OpenAI has selected elite law firms Cooley and Wachtell, Lipton, Rosen & Katz to lead its preparations for a 2026 initial public offering, signaling a concrete step toward a public listing that could value the company at up to $1 trillion.

A UK House of Lords committee has urged the government not to weaken copyright protections for AI training, warning that a text-and-data-mining exception could devastate the nation's £124 billion creative sector for speculative AI gains.

The US Commerce Department has confirmed a new, stricter framework for AI accelerator export controls, formally replacing the Biden-era AI diffusion rule and requiring government licensing for strategic AI chip shipments to most countries.

OpenAI has surpassed $25 billion in annualized revenue, driven by surging enterprise adoption and API usage, as corporate AI spending continues to accelerate across industries worldwide.

A new OpenAI-led study introduces 'CoT controllability' as a safety metric, finding that current AI models cannot reliably manipulate their chain-of-thought reasoning — but warns that more powerful future systems could learn to deceive safety monitors.

SoftBank is pursuing a bridge loan of up to $40 billion, primarily to fund its stake in OpenAI, in what would be one of the largest financing deals ever arranged for a single technology investment.

OpenAI launches GPT-5.4, its most capable frontier model, featuring built-in computer-use capabilities, a 1-million-token context window, 33% fewer hallucinations, and new agentic workflow tools for professional tasks.

Anthropic's Claude app surpasses 1 million new sign-ups per day and overtakes ChatGPT in US daily downloads, as the Pentagon dispute paradoxically fuels a massive wave of consumer support.

Anthropic CEO Dario Amodei vows to challenge in court the Pentagon's unprecedented decision to label the AI company a national security supply chain risk, the first time a US firm has received such a designation.