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The Latest Breaking News from OpenAI

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

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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

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.

TechRadar

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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…

The Economic Times

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.

Fortune

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…

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…

The Economic Times

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.

AAP

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

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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

Barchart

A $550 Billion Reason to Buy Cerebras Stock

As Mizuho predicts a $550 billion market for fast AI inference by 2030, Wall Street is rightly excited about Cerebras stock.

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International Business Times

Tech Stocks Are Losing The Traits That Powered The Market Rally, Analyst Warns

Growing capital demands across the AI sector are prompting some of the industry's biggest companies to seek new funding as investors weigh an expanding pipeline of stock offerings.

International Business Times

Palantir CEO Says Businesses Are 'Unhappy' With Frontier AI Labs

Palantir CEO Alex Karp says a growing number of businesses are becoming increasingly dissatisfied with the world's leading artificial intelligence developers.

The Independent UK

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

Visa is embedding its payment network into ChatGPT, allowing the chatbot to shop and complete transactions for users

The Economic Times

Musk's xAI accused of illegally firing engineer who raised safety concerns

Devin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety risks associated with the AI chatbot Grok. Kim contends that his proactive warnings put him in the crosshairs of the company, leading to his dismissal.

Tom’s Guide

A growing youth movement wants people to delete ChatGPT — here's why

A youth-led movement called QuitGPT is urging people to delete ChatGPT and boycott OpenAI as concerns grow over the company's power, influence and future ambitions.

The Economic Times

OpenAI expects to go public 'within the next year,' the Information reports

OpenAI CEO Sam Altman indicated an IPO within the next year, with the company having recently filed confidentially. While a timeline remains undetermined, Altman noted that rapid advancements in AI's self-improvement capabilities could influence the timing of a public offering. OpenAI is also preparing for a tender offer at its…

Barchart

Billionaire Sam Altman Says OpenAI Was ‘Pretty Wrong’ About AI Jobs, But Goldman Sachs Warns AI is Still Wiping Out 11,000 Jobs Per Month

The AI jobs story has become a split screen: one of the most powerful artificial intelligence (AI) executives is walking back the worst panic, while data tracked by Goldman Sachs (GS ) still points to pressure on younger white-collar workers. The lack of a clean yes-or-no answer is exactly why...

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