Three guys using Anthropic’s Claude hacked into OpenAI and accessed its source code for $6,500 reward

Good morning. On Fortune’s radar today:

• Three guys hacked into OpenAI’s source code for $6,500.
• New jobless claims are remarkably low.
• Markets: Yay!
• The credit market demands a hefty risk premium for holding AI hyperscaler debt.
• The Fed might have another 200 basis points of rate hikes coming.
• Your phone treats you like a ‘zoo animal,’ research shows.

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