OpenAI is renegotiating its partnership terms with Microsoft, looking to trim the tech giant's revenue share from 20% down to around 10% by 2030. The move is expected to save OpenAI $50 billion over time as it transitions to a standard for-profit model, freeing up massive capital for compute and talent.
OpenAI just clarified its corporate restructuring, revealing that its original nonprofit will retain governance control over a new Public Benefit Corporation while holding an equity stake exceeding $100 billion. The move creates one of the best-funded philanthropies in history to satisfy regulators, while simultaneously unlocking OpenAI's ability to raise massive new capital.
OpenAI just reportedly signed a staggering $300 billion computing deal with Oracle spanning roughly five years, kicking off in 2027. The contract fuels the massive 4.5-gigawatt Project Stargate initiative, completely dwarfing OpenAI's expected $12.7B revenue this year. The mega-deal helped Oracle's future contract revenue surge past $317 billion, sending its shares soaring.
Meta just signed a two-year deal worth $140 million with German startup Black Forest Labs to license its Flux image generation technology. The contract is backloaded, with Meta paying $35 million in year one and $105 million in year two. Why it matters: Following its recent Midjourney pact, Meta is pouring serious cash into leading visual labs to supercharge its creative tools.
Replit just launched Agent 3, an AI developer that can autonomously build, test, and debug code for over three hours straight without human intervention. Backed by a fresh $250M funding round at a $3B valuation, CEO Amjad Masad called it software's "full self-driving moment"—using a multi-agent architecture to boost uninterrupted runtime tenfold over its predecessor.
The co-founders behind Anchor just launched Oboe, an AI-powered platform that builds personalized learning courses in seconds from a single prompt. Powered by an internal multi-agent pipeline, it generates material across nine formats, including two-host podcasts, lecture audio, and interactive quizzes. Users get five free course creations monthly, with paid tiers starting at $15.
Mark Zuckerberg just promised Donald Trump at least $600 billion in U.S. AI spending through 2028, but a hot mic later caught him apologizing and admitting he "wasn't sure what number you wanted to go with." Zuckerberg quickly clarified on Threads that he wasn't sure which timeframe Trump meant, so he shared the lower estimate. It is a telling glimpse into tech's political maneuvering.
Rokid just raised over $1M in pre-orders in under 72 hours for its new Rokid Glasses, challenging Meta's Ray-Ban monopoly. Despite weighing just 49g, the frames pack a built-in heads-up display, native ChatGPT support, and 89-language live translation. Why it matters: It shows a growing appetite for smart glasses that offer actual visual interfaces without ballooning into bulky headsets.
Atlassian just agreed to acquire The Browser Company, the startup behind the Arc and Dia browsers. The workplace software giant plans to shape Dia into a dedicated browser for knowledge workers, injecting AI skills, personal work memory, and enterprise-grade security. Why it matters: Atlassian wants to control the actual canvas where daily SaaS work happens.
Donald Trump hosted top tech leaders at the White House on Thursday to highlight AI research and push for domestic spending. Meta and Apple executives claimed $600 billion in U.S. investments while Microsoft committed up to $80 billion annually, with OpenAI's Sam Altman at the table and Elon Musk absent.
Nvidia just reported record Q2 revenue of $46.7 billion, up 56% year-over-year, alongside $26.4 billion in net income. Growth was spearheaded by data center demand, with its Blackwell chips alone driving $27 billion in sales. However, regulatory uncertainty left the company with zero sales of its China-focused H20 chip to Chinese customers.
Aurelian just raised a $14M Series A led by NEA to deploy AI voice agents across chronically understaffed 911 dispatch centers. The voice assistant triages non-emergency calls like parking violations and noise complaints, while instantly handing real emergencies back to human dispatchers. Why it matters: In high-turnover public safety jobs, AI is stepping in to fill roles cities simply cannot hire humans for.
Eight Sleep just secured $100M in new funding to turn its smart beds into proactive health devices. The company is developing a "Sleep Agent" powered by LLMs that simulates thousands of biometric digital twins per sleeper, automatically adjusting bed temperatures and angles in real time to optimize nightly recovery.
OpenAI CEO Sam Altman just admitted that investors are overexcited and the industry is currently in an AI bubble, though he still calls it the most important technology in decades. He revealed ChatGPT now hits 700 million weekly users with servers running at full capacity, while explicitly shutting down any plans to turn the bot into an anime companion.
Former Twitter CEO Parag Agrawal just unveiled Parallel Web Systems with $30M in backing from Khosla Ventures and others to build an "Internet for AI." The startup launched its Deep Research API, aiming to replace human-centric browsing with a programmatic web tailored for autonomous AI agents.
Sam Altman just addressed the backlash over GPT-5's recent launch, admitting OpenAI "totally screwed up" aspects of the rollout and bringing back 4o for paid subscribers. He revealed ChatGPT now reaches 700 million weekly users, while warning that investors are overexcited and the industry is currently in an AI bubble.
ChatGPT head Nick Turley just admitted OpenAI is keeping its monetization options open, saying he won't categorically rule out bringing ads to the chatbot. As the company isn't projected to turn cash-flow positive until 2029, it is also actively testing a commerce affiliate program to take a cut from purchase recommendations. With over 700 million users, finding tasteful ways to make money without ruining the experience will be the real test.
xAI co-founder Igor Babuschkin just announced he is leaving the Elon Musk-backed startup to launch Babuschkin Ventures, a venture firm focused on AI safety research. Babuschkin previously led engineering at xAI after stints at DeepMind and OpenAI. His exit follows a turbulent stretch of Grok-related controversies over erratic answers and deepfakes.
Sam Altman and OpenAI are reportedly backing Merge Labs, a new startup developing brain implants to directly rival Elon Musk’s Neuralink. Altman has openly explored the idea of human-machine "merges" since 2017, framing it as a best-case future. Now, his high-profile rivalry with Musk is officially heading straight into the brain.
Anthropic just acqui-hired the co-founders and core engineering team behind Humanloop, an LLM prompt management and evaluation platform. While the deal doesn't include intellectual property, it brings crucial talent for building enterprise-grade evaluation workflows. As competition with OpenAI shifts to enterprise readiness, robust tooling and safety guardrails are becoming Anthropic's top priority.
