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The Latest Breaking News from OpenAI

ChatGPT app hits 1 billion monthly active users in record time, data shows

The record comes amid growing competition between Anthropic and OpenAI for dominance in the rapidly expanding artificial intelligence market.

The Economic Times

Microsoft launches its own AI models to take on OpenAI and Anthropic

Seven in-house models unveiled at Build 2026 signal Microsoft's push to cut costs and compete directly on the AI frontier as its biggest investees plan to launch record-breaking IPOs.

Euronews

How much water and power will AI data centres use in Australia? Ironically, we don’t have the data to know

Australia’s data centre rush now rivals the mining boom. OpenAI chief executive Sam Altman last week said Australia could become a “data centre capital of the world”.

The Conversation

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SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise: Report

SpaceX is set to price its IPO at $135 per share, aiming to raise $75 billion and achieve a $1.75 trillion valuation. The company is breaking IPO tradition by fixing the price before investor presentations, with a significant portion allocated to retail investors. Proceeds will fund AI computing and satellite…

The Economic Times

The Trump White House is ready to regulate AI, but it's exactly the wrong body to do so, and its control could become a problem

Donald Trump just signed an executive order that gives the US Government unprecedented control over future AI frontier models. This could be a recipe for disaster

TechRadar

Trump signs AI order giving government access to powerful models

US President Donald Trump on Tuesday signed an executive order creating a voluntary framework under which AI developers will share advanced models with the government before public release. "Voluntary frameworks are not enough, however" and the government must be empowered "to block the release of systems that pose an unacceptable…

The Economic Times

Microsoft seeks to be AI's center of gravity again. CEO Satya Nadella is in San Francisco to make the case.

Software giant revealed a sweep of product announcements at its Build developer conference on Tuesday.

Fortune

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Trump signs executive order establishing oversight of AI models

The order establishes a framework to vet advanced AI's national security risks up to a month before public release

The Independent UK

Bernie Sanders Proposes Public Ownership Stake in Major AI Companies: 'The Wealth It Generates Must Benefit Humanity'

Under the proposal, the government would hold voting shares in major AI firms giving it authority to influence corporate decisions

Latin Times

Trump signs an executive order that invites vetting of top AI models for national security risks

President Donald Trump has signed a new executive order on oversight of artificial intelligence, less than two weeks after postponing a White House ceremony over his concerns that a similar policy could dull America's edge on AI technology

AAP

Mathematicians say 'don't believe hype' on AI capabilities

Mathematicians are urging caution about artificial intelligence claims. Over 150 professors signed a declaration warning governments not to believe the hype surrounding AI's math skills. They highlight commercial incentives to overstate capabilities. The declaration emphasizes guiding mathematical research with human judgment and transparency. Concerns include AI producing incorrect proofs and…

The Economic Times

Trump signs AI order after earlier postponement

President Donald Trump has rolled out a new initiative for AI firms, allowing entities such as OpenAI and Google to present their most sophisticated AI technologies to the government for a period of 30 days ahead of public disclosure. This proactive approach is designed to tackle worries related to AI…

The Economic Times

Cracks Are Forming in Private Credit. The BIZD ETF Is Waving a Red Flag About Where This Market Is Going Next.

The upcoming trio of IPOs from SpaceX, OpenAI, and Anthropic could mark the end of this bullish private credit market cycle.

Barchart

A $5 Billion Reason to Buy Salesforce Stock Now

Salesforce may have stumbled upon a hidden gem as its roughly $5 billion Anthropic stake gains fresh Wall Street attention.

Barchart

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The Guardian - US

Anthropic surges as OpenAI struggles to keep up

Stock market filing illustrates AI company’s meteoric rise, while California’s tech billionaires pour cash into elections

Latin Times

Trump's Pick for Florida Governor Byron Donalds Breaks With Him on AI as State Sues OpenAI

President Donald Trump's preferred candidate for Florida governor has broken with him on one of the fastest-moving fights in American politics: who gets to regulate artificial intelligence. Rep. Byron Donalds, the Trump-backed Republican running to succeed Gov. Ron DeSantis in 2026, said Monday that states should be allowed to take…

Fortune

Anthropic's CFO Krishna Rao is steering one of the most anticipated IPOs ever

With a confidential S-1 now filed, Rao is at the center of a defining moment for Anthropic and the AI industry.

Fortune

Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

Anthropic, the $965 billion AI juggernaut, announced its confidential S-1 filing on Monday.

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International Business Times

Florida Sues OpenAI And Sam Altman Over ChatGPT Safety Risks

Florida has filed what state officials described as the first state-led lawsuit against OpenAI and its CEO, Sam Altman, accusing the artificial intelligence company of misleading consumers about the risks of ChatGPT.

Fortune

I won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies me

The historian behind Lords of Finance has a warning for Silicon Valley: He's seen these numbers before — and they didn't end well.

The Guardian - UK

Google owner Alphabet to sell $80bn in stock to fund AI spending spree

Markets take note as world’s biggest equity fundraiser bids to garner more money than the three biggest-ever IPOs combined

Evening Standard

Anthropic IPO and Alphabet stock offering reminiscent of dot.com bubble – expert

The firm behind the Claude chatbot revealed on Monday it had filed paperwork for an expected 1.0 trillion US dollar IPO.

Euronews

World's most valuable AI start-up Anthropic files for IPO: Five things to know

Anthropic appears to have gained an early lead over OpenAI in the race to go public. Its IPO filing signals that one of the industry's biggest players could become the first major generative AI company to reach public markets.

The Economic Times

Anthropic confidentially files to go public; potential trillion-dollar IPO will test Wall Street appetite for AI companies

If Anthropic’s offer goes ahead, it will test investor appetite for AI companies, which have commanded massive private valuations—both Anthropic and OpenAI are within shouting distance of the trillion-dollar mark.

Fortune

SpaceX is a massive money loser. Soon you’ll be forced to buy it anyway

As SpaceX, Anthropic, and OpenAI line up to go public, S&P Dow Jones is poised to waive the profitability rule that kept Tesla out for years.

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