Anthropic weighs fundraising for near $1 trillion valuation, FT reports
Anthropic is weighing a new fundraising round that could value the AI startup at close to $1 trillion, per the Financial Times. If completed, it would make Anthropic the highest-valued AI startup in the world, well above OpenAI's $300 billion valuation set in early 2025.
1mo ago · 2 min · Technology
In OpenAI trial, former technology chief says Altman sowed 'chaos,' distrust among top executives
OpenAI's former chief technology officer testified in a legal proceeding that CEO Sam Altman sowed chaos and distrust among the company's top executives. The public testimony adds to existing governance concerns about OpenAI at a time when the company is raising capital and expanding commercially.
1mo ago · 2 min · Technology
Tech drags stocks lower as crude oil tops $110: Markets wrap
Nasdaq 100 futures dropped 0.6% after the Wall Street Journal reported OpenAI missed its user and sales targets, rattling AI-driven tech valuations. Crude oil crossing $110 a barrel added pressure by raising inflation and margin concerns across the broader market.
2mo ago · 2 min · Markets
Pentagon strikes classified AI deals with OpenAI, Google, and Nvidia, but not Anthropic
The Pentagon has cleared OpenAI, Google, Microsoft, Amazon, Nvidia, xAI, and startup Reflection to provide AI tools for classified use, while dropping Anthropic over a supply-chain risk designation.
2mo ago · 2 min · Technology
OpenAI, Amazon Announce Multi-Year Strategic Partnership as Microsoft’s Exclusive Deal Ends
OpenAI announced a multi-year strategic partnership with Amazon and AWS on Monday, bringing its latest AI models to AWS customers. The deal follows OpenAI and Microsoft revising their arrangement to a non-exclusive structure, freeing OpenAI to work with other cloud providers.
2mo ago · 1 min · Technology
Microsoft will no longer have exclusive access to OpenAI's technology
Microsoft is losing exclusive access to OpenAI's technology, ending a preferential arrangement that underpinned its AI push across Azure, Copilot, and Bing. Other companies can now potentially access OpenAI models on equal terms, increasing competition in AI cloud services.
2mo ago · 1 min · Technology
OpenAI breaks off Microsoft exclusivity to free up path for Amazon, Google deals
OpenAI has ended its exclusive cloud deal with Microsoft, opening the door to partnerships with Amazon and Google. The change lets OpenAI spread its computing workloads across competing cloud platforms, potentially cutting costs and boosting its negotiating power. Formal deals with AWS and Google Cloud are expected to
2mo ago · 1 min · Technology
OpenAI shakes up partnership with Microsoft, capping revenue share payments
OpenAI is capping the revenue share payments it makes to Microsoft, reshaping the financial terms of their partnership. The change reduces Microsoft's long-term claim on OpenAI's revenues, which could affect how investors value both companies. The shift follows OpenAI's move toward a for-profit structure announced last
2mo ago · 1 min · Technology
Elon Musk and Sam Altman are going to court over OpenAI’s future
Elon Musk's lawsuit against OpenAI and Sam Altman goes to trial this week, with a jury set to issue an advisory verdict on claims of fraud and breach of charitable trust. The outcome could block OpenAI's IPO, force leadership changes, or alter its corporate structure. OpenAI is valued at over $850 billion and aims to
2mo ago · 2 min · Technology
Microsoft and OpenAI end their exclusive and revenue-sharing deal
Microsoft and OpenAI have ended their exclusive deal and revenue-sharing arrangement, unwinding a core part of their multi-billion dollar partnership. OpenAI can now distribute its models through other cloud providers and partners, reducing Microsoft's privileged commercial position. The full terms of any remaining
2mo ago · 1 min · Technology
Musk and Altman face off in trial that will determine OpenAI's future
A trial opening this week will decide whether OpenAI, under Sam Altman, has illegally abandoned its nonprofit mission by building a for-profit arm. A Musk win could block OpenAI's commercial expansion and remove Altman from the board. The outcome may reshape how AI labs raise and deploy capital.
2mo ago · 1 min · Technology
OpenAI ends its exclusive partnership with Microsoft
OpenAI and Microsoft have amended their partnership, ending Microsoft's exclusive rights to host and distribute OpenAI's models. Azure retains preferred cloud status through 2032, but OpenAI can now work with any cloud provider. The revenue share Microsoft receives is capped and guaranteed only through 2030.
2mo ago · 1 min · Technology
US State Department orders global warning about alleged AI theft by DeepSeek, other Chinese firms
The US State Department has sent a global diplomatic cable urging foreign governments to treat Chinese AI firms, including DeepSeek, Moonshot AI, and MiniMax, as risks tied to alleged unauthorised distillation of US AI models. The move raises pressure on China just weeks before Trump is set to meet Xi Jinping in
2mo ago · 2 min · Global Affairs
OpenAI releases GPT-5.5 and GPT-5.5 Pro in the API
OpenAI has released GPT-5.5 and GPT-5.5 Pro via its API, giving developers and businesses direct access to the new models. API availability is central to OpenAI's revenue model, making adoption rates a key indicator of commercial momentum.
2mo ago · 1 min · Technology
OpenAI Executive Kevin Weil Is Leaving the Company
Kevin Weil, OpenAI's chief product officer and former Instagram VP, is departing the company. OpenAI is simultaneously folding the AI science application he led into its Codex product line, consolidating two separate tracks. No successor has been named.
2mo ago · 1 min · Technology
OpenAI Upgrades Codex With Computer Use, Image Generation Capabilities
OpenAI updated its desktop coding platform Codex with computer use, image generation, native web access, and personalization tools. The additions meaningfully expand Codex beyond code generation into a broader development workflow tool. The rollout begins on macOS, with Windows and IDE support scheduled to follow.
2mo ago · 1 min · Technology
OpenAI Brings Major Codex Update: AI Agent 'Can Now Operate Your Computer'
OpenAI released a major Codex update that enables the AI agent to operate computers directly, use everyday tools, generate images, and learn from past actions. The upgrade positions Codex as a direct rival to Anthropic's Claude Code in the fast-growing autonomous agent category.
2mo ago · 1 min · Technology
Codex for almost everything
OpenAI published a technical post framing Codex as a general-purpose reasoning engine applicable well beyond code generation. The move repositions Codex as a direct competitor to broader LLM deployments, intensifying pressure on Anthropic, Google DeepMind, and Meta in enterprise AI. Developer community engagement was
2mo ago · 1 min · Technology
OpenAI’s big Codex update is a direct shot at Anthropic’s Claude Code
OpenAI updated Codex with computer-use controls, image generation, and memory, allowing it to operate desktop apps in the background while multiple agents run in parallel. The move directly challenges Anthropic's Claude Code in the fast-growing agentic coding tools market. The rollout begins with existing Codex desktop
2mo ago · 1 min · Technology
OpenAI to spend more than $20 billion on Cerebras chips, receive stake, The Information reports
OpenAI has agreed to spend more than $20 billion on chips from Cerebras Systems and will receive an equity stake in the company, The Information reports. The deal is one of the largest chip procurement commitments in AI and signals a diversification away from Nvidia dependence. Terms on deployment timeline were not
2mo ago · 1 min · Technology