OpenAI CEO Sam Altman announces the company expects to surpass $20 billion in annualized revenue by 2025 and reach hundreds of billions by 2030, while committing a staggering $1.4 trillion over eight years for massive data center infrastructure expansion across enterprise, consumer devices, robotics, and AI cloud services.
Microsoft launches new MAI Superintelligence Team led by AI chief Mustafa Suleyman to develop advanced artificial intelligence applications for healthcare diagnostics, education, and renewable energy, marking the tech giant's push to reduce OpenAI dependence and compete with Meta's similar research investments.
Google unleashes Ironwood, its seventh-generation TPU chip that delivers four times faster AI processing than previous models and connects up to 9,216 chips in massive pods, with Anthropic planning to deploy 1 million units for Claude as the tech giant battles Nvidia's GPU dominance.
NVIDIA releases open-source NeMo Automodel library that delivers breakthrough 280 TFLOPs/sec GPU performance for AI training, enabling developers to train massive mixture-of-experts models in PyTorch with simplified infrastructure while achieving near-linear scaling across thousands of GPUs.
Alibaba-backed Chinese startup Moonshot unveils 'Kimi K2 Thinking' AI model that reportedly outperforms ChatGPT in autonomous task completion while costing just $4.6 million to train versus OpenAI's billions, as major U.S. companies like Airbnb embrace cheaper Chinese alternatives amid escalating global AI competition.
Oxford researchers discover nearly half of 445 AI benchmarks lack scientific rigor and oversell performance, with many failing to define what they measure or conduct proper statistical analysis, prompting calls for stricter evaluation standards.
Google unveils a new File Search Tool in its Gemini API that automatically processes documents into AI-ready knowledge bases, handling everything from storage to embeddings while charging just $0.15 per million tokens for indexing with free storage and query-time processing.
Anthropic projects explosive growth to $70 billion revenue by 2028 and seeks $300-400 billion valuation as its Claude AI products drive rapid business adoption, with Claude Code alone approaching $1 billion in annual revenue.
Cybersecurity firm Armis raises $435 million at a $6.1 billion valuation while boldly rejecting seven acquisition offers including a $5 billion bid from Thoma Bravo, choosing instead to pursue an IPO in late 2026 with $300 million in annual recurring revenue.
Pinterest stock crashes 21% as CEO warns Trump tariffs will damage Q4 revenue despite launching AI-powered shopping assistant and achieving major cost savings through open source AI models.