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After years of warning that AI would wipe out entry-level white-collar roles, OpenAI CEO Sam Altman now says he was wrong on the near-term jobs impact. Recent studies from Yale Budget Lab, Brookings, and Anthropic find limited labor effects so far, even as Altman calls out “AI washing” by companies using automation as cover for … Read more
A federal jury has thrown out every claim in Elon Musk’s lawsuit against OpenAI and Sam Altman, finding the case to have been filed past its legal deadline. Verdict Reached, But Battle Not Over A federal jury in Oakland, California sided with OpenAI on May 18, unanimously dismissing all claims in Elon Musk’s lawsuit against … Read more
AI startup Anthropic is weighing a historic $50 billion funding round this summer that could value the company at $900 billion, potentially overtaking rival OpenAI. Closing the Gap with OpenAI Anthropic is reportedly considering raising tens of billions of dollars as early as this summer to fund a sweeping expansion of its computing infrastructure. The … Read more
Robinhood’s investment fund has taken a $75 million stake in OpenAI, deepening its push to give retail investors access to private markets. The move highlights growing demand for exposure to leading artificial intelligence (AI) firms. Key Takeaways: Robinhood invested $75 million in OpenAI, expanding retail access to private AI firms. RVI targets $10 trillion private … Read more
OpenAI has acquired the Technology Business Programming Network podcast and media platform to drive constructive global dialogue regarding the future of artificial intelligence. OpenAI announced the acquisition of the Technology Business Programming Network (TBPN) on April 2, 2026, integrating the media startup’s editorial and marketing talent into its internal Strategy organization. The deal brings co-founders … Read more
OpenAI closed a $122 billion funding round on March 31, 2026, pushing its post-money valuation to $852 billion and setting a new record for private capital raises. OpenAI $122B Raise: Investors, Valuation, and Plans for the Capital The round built on a $110 billion commitment announced Feb. 27, 2026, which carried a $730 billion pre-money … Read more
OpenAI is closing in on another $10 billion raise, pushing its already massive funding round into historic territory as demand for artificial intelligence (AI) infrastructure keeps climbing. OpenAI Funding Push Extends Runway Ahead of Potential IPO Bloomberg reported on Tuesday that OpenAI is nearing a deal for roughly $10 billion in additional primary equity, with … Read more
OpenAI disclosed this week that it has agreed to acquire Astral, the startup behind widely used open-source Python tools, in a bid to push its Codex system deeper into full-scale, agent-driven software development. Astral Acquisition Aims to Position OpenAI Codex as an End-to-End AI Coding Platform The deal, which has not yet closed, remains subject … Read more
This week saw the artificial intelligence (AI) industry rocked by a potential Microsoft-OpenAI legal dispute over a $50 billion Amazon cloud partnership, Nvidia announcing $1 trillion in chip orders at its GTC developer conference, and new federal warnings that surging AI data center demand is destabilizing the U.S. power grid. Microsoft Eyes Legal Action Microsoft … Read more
OpenAI’s push into classified U.S. military networks collided with a consumer backlash and a quieter but consequential infrastructure pivot, underscoring the tightrope the artificial intelligence (AI) giant is now walking between national security ambitions and user trust. #QuitGPT Movement Grows as OpenAI Revises DoD AI Contract Amid Consumer Fallout The controversy ignited around Feb. 28, … Read more