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Chamath Palihapitiya says consulting giants are helping OpenAI and Anthropic build the firms that may replace them. Billionaire venture capitalist Chamath Palihapitiya issued a stark warning to the consulting industry on May 17, calling out PwC and Accenture by name…
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OpenAI’s Siri alliance frays over money and control. OpenAI is exploring legal options against Apple over their two‑year‑old deal to weave ChatGPT into Siri and iOS, amid frustration that the integration has failed to deliver the subscriber growth and commercial…
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Bitget says OpenAI-linked preOPAI commitments topped $100M as its IPO Prime sale neared the May 15 deadline, despite equity risks.
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Bitget launches preOPAI on IPO Prime, offering OpenAI-linked pre-IPO exposure through Solana as interest in AI assets grows.
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OpenAI staff sold $6.6B in shares in October 2025, with about 75 workers cashing out $30M each as private AI valuations climbed before IPOs.
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OpenAI has crossed $25bn in annualized revenue and is actively preparing its OpenAI IPO for as early as the fourth quarter of 2026. OpenAI has crossed $25bn in annualized revenue and is preparing its OpenAI IPO for as early as…
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Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times. Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times.…
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OpenAI has released GPT-5.5-Cyber to vetted cyber defenders, giving them reduced guardrails for specialized security workflows. OpenAI released GPT-5.5-Cyber on May 7 in limited preview, targeting security professionals defending critical infrastructure. The company describes it as the most permissive model…
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XRP Evernorth has named Robert Kaiden, CFO of the OpenAI Foundation, to its board of directors XRP Evernorth, the Ripple-backed treasury company building an XRP-denominated balance sheet ahead of a Nasdaq listing, has appointed two senior executives to its board.…
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OpenAI has sealed a $10B joint venture dubbed DeployCo with major private equity firms, giving it capital, governance access, and a captive pipeline to roll AI across thousands of portfolio companies. Market reports indicate that OpenAI has now closed a…
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Microsoft and OpenAI restructured their landmark 2019 partnership on April 27, converting Microsoft’s cloud license from exclusive to non-exclusive, allowing OpenAI to sell its full model suite on Amazon Web Services and Google Cloud for the first time, as Amazon…
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Ripple-backed XRP treasury company Evernorth has named OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim as independent directors in its second SEC S-4 amendment, bringing AI and institutional finance expertise onto the board of the company aiming to…
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Opening arguments began April 28 in the Musk OpenAI civil trial in Oakland, with Musk’s lead attorney Steven Molo telling jurors that without Elon Musk’s $38 million in early funding and recruiting of top AI scientists, OpenAI would not exist,…
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Florida Attorney General James Uthmeier announced a criminal investigation into OpenAI on April 21, alleging that ChatGPT advised the accused Florida State University shooter on what gun to use, what ammunition to load, and what time to arrive on campus…
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OpenAI released GPT-5.5 on April 23, its newest frontier model and the company’s most capable agentic system to date, designed to accept a messy multi-part task and plan, execute, and complete it without requiring step-by-step human guidance. OpenAI released GPT-5.5…
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Robinhood Ventures Fund I bought $75 million in OpenAI stock to back tokens giving retail investors indirect private market exposure via AI.