OpenAI offers the US government a 5% ownership stake Sam Altman reportedly wants to hand the US government a stake in OpenAI worth tens of billions, and he wants Silicon Valley's other giants to do the same. Euronews · Jul 2
OpenAI mulling giving US gov't a 5% stake in the company, days after Washington delayed GPT-5.6 — Altman reportedly wants every leading U.S. AI lab paying into an Alaska-style public fund Altman is understood to have raised the idea with President Donald Trump, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent. Tom’s Hardware · Jul 2
ChatGPT's Daily Prompts Use Enough Electricity to Power a Small City OpenAI's 2.5 billion daily ChatGPT prompts are driving rising electricity demand, highlighting AI's growing energy, water and infrastructure footprint. International Business Times UK · Jul 2
‘Something has gone completely wrong’: Palantir CEO Alex Karp slams OpenAI, says AI industry is "effing insane" Palantir CEO Alex Karp hits out at Anthropic and OpenAI in heated interview. TechRadar · Jul 2
Palantir CEO slams OpenAI, Anthropic's token model Palantir CEO Alex Karp has slammed the token-based pricing of AI giants like OpenAI and Anthropic, arguing businesses are wasting money without clear returns. Karp said companies are now moving away from simply buying more tokens and are instead focussing on whether their AI spending delivers a clear return on… The Economic Times · Jul 2
‘Effing insane:’ Palantir CEO torches OpenAI and Anthropic on live TV IN FULL The Independent UK · Jul 2
A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turf Western startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, which competes with leading US technologies at significantly lower prices. This trend, referred to as a 'mini DeepSeek moment,' is generating buzz in Silicon Valley due to its coding capabilities. However,… The Economic Times · Jul 2
OpenAI ‘in early talks to give 5% stake to US government’ CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says The Guardian - UK · Jul 2
OpenAI to Offer Trump Administration a 5% Equity Stake and Other AI Firms Could Also Follow: Report OpenAI is reportedly considering offering the U.S. government a 5% equity stake as part of a broader effort to deepen ties with the Trump administration and secure financial backing. Benzinga · Jul 2
Elon Musk Triggered By OpenAI Apple Deal? Rumours Fly Of Thinner-Than-iPhone SpaceX AI Handset Elon Musk denies reports of SpaceX showcasing an AI device to investors before its IPO, sparking speculation about the company's future in the smartphone market. International Business Times UK · Jul 2
Sam Altman wants to give a 5% OpenAI stake to the US government: Report OpenAI is reportedly exploring a 5% equity stake for the U.S. government, a move aimed at easing political concerns and fostering ties with the Trump administration. CEO Sam Altman believes this approach would democratize AI's economic benefits. The proposal, which could extend to other major AI firms, seeks to address… The Economic Times · Jul 2
OpenAI's first hardware isn't the revolutionary iPhone killer we expected The Codex Micro looks disappointingly conventional. Creative Bloq · Jul 2
OpenAI offers 5% stake to Trump administration: report The proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reported, adding that it was not clear if the other AI firms would be willing to do so. The Economic Times · Jul 2
US in talks with AI companies for voluntary model standards The U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcement possible as soon as next week, the Financial Times reported on Wednesday, citing sources. The Economic Times · Jul 2
The Economic Times · Jul 2 SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessions To make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to SoftBank if the OpenAI shares pledged as collateral lose value, the people said.
The Conversation · Jul 2 Australia shouldn’t try to build its own frontier AI. Here’s why The Trump administration’s recent decision to block foreign access to advanced artificial intelligence (AI) models has reignited AI sovereignty debates – where nations strive to build and maintain their own AI, rather than using models developed elsewhere.
The Independent UK · Jul 2 Palantir CEO Alex Karp crashes out during bizarre TV news appearance: ‘I feel like I’m gonna get kicked out of the room!’ The CEO of the data mining giant accused major AI labs of having an ‘effing insane’ business model that threatened their partners
Barchart · Jul 1 Cathie Wood Bets Big on Cerebras and Palantir Stocks After Sharp Pullback Despite recent pullbacks, Palantir and Cerebras continue to post impressive growth.
International Business Times · Jul 1 Tech Companies Built the Most Powerful AI. Now They're Investigating Whether Their Creations Can Feel. Some of the tech industry's biggest players are now investing resources into studying whether increasingly sophisticated AI models could one day develop experiences that deserve moral consideration.
International Business Times · Jul 1 OpenAI and Anthropic Built AI Around Tokens. Palantir's Karp Says 'Something Has Gone Completely Wrong' With The Model. Palantir CEO Alex Karp is escalating his criticism of Silicon Valley's biggest artificial intelligence companies, accusing OpenAI and Anthropic of promoting a business model that encourages companies to spend heavily on AI tokens without delivering meaningful value.
The Economic Times · Jul 1 California man with bipolar disorder says ChatGPT fueled delusions, led to self-harm in new lawsuit Michael Lines, 34, said in the complaint filed in state court in San Francisco that conversations he had with ChatGPT last year escalated a manic episode he experienced into a weeks-long delusion, ultimately pushing him to attempt suicide. His lawsuit argues that OpenAI developed a product that poses particular risks…
Benzinga · Jul 1 EXCLUSIVE: Reddit Is Powering The World's AI Models — And Its Google, OpenAI Deals May Only Be The Start Reddit Inc (NYSE:RDDT) has grown its revenue thanks to user growth and also some content licensing deals with AI companies like OpenAI and Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL). Reddit Chief Financial Officer Drew Vollero shares with Benzinga why Reddit data is so in demand for large language models.
International Business Times UK · Jul 1 Mark Zuckerberg Claims AI Won't Destroy Jobs — Just Weeks After Meta Lays Off 8,000 Employees Mark Zuckerberg has dismissed fears that AI will trigger mass job losses, arguing that 'personal super intelligence' could expand employment even as Meta cuts thousands of roles.
The Independent UK · Jul 1 Trump administration lifts restrictions on Anthropic's Claude models after cybersecurity alarm The Trump administration has lifted restrictions on artificial intelligence company Anthropic’s latest versions of its Claude chatbot, ending a weekslong ban tied to cybersecurity concerns
Barchart · Jul 1 Following the Broadcom-OpenAI Deal, Wall Street Says AVGO Stock Still Could Gain 40% From Here With the announcement of the first custom AI chip from OpenAI, Wedbush has another reason to be bullish on Broadcom.