The CME 'FedWatch' tool indicates a 99% probability that the Federal Reserve will maintain its current interest rates through June, according to ChainCatcher. There is a 1% chance of a cumulative rate cut of 25 basis points. Similarly, the probability of the Fed keeping rates unchanged through July is also 99%, with a 1% chance of a 25 basis point reduction.

U.S. Congress is pressing the White House to respond to escalating AI cybersecurity threats, according to Axios. Lawmakers are calling on the administration to tackle risks associated with advanced AI network models, such as Mythos from Anthropic.

OpenAI has expressed support for establishing a global governance body for artificial intelligence, led by the United States and including China as a member. Bloomberg posted on X, highlighting comments from a top executive at OpenAI ahead of U.S. President Donald Trump's significant meeting with Chinese President Xi Jinping. The proposal aims to foster international cooperation in AI development and regulation, addressing concerns over technological advancements and their implications. OpenAI's stance underscores the importance of collaborative efforts in managing AI's global impact.

Code4rena has announced plans to gradually wind down its operations. According to NS3.AI, Immunefi will assume responsibility for Code4rena's bug bounty clients and security researchers. Code4rena assured that its ongoing audit contests and bug bounty programs will proceed without interruption. Immunefi will assist in transitioning the bounty scope, rules, and reward structures.

The United Arab Emirates (UAE) has denied reports of a visit by Israeli Prime Minister Benjamin Netanyahu or the reception of an Israeli military delegation, according to a statement from the UAE Ministry of Foreign Affairs on May 14. According to Odaily, the UAE emphasized that its relations with Israel are conducted transparently within the framework of the publicly announced Abraham Accords, and not based on any unofficial or opaque arrangements. The statement clarified that any claims of undisclosed visits or arrangements are unfounded unless officially announced by UAE authorities. On the evening of May 13, the Israeli Prime Minister's Office released a statement claiming that Prime Minister Netanyahu had secretly visited the UAE during the "Roaring Lion" military operation and met with UAE President Mohammed. The statement described the visit as a historic breakthrough in relations between Israel and the UAE.

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eBay has firmly rejected GameStop’s ambitious $55.5 billion to acquire the company, dimissing the offer as "neither credible nor attractive" and reigniting intense debate over whether GameStop's growing Bitcoin strategy can realistically sustain itself.

Meta Platforms is offering rival AI chatbots one month of free access to WhatsApp in Europe to address antitrust concerns raised by the European Commission. The move aims to avoid a potential fine of up to 10% of its global revenue while both sides try to reach a quick agreement.

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