Axios

Apple's leaders, customers and fans are all holding their breath to see whether Trump's gigantic new tariffs will hamstring the iPhone maker.

Why it matters: Steve Jobs and Tim Cook built the most successful and arguably most beloved U.S. company for the last 25 years on a foundation of open trade, particularly with China.

Scammers could well be among those finding creative — and troubling — uses for ChatGPT's new image generator.

Why it matters: Axios' testing of the new image generator found that the tool generates plausible fake receipts, employment offers and social media ads promoting Bitcoin investment.

American University's business school is launching an Institute for Applied Artificial Intelligence in an effort to weave AI into every aspect of the school, the university first shared with Axios.

The big picture: Some colleges and many high schools still ban ChatGPT and other generative AI tools, while others are going all in.

There's been lots of reporting Wednesday on the TikTok situation, with Amazon, AppLovin and even the founder of OnlyFans reportedly throwing their hats into the ring as potential acquirers.

• And a new report that Trump will propose a solution during today's tariff speech.

Christine Hunsicker, the founder and now-former CEO of fashion tech company CaaStle, isn't just being accused of fudging some numbers. It sounds like she may have built an entire Wonka factory.

Zoom in: Axios has learned that Hunsicker last year told prospective investors that CaaStle generated $519 million in 2023 revenue. Audited financials sent on Saturday to shareholders show the actual revenue figure for the year ending Sept. 30, 2023 was only $15.7 million.

President Trump's social media company on Wednesday filed papers with securities regulators that would allow Trump's trust to sell almost 115 million shares of the company's stock.

Why it matters: Truth Social may be hoping for a halo from Newsmax, the conservative media company that went public Monday and saw its stock rise from $10 to $233 in two days.

Google DeepMind is urging a renewed focus on long-term AI safety planning even as rising hype and global competition drive the industry to build and deploy faster.

Why it matters: With better-than-human level AI (or AGI) now on many experts' horizon, we can't put off figuring out how to keep these systems from running wild, Google argues in a paper released Wednesday.

The U.S. will deploy ship-sinking missile launchers in the Philippines this spring as part of a military exercise also involving Australia and Japan.

Why it matters: The planned appearance of the Navy-Marine Expeditionary Ship Interdiction System, or NMESIS, at Balikatan 2025 comes amid games of chicken in the South China Sea.

• Beijing also continues to protest the U.S. Army's Mid-Range Capability, or Typhon, which will be tested fired at Talisman Sabre, another drill, according to Defense News.

Foreign F-16s will be flying with upgraded electronic warfare packages as soon as next year, according to L3Harris Technologies.

Why it matters: The Viper Shield countermeasures are "digital armor" for the warplanes, Travis Ruhl, a director of international business development and former pilot, said in an interview.

• The consequences of electronic warfare are underscored daily in Ukraine, where digital harassment harries surveillance and precision strikes.