Ed Kalegi

OpenAI has agreed to deploy its own artificial intelligence models within the Defense Department's classified network after rival Anthropic saw its relationship with the Pentagon implode over surveillance and autonomous weapons concerns.

OpenAI Chief Executive Officer Sam Altman said late Friday that he'd reached an agreement with the department that reflects the firm's principles that prohibit domestic mass surveillance and require human responsibility for the use of force, including for autonomous weapon systems.

Ed Kalegi, Bloomberg Radio.

We'll bring you the latest headlines, in-depth analysis, and big interviews.

News when you want it with Bloomberg News Now, I'm Ed Kalegi.

Iranian state TV is now also saying that Supreme Leader Ayatollah Ali Khamenei is dead.

Earlier, President Trump posted on social media, on Truth Social, the death of Ali Khamenei, adding that the heavy and pinpoint bombing, however, will continue uninterrupted throughout the week or as long as necessary.

Killing the ruler who dominated the Islamic Republic for more than three decades took the U.S.-Israeli campaign

to quash Iran's regional power to a new level, even as Iran retaliated with strikes on U.S.

allies in the oil-rich Middle East and threatened tanker traffic through the Hormuz shipping strait.

Iran's semi-official Fars news agency said Trump's claim was denied by sources close to the Supreme Leader's office.

OPEC will consider a larger supply increase when key members meet Sunday following U.S.

and Israeli airstrikes on targets in Iran.

We get more from Bloomberg's Monica Ricks.

Adding to Monica's report, oil shipping has largely paused in the Strait of Hormuz that links the oil-rich Persian Gulf to the open seas after the U.S.

and Israel bombed Iran, with Iranian media saying the waterway is practically closed.

Ships reported hearing a radio broadcast reporting to come from the Iranian Navy announcing that transit through the waterway was banned.

There's been no formal announcement from Tehran about the status of the strait, which is crucial for the flow of oil and gas.

But several tankers that had been heading toward Hormuz turned around in recent hours.

A large number had already paused to wait near the entrance to the waterway after the bombing started.