OpenAI is reportedly building a smart speaker that would serve as an AI companion and hub for smart homes, Bloomberg reported on Tuesday, citing people familiar with the matter.The product is expected to be OpenAI’s first physical AI device and a crucial milestone as the company moves forward with…
Three prominent artificial intelligence developers have introduced new models over the past week as business customers increasingly focus on the cost of using advanced AI systems. OpenAI, the developer of ChatGPT, said GPT-5.6 is designed to complete more work while consuming significantly fewer to…
Elon Musk and Sam Altman have renewed their long-running dispute over the evolution of OpenAI, an artificial intelligence company led by Altman, through a series of sharply worded posts on X. The latest exchange followed Apple NASDAQ:AAPL, a technology company that operates the App Store, filing a…
OpenAI President Greg Brockman will continue overseeing the company’s products and major business initiatives after Fidji Simo stepped down from her role due to chronic illness.Simo, who served as OpenAI’s product and business chief for about a year, took a medical leave in April, and announced on…
OpenAI's chief executive for AGI development, Fidji Simo, is leaving the company for health reasons after less than a year in the role, the latest setback for a company navigating financial strain, IPO delays, and mounting signs that it is losing ground to rival Anthropic.In a LinkedIn post announc…
Former White House economists Jared Bernstein and Ryan Cummings said the recent rally in AI-related stocks has strengthened their view that the AI bubble is “still inflating,” reiterating their warning from last year that soaring AI valuations increasingly resemble an asset-price bubble.The economi…
OpenAI upped the heat on Wednesday, launching its flagship GPT-5.6 Sol AI model, weeks after Anthropic restored its powerful Mythos model and launched a low-cost Sonnet 5 AI model as both firms march ahead in their plans for initial public offerings.OpenAI announced that its GPT-5.6 flagship model…
Next is drawing up plans for a potential bid for luxury department‑store chain Harvey Nichols, The Telegraph reported. The retailer's Hong Kong‑based owner has put the business up for sale, and sources told Sky News that Next was "serious" about exploring an offer. Next, valued at more than £17.5bn…
By Adam LevineThe latest challenge in artificial-intelligence adoption is "tokenomics" and the management of AI expenses that can add up quickly if customers aren't careful.Tokens are the basic unit of AI input and output. For example, this sentence has 17 tokens when counted by OpenAI's models. Ty…
The growing public backlash against data centers poses a threat to AI companies and their shares. By Joe LightThe artificial-intelligence boom might usher in the next industrial revolution, but first it is going to have to answer to Cheryl Cordes.The retired nurse and her neighbors in Genesee Count…
WASHINGTON (dpa-AFX) - OpenAI CEO Sam Altman has proposed allocating 5% of the company's equity to a U.S. sovereign wealth fund, according to a Financial Times report, as part of an effort to strengthen relations with the Trump administration and address growing political scrutiny of the artificial…
By Adam ClarkOpenAI already has a lineup of impressive investors ahead of its eagerly awaited initial public offering. But the ChatGPT-developer would reportedly like to add one more name: the U.S. government.OpenAI has talked about offering a 5% ownership stake to the U.S. government, potentially…
Eightco treasury composition as of July 1, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $149M cash and equivalents, totaling approximately $386 millionWorldcoin token (WLD) now listed on Robinhood NASDAQ:HOOD, expanding access to milli…
According to a Financial Times report, OpenAI boss Sam Altman has said the move is the best way for the public to share in the upside of artificial intelligence.Citing unnamed people close to the matter, the government and OpenAI are currently in early-stage "conceptual" talks.OpenAI had been rumou…
OpenAI, the company behind ChatGPT, has reportedly discussed giving the US government a 5% equity stake as artificial intelligence oversight in Washington intensifies.The company raised the idea in early discussions with the Trump administration as it seeks to navigate a tougher political environme…
Juicy 5% stake to give the public a way to share the upside of AI, Altman said. The public?💸 Stake or Statecraft?🏛️ A New Kind of Public-Private Deal
OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times reported on Thursday, a crucial development that comes amid the growing scrutiny of AI for national security risks and major firms heading for public listings.Under the proposal, OpenAI has suggested that other U.S. AI…
OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.Under the proposal, OpenAI has suggested that o…
OpenAI, the company behind ChatGPT and one of the most valuable private enterprises on the planet, is in discussions to give a stake of up to 5% to the US government. The Financial Times first reported the arrangement, which would channel equity from the AI giant into a so-called "Public Wealth Fun…
OpenAI has discussed giving a 5% stake to the U.S. government, the Financial Times reported on Thursday.Reuters could not immediately verify the report.
