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Today: June 24, 2026
Today: June 24, 2026

OpenAI

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OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructure

By Max A.

OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructure
Business|Economy|Finance|Stock Markets|Technology

Cerebras sinks 14% as full-year margin forecast disappoints

Cerebras shares tumbled about 14% before the bell on Wednesday after the chip designer warned that annual profit margins would undershoot first-quarter figures in its debut

Cerebras sinks 14% as full-year margin forecast disappoints
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How SK Hynix's bet on a niche memory chip made it more valuable than Samsung

SK Hynix's overtaking of Samsung Electronics to become South Korea's most valuable firm was the culmination of 14 years of bets that brought

How SK Hynix's bet on a niche memory chip made it more valuable than Samsung
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Cerebras shares drop on earnings debut, with margins below AI chip rivals

Cerebras Systems in its debut report as a public company forecast full-year profit margins would drop below the first-quarter figures and lag levels

Cerebras shares drop on earnings debut, with margins below AI chip rivals
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Meta is now designing its own, cheaper AI smart glasses

Meta is now designing its own, cheaper AI smart glasses

Meta is now designing its own, cheaper AI smart glasses
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IBM partners with OpenAI on enterprise security AI

IBM on Monday said it has partnered with OpenAI to integrate frontier AI capabilities into enterprise security workflows, aiming to counter rapidly evolving cyber threats.

IBM partners with OpenAI on enterprise security AI
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Three ways Trump could get a stake in AI firms for the US 

U.S.

Three ways Trump could get a stake in AI firms for the US 
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Google Gemini co-lead Noam Shazeer to join IPO-bound OpenAI

Noam Shazeer, a vice president of engineering at Google and co-lead of its Gemini artificial intelligence models, said on Wednesday that he will leave the company to join IPO-bound

Google Gemini co-lead Noam Shazeer to join IPO-bound OpenAI
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A New York House primary has become an AI industry family feud with millions in corporate spending

New York Democratic Assemblyman Alex Bores is running for Congress, and the tech industry is deeply involved

A New York House primary has become an AI industry family feud with millions in corporate spending
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SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk’s space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week

SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI
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SoftBank launches cybersecurity product based on OpenAI models

Japan’s SoftBank Group has launched a cybersecurity product designed to counter breaches enabled by artificial intelligence, the company said on Tuesday.

SoftBank launches cybersecurity product based on OpenAI models
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OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports

OpenAI spent $34 billion last year to dominate the booming AI market ahead of its planned IPO, the Financial Times reported on Monday.

OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports
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SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days

In the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days
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US judge dismisses Musk's xAI trade secret lawsuit against OpenAI

A federal judge dismissed a lawsuit on Monday by Elon Musk's artificial intelligence company xAI that accused rival Sam Altman's OpenAI of stealing trade

US judge dismisses Musk's xAI trade secret lawsuit against OpenAI
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OpenAI hit with multistate probe into possible user harm as its IPO looms

OpenAI received a subpoena from several states as part of a probe into the safety of customers using its chatbot as it prepares to offer stock to the public for the first time

OpenAI hit with multistate probe into possible user harm as its IPO looms
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With smooth SpaceX debut, Wall Street sets new template for mega IPOs  

A collective sigh of relief swept across Wall Street after trading for SpaceX’s landmark Nasdaq launch went smoothly,

With smooth SpaceX debut, Wall Street sets new template for mega IPOs  
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Elon Musk's SpaceX kicks off mega IPO wave with $75 billion haul

Elon Musk's SpaceX began trading on Nasdaq on Friday after the rocket and satellite maker raised $75 billion in its initial public offering, shattering records and eclipsing Saudi

Elon Musk's SpaceX kicks off mega IPO wave with $75 billion haul
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Mother sues OpenAI, alleging ChatGPT encouraged daughter's suicide

A Canadian mother sued OpenAI and its CEO Sam Altman in U.S. court on Thursday alleging that ChatGPT encouraged her daughter to commit suicide, the latest

Mother sues OpenAI, alleging ChatGPT encouraged daughter's suicide
Business|Economy|Science|Technology

Anthropic v. OpenAI: Behind the bitter battle for the future of AI

If not for the intense rivalry between Anthropic and OpenAI, the generative AI boom might not have arrived so quickly.

Anthropic v. OpenAI: Behind the bitter battle for the future of AI
Business|Economy|Technology

OpenAI considers drastic price cuts, anticipating war for users with Anthropic, WSJ reports

OpenAI is considering drastically reducing the prices it charges users as it seeks to win customers from its competitor Anthropic, the Wall Street Journal reported on Wednesday,

OpenAI considers drastic price cuts, anticipating war for users with Anthropic, WSJ reports
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OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centers

Chinese propagandists have been trying to use OpenAI's flagship chat to gin up opposition to Donald Trump's tariffs and intervene in American debates over data centers

OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centers
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Anthropic pledges $200 million to research AI's economic impact as CEO suggests job loss solutions

Anthropic has joined calls for the AI industry to find ways to cushion people from AI's disruptions to the workforce

Anthropic pledges $200 million to research AI's economic impact as CEO suggests job loss solutions
Business|Economy|Technology

Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users

Visa is embedding its payment network into ChatGPT, allowing the chatbot to shop and complete transactions for users

Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users
Business|Economy|Finance|Stock Markets|Technology

OpenAI expects to go public 'within the next year,' the Information reports

OpenAI CEO Sam Altman told staff in a message earlier this week that he expected the AI startup to go public "within the next year," The Information reported on Wednesday.

OpenAI expects to go public 'within the next year,' the Information reports