Bring in show music, please.

This is Squawk Pod, and I'm CNBC producer Cameron Costa.

On today's episode, Anthropic is urging its fellow AI labs to agree on a slowdown of

AI development.

Two lawmakers drafting AI legislation weigh in.

California Republican Representative Jay Alburnulty.

They're worried about recursive self-improvement where AI algorithms start training themselves.

And that's why they're saying we need to be very aware of the potential for that.

But the consequences that we're looking out, I'm kind of an AGI skeptic.

I don't think that that's in months.

I think it's in years if it happens at all.

And Massachusetts Democrat, Representative Lori Trahan.

We are just not willing to be relegated to the sidelines while, you know, these companies set the rules of the road.

We are a week out from SpaceX's IPO on the NASDAQ.

Wall Street Journal business columnist Tim Higgins joins us.

Unlike a typical IPO, a larger share of stock is going to be set aside for retail

up to perhaps 30%.

And so Robin Hood should have an allocation, Fidelity, Schwab, and others.

And speaking of SpaceX, the S&P will not be fast-tracking the company's entry into its index,

the S&P 500. But you know who did fast-track it into its own index? The NASDAQ.

NASDAQ has a financial incentive to put it in the index so that they can get the IPO.

The S&P does not.

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