Dan Schwartzman

Norway with 12.

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I'm Dan Schwartzman and this is Bloomberg.

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Israeli Prime Minister Benjamin Netanyahu has proposed terms for President Trump for a de-escalation deal with Iran ahead of its nuclear talks tomorrow in Switzerland.

Israel says the Islamic Republic should not possess enriched material or nuclear enrichment capabilities.

Netanyahu also suggesting limiting Iran's range of ballistic missiles.

Meanwhile, President Trump's newly created Board of Peace is expected to meet in Washington this week to talk about rebuilding Gaza.

Trump says members will discuss $5 billion worth of commitments, even though some reports estimate construction could cost up to $70 billion.

Axios reports that Defense Secretary Pete Hegsteth is on the verge of cutting business ties with Anthropic and designating the AI company a, quote, supply chain risk, meaning that others wanting to do business with the military would have to cut ties with Anthropic.

The company's CEO wants to ensure its clawed AI model is not used to spy on Americans en masse or used to fire weapons without humans.

Anthropic and the Pentagon have held talks for months on the terms under which the military can use the software, with Claude currently the only AI model available in the military's classified systems.

Secretary of State Marco Rubio is making the rounds in Eastern Europe, meeting with Hungarian Prime Minister Viktor Orban in Budapest.