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TechnologyOpenAI Proposes Giving the US Government a 5% Stake
OpenAI is reportedly in talks to give the US government a 5% stake, worth about $42.6 billion at its $852 billion valuation, as part of a broader plan for Washington to hold 5% of each leading US AI company.
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TechnologyTrump Administration Asks OpenAI to Limit GPT-5.6 to 20 Approved Partners
At the Trump administration's request, OpenAI will limit GPT-5.6's initial release to about 20 government-approved U.S. partners, with Amazon Bedrock as one route — the first time Washington has preemptively gated an American AI model launch.
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TechnologyOpenAI and Broadcom Unveil Jalapeño, OpenAI's First Custom AI Chip
OpenAI and Broadcom unveiled Jalapeño, OpenAI's first custom silicon — an inference chip co-designed in nine months and aimed at reducing the company's dependence on Nvidia's GPUs.
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TechnologyJudge Dismisses xAI's Trade-Secret Lawsuit Against OpenAI With Prejudice
A federal judge dismissed xAI's trade-secret lawsuit against OpenAI with prejudice, ruling that asking a job candidate about prior work does not constitute inducement. It is Musk's second legal loss against OpenAI in four weeks.
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TechnologyOpenAI Subpoenaed by Coalition of State Attorneys General
OpenAI received a subpoena from New York's attorney general on June 12 as a coalition of states investigates its advertising, data handling, and treatment of minors — landing as the company pursues an IPO after an $850 billion valuation.
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TechnologyOpenAI Confidentially Files for IPO With the SEC
OpenAI says it has confidentially filed a draft S-1 with the SEC for an IPO, one week after rival Anthropic — though the company says it has not decided on timing for a public debut.
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TechnologyOpenAI Reports $5.7 Billion Q1 Revenue, $1 Billion Ahead of Anthropic
OpenAI generated $5.7 billion in Q1 2026 — about $1 billion more than Anthropic and the company's strongest quarter to date, per The Information. Codex and the enterprise API line drove most of the surge. Anthropic's gap is structural: enterprise demand has outrun the compute it has under contract.
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TechnologyAndrej Karpathy Joins Anthropic's Pre-Training Research Team
OpenAI co-founder Andrej Karpathy has joined Anthropic's pre-training team under Nick Joseph, where he will lead a group using Claude to accelerate pre-training research.
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TechnologyOpenAI Is Reportedly Preparing IPO Filing at $852 Billion Valuation
CNBC and Kalshi both pointed at the same thing Wednesday: OpenAI is the new favorite to go public first in the AI cohort, with a confidential filing potentially as soon as this week — at a valuation near $852 billion.
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TechnologyNovo Nordisk deploys OpenAI across its entire business
Novo Nordisk — the company behind Ozempic and Wegovy — is integrating OpenAI across drug discovery, manufacturing, supply chain, and commercial operations, with full integration targeted by end of 2026. It's the most ambitious enterprise AI deployment in pharma history.
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TechnologyOpenAI Just Hit $25 Billion in Annualized Revenue
OpenAI is at $25B in annualized revenue with a public listing being framed at up to a $1 trillion valuation. Anthropic is at $19B and growing 10x year-over-year. The AI capital cycle has officially crossed into public-market territory.
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TechnologyMicrosoft and OpenAI Restructure Partnership: Multi-Cloud Access, Capped Revenue Share, End of Exclusivity
The most consequential exclusivity deal in commercial AI is over — OpenAI is now free to serve customers on any cloud, and Microsoft's IP license through 2032 is no longer exclusive.