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OpenAI has raised $122 billion in a record-breaking funding round to accelerate AI development. The deal comes as expectations grow for a future public offering.
OpenAI is shutting down its Sora video generation model, citing undisclosed reasons. Reports suggest the product may have been costing up to $15 million per day to operate.
OpenAI is quietly developing a new social network and considering biometric identity verification to combat bots, according to Forbes. The platform may use Worldcoin’s iris-scanning Orbs or similar technologies to ensure users are real people.
Amazon is reportedly in talks to invest up to $50 billion in OpenAI as the AI firm seeks funding at an $830 billion valuation.
Microsoft shares plunged as much as 12% in a single session after earnings revealed soaring AI infrastructure costs and heavy reliance on OpenAI-linked cloud contracts. The drop marked one of the company’s sharpest declines since 2020.
OpenAI says annualized revenue surpasses $20 billion in 2025 as compute expansion and monetization drive record user activity.
OpenAI is projected to post a net loss of around $14 billion this year as soaring AI infrastructure costs outpace revenue growth. Analysts warn the company could run out of cash within 18 months despite plans to reach profitability by 2030.
OpenAI plans to launch its first proprietary AI device in the second half of 2026, expanding beyond software into consumer hardware.
Elon Musk is pursuing up to $134 billion in damages from OpenAI and Microsoft, claiming he was misled after OpenAI abandoned its nonprofit mission and entered a deep commercial partnership with Microsoft.
Michael Burry says he holds put options on Oracle and would bet against OpenAI at a $500 billion valuation, adding to the AI bubble debate.
OpenAI issued record stock awards averaging $1.5 million per employee, far surpassing compensation levels at major U.S. tech firms.
OpenAI’s Sora platform is driving $15 million in daily costs and intensifying shortages in PC hardware as AI demand accelerates.
OpenAI is reportedly considering acquiring Pinterest in 2026 to gain access to image data, advertising capabilities, and e-commerce partnerships.
Sam Altman believes that within 10 years, college graduates will move into entirely new and highly paid professions linked to space, driven by rapid technological progress.
A Polymarket trader vanished after earning over $80,000 on highly accurate OpenAI release bets.