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The Latest Breaking News from OpenAI

OpenAI To Confidentially File For IPO As Soon As This Week: Report

OpenAI is set to confidentially file for an IPO as soon as this week, according to a new report.

International Business Times

OpenAI aiming for speedy IPO, source says, as market awaits SpaceX filing

The ChatGPT maker is working with bankers at firms, including Goldman Sachs and ⁠Morgan Stanley, ‌on a draft IPO prospectus that ⁠it plans to file confidentially with regulators soon, possibly as early as Friday, the report said.

The Economic Times

Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial intelligence. The company is integrating AI models from startups like Anthropic and OpenAI. This follows a trend of tech companies reducing staff this year. Employees in the US will…

The Economic Times

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Cathie Wood Joins the Cerebras Bandwagon With More Than 100,000 Shares. Wait for It to Deliver Before You Buy In, Too.

Wood just added Cerebras, the latest hot AI name, to two of her Ark Invest funds.

Barchart

‘I don’t worry about a robot takeover’: AI expert Michael Wooldridge on big tech’s real dangers (and occasional blessings)

Almost 50 years after he first got his hands on a computer, the Oxford professor still believes in the power of technology. Can his beloved game theory explain why Silicon Valley’s entrepreneurs consistently misuse it?

The Guardian - UK

OpenAI to invest in YC startups using $2 million worth of tokens; here’s what it means

OpenAI is providing two million dollars worth of tokens to each startup in the current Y Combinator batch. This initiative aims to accelerate product development and internal workflows. Startups will exchange equity for these tokens. This move is expected to unlock significant innovation from driven founders.

The Economic Times

Singapore Deepens AI Ecosystem with Global Collaborators to Accelerate Real-World Deployment

SINGAPORE, May 20, 2026 /PRNewswire/ -- At ATxSummit 2026, hosted by the Infocomm Media Development Authority of Singapore (IMDA), Minister for Digital Development and Information Mrs Josephine Teo unveiled new global partnerships and initiatives to strengthen Singapore's position as a leading AI hub. These announcements mark a shift from exploring…

AAP

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Who Is Andrej Karpathy? OpenAI Co-Founder Joins Rival Anthropic to Advance Claude's AI Research

Andrej Karpathy, a prominent AI researcher, joins Anthropic, marking a notable shift in the AI industry. His move follows Anthropic's rapid revenue growth and strategic hires from rival companies.

International Business Times UK

Grab bets on new delivery robots to fix Singapore’s 'supply-constrained markets' and solve the last-mile problem

The Southeast Asian tech company will launch a pilot of its first delivery robot in Singapore’s Punggol district in late 2026.

Fortune

Elon Musk's legal war with OpenAI ends in utter defeat

A federal court ruling shut down Elon Musk’s high profile lawsuit against OpenAI, turning a years long AI rivalry into a public defeat over timing rather than substance.

TechRadar

Meet Andrej Karpathy, OpenAI founding researcher hired by rival Anthropic; His education, Tesla role and others

Andrej Karpathy joins Anthropic: Andrej Karpathy — one of the most recognised names in artificial intelligence and a founding member of OpenAI — has joined Anthropic. The AI researcher, known for his work at OpenAI and Tesla, announced that he is returning to hands-on research and development as competition between…

The Economic Times

Google's I/O conference showed how the company is being completely rebuilt for AI

Even Google's iconic search box is being revamped to accommodate AI.

Fortune

How are Gemini 3.5 Flash and Gemini Omni changing AI unveiled at Google I/O 2026?

Google unveiled a suite of new Gemini AI tools at its I/O conference, including Gemini 3.5 Flash, Gemini Spark, and Gemini Omni. These advancements aim to make AI faster, cheaper, and more personal, positioning Google to compete with rivals like OpenAI and Anthropic by transforming AI into a constant digital…

The Economic Times

Google Gemini's Verify AI might finally solve my online image trust issues — especially with support from Nvidia and OpenAI

Google I/O 2026 has showcased a possible solution to my online image trust issues: Verify AI.

TechRadar

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TechRadar

Google I/O 2026 made one thing clear — Gemini is becoming impossible to avoid

Google I/O 2026 revealed Gemini evolving from a chatbot into a deeply integrated AI layer spanning Search, shopping, Android, productivity, and persistent AI agents

Fortune

The times they are a-changin': Trump pivots towards AI regulation in the face of a mounting public backlash

With a public backlash against AI mounting, the White House is changing its tune on AI regulation and talks with China on AI.

Fortune

Andrej Karpathy, OpenAI founding member and inventor of ‘vibe coding,’ defects to Anthropic

Karpathy, one of AI’s most influential voices, posted a “personal update” on X: “I’ve joined Anthropic.”

International Business Times

xAI Reportedly Asked Employees For Their Tax Returns To Train a Model But Hasn't Paid Them Yet

xAI asked employees for their tax returns to train its model and promised to pay them for it, but months later that has not changed, according to a new report.

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Barchart

Palantir Faces a Bigger Threat Than Valuation: AI Labs Like Anthropic and OpenAI Are Disrupting the PLTR Stock Story

Palantir's artificial intelligence platform relies on foundational models like those from Anthropic and OpenAI, raising questions about who deserves a better valuation.

The Economic Times

AI spooks IT valuations; Groww promoters cut stake

AI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.

International Business Times UK

ChatGPT Can Now Access Your Bank Account — As OpenAI Expands Into Personal Finance

OpenAI launches personal finance tools for ChatGPT Pro users in the US, enabling bank account connections for personalised financial insights. Privacy concerns arise over sensitive data handling.

International Business Times UK

Elon Musk Refuses to Accept OpenAI Lawsuit Defeat, Vowing to Appeal the Ruling

A US court has dismissed Elon Musk's lawsuit against OpenAI on procedural grounds, leaving the company's structure unchanged as he vows to appeal the ruling.

The Guardian - US

What did we learn from Elon Musk and Sam Altman’s courtroom drama?

Whoever the victor, the OpenAI trial demonstrated that a small cabal, mostly men, rules the AI industry

The Economic Times

Elon Musk's failed court attack on OpenAI could leave lasting scars on CEO's reputation

Sam Altman and OpenAI secured a legal victory against Elon Musk, with a jury dismissing his lawsuit over the company's shift to a for-profit model. Despite the win, testimony from former colleagues painted a picture of Altman as untrustworthy, potentially impacting investor confidence for a future IPO.

International Business Times UK

Ex-OpenAI Insider Leopold Aschenbrenner Shorts Nvidia and Oracle — Makes Bold $13.6 Billion AI-Crypto Play

Leopold Aschenbrenner, a former OpenAI researcher, is transforming investments by focusing on energy infrastructure and computing for AGI. Discover his bold moves and their impact on AI's future.

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