Clintons Agree to Testify in Epstein Investigation as U.S. Withholds Support From Global AI Safety Report
Former President Bill Clinton and former Secretary of State Hillary Clinton agreed to testify in a House investigation into convicted sex offender Jeffrey Epstein, according to NPR News, on Monday. This development occurred ahead of a potential contempt of Congress vote, as reported by the Associated Press. Meanwhile, the United States declined to support the second International AI Safety Report, published Tuesday, according to Time.
Rep. James Comer, chairman of the House Oversight panel, stated that an agreement with the Clintons had not yet been finalized, according to NPR News. The investigation into Epstein continues to unfold amidst ongoing scrutiny of his activities and associations.
In other news, the second International AI Safety Report, guided by 100 experts and backed by 30 countries and international organizations, including the United Kingdom, China, and the European Union, was released, according to Time. The report highlighted that artificial intelligence is improving faster than many experts anticipated, and the evidence for several risks has grown substantially. Yoshua Bengio, the report's chair and Turing Award-winning scientist, confirmed that the United States did not throw its weight behind the report this year, unlike last year, according to Time. The report is meant to set an example of working together to navigate shared challenges.
In the energy sector, Devon Energy announced it would acquire Coterra Energy for nearly $26 billion, according to Fortune. The all-stock merger of near equals creates the largest oil and gas producer in the western lobe of the booming Permian Basin, specifically the Delaware Basin in west Texas and south, according to Fortune. Devon Energy CEO stated that the "stars align" for the acquisition, according to Fortune.
Oracle opened the day higher on plans to raise 50 billion for AI infrastructure. It closed lower after reminding investors who that infrastructure is for, according to Fortune. The company said Sunday night that it planned to raise up to 50 billion in debt and equity during the 2026 calendar year to fund additional data center capacity for its cloud customers, according to Fortune. The markets initial reaction was favorable, with Oracle shares rising about 2 in early trading, as investors took the announcement as confirmation that demand for AI infrastructure remained strong and contracted, according to Fortune.
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