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The Latest Breaking News from OpenAI

Wedbush Thinks Cerebras Stock Is Ready for More Upside as CBRS Debuted at Just the Right Time

Fresh off one of the hottest IPOs in years, Cerebras is winning over Wall Street as Wedbush bets the AI upstart's best days are still ahead.

Barchart

Why Needham Analysts Think Cerebras Stock Can Gain Another 25% After Historic IPO

Needham sees more room for Cerebras to climb as its AI chip edge, and high-profile partnerships strengthen the growth story.

Barchart

FTSE 100 down as Asia-focused financials struggle

Oil prices also fell after US President Donald Trump said negotiations over a peace deal to end the Middle East war were in their final stages.

Evening Standard

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One Altman Company Files for IPO, Another Cuts Staff — Leaked Memo Reveals Layoffs at $2.5 Billion Orb Startup

Sam Altman's OpenAI files for IPO, while Tools for Humanity faces layoffs and privacy concerns, affecting its revenue and operations.

International Business Times UK

Palantir CEO Alex Karp says executives who brag about their AI cuts might as well 'sign up for the Bernie Sanders manifesto'

Billionaire Palantir CEO Alex Karp has a message for Silicon Valley executives touting AI-driven job cuts: Don’t be surprised if workers turn against you.

Fortune

The Gulf states are betting big on AI: who’s investing where?

Gulf states are now frontrunners in the AI race but competition will only intensify.

Fortune

AGI for all among OpenAI’s ambitions for its next phase

OpenAI is entering a new phase to make advanced AI widely available and affordable. The company plans to build AI researchers to accelerate scientific discovery and provide every person with a personal AGI system. This move aims to boost productivity and economic growth. Meanwhile, rival Anthropic calls for a slowdown…

The Economic Times

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Zepto's market position; TCS' AI verdict at AGM

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.

The Economic Times

Apple Stock Plummets as Insider Warns Siri AI Delay Could Push 'Real Version' to 2027 With EU and China Banned

Apple shares fell after WWDC 2026 as the long‑awaited Siri AI launch arrived with no firm release date and no immediate support in the EU or China, raising doubts over its AI strategy.

International Business Times UK

All signs point to Trump pushing AI growth

Also: Anthropic advocates for a ‘pause’ on AI advancement – days after filing to go public on the US stock market

The Guardian - US

Following the Post-IPO Quiet Period Expiration, Here’s Why Cerebras Stock Is Moving Higher

With the post-IPO quiet period behind it, Wall Street is finally weighing in on Cerebras, and a wave of bullish analyst calls is giving investors fresh reasons to pay attention to CRBS stock.

Barchart

Why Anthropic’s closed approach may be safer than OpenAI’s

Is Anthropic’s more closed approach to cybersecurity safer than OpenAI’s?

TechRadar

OpenAI Confidentially Files IPO Draft As Tech Race Gains Steam

OpenAI said it has confidentially filed a draft IPO but claimed there is no timeline to go public.

International Business Times

OpenAI IPO: Date, share price, valuation, timing and all details investors need to know

OpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 billion. Microsoft owns 27% of OpenAI's for-profit business. The Elon Musk legal battle is largely behind it. Now Wall Street faces a historic question: how much is the future…

The Economic Times

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TechRadar

I sent an email without opening Gmail thanks to ChatGPT's new feature — then I found the catch

ChatGPT can now send emails directly from within a chat, and the experience feels surprisingly futuristic — but after testing it myself, I found one big missing feature.

International Business Times UK

Anthropic and OpenAI Face a Six-Month Test — Perplexity CEO Says 'Then It's a Problem for Them'

Perplexity AI's CEO highlights the urgency for Anthropic and OpenAI to innovate in AI technology to maintain their £1.35 trillion valuations as they prepare for significant IPOs.

The Guardian - UK

First Thing: Zelenskyy says he told Trump that Putin was ‘playing games’ with Washington

In an exclusive interview, Ukraine’s president says he believes the war will be won when Russian society feels its impact. Plus, why California’s election count is taking so long (hint: it’s not fraud)

Fortune

'We expect it to leak': OpenAI is frontrunning the narrative around its $1 trillion IPO

Everything you need to know before you reach the office this morning.

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The Economic Times

SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOs

Investors face a key decision on when to buy shares in upcoming mega-tech IPOs like SpaceX, Anthropic, and OpenAI. Historical data shows tech IPOs often slump in their first year. However, these companies are exceptionally large and vital to the market. Experts suggest waiting to buy might be prudent, as…

The Economic Times

H-1B filings rise at OpenAI, Anthropic and Nvidia as companies expand overseas recruitment

AI firms OpenAI, Anthropic, and Nvidia are boosting H-1B visa applications. This comes as they compete for specialized talent. Other major tech companies like Meta, Microsoft, Amazon, and Google are reducing their visa filings. New H-1B rules favor higher-paid applicants. A court blocked a proposed fee on overseas applicants.

Evening Standard

US tech race to go public in full swing as OpenAI plots stock market float

OpenAI’s filing for an IPO in the US comes hot on the heels of rival AI giant Anthropic.

International Business Times UK

Historic $1 Trillion IPO Bid Could Turn Into OpenAI Wall Street's Next AI Giant

OpenAI has filed for a US stock market debut, aiming for a trillion-dollar valuation. This move aligns with Anthropic's similar plans, highlighting intense investor interest in AI.

The Guardian - UK

Chip stocks bouncing back on Wall Street and South Korea; UK investigating Paramount-Warner Bros merger – as it happened

Rolling coverage of the latest economic and financial news, as the AI trade bounces back

International Business Times UK

BlackRock Summit Bombshell: Sam Altman Predicts AI Joins Electricity, Water, and Internet as a Paid Utility

OpenAI CEO Sam Altman envisions AI as a utility, predicting users will pay per unit of intelligence. This shift requires massive infrastructure investment, aiming to democratise AI access globally

The Economic Times

Crude at $100, AI IPOs at $1 trillion, and gold on sale: What Peter McGuire says you should do now

Peter McGuire of Australia-Trading.com highlights a chaotic market driven by rumors and geopolitics, not fundamentals. He predicts crude oil prices will rise, advises caution on trillion-dollar AI IPOs, and remains bullish on India for the long term. McGuire also suggests accumulating gold as it has fallen 20% from its peak.

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