OpenAI and Anthropic are targeting initial public offerings as early as fall 2026, with combined proceeds from the two AI giants expected to approach $200 billion. OpenAI, valued at roughly $852 billi…
Federal Reserve Bank of St. Louis President Alberto Musalem warned against relying on artificial intelligence to reduce inflation, stating it is "too early to outsource" the central bank's inflation-c…
CNN filed a copyright infringement lawsuit against Perplexity AI in the US District Court for the Southern District of New York, alleging the startup’s AI tools produce verbatim copies of the network’…
OpenAI and Anthropic are preparing for initial public offerings later this year, with OpenAI targeting September and Anthropic eyeing October or later, as the two AI giants seek to go public amid econ…
Microsoft will release a new AI coding model next week, aligning with its Build 2026 developer conference scheduled for June 2-3. The announcement follows the company's aggressive iteration on develop…
Gemini, the crypto exchange co-founded by Cameron and Tyler Winklevoss, is partnering with SpaceXAI to integrate its Grok AI model into the Gemini Predictions platform, creating a personalized feed of…
Groq, the AI inference chip startup founded by former Google TPU lead Jonathan Ross, is raising $650 million at a roughly $6 billion valuation to expand its GroqCloud services and develop next-generat…
Virtuals Protocol and the Ethereum Foundation's dAI team co-hosted the first builder session for ERC-8183, a proposed standard called "Agentic Commerce" that introduces a permissionless escrow system …
Mistral AI CEO Arthur Mensch warned Europe has roughly two years to build independent AI infrastructure or risk becoming a "vassal state" under US influence. The French startup is constructing a 10-me…
Anthropic, the AI safety company behind the Claude model family, opened a new office in Milan, marking its sixth European location in less than a year. The expansion follows a more than 9x year-over-y…
New York Federal Reserve President John C. Williams warned that robust business investment, driven predominantly by AI-related outlays, is propping up the U.S. economy as consumer spending, residentia…
Fireblocks, Robinhood, MetaMask, and more than 20 other financial and crypto firms launched the Open Transaction Layer (OTL), an open-source initiative establishing shared protocols for identity, mess…
Morgan Stanley projects European banks will eliminate more than 200,000 jobs by 2030, representing roughly 10% of the sector's workforce, as artificial intelligence and digitalization reshape back-off…
CoreWeave, the AI infrastructure company that pivoted from Ethereum mining, launched CoreWeave Sandboxes, a platform providing secure, isolated environments for reinforcement learning and AI agent tra…
Apple will preview iOS 27 at its Worldwide Developers Conference from June 8-12, featuring a redesigned Siri with a chatbot-style interface and a new "Extensions" framework that allows users to integr…
Animoca Brands invested $1 million in Superior.Trade through its new Minds Investment Programme, marking the first deal under a $10 million fund supporting startups building AI agent applications on t…
OpenAI announced on May 21 it will supply its specialized GPT-5.5-Cyber model to Japan’s three megabanks and the Japanese government for cybersecurity defense. The deployment follows Anthropic’s relea…
OpenAI will supply its GPT-5.5-Cyber model to Japan's three largest banks — MUFG Bank, Sumitomo Mitsui Banking Corp., and Mizuho Bank — as part of a US-Japan cybersecurity initiative covering 15 criti…
Ethereum co-founder Vitalik Buterin argued on May 28 that embracing open-source principles is Europe’s strongest path to competing in AI and technology, rather than trying to replicate Silicon Valley’…
NextEra Energy announced a $66.8 billion all-stock acquisition of Dominion Energy on May 18, 2026, creating a combined utility with 110 gigawatts of generation capacity and 10 million customers. The m…