OpenAI Plans GPT-5.6 Launch This Month Amid IPO Preparations
GPT-5.6 is expected in June with what OpenAI calls meaningful gains over GPT-5.5, arriving alongside a ChatGPT overhaul and shifting public-listing plans.
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Bezos’s Prometheus Raises $12 Billion at $41 Billion Valuation
Jeff Bezos's industrial AI startup Prometheus raised $12 billion at a $41 billion valuation, emerging from stealth to build AI for engineering and manufacturing.
Google Releases DiffusionGemma, an Open Model for Faster Text Generation
Google released DiffusionGemma, an open model that generates text in parallel blocks for up to four times faster output on local GPUs.
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Xiaomi Open-Sources MiMo Code, a Terminal Coding Agent With Memory
Xiaomi MiMo Code is a free, MIT-licensed coding agent with persistent memory and parallel reasoning, forked from OpenCode and aimed at hundred-step tasks.
OpenAI Weighs Sharp Token Price Cuts to Counter Anthropic
OpenAI is weighing steep cuts to its token prices to win users from Anthropic, signaling a possible price war as both companies head toward IPOs.
Google Cuts AI Plus Price to $4.99 and Doubles Storage
Google AI Plus adds Gemini 3.1 Pro, Omni Flash video and family sharing while undercutting pricier ChatGPT and Anthropic subscription tiers in the US market.
OpenAI Employees Cash Out $6.6 Billion in Record Share Sale
More than 600 OpenAI employees sold a combined $6.6 billion in shares in October, marking one of the largest pre-IPO payouts in Silicon Valley history.
OpenAI Weighs $500 Billion Nvidia-Backed Ohio Data Center Lease
By
Olivia Grant
OpenAI is negotiating a 10-gigawatt Ohio data center lease that could cost at least $500 billion, with Nvidia guaranteeing the financing in one of the largest AI infrastructure bets yet proposed.
SpaceX Reveals Orbital AI Data Center Specs During IPO Week Roadshow
By
Olivia Grant
SpaceX has released its most detailed look yet at a planned orbital AI data center satellite, unveiling a 70-meter-wingspan structure during the same week the company is pitching investors on a $1.75 trillion public listing.
Apple Shares Drop 3% After WWDC as Analysts Flag Missing Siri AI Release Date
Apple fell 3% on Tuesday in its worst single-day decline since February, as investors sold off following Monday's WWDC announcements amid concern that Siri AI lacks a confirmed launch date and faces regulatory delays in two major markets.
JPMorgan to Deploy Long-Running AI Agents in 2026, Sees 20% Sales Lift
JPMorgan Chase plans to roll out AI agents capable of operating autonomously for one to two hours later this year, as the bank's chief analytics officer says the technology has moved from single-task tools to multi-step workflow managers.
Apple WWDC 2026 Keynote Today: Siri Overhaul and iOS 27 in Focus
Apple's WWDC 2026 keynote begins June 8 at 1PM ET, with a rebuilt Siri, Gemini integration, iOS 27 features, and new AI tools across apps and operating systems expected.
OneSoil and Rainbow Weather Launch AI Rainfall Forecasting for Farmers
OneSoil has partnered with Rainbow Weather to bring hyperlocal AI-powered rainfall forecasting to farmers worldwide, helping improve field operations and reduce weather-related losses.