OpenAI confidentially files a draft S-1 IPO registration with the SEC, publicly announcing the move preemptively to get ahead of expected leaks, though no timeline for a potential public offering has been set.
OpenAI is rolling out a major ChatGPT redesign in the coming weeks, integrating coding tools, image generation, and partner apps like Canva and Booking.com to attract enterprise users and boost revenue ahead of a potential IPO as early as September 2026.
OpenAI and Thrive Holdings have deployed a self-improving Tax AI that automates 1040 and 1041 tax return preparation, cutting document prep time by a third and achieving 97% accuracy through a three-part feedback loop that drove correct field completion from 25% to 90% of returns.
Apollo Global Management and Blackstone seal a landmark $35 billion financing deal to expand Anthropic's AI infrastructure, funding Google's custom AI chips in one of the largest financing arrangements in the artificial intelligence race.
Stockholm-based AI coding startup Lovable is seeking a staggering $12 billion valuation — nearly double its previous worth — after surpassing $400 million in annual recurring revenue and amassing 8 million users, including enterprise giants like Uber, Microsoft, and HubSpot, in less than two years.
OpenAI and the White House are in active talks to give the U.S. government an equity stake in the AI giant, potentially seeding a public wealth fund that would let American citizens share in the financial gains of AI growth.
President Trump is floating a plan for the U.S. government to take a small ownership stake in major AI companies, framing it as a 'partnership with the American public' that could make Americans 'rich' while boosting AI's popularity and maintaining America's competitive edge over China.
Chinese AI startup DeepSeek is raising $7.4 billion in its first-ever funding round, valuing the company at up to $59 billion, with founder Liang Wenfeng personally committing $3 billion and Tencent eyeing a major stake, as China accelerates its push for AI dominance following DeepSeek's models shaking confidence in U.S. …
Morgan Stanley is opening its stock administration platforms to external AI agents, allowing corporate clients to autonomously interact with firm systems without traditional logins — a bold move that puts the bank ahead of Wall Street rivals like JPMorgan and Goldman Sachs, with plans to expand access to all 3,400 …
AI music startup Suno secures a massive $400M Series D at a $5.4B valuation — more than doubling in worth in just seven months — even as copyright lawsuits from Universal Music Group, Sony, and GEMA allege unauthorized use of over 61,000 songs.