OpenAI is bulking up before its IPO, landing Transformer co-inventor Noam Shazeer from Google DeepMind and former Trump AI policy official Dean Ball in the same week.

Bernie Sanders has unveiled an aggressive plan to transfer trillions from leading AI firms to the public, and, to the likely horror of AI firms, it goes even further than expected to give Americans more control over the AI industry.

Sanders shared a summary of his legislation with AP News. If passed, the law would create a sovereign wealth fund “financed through a one-time 50 percent tax on the stock of the largest AI companies,” AP News reported. Any AI firm that does $200 million in annual AI sales would be subject to the tax, as would any new firm once it reaches that revenue level.

In total, Sanders estimated the fund could be worth $7 trillion, generating “hundreds of billions of dollars annually in direct payments to Americans and programs such as health care, education and housing,” AP News reported. Each American would likely receive more than $1,000 annually in 5 percent annual dividends, Sanders estimated.

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OpenAI is reportedly exploring an AI-agent smartphone with MediaTek, Qualcomm, and Luxshare, though the device remains unconfirmed.

I used ChatGPT to create action figures based on different eras of my life — the results felt oddly nostalgic

Tokenmaxxing was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage as far as it would go. Then the bill came due. Uber reportedly blew through its annual AI budget in a few months, some companies cut Claude licenses for parts of their org, and Meta killed its internal leaderboard.  This tension between […]

Hungarian mathematician Paul Erdős’ ‘planar unit distance conjecture’ has stood since 1946 – but an AI disproof has made mathematicians pay attention.

As OpenAI files SEC paperwork ahead of an expected initial public stock offering, newly leaked financial documents show a company with quickly growing revenues that are currently being overwhelmed by even larger expenses.

The audited financial statements, obtained by independent journalist Ed Zitron, show OpenAI's reported revenue growing from $3.7 billion in 2024 to $13.07 billion in 2025. The Financial Times, which reviewed the same documents, writes that the company's monthly revenues had grown to nearly $2 billion by the end of 2025, suggesting that its ongoing revenue rates continued to grow throughout the year.

R&D expenses alone still easily outpace OpenAI's quickly growing revenues. Credit: Ars Technica

But the company's fast-growing revenues are still dwarfed by its even more significant expenses. OpenAI's total revenues in both of the last two years were outpaced by research and development alone, which grew from a $7.81 billion line item in 2024 to a massive $19.18 billion cost in 2025. Those numbers seem to reflect the significant costs OpenAI incurred in training new models and include $10.59 billion in R&D costs paid to Microsoft alone in 2025.

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The chatbot still remains the most popular AI assistant worldwide with over 1.1 billion monthly users, followed by Gemini with 662 million and Claude with 245 million.

OpenAI faces a 42-state subpoena over ChatGPT safety, data practices, user engagement, and chatbot sycophancy. Here’s what’s at stake.

ChatGPT’s estimated 1 billion monthly app users show how quickly generative AI has moved into everyday workflows, but enterprise buyers still need proof of trust, governance, security controls, and measurable productivity.

It's not clear which states are involved, but they're asking about everything from OpenAI's ad policies to its handling of health data.

For all the noise that's been made about how generative AI is poised to revolutionize the filmmaking industry, there haven't really been any projects created with the technology that felt like the sort of entertainment people would pay to see. Most AI firms' video models are still only capable of churning out short bursts of visually inconsistent footage. And some of Hollywood's biggest AI partnerships have suddenly evaporated in ways that make it seem like studios might not be able to rely on the new technology coming out of Silicon Valley. For the most part, short-form video slop appears to be the only thing that major production houses ar …

Read the full story at The Verge.

OpenAI plans to acquire Ona to strengthen Codex with secure cloud workspaces for AI coding agents in enterprise software workflows.

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]

Elon Musk’s AI ecosystem spans xAI, Tesla, X, Neuralink, and SpaceX, connecting chatbots, robots, brain implants, and spacecraft.

These five AI image-editing prompts can help improve backgrounds, outfits, headshots, product photos, and image quality across today’s top tools.

Explore the biggest ChatGPT photo editing trends of 2026, from caricatures and toy-style portraits to nostalgic film edits and AI collages.

Visa and OpenAI are bringing payment tools to ChatGPT agents, raising new questions about fees, disputes, privacy, and user control.

OpenAI may soon make its artificial intelligence services cheaper. The Wall Street Journal reported on Wednesday, citing sources

OpenAI has confidentially filed a draft S-1 with the SEC, opening the door to an IPO as Anthropic and other AI firms eye public markets.