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OpenAI is preparing a confidential IPO filing that could lead to one of the largest stock market debuts ever.
AI researcher Andrej Karpathy is joining Anthropic after previously helping lead AI development at OpenAI and Tesla.
Leopold Aschenbrenner’s hedge fund grew from $225 million to $13.7 billion by betting on AI infrastructure, energy, and compute bottlenecks rather than chatbot applications.
OpenAI introduced ChatGPT Finance, a new feature allowing users to connect bank accounts and manage personal finances through AI-powered tools available to Pro subscribers.
Cerebras shares jumped 70% in their market debut after the AI chipmaker completed the largest U.S. IPO of the year amid intense investor demand.
AI chipmaker Cerebras priced its IPO at $185 per share, raising $5.55 billion and valuing the company at roughly $56 billion amid overwhelming investor demand.
Anthropic is reportedly preparing a $50 billion fundraising round at a $900 billion valuation, potentially surpassing OpenAI in private market value.
Anthropic’s implied valuation climbed to $1.2 trillion in the pre-IPO market, marking a 900% increase since October 2025 as investor demand for AI companies intensifies.
AI stocks fall after concerns emerge over OpenAI’s growth and revenue targets.
Elon Musk has begun testifying in his case against OpenAI, seeking to remove leadership and claim $134 billion in damages over alleged contract violations.
A wave of potential trillion-dollar IPOs from SpaceX, OpenAI, and Anthropic is fueling market excitement and raising concerns over investor positioning.
Microsoft will lose exclusive rights to OpenAI models, allowing broader distribution as the partnership evolves and revenue-sharing terms change.
OpenAI released GPT-5.5 with improved efficiency and a focus on agentic coding, though higher pricing reflects its expanded capabilities.
Anthropic is trading at a $1 trillion valuation on secondary markets, surpassing OpenAI and highlighting shifting investor sentiment in AI.
OpenAI launches GPT Image 2 with improved realism, better scene understanding, and accurate text generation.