Elon Musk demands up to $134 billion from OpenAI and Microsoft, claiming the AI company defrauded him by abandoning its nonprofit mission after he provided $38 million in seed funding and early technical expertise, while OpenAI dismisses the lawsuit as harassment ahead of April's trial.
Despite 55 years of promises from COBOL to AI tools, the software industry's recurring attempts to replace developers continue failing because the real bottleneck isn't typing speed or syntax complexity, but the intellectual challenge of handling complex business logic and edge cases that require human judgment.
Vercel launches Agent Skills, a revolutionary package manager that equips AI coding agents with specialized abilities including 40+ React performance rules, 100+ web design guidelines, and automated deployment tools, installing via npm-like commands to enable natural language code reviews and structured development workflows.
Sequoia Capital abandons its own investment principles by joining Anthropic's massive $25 billion funding round at a $350 billion valuation, despite already backing AI rivals OpenAI and xAI, marking a dramatic shift from the firm's previous stance of avoiding competing portfolio companies.
Aibrary launches Nova, an AI companion that transforms millions of books into personalized podcasts and features memory-enabled learning experiences, debate partners, and daily AI-generated content across 170 countries.
Oracle teeters on junk bond status after borrowing heavily for $50 billion AI infrastructure spending to serve unprofitable OpenAI, while CoreWeave drowns in $15 billion debt and multiple AI companies trade at extreme valuations despite minimal revenue, signaling dangerous cracks in the tech sector's AI spending bubble.
OpenAI reveals plans to launch its first physical device in late 2026, a small screenless wearable gadget designed with former Apple design chief Jony Ive that CEO Sam Altman promises will be surprisingly simple and more 'peaceful' than smartphones.
Everyday people are using AI tools like Claude and ChatGPT to create personalized 'micro apps' for dining recommendations, health tracking, and habit monitoring within days, potentially disrupting the subscription software model as individuals build custom solutions instead of paying monthly fees for existing products.
HSBC analysts predict OpenAI will burn through $207 billion and remain unprofitable until 2030 despite reaching 44% of global adults, as the AI giant faces staggering $1.4 trillion compute costs and $620 billion data-center expenses that dwarf projected $213 billion revenues.
New security research reveals ChatGPT drives 71% of enterprise data exposures despite accounting for only 44% of AI usage, with analysis of 22.4 million prompts showing 579,000 contain sensitive company information including M&A data and financial projections.