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The Latest Breaking News from OpenAI

Microsoft makes big AI inroads in China by selling OpenAI models

Microsoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and AI services. Despite US-China AI rivalry and concerns from competitors like OpenAI, Microsoft continues to sell AI models to major Chinese tech firms, fueling rapid revenue growth in the…

The Economic Times

Google Gemini co-lead Noam Shazeer to join IPO-bound OpenAI

⁠In 2024, Google appointed Shazeer to co-lead the development of its Gemini AI model, and he has been credited as key figure behind Gemini's ability to close the gap on OpenAI's ChatGPT.

The Economic Times

SPACs stage comeback as mega IPOs crowd market

Special-purpose acquisition companies are experiencing a resurgence as a wave of blockbuster IPOs creates an opening for smaller firms. This renewed relevance comes as a more mature SPAC market emerges, offering a quicker path to public markets with greater certainty on valuation and timing, especially for companies seeking to avoid…

The Economic Times

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AP Exclusive: Bernie Sanders unveils plan to give the public direct ownership of AI companies

Sen. Bernie Sanders is proposing a plan to give Americans ownership stakes in the country's largest artificial intelligence companies

AAP

OpenAI chief tells G7 to 'not cede responsibilities' to AI giants

At the G7 summit, OpenAI's Sam Altman implored global leaders to take charge of artificial intelligence regulation. He champions the idea that it should be the people, not tech companies, who determine how this transformative technology is utilized.

The Economic Times

‘At Some Point, People Stop Trusting’: Billionaire Mark Cuban Says OpenAI CEO Sam Altman Is ‘All Over The Map’ And Warns ‘That Will Backfire on Him’

Mark Cuban sees some of his younger, brash, establishment-challenging self in Anthropic CEO Dario Amodei. But when it comes to OpenAI CEO Sam Altman, Cuban is far more skeptical.

Barchart

China's Z.ai GLM-5.2 tops OpenAI’s GPT 5.5 model on key benchmarks

Chinese startup Z.ai has launched GLM-5.2, a powerful AI model for complex coding projects. This new large language model boasts a massive 1 million token context window, allowing it to handle extensive software development tasks. GLM-5.2 is available under an open-source license, offering an alternative to proprietary AI systems. It…

The Economic Times

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We cannot let AI frontier models fall into hands of authoritarian regimes: French President Emmanuel Macron

Artificial intelligence frontier models must ‌not ⁠be allowed ⁠to fall into the hands of authoritarian regimes, ⁠but democracies ‌must co-operate on this ⁠topic, said French President Emmanuel Macron as the G7 summit ‌in France drew to ⁠a close.

The Economic Times

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

AAP

China to support IPOs by 'future industry' startups, large model companies

The announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and industrial upgrades. The move also comes as Wall Street is hosting major initial public offerings from SpaceX, OpenAI and Anthropic.

The Economic Times

OpenAI’s balance sheet remains the most mysterious—and consequential—in business

A combination of blogger Ed Zitron and the Financial Times reported that OpenAI’s 2025 financials look, well, pretty rough.

Fortune

'I'm delighted to be wrong about this' — Sam Altman says one of his biggest fears about AI hasn't come true

Sam Altman says AI has not disrupted white-collar employment as quickly as he expected.

TechRadar

'The math doesn't work': Why your $200 AI subscription is secretly worth thousands

New research suggests heavy ChatGPT and Claude users are getting an enormous discount on compute. The catch: the math doesn't work, and the first cracks are already showing.

Tom’s Guide

ChatGPT’s market share dips below 50%: Key AI trends to know

Hit by Google Gemini's continued expansion and Claude's recent growth, ChatGPT's share of the AI assistant market fell below 50% for the first time in March 2026, as per a report published by market intelligence firm Sensor Tower.

The Economic Times

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The Economic Times

Avoid IT, focus on growth: Samir Arora's playbook for next 12 months

Investor optimism is rising on hopes of a US-Iran agreement, potentially easing energy market concerns and geopolitical uncertainty. Helios Capital founder Samir Arora believes peace in West Asia could remove a key market overhang and help control oil prices, with a focus on broader outcomes over deal specifics.

The Economic Times

US Stock Market: ETF issuers rush to capitalise on AI-focused ‘MANGOS’ theme after SpaceX IPO

Two asset managers are seeking regulatory approval for new ETFs tied to the "MANGOS" acronym, a basket of leading AI-focused companies including Meta, Nvidia, Google, SpaceX, Anthropic, and OpenAI. This move follows SpaceX's record IPO, fueling investor enthusiasm for AI-linked stocks and creating a potential successor to the Magnificent Seven…

France 24

Macron invites Trump to Versailles dinner as G7 summit wraps up

The third and final day of the G7 summit focuses on AI and social media, with CEOs from OpenAI, Anthropic and European rival Mistral meeting leaders for lunch on Wednesday. French President Emmanuel Macron has invited his US counterpart Donald Trump to a private dinner at the lavish Palace of…

The Economic Times

Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceX

SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move positions SpaceX strongly in the AI coding tools segment, competing with giants like OpenAI and Anthropic. Cursor, cofounded by Indian-origin entrepreneur Aman Sanger, boasts substantial annual revenue and a…

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Tom’s Guide

SpaceX just spent $60 billion on Cursor — and it proves AI chatbots aren't the future anymore

SpaceX's $60 billion acquisition of Cursor signals a major shift in AI — from chatbots that answer questions to agents that can actually complete work.

International Business Times

Top Microsoft VP Calls On People Not To 'Panic' About AI Taking Job Opportunities

Microsoft President and Vice Chair Brad Smith pushed back against what he described as increasingly alarmist predictions about AI-driven job losses.

TechRadar

People are starting to think ChatGPT is too cheap — and that might be a problem for OpenAI

ChatGPT's expanding capabilities and unchanged subscription price have sparked a debate over whether it's a good deal or headed for a cliff

International Business Times

SpaceX To Acquire AI Coding Startup Anysphere In $60 Billion Deal

SpaceX has agreed to acquire Anysphere, the company behind the coding platform Cursor, in a deal valued at $60 billion.

Fortune

Anthropic’s Fable fiasco leaves the door open for open-source AI, particularly cheaper models from China

“Frontier intelligence should not … be subject to withdrawal by a handful of rules at any moment,” Z.ai, a Chinese AI developer, wrote on social media.

International Business Times

How Hamza Mostafa Went from an Unpaid Internship to OpenAI's First Intern Cohort

Hamza Mostafa's path into frontier artificial intelligence did not begin with a polished resume, a famous research lab, or a direct route into Silicon Valley.

The Economic Times

Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut. The acquisition hands xAI's Grok a foothold in AI coding tools, tapping Cursor's $2 billion annualized revenue and rapid enterprise adoption. Closing is expected in Q3 2026. Now…

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