Anthropic eyes mega IPO
Listing chatter grows while investors puff up valuations.
The dark satanic rumour mill has manufactured a hell-on-earth yarn claiming that Anthropic has started sketching one of the largest stock market debuts ever.
OpenAI plans to enshitify ChatGPT with adverts
Ads creep into the bot that was meant to stay clean
OpenAI looks poised to repeat the same clangers that turned Amazon and YouTube into rolling billboards by shoving ads into ChatGPT.
OpenAI’s future rides on mountain of risky loans
Partners stack colossal borrowings around the start-up
OpenAI’s rise looks flashier than a Vegas strip as its data centre pals rack up eye-watering loans so the chatbot darling can scale without sweating the repayments.
China’s power play jolts the AI race
Expert warns the West is missing the real contest
China’s sheer electrical muscle is about to reshape the AI race faster than many Western wonks care to admit.
OpenAI is digging a deeper money pit than anyone guessed
Loan me a trillion until next Friday, gov?
OpenAI is burning through cash at a staggering rate, and HSBC’s latest sums suggest the bonfire is far bigger than most expected.
Altman says OpenAI’s mystery gadget will look too simple
Hype continues while details stay hidden
OpenAI boss Sam Altman reckons the company’s new hardware will prompt people to mutter “that’s it?… It’s so simple” the moment they clap eyes on it.
Apple clings to Tim Cook while its talent legs it
Bloomberg pours cold water on CEO-exit fantasies as engineers flee for shinier toys
The fruity cargo cult, Apple cannot even manage a clean rumour cycle these days, with Bloomberg’s Mark Gurman now rubbishing earlier claims that Tim Cook was about to shuffle off the CEO perch next year.
Summers quits OpenAI over Epstein ties
Silicon Valley’s policy whisperer suddenly finds doors closing
Lawrence Summers has walked away from the OpenAI board, leaving a string of tech pals wondering how a man wired into half of Silicon Valley could think it clever to ask Jeffrey Epstein for personal advice.
Oracle faces curse of OpenAI
Big Red’s grand AI punt keeps shredding its own valuation
Oracle’s market value has been sliding like a greased ferret since 10 September, when it trumpeted its $300bn deal with OpenAI and watched roughly $315bn vanish in the process.
AI agents finally start doing some real work
BNY and Walmart claim their digital workers are more than flashy demos.
For all the noise about AI agents changing everything, most have looked like expensive toys waiting for a job. Now, a few early adopters say the graft is paying off.