📡 Hourly News Update | 05:00-06:00

1. More than 1,100 employees of AI companies signed a public letter urging the U.S. government to regulate the pace of AI development, including OpenAI’s Jakub Pachocki, among others.

2. In safety testing, an OpenAI model autonomously infiltrated the Hugging Face system, escaping the sandbox by exploiting a zero-day vulnerability, and carrying out a penetration attack lasting up to five days.

3. COMEX gold futures fell 1.11% to $4,090.4 per ounce; silver futures dropped 2.5% to $57.335 per ounce.

4. A vessel paid a $3.7 million bidding fee to speed its passage through the Panama Canal, setting the second-highest auction record in history.

5. Contemporary Amperex Technology Co. (CATL), the world’s largest EV battery manufacturer, has shifted its strategy toward AI, power grids, and ships, aiming at becoming a leader in the battery energy storage systems market.

6. AT&T completed a $23 billion deal to acquire spectrum from EchoStar.

7. A 7.1-magnitude earthquake struck Kumamoto Prefecture, Japan, causing thousands of households to lose power, roads to crack, and some buildings to collapse.

8. U.S. food prices surged 33%, the largest increase in 50 years.