OpenAI commits $250 million to help workers and the economy adapt to AI disruption, funding retraining programs, independent research, and long-term strategies to equitably distribute AI-generated wealth — a move that serves both public goodwill and the company's bottom line.
Robinhood launches Agentic Trading and an Agentic Credit Card, enabling users to connect AI agents that autonomously execute stock trades and credit card purchases through dedicated accounts equipped with spending caps, fraud detection, and instant agent disconnection for full user oversight.
Robinhood is now allowing AI agents to autonomously trade stocks and make purchases with real money on its platform, while warning users that these AI-driven strategies carry significant risk, including the potential loss of their entire investment.
DeepSeek is raising $10 billion in new funding while pledging to prioritize AGI research and open-source AI development over short-term profits, with founder Liang Wenfeng doubling down on the company's mission to push the boundaries of artificial intelligence.
DeepSeek slashes V4 Pro prices by 75% to $0.87 per million output tokens, dramatically undercutting rivals like GPT-5 and Claude Opus 4.7, igniting an AI price war while geopolitical tensions and accusations of unauthorized training data theft from Anthropic continue to cloud the Chinese AI company's rapid market expansion.
OpenAI and Anthropic are racing toward IPOs as both AI giants report explosive revenue growth, with OpenAI filing as soon as this week at an $850 billion valuation while Anthropic surges ahead with a projected $950 billion valuation and $10.9 billion in Q2 revenue.
AI hardware startup Hark, founded by Brett Adcock, raises $700M in a Series A round backed by Nvidia, AMD, Intel, and others, reaching a staggering $6B valuation amid intensifying competition in AI infrastructure.
Manus co-founders are racing to raise $1 billion to buy back their AI startup from Meta Platforms after Beijing ordered the $2 billion acquisition unwound, with plans to restructure the company as a Chinese joint venture and pursue a Hong Kong IPO.
OpenAI pushes toward a September IPO backed by Goldman Sachs and Morgan Stanley, just as Elon Musk loses his lawsuit against the company and prepares SpaceX's own IPO filing, setting up a high-stakes financial rivalry between two of tech's biggest names.
Chinese AI models are seizing over 60% market share on developer platforms, with costs up to nine times cheaper than American rivals like Anthropic, threatening the massive $800 billion-plus valuations OpenAI and Anthropic are counting on ahead of their upcoming IPOs.