OpenAI Makes $25 Billion a Year and Loses $14 Billion Doing It
OpenAI has hit $25 billion in annualized revenue faster than any software company in history — while projecting $14 billion in losses for 2026 and a breakeven date of 2030.
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OpenAI has hit $25 billion in annualized revenue faster than any software company in history — while projecting $14 billion in losses for 2026 and a breakeven date of 2030.
GPT-6 pre-training finished March 24. Sam Altman told staff launch was weeks away. An insider-predicted April 14 release came and went. Here's what the delay actually signals — and why the stakes are higher than any model release OpenAI has ever done.
SpaceX's confidential S-1 filing targets a $1.75–$2 trillion valuation, weeks after absorbing Elon Musk's xAI in a $250 billion all-stock merger.
The White House's new National Policy Framework for AI recommends federal preemption of state AI laws — and the DOJ is already moving to make that a reality.
Meta has committed to deploying a staggering 1 gigawatt of custom MTIA chips with Broadcom in a deal that extends through 2029 — the largest hyperscaler custom silicon commitment on record.
The AI-native search company has closed a $500 million Series D led by SoftBank Vision Fund 3, as monthly active users surpass 100 million and annualized revenue approaches $300 million.
Elon Musk's xAI has released Grok 4, its most capable model to date, posting leading scores on MMLU, GPQA, and SWE-bench while running on a Colossus cluster now expanded to 200,000 GPUs.
Eclipse Ventures has closed $1.3 billion in two new funds with an unusual twist: the firm plans to incubate physical AI startups from scratch, not just write checks.
Attorney Greg Lake becomes the first US lawyer to face an indefinite bar suspension after an AI model fabricated 20 of his Supreme Court citations — and he initially tried to cover it up.
CATL and BYD are deploying sodium-ion batteries at commercial scale in 2026, threatening to dislodge lithium-iron-phosphate as the default chemistry for affordable electric vehicles — and upend a supply chain built around lithium.
From Circle to Ripple to Stripe's stablecoin arm, over a dozen digital asset firms have scrambled for OCC national trust bank charters in a landmark sprint that is redrawing the boundaries between crypto and traditional finance.
AV and robotics startups raised $21.4 billion through mid-April 2026 — a 262% surge over all of 2025 — driven by Waymo's landmark $16B round and surging demand for physical AI platforms.
As World Quantum Day passes on April 14, experts warn that 'Q-Day' — the moment quantum computers can crack today's encryption — is no longer a distant theoretical threat.
Microsoft has pledged $10 billion to Japan over four years, targeting AI data centers, national cybersecurity, and a workforce training program covering one million engineers by 2030.
TSMC is fast-tracking 3nm production at its Arizona facility to 2027 — a full year ahead of schedule — as AI demand drives one of the most acute chip shortages in semiconductor history.
Researchers at Northwestern University have 3D-printed artificial neurons capable of genuine bidirectional communication with biological brain cells — a breakthrough with profound implications for neural medicine and brain-computer interfaces.
A new cybercrime-as-a-service platform called ATHR is selling fully automated AI voice phishing attacks at $4,000 a session — commercializing credential theft at industrial scale.
With the EU AI Act set for full enforcement on August 2, 2026, transatlantic tensions over AI governance are escalating — and the EU's own 'Digital Omnibus' is already drawing fire from rights groups.
Nvidia's release of open-source Ising AI models for quantum computing triggered one of the sector's biggest rallies in months, with IonQ and D-Wave both surging over 50%.
Once a YouTube sensation best known for viral backflips, Boston Dynamics is now valued at nearly 200 times its 2021 acquisition price, with all 2026 Atlas production units already committed to Hyundai and Google DeepMind.
The defense AI startup behind the Hivemind autonomous piloting platform has secured $2 billion in Series G financing, more than doubling its valuation in twelve months as the Pentagon accelerates its push toward autonomous warfare.
Pony.ai and Mate Rimac's Verne have launched Level 4 autonomous ride-hailing across 90 square kilometres of Zagreb, marking the first commercial robotaxi deployment in Europe.
Apple is presenting nearly 60 AI studies at ICLR 2026, headlined by SHARP — a model that reconstructs photorealistic 3D scenes from a single image in under one second on-device.
Anthropic's $30 billion Series G — the second-largest venture deal in history — cements its position as the enterprise AI market leader and raises the stakes for every competitor.