Anthropic's new industry-specific AI tools directly challenge companies that build products on top of its Claude models, reshaping the enterprise AI market.

OpenAI submitted a confidential S-1, setting up a potential blockbuster IPO after Anthropic and SpaceX moves.

Scale AI’s business prospects and revenue dynamics are under the spotlight after Meta’s major investment and talent deal.

Coinbase plans to cut about 14% of its workforce, with management citing AI-driven operational changes among the reasons.

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.

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.

OpenAI will begin testing ads on its free and Go tiers for ChatGPT users in the U.S. This strategic shift aims to create a sustainable business model to support the high cost of running AI services and expand access globally.