ChatGPT Maker Prepares for One of Biggest IPOs Ever at $1T Valuation
The Plans OpenAI is laying groundwork for an IPO that could value the company at up to $1 trillion. The ChatGPT maker is considering filing with regulators as soon as the second half of 2026, according to three people familiar with the matter. In preliminary discussions, OpenAI has looked at raising $60 billion at the […]
Apple and Google Finalize $1B Deal for AI-Powered Siri Rebuild
The Deal Apple is paying Google about $1 billion annually for access to an ultrapowerful AI model. The 1.2 trillion parameter system will help run Apple's long-promised Siri overhaul. The companies are finalizing an agreement after an extensive evaluation period. Apple's move represents a major acknowledgment that it has fallen behind in AI. Both stocks […]
AMD Targets Double-Digit Market Share Against Nvidia With 80% AI Growth
The Growth Projection AMD CEO Lisa Su laid out aggressive targets Tuesday. The company expects overall revenue to grow about 35% annually over the next three to five years, driven by what Su called "insatiable" AI chip demand. The AI data center business will grow even faster - about 80% per year over the same […]
House Passes Funding Bill to End Record 37-Day Government Shutdown
The Vote The House passed a funding bill Wednesday night 222-209, ending the longest government shutdown in US history. Two Republicans voted against it - Thomas Massie of Kentucky and Greg Steube of Florida. Six Democrats crossed party lines to vote yes. President Trump will sign the bill at 9:45 p.m. ET in the Oval […]
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