AI isn’t killing jobs yet—CEOs are using layoffs to fund a $2.5 trillion arms race

• In today’s CEO Daily: Diane Brady tackles one of the most urgent questions of the day.
• The big leadership story: Anthropic v. U.S.
• The markets: Up globally, buoyed by Trump’s remark that ‘the war is very complete, pretty much.’
• Plus: All the news and watercooler chat from Fortune.

Good morning. Is AI really killing U.S. jobs?

Brad Conger doesn’t think so. As the chief investment officer of Hirtle Callaghan asserts to my colleague Shawn Tully...