OpenAI Board Chair Bret Taylor Says AI is Likely a Bubble
Bret Taylor, Sierra co-founder and OpenAI board chair, says AI investment is inflated but expects market corrections and consolidation.
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Bret Taylor, Sierra co-founder and OpenAI board chair, says AI investment is inflated but expects market corrections and consolidation.
OpenAI is in talks with Middle Eastern sovereign wealth funds about a potential funding round that could raise roughly $50 billion, underscoring sustained investor appetite for large-scale AI development.
The IMF raised its 2026 global growth forecast, citing resilience to easing U.S. tariffs and a sustained surge in artificial intelligence investment boosting productivity expectations.
Anthropic aims to raise $25B in a new round with Sequoia, GIC, and Coatue, reflecting soaring demand for AI and a $350B valuation for the Claude chatbot maker.
Taiwan plans closer AI ties with the US after a trade deal cutting tariffs and driving semiconductor and AI investment amid rising geopolitical tensions.
OpenAI has invested in Merge Labs, a brain-computer interface startup founded by CEO Sam Altman, as part of a $250 million seed round valuing the company at $850 million.
Barclays Research says humanoid robots are moving from experimental labs into real-world deployment as advances in AI and hardware reduce costs. The firm estimates the market could expand sharply over the next decade amid labor shortages.
Skild AI raised nearly $1.4 billion to advance a unified foundation model designed to control multiple types of robots. The funding values the company at more than $14 billion.
French defense technology startup Harmattan AI raised a $200 million Series B led by Dassault Aviation, lifting its valuation to $1.4 billion. The funding deepens a partnership focused on embedded AI for military aircraft and drones.
China-based AI startup MiniMax raised $620 million in its Hong Kong IPO, with shares doubling on the first day. The company develops large language models and AI applications for global users.
Andreessen Horowitz (a16z) raised over $15 billion across five new funds, including $1.7 billion for AI infrastructure and $6.75 billion for scaling startups, amid surging investor interest in tech.
Snowflake agreed to acquire observability platform Observe to strengthen telemetry monitoring and AI-scale data operations. The deal would mark Snowflake’s largest acquisition to date.
AI commerce startup Spangle raised $15 million in a Series A, valuing the company at $100 million. Its software delivers real-time, personalized shopping experiences for retailers using AI-generated recommendations.
Anthropic is preparing to raise $10 billion at a $350 billion valuation, nearly doubling its recent value. Major backers include GIC, Coatue, Microsoft, and Nvidia, supporting cloud expansion and AI model development.
Enterprise AI firm Articul8 secured more than half of a planned $70 million Series B round at a $500 million pre-money valuation. The company is targeting regulated industries with specialized AI systems deployed inside customer environments.