…Open