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OpenAI posts steep losses even as quarterly revenue rises to $10 billion, WSJ reports
OpenAI reported a quarterly revenue rise of approximately 50% to reach $10 billion in the third quarter. Despite this revenue growth, the company faced significant operating losses, which expanded to $10.9 billion. Investors are closely examining the finances of AI companies, including rivals like Anthropic, which is preparing for its IPO. The strong investor interest in AI persists despite ongoing profitability concerns in the sector.
OpenAI lets businesses claim ChatGPT profiles, adds AI agents for US ecommerce firms
OpenAI said on Tuesday it was launching "Businesses" in beta within ChatGPT, giving companies a way to claim and manage their profiles, update information and track how users engage
US stocks: Five things to know about Anthropic
Founded by former OpenAI researchers, Anthropic has grown into a major AI company backed by Amazon, Alphabet, Microsoft and Nvidia. As the Claude developer prepares for a landmark IPO, its safety-focused philosophy, unconventional roots and clash with the Pentagon are drawing renewed scrutiny.
Anthropic's potential mega IPO joins ranks of world's biggest stock market listings
Anthropic has kicked off its U.S. IPO roadshow, seeking to raise up to $64.4 billion by offering 825 million shares. This latest valuation stands at roughly $1.4 trillion, representing a drop from earlier estimations of $2 trillion. Notably, tech giants like Alphabet and Microsoft are set to invest $26 billion in a private placement.
Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costs
Anthropic aims to raise up to $64.4 billion in an upcoming IPO, representing a significant market debut. The company plans a valuation of up to $1.02 trillion, showcasing its ambitions in AI. Founded by former OpenAI researchers, Anthropic's revenue has rapidly surged with enterprise adoption of its AI models. While facing substantial operating losses, the company remains committed to its substantial infrastructure investments.
Man found a note in his kitchen. Now he’s suing OpenAI over what ChatGPT allegedly told his wife
A North Carolina man says he found a note that made him fear his wife was planning to poison him. He is suing OpenAI, alleging ChatGPT helped develop and conceal the plan.
AI bubble is coming, and there is no way out! Aswath Damodaran explains what investors should do before the crash begins
Valuation expert Aswath Damodaran believes an AI bubble is inevitable and investors cannot avoid its impact entirely. In a recent podcast, he traced the AI frenzy to ChatGPT's 2022 launch, which brought artificial intelligence into public consciousness. He explained how advances in computing power and access to vast amounts of data have transformed AI and fuelled today's enthusiasm.
Google hands schools the AI switch as learning concerns grow
Google plans to restrict access to its AI tools for K-12 students, pending administrator approval. This change follows feedback aimed at enhancing control over classroom AI usage. The company is also expanding its Guided Learning feature, which helps students solve problems systematically. Research shows mixed results regarding AI's impact on student performance and learning outcomes.
Here's how two major AI companies are limiting usage of their AI models
OpenAI has enacted new rules that disallow the stacking of paid ChatGPT subscriptions on a single device or payment card. Users hitting subscription caps will encounter an error message, preventing them from activating more subscriptions. Many users have complained about GrokBot's rapidly declining usage allocations. Elon Musk admitted the rising costs are contributing to Grok user dissatisfaction.
Instinct's WhatsApp scare: Glitch that cried wolf
The incident has also brought attention to Meta’s restrictions on competing AI assistants and the challenges facing companies building personal AI agents. Tanya Pandey explains what happened and why it matters.
China's robot makers have mastered the moves. Now comes the race for brains
The shift is fuelling an investment boom in embodied AI, a field focused on software that allows robots to understand their surroundings, learn unfamiliar tasks and adapt without having to be programmed for every job.
OpenAI to limit weapons information for teens on ChatGPT in violence-prevention push
The move comes as AI companies face growing scrutiny over the risks chatbots pose to young users and the companies' role in detecting threats of harm.
Does White House ask AI to decide policy? Democrats want the receipts
In a letter dated Wednesday and first obtained by Politico, congressmen Jamie Raskin and Robert Garcia said questions submitted by Trump and White House aides -- and the chatbots' answers -- constituted presidential records that must be preserved under federal law.
How ChatGPT's medical advice killed a woman; family sues OpenAI
Bowen was found dead in her Seattle apartment in February 2026. Her parents discovered the chatbot conversations on her phone while trying to understand what had happened after the funeral.
Why did Alphabet stock crash 10% as Microsoft shares rose nearly 4%? Google parent may face its worst post-earnings drop ever as search ads slow and cash flow turns negative
Alphabet (GOOGL) stock falls 10% after Q3 earnings: Alphabet, Google’s parent, saw its shares drop over 10% in US premarket trade on Thursday after weak September quarter results. Search ad revenue grew 12%, slower than 17% last quarter, and free cash flow turned negative at $9.07 billion. Microsoft shares rose nearly 4%. Morningstar raised its fair value estimate for Alphabet to $450 and calls the stock attractively priced.
New York passes law restricting children's use of AI chatbots
The governor of New York state signed a new law Wednesday preventing minors from using AI chatbots that act as companions, in one of the broadest moves yet for restricting consumer-facing models. "No longer will minors have access to chatbots that pretend to be their friends, boyfriends and girlfriends," New York Governor Kathy Hochul said at a signing ceremony Wednesday.
'Paid for OpenAI’s choices with her life': Seattle techie dies after allegedly changing medication dosage following ChatGPT advice
A tragic lawsuit has emerged following the death of Bowen Wan, a 31-year-old software engineer, due to complications from epilepsy. Her parents claim that misleading advice from OpenAI's ChatGPT contributed to her decision to lower her medication without medical guidance. Healthcare professionals stress the necessity of proper supervision when managing such serious conditions.
AI bubble to burst soon? Artificial Intelligence meltdown in China but Anthropic IPO at US Stock Market tell interesting stories of AI boom
Amid the billions — even trillions — at stake, worries about an AI boom are looming in the background along with concerns about keeping the technology under human control.
US political candidates tailor messages for AI models used by voters
US political candidates have been engineering their campaign messages to appeal to the AI chatbots that more voters have been using to answer questions about issues, and documents seen by Reuters have revealed some of their strategies.
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