World • Geopolitics

The US’ Crude Awakening in Venezuela

President Trump announced a deal giving the US majority control of one-fifth of Venezuela’s oil reserves — about 65+ billion barrels — in an arrangement drawing praise, skepticism, and accusations of corruption in equal measure. Morning Brew

What’s the deal? On Friday, Trump announced the US had struck a deal with Venezuela for majority control of one-fifth of the country’s oil reserves. As part of it, the US will have a direct stake in a private company led by Venezuelan businessman Alejandro Betancourt, which will hold rights to the oil fields for 100 years and become the second-biggest corporate holder of proven oil reserves in the world, behind Saudi Aramco.

Mixed reactions. Trump says the deal will boost the US oil supply and help replenish the Strategic Petroleum Reserve — though that plan faces a Capitol Hill-shaped speed bump since Congress must green-light strategic reserve spending. Some Democrats, including Virginia Sen. Tim Kaine, called the deal “corruption at epic scale,” suggesting it confirms January’s removal of President Nicolás Maduro was motivated by oil rather than drug-trafficking charges. Venezuela’s acting president says the deal will bring tens of billions in investment and thousands of jobs, though hard-liners at home aren’t thrilled with the close US cooperation.

Will it help gas prices? Probably not in the short term — Venezuela’s oil infrastructure will need more than a spit shine to get running again, which could take years.

World • Space

NASA’s New Telescope Could Uncover the Universe’s Secrets

The Nancy Grace Roman Space Telescope launched yesterday atop a SpaceX rocket toward an observation point 1 million miles from Earth. Its field of view is more than 100 times wider than Hubble’s, and it can observe in a month what would have taken Hubble a century. Morning Brew

Sports

The NFL’s First Navajo Nation Player Signs

Undrafted Cowboys rookie Shiyazh Pete made history this preseason as the first member of the Navajo Nation to sign an NFL contract, earning a standing ovation from fans. Dallas released him yesterday, but his agent says he “should get the opportunity to continue developing somewhere.” Morning Brew

AI & Tech • Policy

Court Rejects Pentagon’s Anthropic Blacklist

A federal judge ruled the Pentagon broke the law when it blacklisted Anthropic as a “supply chain risk” in June — a label typically reserved for foreign adversaries that forced Claude offline for nearly a month. Judge Rita Lin said national security isn’t a “blank check” to punish critics. The Rundown AI

Markets: Year-to-Date
NASDAQ26,402.42+13.60%
S&P7,711.76+12.65%
DOW53,559.99+11.44%
10-YEAR4.720%+55.7 bps
BITCOIN$78,708.11-10.06%
MARVELL$216.62+155.28%
Columnist | Daily Dad

This Makes All the Difference Daily Dad

You wish your parents could have been different. Maybe a bit more understanding. Maybe a bit more supportive or loving. Now that you’re older, you hear about other people’s grandparents or their extended family, and you wish you had something like that — that source of wisdom, that network, that place you could always go if you needed something.

Well, that wishing isn’t going to get you far. We only get one go-around on this planet, and that’s how your turn ended up. But there is something you can do instead of wish. You can be.

You can be the kind of parent you wish you had. You can be supportive and loving. You can get your act together. You can provide. You can understand. And as your kids get older, you may well have the opportunity to be the grandparent you wish you had, too — that fun, loving, wise resource you didn’t get.

Wishing gets us nowhere but resentment and frustration. But being? That will make all the difference in the world — for them, and for us.

How To | The Rundown AI

Submit Your iOS App to the App Store with Codex The Rundown AI

Take a mobile app from Xcode to the App Store using ChatGPT Work and App Store Connect — prepare the listing, upload the build, set a price, and submit, without hunting through every screen.

  1. Start with a working app. Tell Codex: “Build this app and send it to App Store Connect.” It will build, archive, and distribute it from Xcode.
  2. Open App Store Connect in Codex’s browser and sign in. Tell Codex to fill the description, upload screenshots, and everything else needed.
  3. Complete the App Review contact, age-rating, and content-rights fields, then select the build. Review each answer before continuing.
  4. Set a price in App Store Connect, then click “Add for Review.” Fix any flags, then click “Submit for Review.”

Pro tip: For a subscription or one-time premium upgrade, ask Codex to add Apple’s StoreKit framework, then set up the product in App Store Connect.

Community AI Workflow

Zan Built a Local Publisher-to-PDF Converter

With Microsoft retiring Publisher on Oct. 1, 2026, reader Zan needed to convert many .PUB files to PDFs without using an online converter. They worked with Claude to build a lightweight local program that searches a chosen drive for .PUB files and converts them to high-quality PDFs, placing each new PDF alongside its source file. Since managing PowerShell permissions manually was cumbersome, Claude also built a batch file to simplify running it. See Zan’s full workflow.

