OpenAI's regulatory moat, and why...
OpenAI's regulatory moat, and why Waystar is fleeing Wall Street

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Today's stories reveal how technological anxiety is reshaping both global policy and corporate finance. While top AI labs like OpenAI and DeepMind use safety pacts to build regulatory moats against open-source rivals, that same AI boom is terrifying public investors and forcing highly profitable software firms like Waystar to seek shelter in private markets. Meanwhile, the US and China carve out a pragmatic $30 billion trade truce that deliberately ignores their ongoing tech war. • US-China Trade: Washington and Beijing negotiate a $30 billion reciprocal tariff cut on energy and agriculture, attempting to curb inflation while keeping advanced tech sectors strictly decoupled. • European Space Race: EU leaders pivot industrial policy to fund continental rivals over US contractors like SpaceX, classifying satellite broadband as a non-negotiable sovere ... 
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