Welcome back to AI RADAR! Today, we dive into a massive shift in U.S. AI policy as the **White House abruptly cancels** a sweeping AI safety executive order following pressure from tech billionaires. Plus, the race to the public market heats up: **OpenAI confidentially files for an IPO** targeting a staggering **$1 trillion valuation**, while rival **Anthropic nears a $900 billion valuation** and projects its first-ever profitable quarter. We also touch on Pope Leo XIV's landmark AI encyclical and Nvidia's jaw-dropping $58.3 billion record profit fueled by agentic AI demand. Tune in for all the latest on the business and politics of artificial intelligence!

Sources:
• Forbes: https://www.forbes.com/sites/saradorn/2026/05/22/billionaires-including-musk-and-zuckerberg-stopped-trumps-big-ai-announcement-heres-why/
• WSJ: https://www.wsj.com/tech/ai/openai-ipo-filing-may-come-as-soon-as-friday-2026-05-20
• PYMNTS: https://www.pymnts.com/artificial-intelligence/2026/anthropic-eyes-900-billion-valuation-as-quarterly-revenue-doubles/
• NCR Online: https://www.ncronline.org/vatican/vatican-news/pope-leo-present-his-encyclical-ai-alongside-anthropic-co-founder
• Al Jazeera: https://www.aljazeera.com/economy/2026/5/21/nvidia-posts-record-profit-of-58-3bn-amid-ai-chip-boom