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The Latest Breaking News from OpenAI

US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investors

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable…

The Economic Times

OpenAI Reportedly Considering Slashing Prices To Compete With Anthropic

OpenAI is considering slashing prices to lure consumers using Anthropic, according to a new report.

International Business Times

AI wealth boom sending San Francisco home prices surging: ‘It’s ridiculous’

Employees at artificial intelligence companies are coming into gargantuan sums of money amid boom in IPOs

The Guardian - US

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Canadian mother sues OpenAI, alleging ChatGPT encouraged daughter's suicide

A Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter's suicide. The daughter reportedly had suicidal thoughts and discussed them with the chatbot multiple times. The lawsuit alleges the AI failed to flag these conversations and instead…

The Economic Times

NYSE Content Update: Visa Announces Payments Partnership with OpenAI

NEW YORK, June 11, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Lance Glinn delivers the pre-market update on June 11thWall Street digests inflation data for a…

AAP

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

EASTON, Pa., June 11, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its unique position across digital assets and strategic investments in leading private technology companies. As of June 10, 2026, at 4:30 p.m. ET, ORBS' holdings…

AAP

OpenAI says suspected fake China-linked accounts tried to sway the debate about US data centers

OpenAI bans China-linked accounts allegedly behind data center propaganda.

TechRadar

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Quote of the day by AMD CEO Lisa Su: "For everything that AI can do, AI can't decide which problems are worth solving" — GenAI is nothing without its human babysitters

AMD CEO Lisa Su stresses AI can’t replace human judgment in critical decisions, especially if it lacks data to reference.

Windows Central

Why Is Canada Banning Social Media For Children? New Bill Would Bar Under-16s From Instagram, TikTok And More

Canada introduces legislation to restrict children under 16 from accessing social media, aiming to enhance online safety and regulate AI chatbots.

International Business Times UK

'Wait... what?' — Lionel Messi’s new ChatGPT World Cup partnership feels like marketing written by AI for people who don’t watch soccer

OpenAI's first major football marketing campaign stars Lionel Messi, but it feels more like a corporate AI pitch than a celebration of the world's most popular sport.

TechRadar

SpaceX is about to make history—and 80% of VCs won't see a dime of it

A live Term Sheet meetup of investors agreed SpaceX, OpenAI, and Anthropic will reward a sliver of venture. But most of the industry will be watching from the sidelines.

Fortune

Kevin O'Leary Says Choosing Between SpaceX, OpenAI, and Anthropic Is a Mistake — Here's Why

Kevin O'Leary advises investors to diversify by buying SpaceX, OpenAI, and Anthropic at their IPOs, treating them like an index. Here's why the 'Shark Tank' star recommends this strategy for AI giants.

International Business Times UK

ChatGPT can now buy things for you after deal with payments giant Visa

Visa has embedded its payment network inside ChatGPT, letting the chatbot independently shop and complete purchases on your behalf.

Euronews

Anthropic vs OpenAI: Behind the bitter battle for the future of AI

The fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rivalry is shaping investor perceptions and establishing key leaders in the AI space. The companies are also clashing over financial reporting methods, with OpenAI questioning Anthropic's revenue recognition.

The Economic Times

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TechRadar

OpenAI signs major Visa deal — so AI agents will soon be able to make payments and purchases for you

Visa payments to be integrated within OpenAI's ecosystem, paving the way for future agentic transactions and bookings.

The Economic Times

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

It is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the internet for a specific item like a digital personal shopper. But the process was prone to errors and was not widely adopted by merchants due to the fee…

Fortune

SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $72-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

The Economic Times

Explained: Why Oracle shares crashed 10% in extended trading despite earnings beat

Oracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans and rising debt concerns. The company’s massive capital raise and infrastructure push raised fears of over-leverage, even as strong revenue growth and bullish guidance highlighted its expanding role in AI cloud…

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The Economic Times

AI gold rush upends San Francisco housing market

In San Francisco, the longtime hub of the US tech sector, fortunes tied to artificial intelligence startups are inflating home prices and fueling a spike in evictions, splitting the city's population into two different trajectories. Whether the home could be bought with shares remains to be seen, but the frenzy…

AAP

Canada bill to ban social media for children under 16

Canada has introduced legislation to bar children under 16 from having social media accounts, joining an Australia-led global effort to tighten online safety.

The Economic Times

OpenAI considers drastic price cuts, anticipating war for users with Anthropic: Report

The ChatGPT-maker confidentially filed for an IPO earlier this week after archrival Anthropic did the same last week. OpenAI CEO Sam Altman had earlier identified rising costs as a huge problem.

The Economic Times

OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centers

The company said its efforts, dating to late 2025 and early 2026, appeared to have had little or no effect, but it is another indication of how central generative AI is ‌becoming in digital ⁠influence ⁠campaigns - even ones aimed against AI companies themselves.

The Economic Times

Oracle's AI spending blows past estimates, raising worries over growing debt

Oracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to ‌position itself as a ⁠major rival ⁠to cloud leaders such as Amazon. com and Microsoft.

AAP

Visa Partners with OpenAI to Power the Next Generation of AI Commerce

SINGAPORE, June 11, 2026 /PRNewswire/ -- Visa (NYSE: V) today announced a strategic collaboration with OpenAI to enable secure Visa payments within agentic commerce, enabling seamless and trusted payments across OpenAI. The companies made the announcement at the Visa Payments Forum in San Francisco. Through the partnership, Visa will provide…

AAP

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

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