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The Latest Breaking News from OpenAI

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

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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

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

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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…

The Economic Times

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.

TechRadar

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.

The Conversation

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.

PC Gamer

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…

The Economic Times

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 UK

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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…

Barchart

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.

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The Guardian - UK

‘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 Economic Times

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.

AAP

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…

International Business Times UK

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.

Fortune

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.

TechRadar

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.

The Economic Times

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…

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