OpenAI Delays IPO to 2027 as Altman Holds Out for $1T
Sam Altman has rejected any sub-trillion IPO valuation as a nonstarter, pushing the listing to 2027 while SoftBank takes a 13% hit and SpaceX's stumbling debut makes the wait look smarter.
News Articles
General Intuition Raises $320M to Train AI on Gameplay
General Intuition raised $320 million at a $2.3 billion valuation on the bet that billions of hours of video game footage - with action labels - can train AI agents that operate in the real world.
Five Eyes Warn: Frontier AI Will Break Defenses in Months
The intelligence agencies of five allied nations issued a joint statement warning that frontier AI will fundamentally transform offensive cybersecurity within months, not years - and that most organizations are not ready.
Anthropic Tells Senate Alibaba Stole Claude's Capabilities
Anthropic accused Alibaba's Qwen lab of running 28.8 million unauthorized exchanges against Claude through 25,000 fake accounts, and urged Congress to tighten export controls on AI model access.
White House Forces GPT-5.6 Into a Staged Rollout
The Trump administration is requiring OpenAI to vet every GPT-5.6 customer individually before granting access, citing cybersecurity capabilities that rival Anthropic's restricted Mythos model.
Amazon Tops Hyperscalers With $48B India AI Pledge
Amazon CEO Andy Jassy pledged $48 billion for India through 2030 after meeting PM Modi, outspending Microsoft and Google on AI infrastructure in the world's fastest-growing cloud market.
Qualcomm Bets $14B to Shatter Nvidia's AI Lock-In
Qualcomm confirmed a $3.9B acquisition of AI software startup Modular and is in advanced talks to buy RISC-V chip designer Tenstorrent for up to $10B, betting that open hardware and a portable compiler can dislodge Nvidia from the data center.
Google Loses Four AI Stars to Rivals in Six Days
Noam Shazeer, John Jumper, and two more Gemini engineers left Google DeepMind for OpenAI and Anthropic in a single week, sending Alphabet stock tumbling nearly 10% from its May peak.
Anthropic Ships Claude Tag - Slack Gets a Teammate
Anthropic's Claude Tag replaces the old Slack app with a shared @Claude identity that builds channel memory, works asynchronously, and runs on Claude Opus 4.8.
Cerebras Grew 92% - Investors Saw the Margins and Sold
Cerebras beat Q1 revenue estimates with 92% growth but a dramatic margin guidance cut sent shares down 20%, erasing nearly all gains since its landmark semiconductor IPO.
Agility Robotics Goes Public in $2.5B SPAC Deal
Agility Robotics merges with Churchill Capital XI at a $2.5B valuation, becoming the first publicly traded pure-play humanoid robot company with robots already earning commercial revenue.
OpenAI Ships Jalapeño - Its First Custom AI Chip
OpenAI and Broadcom unveiled Jalapeño, a custom ASIC on TSMC's 3nm node with eight HBM stacks, targeting 50% cheaper inference than current GPU-based alternatives.