AI & Tech • OpenAI vs. Musk

OpenAI Cuts Out Cursor After SpaceX Acquisition

OpenAI announced it will remove its models from coding platform Cursor by Nov. 12, following the company’s acquisition by Elon Musk’s SpaceX — citing Musk’s history of violating contracts. The Rundown AI Morning Brew

OpenAI said it stretched the wind-down as far as its contract allows via cancellation rights that opened once Cursor was sold, calling the decision “incredibly tough.” Its evidence includes the $2M-a-year deal Musk killed after buying Twitter, plus xAI training on OpenAI’s outputs, which Musk called “partly” true.

  • Anthropic co-founder Tom Brown reaffirmed support for Cursor, with many calling out the company’s similar move against Windsurf over its potential OpenAI acquisition.
  • Musk posted “I couldn’t care less,” while Cursor CEO Michael Truell pushed for a fix, putting OpenAI’s slice of Cursor’s overall usage at just 5%.

Why it matters: Cursor has typically been a neutral coding editor carrying all frontier models for developers to choose from. Now it finds itself in the middle of the Altman-Musk feud — though with xAI’s Grok surge and Cursor’s own model progress, competition might play a bigger role than the politics.

World

Iceland Rejects EU Bid, Trump Targets NBC’s Welker

Two headlines from the weekend’s news cycle: a narrow referendum against joining the EU, and a presidential broadside against a network anchor. Morning Brew

Icelanders voted against resuming EU membership talks, with “no” voters largely concerned that joining would threaten the country’s control of its lucrative fishing industry — a setback for the EU’s push to gain a stronger Arctic foothold. Iceland remains the only NATO member without its own military.

Separately, President Trump called for NBC’s Kristen Welker to be reported to the FCC after she said his endorsement record has “mixed results.” The FCC is legally barred from punishing her, but per CNN’s Brian Stelter, the directive could be used as pretext to target NBC, as happened with ABC after Trump’s criticism of Jimmy Kimmel.

What Else Is Brewing

US Strikes Rocket Launchers in Strait of Hormuz

The US struck two rocket launchers on the Strait of Hormuz yesterday, its first publicly known military action since July. Morning Brew

Google Maps Renames Lake Ontario

Google Maps updated Lake Ontario’s name to “Lake America” for US users, following Trump’s executive order last week. Morning Brew

Aon Nears $17B Deal for USI

Aon is nearing a deal to buy insurance brokerage USI for $17 billion. Morning Brew

Starbucks Pulls a Powder Ingredient

Starbucks removed a powder ingredient from its stores after baristas said it was making them sick. Morning Brew

Curaçao Wins Second Little League Title

Curaçao won its second Little League World Series title, beating US champion Henderson, Nevada. Morning Brew

The Week Ahead

Xi and Putin Meet in Kyrgyzstan

The two leaders are meeting today on the sidelines of the Shanghai Cooperation Organization summit, alongside officials from India, Pakistan, and Iran. Morning Brew

August Jobs Report Drops Friday

Analysts predict a 58,000-job gain, following last month’s surprise 23,000-job loss. The Fed will be watching ahead of its mid-September rate decision. Morning Brew

G20 Finance Officials Meet in Asheville

Treasury Secretary Scott Bessent pushes the administration’s trade policies today and tomorrow at the G20 finance meeting in Asheville, NC. Morning Brew

Earnings on Deck

Palo Alto Networks, Dell Technologies, and Medtronic report tomorrow; Broadcom and Snowflake follow Wednesday. Morning Brew

College Football Kicks Off

Week One of the college football season begins Thursday, with games running through Monday. Morning Brew

AI Roundup

Tencent Releases Hy4 Preview

Tencent released Hy4 preview, a small open-source model nearing top open-model capabilities with particularly strong coding skills. The Rundown AI

Grok Bot Adds Agentic Shopping

xAI’s Grok Bot added shareable bots and agentic shopping through a Link integration, letting agents spend money via a single-use card. The Rundown AI

Z AI Reveals GLM-3.5-Flash

GLM-3.5-Flash was revealed as the mystery “Ox Alpha” model that’s been circulating. The Rundown AI

Fal Sets Up an “Infinite Stream” of AI Video

Fal set up a new infinite stream of AI-generated video, using Minimax H3 Max to generate 5 seconds of output in just 3. The Rundown AI