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Hail To The Victors: Michigan's $20 Million OpenAI Bet Becomes A $2 Billion Jackpot
Monday, May 11, 2026 - 11:43am | 658Read More...OpenAI was valued at $852 billion earlier this year in a new funding round. The increasing valuation of the ChatGPT parent company could benefit early backers like Microsoft Corporation (NASDAQ:MSFT). A new court document has revealed that one of the company's earliest backers is not a company but...
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OpenAI Shares Its Latest Cyber Model With EU, Anthropic Reportedly Holds Back Mythos
Monday, May 11, 2026 - 8:54am | 734Read More...OpenAI has agreed to provide the European Union (EU) with access to its latest cyber model. However, Anthropic reportedly remains reluctant to release its Mythos to the EU. The Sam Altman-led company has decided to grant access to its GPT-5.5-Cyber model to EU partners, including businesses,...
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Nvidia's AI Investment Bets Top $40 Billion In 2026, Led By OpenAI Stake
Saturday, May 9, 2026 - 10:40pm | 599Read More...Nvidia Corp. (NASDAQ:NVDA) reportedly committed more than $40 billion to AI equity investments in early 2026, anchored by a $30 billion bet on OpenAI. Chipmaker Doubles Down on Ecosystem Bets Beyond OpenAI, NVDA announced seven multi-billion-dollar deals in publicly traded companies, including up...
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Uber-Backed Lime Files For IPO After 29% Revenue Growth In FY25
Saturday, May 9, 2026 - 1:46am | 586Read More...The electric bike and scooter operator backed by Uber Technologies (NYSE:UBER), Lime, filed for a U.S. initial public offering on Friday, disclosing 29.1% revenue growth to $886.7 million in fiscal year 2025, planning to list on Nasdaq under the ticker “LIME.” IPO Amid Strong Revenue...
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Airbnb Reveals AI Agents Now Handle 60% Of New Coding— CEO Brian Chesky Says That Allows One Engineer To Do Work Of 20
Friday, May 8, 2026 - 10:43pm | 834Read More...Airbnb Inc. (NASDAQ:ABNB) said AI generated 60% of its new code in the first quarter, as the company reported an 18% revenue surge to $2.7 billion. One engineer can now handle work that previously required a team of 20, CEO Brian Chesky said on the company’s earnings call, with AI agents...
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OpenAI Launches Cybersecurity Preview To Challenge Anthropic's Mythos
Friday, May 8, 2026 - 3:17pm | 488Read More...OpenAI introduced a preview of GPT-5.5-Cyber on Thursday to a limited number of cybersecurity defenders, as part of its "broader work to build the core infrastructure for AI." For more sensitive workflows, OpenAI said it is offering GPT‑5.5‑Cyber in a limited preview with stronger verification and...
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Elon Musk's Court Struggles May Quietly Be A Win For Microsoft
Friday, May 8, 2026 - 9:48am | 532Read More...Elon Musk's legal battles are spreading across multiple fronts. And according to a report from The Information, the fight against OpenAI may be getting harder for Musk's side to win. But while the headlines focus on courtrooms, compensation fights and AI lawsuits, the quieter winner may be...
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SoftBank Scales Back Planned $10 Billion OpenAI Margin Loan After Lender Pushback: Report
Friday, May 8, 2026 - 8:42am | 652Read More...SoftBank Group Corp. (OTC:SFTBY) is reportedly scaling back plans for a margin loan backed by its stake in OpenAI after some lenders raised concerns over the valuation of the privately held artificial intelligence startup. According to a Bloomberg report on Friday, the Japanese investment giant and...
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TikTok Just Did What Google, ChatGPT And Instagram Couldn't
Thursday, May 7, 2026 - 3:32pm | 588Read More...TikTok may have just delivered one of the strangest internet stats of 2026. While Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google and YouTube, OpenAI‘s ChatGPT, Meta Platforms, Inc‘s (NASDAQ:META) Instagram, Elon Musk‘s X and even Reddit, Inc (NYSE:RDDT) all saw month-...
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Microsoft And Amazon Aren't Cheap: Analyst Says Earnings 'Mirage' Driven By OpenAI, Anthropic Dominating 50% Of Cloud Backlog
Wednesday, May 6, 2026 - 6:10am | 1108Read More...Big Tech valuations are facing intense scrutiny as a financial commentator warns that hyperscalers’ earnings are being artificially inflated by circular cloud computing contracts with AI giants OpenAI and Anthropic. ‘Total Mirage’ In Cloud Revenues Recent data reveals a staggering...
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Sam Altman's Financial Links To Greg Brockman Face Scrutiny In OpenAI Trial As Elon Musk Alleges Betrayal Of Nonprofit AI Mission
Tuesday, May 5, 2026 - 1:30am | 536Read More...On Monday, during testimony, Greg Brockman disclosed that his OpenAI equity stake is worth nearly $30 billion, while also revealing additional financial ties to Sam Altman through stakes in Altman-backed ventures and a share in Altman's family office. Greg Brockman's OpenAI Stake And Altman Ties...
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Chamath Palihapitiya Warns Power Crunch Could Cripple OpenAI And Anthropic, Says Elon Musk Holds Massive AI Leverage
Monday, May 4, 2026 - 2:49am | 1040Read More...Chamath Palihapitiya has said that the escalating shortage of power and computing infrastructure could become the defining threat to leading AI labs like OpenAI and Anthropic, while creating a major strategic opening for Elon Musk. AI Compute And Power Constraints Could Reshape The Industry During...
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David Sacks Backs Elon Musk On AI Bias, Warns Systems Could 'Lie'
Sunday, May 3, 2026 - 4:03am | 507Read More...Former White House AI and Crypto Czar David Sacks said he agrees with Elon Musk that training artificial intelligence to push ideological biases is dangerous and could ultimately enable AI to deceive users about its own actions. Sacks Draws The Line On AI Truthfulness “If you teach the AI to...
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Sam Altman Extends Invitation To OpenAI's Party To Elon Musk Amid Legal Battle: 'World Needs More Love'
Sunday, May 3, 2026 - 3:30am | 687Read More...After days of sparring in a federal courtroom, Sam Altman used a Saturday post on social media to extend a small olive branch to rival Elon Musk, saying Musk "can come if he wants" to a limited OpenAI gathering tied to the May 5 rollout of GPT-5.5. The gesture landed as Musk testified he didn't...
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Elon Musk's $4.8 Million Security Tab Reveals Rising Risks For Billionaire CEOs
Saturday, May 2, 2026 - 3:49am | 702Read More...Tesla (NASDAQ:TSLA) spent about $4.8 million on Elon Musk's security in 2025, up from $2.8 million a year earlier, according to its Thursday Securities and Exchange Commission filing. Rising Executive Security Costs Reflect Broader Threat Concerns Security spending for Elon Musk, who is also CEO of...
















