
OpenAI's $122B Round Adds Retail Access Before IPO
OpenAI closed its funding round at $122 billion and $852 billion valuation on March 31, with $3 billion going to retail investors via banks for the first time.
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OpenAI closed its funding round at $122 billion and $852 billion valuation on March 31, with $3 billion going to retail investors via banks for the first time.

Governor Newsom signed EO N-5-26 on March 30, requiring AI vendors seeking California state contracts to certify safeguards on privacy, bias, and civil liberties - directly countering the Trump administration's push to strip state AI authority.

South Korean AI chip startup Rebellions has closed a $400M pre-IPO round at a $2.34B valuation, with the government's Korea National Growth Fund leading Seoul's first direct bet under its K-Nvidia initiative.

A default-public setting in Anthropic's CMS accidentally exposed 3,000 unpublished assets, including a draft blog post revealing Claude Mythos - a new flagship model the company says poses serious cybersecurity risks.

Microsoft's Harrier-OSS-v1 family delivers three MIT-licensed multilingual embedding models, with the 27B variant claiming top spot on Multilingual MTEB v2 at 74.3.

IBM Research, Red Hat, and Google Cloud donated llm-d to the CNCF at KubeCon EU, giving Kubernetes a production-grade distributed LLM inference framework built on vLLM.

The 15-person startup that launched an H100 GPU into space last November just became the fastest Y Combinator company ever to reach unicorn status.

OpenAI is shutting down its Sora video app and killing a $1B Disney deal as it pivots aggressively toward enterprise clients ahead of a public listing.

Apollo-owned Yahoo has launched Scout, an AI answer engine powered by Anthropic Claude, deploying it to 250 million US users as a direct challenge to Google, Perplexity, and ChatGPT.

GitHub Copilot inserts promotional tips for itself and Raycast into PR descriptions, with over 11,000 affected pull requests found across GitHub and GitLab.

HuggingFace's Transformers.js v4 rewrites its WebGPU runtime in C++, supports 200+ architectures, and delivers up to 4x faster inference in browsers and server-side JS runtimes.

Physical Intelligence is in talks to raise $1 billion at an $11 billion valuation, doubling in four months, as investors pour capital into AI software designed to run robots in the real world.