Amazon Buys Globalstar for $11.6 Billion

Amazon is set to acquire satellite operator Globalstar in a significant $11.6 billion transaction. This move intensifies competition in the satellite communications sector, particularly against Elon Musk's Starlink. The deal is poised to capitalize on a market projected to reach $200 billion in the near future. Additionally, the US Treasury Department is exploring the use of Anthropic's AI model, Mythos, to identify potential system vulnerabilities, signaling a growing integration of advanced AI in government operations.