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The Latest Breaking News from OpenAI

Sam Altman was ‘0%’ excited to be a CEO of a public company—but OpenAI is taking steps to compete in the AI IPO blitz anyway

OpenAI filed preliminary confidential paperwork with the Securities and Exchange Commission, setting the stage for an imminent IPO.

Fortune

Aswath Damodaran's warning on trillion-dollar fight over SpaceX and OpenAI in world's most powerful stock index

NYU professor Aswath Damodaran has cautioned that the rush to include newly listed giants such as SpaceX, OpenAI and Anthropic in the S&P 500 could reshape passive investing. While these firms may quickly become some of the market’s largest companies, Damodaran argues they could still be loss-making, have evolving business…

The Economic Times

Four AI giants just raised $188 billion. Here’s how to survive the Big AI-pocalypse

The biggest venture funding quarter in history didn't spread wealth—it concentrated it. Now engineers are leaving climate tech, cities are choosing data centers over infrastructure, and founders face an impossible question: will your startup survive GPT-6?

Fortune

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'Godfather of AI' Says xAI Can't Compete with OpenAI and Anthropic, Calls It a 'Failure'

Yann LeCun criticises Elon Musk's xAI as a 'failure' unable to compete with OpenAI or Anthropic, and warns of a looming AI industry 'bubble explosion'.

International Business Times UK

ETMarkets Smart Talk | AI is real, but AI valuations are not; we are in the FOMO stage of the bubble: Carnelian’s Manoj Bahety

AI technology is real but its current valuations are inflated, resembling past market bubbles. Investors are urged to avoid the fear of missing out. India's manufacturing, financials, and consumption sectors are poised for long-term growth as global AI frenzy potentially fades. Smart investing involves focusing on fair valuations and solid…

The Economic Times

OpenAI introduces enhanced usage analytics, AI spending controls for ChatGPT Enterprise

The new features aim to help manage costs and track credit usage, as growing ‌adoption of ⁠the ⁠AI tools by power users in enterprises has drawn attention to the escalating costs associated with extensive AI consumption.

The Economic Times

ChatGPT ‘can be made to generate sexualised and violent images’

Images generated by AI showed women who had been killed or sexually abused

The Independent UK

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More than chatbots: why business AI agents are Big Tech’s next product battleground

A customer sends a WhatsApp message to a local store asking about a product. Within seconds, they receive an answer.

The Conversation

‘Make AI work for ordinary people’: Bernie Sanders wants to pay you $1,000 every year from a government stake in AI companies

The senator is introducing a bill that would give Americans 50% ownership of the country’s biggest AI companies if they become profitable.

Fortune

Bernie Sanders Proposes Public Ownership Stake In Major AI Companies

Sen. Bernie Sanders has introduced legislation aimed at giving Americans a direct ownership stake in the AI industry's growth.

International Business Times

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $472 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

EASTON, Pa., June 18, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its growing position across digital assets and strategic investments in leading private technology companies. As of June 17, 2026, at 7:30 p.m. ET, ORBS' holdings…

AAP

OpenAI Rushes To Stop ChatGPT Creating Fake 'S** Crime Scene' Images

OpenAI has enhanced ChatGPT's safeguards after researchers found it could generate graphic images with modified prompts, highlighting ongoing challenges in AI safety and content moderation.

International Business Times UK

French president urges US to share cutting-edge AI and democracies to cooperate on regulation

French President Macron urged wealthy democracies to unite on AI regulation, a sentiment echoed by OpenAI's CEO. Amidst US restrictions on foreign access to advanced AI, Macron stressed global cooperation over nationalism, warning of potential value drops for pioneering firms if access is restricted.

The Economic Times

ChatGPT's new memory builds a profile of you on its own — and OpenAI admits you can't see all of it

ChatGPT's new "Dreaming" memory builds a profile of you on its own — including things you never typed. Here's the setting to check, and what it won't show you.

Tom’s Guide

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The Economic Times

The future of AI may be small, cheap and unprofitable: Joachim Klement

A groundbreaking study indicates that lightweight AI models installed on everyday home computers are on the verge of surpassing the robust systems found in data centers. This pivotal change may drive down costs and profit margins for industry leaders such as Anthropic and OpenAI. Nvidia’s cutting-edge desktop AI technology serves…

International Business Times UK

Who Is Noam Shazeer? The AI Genius Whose Defection From Google to OpenAI Just Reset the Industry

Noam Shazeer left Google for OpenAI just months before its IPO. The transformer co-author's exit could reshape pricing for ChatGPT, Gemini, and Copilot users within a year.

The Economic Times

Noam Shazeer hired by Google for $2.7 billion in 2024 leaves the tech giant in less than 18 months to join Sam Altman's Open AI

Noam Shazeer, a key figure in Google's Gemini AI development, is departing the company. He will now join rival OpenAI. Shazeer previously left Google in 2021 and returned in 2024 through a significant licensing deal. His departure has sparked considerable discussion regarding its impact on Google's AI ambitions. Industry observers…

The Economic Times

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…

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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…

AAP

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

The Economic Times

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.

Barchart

‘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.

The Economic Times

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

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.

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