Coinbase is cutting 700 jobs — roughly 14% of its workforce — as CEO Brian Armstrong cites AI acceleration and crypto market volatility, with the $50–$60 million restructuring expected to wrap up this quarter amid a broader tech industry wave of AI-driven layoffs.
OpenAI launches GPT-5.5 Instant with 52% fewer hallucinations, replacing GPT-5.3 Instant as ChatGPT's default model while rolling out new memory controls across all ChatGPT models for greater user transparency and personalization.
Microsoft is expanding Copilot Cowork with mobile access on iOS and Android, reusable 'Skills' for repeatable workflows across Microsoft 365, and deeper integrations with tools like Power BI, Dynamics 365, Miro, and monday.com, making AI-powered task delegation more accessible and versatile than ever.
OpenAI rolls out GPT-5.5 Instant as ChatGPT's new default model, slashing hallucinations by over 52% on high-stakes topics like medicine and law, while delivering smarter, more personalized responses using past conversations and connected files.
Microsoft ends its exclusive deal with OpenAI as AWS immediately launches OpenAI models, Google Cloud breaks $20 billion in quarterly revenue, Elon Musk admits in court that xAI trained Grok using OpenAI models, and Meta's business AI explodes from 1 million to 10 million weekly conversations in under three months.
Anthropic and OpenAI are launching rival enterprise AI ventures worth billions, with Anthropic securing a $1.5 billion joint venture backed by Blackstone and Goldman Sachs, while OpenAI raises $4 billion for its $10 billion-valued Development Company, as both AI giants race toward potential IPOs.
A new open-source framework called open-slide now lets AI coding agents like Claude Code and Cursor build polished, React-based presentations from simple natural language descriptions, complete with presenter mode, a click-to-comment inspector, and one-command export to HTML or PDF.
Voice-Pro goes fully open-source, giving everyone free access to powerful AI voice cloning, speech recognition, multilingual text-to-speech, and vocal isolation tools as its developers shift focus to a new global communication platform.
Vercel open sources deepsec, an AI-powered security tool that scans codebases for vulnerabilities directly on users' own infrastructure, leveraging existing Claude or Codex subscriptions with a multi-step workflow that reduces false positives to just 10-20% and supports 1,000+ concurrent sandboxes for large repositories.
OpenAI overhauled its WebRTC architecture with a split relay-plus-transceiver model, enabling real-time voice AI to scale globally across Kubernetes for over 900 million weekly active users while minimizing latency without requiring custom client modifications.