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The Latest Breaking News from OpenAI

Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others think

As Joshua Kushner and Bob Iger close in on a record $12.5 billion Lakers deal, OpenAI CEO Sam Altman once said Kushner makes 'high-conviction bets'.

Fortune

Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex race

Big Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against just $7 bn in free cash flow. Jefferies’ Chris Wood warns that growing reliance on cash-burning AI firms OpenAI and Anthropic could pose a hidden risk.

The Economic Times

Josh Kushner moves into spotlight after stunning purchase of Lakers with partner Bob Iger

Josh Kushner and partner Bob Iger reached a deal this week to purchase control of the Los Angeles Lakers at a valuation of $12.5 billion

The Independent UK

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Massachusetts teen accused of killing mother and brother used ChatGPT

District attorney says Arjun Aravind, 17, used internet and AI to search for fantasy stories regarding killing of his family

The Guardian - US

Buried in OpenAI's latest research: No correlation between AI use and revenue per employee

The AI lab grapples with a question that's existential for its future: Do ChatGPT corporate customers get a clear ROI?

Fortune

'Multi-part case study on China’s media' finds that AI models can't hallucinate away Chinese censorship

New research suggests Chinese state media and authoritarian speech restrictions can shape the answers produced by leading U.S. AI models

Fortune

Anthropic Has Filed For An IPO But Has Not Yet Discussed a Valuation: Report

The company confidentially filed its prospectus with the SEC in June.

International Business Times

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Vantage Data Centers explores IPO at $100 billion valuation or sale, sources say

Vantage, backed by private equity firm Silver Lake and infrastructure investor DigitalBridge Group, could raise around $10 billion and ‌pursue a stock ⁠market listing ⁠at a valuation of about $100 billion, which would make it the largest data center IPO to date, two of the people said. The company may…

The Economic Times

Qwen 3.8 Release Date and How to Be Ready on Day One

If you're tracking Qwen 3.8, the first thing to know is that it isn't out yet. Alibaba announced it on July 19, 2026, but the full model has not shipped on a public API. That leaves builders in a familiar limbo: a promising model is coming, the date is fuzzy,…

inkl

Microsoft retreats in China, but AI boom helps it keep a window open

The year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy activists, but not Bill Gates and Microsoft's then-CEO Steve Ballmer, who suggested Google was overreacting. In the past five years, however, at least 15 Microsoft branch offices…

The Economic Times

Google Search Result Falsely Declares Sam Altman Dead After Wikipedia Page Is Vandalised

Google Search briefly displayed a false death notice for OpenAI CEO Sam Altman due to a vandalised Wikipedia page. The error was quickly corrected after users flagged the misinformation.

International Business Times UK

Sam Altman Says He Was 'Tricked' Into Goldman Sachs Internship, Now It's Helping Take OpenAI Public

Sam Altman, CEO of OpenAI, went from rejecting a Goldman Sachs internship to leading a top AI company now preparing for a potential IPO with Wall Street's help.

International Business Times UK

Google’s DeepMind is having an identity crisis

Hassabis has ceded day-to-day control to DeepMind’s CTO Koray Kavukcuoglu. Here’s what happened.

Fortune

The AI Buildout Is Fueling The Stock Market. It Could Also Be Contributing To Keeping Inflation Stubborn.

The enormous cost of building the infrastructure needed to power it may be adding to inflation before those promised productivity gains arrive.

International Business Times

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International Business Times UK

Sam Altman's Sister Says PTSD Was 'Direct' Result of Alleged Childhood Abuse: Elon Musk Reacts 'Wow'

The legal battle between Sam Altman and his sister over childhood abuse claims sparks reactions from Elon Musk. Discover the implications for OpenAI's CEO amid ongoing litigation.

International Business Times

AI Agents Are Getting Better at Hacking. Cybersecurity Could Be the Next Spending Boom.

A series of recent incidents has intensified concerns about what happens when autonomous AI systems escape controlled testing environments and gain access to real-world computer networks.

The Guardian - US

Lost jobs, inequality, rogue agents: why are we accepting oligarchs’ AI agenda?

The dangers of AI become clearer every day. Why are we still acting as if we have no choice about our future?

Tom’s Hardware

Cerebras shares plunge nearly 20% after missing earnings expectations — hardware sales drop but AI cloud revenue climbs 281%

Cerebras keeps growing, but misses forecast as hardware sales dip amid explosive increase of AI cloud revenue.

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news in one place.

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The Economic Times

Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPO

Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startup’s revenue continues to surge. The Claude maker’s rapid growth, strong demand for AI tools and lofty revenue projections are fuelling bullish expectations despite intensifying competition, regulatory pressure…

TechRadar

11X cheaper than ChatGPT: Tiny 150M model just proved AI doesn't need to "think out loud" to be smart

Pathway’s 150M model achieves 29.5% on ARC-AGI-1 while costing 11 times less than ChatGPT’s comparable reasoning model during inference.

International Business Times

OpenAI Employees Can Email Sam Altman When Work Gets Stuck And Cut Through Bureaucracy

The unusual system can push an employee's problem ahead of other work, highlighting the challenges OpenAI faces as its workforce and operations grow.

Barchart

Dear Cerebras Stock Fans, Mark Your Calendars for August 18

Wedbush analysts are bullish on Cerebras prior to its Supernova event on Aug. 18.

The Economic Times

OpenAI has a secret ‘friction’ email that lets employees complain directly to Sam Altman and top bosses and it has a surprising Jeff Bezos-Amazon connection

OpenAI reportedly has an internal “friction” email that allows employees to flag workplace problems and bureaucratic bottlenecks, with serious issues potentially reaching CEO Sam Altman or President Greg Brockman. The unusual system also has a surprising connection to Jeff Bezos and Amazon’s famous escalation practice.

Tom’s Guide

OpenAI is testing a pay-to-reset limits feature — here’s what it could mean for your ChatGPT usage quota

Based on the info a ChatGPT user found after hitting his usage limit, it looks like OpenAI is testing a feature that lets users pay a fee to get past the time required to reset their quota.

Fortune

Sam Altman thinks working at Goldman Sachs ‘sounds unbelievably terrible now’ and admits he was ‘peer pressured’ into accepting an internship there

Two decades after his application to the bank, OpenAI is recruiting Wall Street veterans and teaching AI to do the work of junior bankers.

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