OpenAI targets $30B funding round at $1.25T valuation ahead of 2027 IPO
OpenAI is close to securing a $30B funding round at a $1.25T valuation, led by UAE investors and Coatue, as a bridge to its 2027 IPO.
AI Industry
Latest AI Industry coverage.
OpenAI engineer's $500K bail request denied as case raises AI security concerns
OpenAI engineer charged with unauthorized recording in office faces $500K bail as case sparks AI industry security debates.
Vistance CIO: AI's $10B push misses enterprise needs, favoring engineers over domain experts
Vistance Networks' CIO argues AI industry's $10B deployment focus fails enterprises, needing domain experts over engineers.
Anthropic's $2T IPO target faces $150B reality check from New Constructs
Anthropic's potential $2T valuation meets skepticism as New Constructs values it at $150B, citing losses and competition.
Mickey Friedman: AI's impact on humanity is still up for debate
Columnist Mickey Friedman explores AI's potential to bring either significant benefits or serious risks to society.
AI leaders agree to pace development, but China and Trump push back
AI leaders agree to pace development, but China and Trump push back
Cohere seeks $3B in funding, with Canadian backing
Cohere Inc., an AI startup, is in advanced talks to raise up to $3 billion, including financing from Canadian investors.
AI Everything Abu Dhabi to gather 350+ startups and $50B investors for deployment push
AI Everything Abu Dhabi unites 350+ AI startups and 200 investors with $50B in assets to drive real-world AI deployment.
Meta's $10B Anthropic spending spree complicates a $2T IPO
Meta projected $10B annual spending on Anthropic's AI models, while preparing its own competing tools and a $2T IPO for Anthropic.
Indian AI startups secure $1.2B in 2026, with $500M in the last quarter alone
Indian AI startups raised $1.2B in 2026, with $500M in Q4, driven by revenue and global demand, per MoneyControl.
Meta's $10B annual spend on Anthropic AI tools highlights complex industry ties
Meta projected $10B yearly expenditure on rival Anthropic's AI tools, revealing intricate financial ties in the AI industry.
OpenAI loses 12 execs as Brockman reshapes IPO-bound company
OpenAI's executive exodus continues with 12 departures, including key leadership roles, as Greg Brockman reasserts control ahead of the IPO.
OpenAI's Thibault Sottiaux on ChatGPT Work: 20M users, $20/month, and the magic of AI agents
OpenAI's Thibault Sottiaux discusses ChatGPT Work's rapid adoption, affordability, and the future of AI agents in the workplace.
Apple calls out OpenAI's 'implausible' trade secret defenses in heated court filing
Apple's latest legal filing dismisses OpenAI's arguments as implausible, escalating their trade secret dispute.
Cognition AI targets $40B valuation in new funding round
Cognition AI seeks $40B valuation in potential funding round, up 50% from last round
OpenAI enlists public support in Apple trade secrets dispute
OpenAI is rallying public opinion in its legal battle with Apple over alleged trade secret violations.
Palantir's Karp defends Anthropic's Amodei amid industry criticism
Palantir CEO Alex Karp praises Anthropic's Dario Amodei while criticizing rival AI firms' business practices.
GrantWatch lists 1,200+ active grants for AI startups
GrantWatch lists 1,200+ active grants for AI startups, offering funding opportunities for entrepreneurs
NVIDIA's Jensen Huang predicts OpenAI and Anthropic could top IPO records
NVIDIA CEO Jensen Huang says OpenAI and Anthropic could set new IPO success benchmarks, highlighting their market potential.
Anthropic's $965B valuation now hinges on a Google rent deal
Anthropic's $965B valuation and other AI funding rounds of $100M+ tracked weekly from first-party sources.
Karen Hao critiques AI's power concentration in 'Empire of AI
Karen Hao's 'Empire of AI' challenges the current power dynamics in the AI industry, advocating for a more equitable approach.
Anthropic's $1.2T valuation hinges on October IPO amid market volatility
Anthropic, creator of Claude AI, eyes a $1.2T valuation as it prepares for a potential October IPO, following strong private-market demand.
Anthropic's $1.5B copyright settlement: 500K authors to share payout
Anthropic agrees to a $1.5B settlement with authors and publishers over copyrighted works used to train its AI models.
OpenAI's $100B ad revenue target now looks 90% out of reach, per Emarketer
OpenAI's 2030 ad revenue target of $100B is now 90% out of reach, per Emarketer, as the entire chatbot ad market is projected to be just $5.4B.
Apple targets 40 ex-employees at OpenAI in escalating trade secrets dispute
Apple has sent legal notices to 40 former employees now at OpenAI, escalating a trade secrets dispute over alleged theft of confidential data.
OpenAI targets September 2026 IPO with potential $1T valuation, insiders say
OpenAI plans to file for an IPO as early as this week, aiming for a September 2026 debut with a potential $1T valuation.
Apple's misaddressed email derailed OpenAI talks ahead of $500M lawsuit
Apple's lawyer accidentally misaddressed emails to OpenAI, derailing talks before a $500M trade secret lawsuit.
Georgia Governor Kemp meets OpenAI and Georgia Power to address data center concerns
Governor Kemp discusses data center impact with OpenAI and Georgia Power amid community concerns in Atlanta.
Palantir's Alex Karp expresses concerns over Anthropic and OpenAI's rise
Palantir CEO Alex Karp warns of competitive threats from Anthropic and OpenAI amid AI industry growth.