TRUMP SIGNS AI ORDER: “SHOW THE GOVERNMENT YOUR MODEL FIRST”POLICY
THE STORY
On June 2, 2026, President Trump signed an executive order titled “Promoting Advanced Artificial Intelligence Innovation and Security,” directing AI companies to voluntarily give the US government a 30-day early preview of frontier models before releasing them to other trusted partners. Federal agencies have until August 1, 2026 to design the framework. The goal: protect national security while keeping the US competitive in the global AI race.
Sources: White House · CNBC
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CHINA’S KIMI CHATBOT CHASES $30B CROWN — 3RD FUNDING ROUND IN 6 MONTHSFUNDING
THE STORY
China’s Moonshot AI, maker of the popular Kimi chatbot, is seeking $2 billion in a new funding round targeting a $30 billion valuation — its third round in just six months. That’s a 7x jump from its $4.3B valuation in December 2024. Kimi’s annual recurring revenue hit $200M in April, and its models now rival OpenAI and Anthropic in benchmarks.
Sources: Bloomberg · TechCrunch
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POPE LEO XIV TO TECH GIANTS: “DISARM AI” OR FACE A NEW INEQUALITY CRISISETHICS
THE STORY
Pope Leo XIV’s first encyclical “Magnifica Humanitas” (May 25, 2026) calls on AI to reduce inequality, protect workers, and prevent technology from concentrating power in the hands of a few dominant companies. He drew a direct parallel to Pope Leo XIII’s 1891 encyclical Rerum Novarum, which defended workers’ rights during the Industrial Revolution.
Sources: Vatican.va · Washington Post