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The Latest Breaking News from OpenAI

OpenAI grows stable of law firms for high-stakes lawsuits, deals

The company, its CEO Sam Altman and their lawyers at Wachtell Lipton Rosen & Katz and Morrison & Foerster on Monday scored a major victory in defeating a lawsuit by Elon Musk, who alleged OpenAI strayed from its original nonprofit mission. The win cleared a potential ‌hurdle to an ⁠OpenAI…

The Economic Times

Anthropic lands in London as AI-powered coding—and the anxieties around it—go mainstream

Anthropic’s top brass decamped to the U.K. this week, pitching Claude as a safer way to automate coding while engineers mull what it means for their jobs.

Fortune

U.S. Military Creates Task Force To Deploy AI Quickly, Safely, As Hacking Fears Grow

The U.S. military has created a task force aimed at speeding the integration of artificial intelligence into its capabilities.

International Business Times

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OpenAI makes breakthrough on 80-year-old maths problem

Company says work on Paul Erdős planar unit distance problem shows advance in AI reasoning

The Guardian - UK

Dear Future OpenAI Stock Investors, Mark Your Calendars for May 22

Wall Street is watching May 22 closely as OpenAI reportedly prepares for a potentially confidential IPO filing.

Barchart

Cerebras Just Got Fast-Tracked Into the S&P 500. Here’s What It Means for Investors

Cerebras jumps from IPO hype to S&P inclusion, turning early momentum into a forced buying event for index funds.

Barchart

Grok falls flat in Washington, undercutting SpaceX's AI growth story

SpaceX's AI chatbot Grok faces significant challenges gaining traction within the U.S. government. Federal agencies show a strong preference for competitors like OpenAI and Alphabet. This limited adoption raises questions about SpaceX's ambitious valuation and its projected AI market share. Grok's struggle in the government sector may also impact its…

The Economic Times

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Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $337 Million, Includes OpenAI, Beast Industries, More Than 11,000 ETH and Over 283 Million WLD Tokens

EASTON, Pa., May 21, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its leading position across digital assets and strategic investments in leading private technology companies. As of May 20, 2026, at 5:00 p.m. ET, ORBS' holdings…

AAP

Anthropic's $900B Valuation Bid Makes More Sense Now — Q2 Revenue Expected to Reach $10.9B

Anthropic, a leading AI startup, projects £8.1 billion in Q2 revenue and anticipates its first operating profit. Discover how its valuation could surpass £671 billion, potentially overtaking OpenAI.

International Business Times UK

OpenAI IPO coming soon? ChatGPT-maker likely to confidentially file draft papers for world’s biggest-ever IPO tomorrow

Sam Altman-led OpenAI is reportedly preparing to confidentially file draft papers for its IPO as early as Friday, according to CNBC, in what could become one of the biggest public listings ever. The ChatGPT-maker, valued at over $850 billion by private investors, is said to be working with Goldman Sachs…

The Economic Times

Global Markets | Japan's Nikkei rallies on fresh optimism over AI, Iran peace talks

Japan's Nikkei surged 3.14% on Thursday, its largest gain in two weeks, driven by renewed enthusiasm for technology stocks and easing geopolitical tensions. Gains were boosted by Nvidia's strong sales forecast, an averted Samsung strike, and reports of OpenAI's potential IPO, with SoftBank Group leading advancers.

The Economic Times

Microsoft lost its way in the AI race. Can Copilot get it back on course?

An early alliance with OpenAI hasn't been enough to keep the software giant in first place. Here's how Satya Nadella and his team are refueling for the long run.

Fortune

AI will help make a Nobel prize-winning discovery within a year, says Anthropic co-founder

Jack Clark describes ‘vertiginous sense of progress’ and ‘profound changes’ to society alongside risks of technology

The Guardian - UK

SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOs

SoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are preparing for initial public offerings in the United States. OpenAI, the creator of ChatGPT, is reportedly planning a fall debut. SB Energy, focused on data center energy infrastructure, also announced its…

The Economic Times

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The Economic Times

US President Trump to sign order on AI oversight as security fears mount among supporters

President Donald Trump is set to sign an executive order on AI and cybersecurity. This order will establish a voluntary framework for AI developers to share new models with the US government before public release. This move aims to balance oversight demands from some political bases with the tech industry's…

The Economic Times

Trump to sign order on AI oversight as security fears mount among supporters

President Trump is expected to sign an executive order on AI and cybersecurity, establishing a voluntary framework for developers to share new models with the government 90 days before public release. This move aims to balance pressure from populist supporters for increased oversight with the tech industry's resistance to mandatory…

TechRadar

I couldn’t figure out how to delete old ChatGPT images from my Library — here’s the hidden method that finally worked

There’s no delete button for old ChatGPT images, but I found the awkward workaround that finally removes them for good.

The Conversation

When AI giants go public, will ordinary investors know if they are along for the ride?

We’ve heard a lot about the artificial intelligence (AI) boom and how enormous amounts of money are being poured into companies building ever more powerful technologies.

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PC Gamer

I read every document in the Musk vs Altman case and my takeaway is—'Heartbreaking: The Worst Person You Know Just Made a Great Point'

Musk lost his case against Sam Altman on a technicality.

The Economic Times

Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO

SpaceX has filed for its initial public offering. The company aims for a trillion-dollar market debut. This listing could set a precedent for future IPOs from major tech firms. SpaceX's valuation could reach $1.75 trillion.

The Economic Times

OpenAI IPO filing could come before SpaceX goes public: Will Sam Altman beat Elon Musk and Anthropic in the biggest AI and space market race of 2026? Complete details on Wall Street’s largest IPO wave

OpenAI IPO: Wall Street is entering its biggest IPO wave since 2022. OpenAI, SpaceX, Anthropic, Shein, and Kunlunxin could together raise nearly $200 billion. OpenAI may file for its IPO before SpaceX goes public. That changes the entire AI market race. Investors are now watching Sam Altman, Elon Musk, and…

International Business Times UK

ChatGPT Giant OpenAI Could File IPO Paperwork as Early as Friday, WSJ Reports

OpenAI is reportedly preparing for a confidential IPO filing, working with major banks, as a lawsuit from Elon Musk is dismissed, clearing a path for potential public listing.

International Business Times

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.

The Economic 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…

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