Open AI

The AI boom has largely been viewed through the lens of chipmakers, with investors closely tracking the companies supplying the processors powering the next generation of artificial intelligence. Broadcom Inc. (NASDAQ:AVGO) may have just revealed a much bigger ambition. Financing The AI Boom...

The AI infrastructure buildout may be accelerating even faster than industry insiders anticipated. During Broadcom Inc‘s (NASDAQ:AVGO) fiscal second-quarter earnings call, CEO Hock Tan revealed that compute requirements from OpenAI and Anthropic are already running ahead of expectations set...

Anthropic on Monday announced that it has taken the first steps to make its public debut. The company revealed that it has confidentially submitted a draft registration statement on Form S-1 to the SEC for a proposed initial public offering. Anthropic has confidentially submitted a draft S-1...

On Wednesday, OpenAI CEO Sam Altman defended his company's political engagement as scrutiny intensifies over how much influence artificial intelligence firms wield in Washington through lobbying and campaign spending. OpenAI CEO Responds To Questions About AI Lobbying Efforts Speaking to reporters...

Sam Altman, OpenAI's CEO, is headed to Washington, D.C., for a round of meetings with congressional leaders and officials from President Donald Trump's administration as the White House moves to shape U.S. policy on artificial intelligence. An OpenAI spokesperson told CNBC that Altman planned to...

President Donald Trump‘s new AI executive order may have avoided the heavy-handed regulation that some in Silicon Valley feared, but it has opened a new question for investors: who will gain a seat at the table as Washington builds its framework for overseeing frontier AI systems? The order,...

The year 2026 could bring several of the most valuable private companies to the public markets and give investors new ways to invest in key growth themes like artificial intelligence, space, the cloud, and more. A new Benzinga poll shows which of the top potential 2026 IPOs could be the most...

Microsoft Corporation (NASDAQ:MSFT) has unveiled a series of new AI models in a bid to compete with Anthropic. Mustafa Suleyman, Microsoft’s AI chief, told The Financial Times that the company’s superintelligence team is focusing more on enterprise use cases, developers,...

OpenAI's ChatGPT has reached an estimated one billion global monthly active app users, marking one of the fastest adoption curves in consumer technology history. ChatGPT Hits 1 Billion Monthly Users Faster Than TikTok, Instagram According to estimates from market intelligence firm Sensor Tower,...

OpenAI and SpaceX are increasingly at the center of the venture secondary market, as investors crowd into a small group of private companies seen as the biggest liquidity events on the horizon. During a recent PitchBook webinar on venture secondaries, speakers said the market has become heavily...

OpenAI has hired former Ironclad CEO Jason Boehmig to lead its product team responsible for building products for the legal industry. "Today I am filled with hope. It's my first day at OpenAI, leading product for the legal vertical. I feel lucky to be here," Boehmig said in a LinkedIn post...

Investor Gary Black of The Future Fund LLC thinks that the upcoming SpaceX IPO could be behind the recent decline in Tesla Inc.‘s (NASDAQ:TSLA) stock price. SpaceX IPO Causing TSLA Decline? Sharing a screenshot of a post by influencer Sawyer Merritt on Monday, the investor weighed in on...

On Monday, the U.S. Securities and Exchange Commission pushed against concerns raised by a federal judge over its settlement with Elon Musk related to his delayed disclosure of Twitter share purchases. SEC Says Settlement Was Reached Through ‘Arm's Length Negotiations' In a filing submitted to...

Anthropic overtook OpenAI as the world's most valuable startup after raising $65 billion in Series H, valuing the company at $965 billion. Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital led the funding round. "This funding will help us serve the historic demand we are experiencing,...

Artificial intelligence coding tools such as Anthropic's Claude Code and OpenAI Codex showed signs of slowing after surging earlier this year, with independent AI researcher Rihard Jarc citing infrastructure limitations and softer enterprise spending. “It’s clear that growth for coding...