OpenAI Employees Sell Up to $30M in Shares During Financing
OpenAI has allowed its employees to sell up to $30 million worth of shares each, leading to a significant financial windfall for many of them amid the ongoing artificial intelligence…
Anthropic seeks $30B funding at $900B valuation, aiming to surpass OpenAI
Anthropic is engaged in early negotiations to secure at least $30 billion in funding, which would place its valuation at over $900 billion. This significant funding round, anticipated to close…
Anthropic voids all secondary stock sales, PreStocks token drops 35%
Anthropic, the private AI lab known for developing Claude, announced that all sales or transfers of its stock will be considered void, leading to a significant 26% drop in its…
XAI’s Grok Voice ranks first in agentic performance benchmark
xAI’s Grok Voice Think Fast 1.0 has emerged as the leading Speech to Speech (S2S) model, achieving a performance rate of 52.1% in realistic customer service scenarios measured by the…
OpenAI grants European firms access to latest AI models for cybersecurity
OpenAI has announced that it will provide European companies, including Deutsche Telekom and BBVA, with access to its latest models, such as GPT-5.5-Cyber, to enhance their cybersecurity resilience. This initiative…
Nvidia explores orbital data centers for AI, joins SpaceX, Blue Origin
Nvidia is actively seeking an orbital data-center system architect, indicating a push toward the development of data centers in space, a concept gaining traction among technology companies like SpaceX and…
Cerebras Systems, Fervo Energy, Blackstone seek $8B in IPOs
On May 11, Cerebras Systems announced plans to sell 30 million Class A shares at $150 to $160 each in its upcoming IPO, following a successful upsizing of its offering,…
Elon Musk suggested OpenAI control should pass to his children, says Altman
In a federal jury trial in Oakland, California, Sam Altman, co-founder and CEO of OpenAI, testified that Elon Musk suggested control of the company could eventually pass to his children…
Shai-Hulud worm exploits npm, PyPI vulnerabilities to steal credentials
The emergence of the Shai-Hulud worm has raised significant concerns within development environments, as it targets credentials from over 100 critical file paths, including AWS keys and GitHub tokens, after…
OpenAI CEO Sam Altman testifies in Musk v. OpenAI trial
Sam Altman testified today in the Musk v. OpenAI trial, recounting tense moments from the company’s early negotiations in 2017, particularly opposing Elon Musk’s potential control over a for-profit branch.…