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.
OpenAI launches ad testing in free ChatGPT across the US while expanding its $8 monthly subscription globally, promising clearly labeled ads that won't influence responses or involve selling user data to advertisers.
Chinese AI firm Z.AI unveils GLM-Image, a groundbreaking 16-billion parameter image generation model trained entirely on Huawei processors without US hardware, as customs authorities simultaneously block Nvidia H200 chips, demonstrating China's growing semiconductor independence and confidence in competing with American technology.
Anthropic rockets to 40% of the $37 billion enterprise AI market, nearly doubling from 24% last year while OpenAI plummets from 50% to just 27%, with Anthropic dominating 54% of the $4 billion coding tools sector as true AI agents remain limited to only 16% of deployments.
Walmart partners with Google's Gemini AI to enable direct product discovery and purchasing through chatbot queries, as incoming CEO John Furner declares a complete AI transformation that rewrites retail operations while Google launches new commerce tools showing massive adoption growth.
PwC partners with Google Cloud to deploy AI agents across business workflows using Gemini Enterprise platform, slashing implementation time by 10x while already building 150+ agents internally, as 70% of tech companies fear falling behind AI-adopting competitors despite only 23% modeling AI's actual business impact.