Feed
Every AI development we have covered, newest first. Filter by section to focus on what matters to you.
The Verge reports that OpenAI is hosting its annual DevDay conference in San Francisco, featuring a keynote by CEO Sam Altman. The company is previewing more than 20 product launches alongside teased new capabilities, though specific technical details remain unannounced.
OpenAI is nearing $70 billion in annualized revenue, representing an approximate 70% increase compared to its pace at the start of the third quarter, according to reporting by The Information citing a briefed source. The acceleration is attributed to an expanded enterprise sales push alongside recent price cuts.
According to the Financial Times, Anthropic has submitted its S-1 IPO prospectus, reporting an $8 billion loss on $4.6 billion in revenue over the prior year. The Claude developer's public filing explicitly includes formal risk disclosures warning investors of existential risks to humanity. Claims are as reported; this summary makes no determination about accuracy or significance.
The Financial Times reports that the White House will host a meeting with artificial intelligence industry executives amid growing safety concerns, as the president continues to resist calls for formal AI regulation.
SiliconANGLE reports that Oracle Corp. has introduced Fusion Claw, an agentic software runtime designed to enable its Fusion applications to execute complex business workflows such as accounting reconciliation and staffing adjustments. The runtime integrates large language models for reasoning and planning with conventional software for calculations and transaction processing. Oracle is also rolling out 25 applications powered by the framework.
WIRED reports that OpenAI has delayed the release of its latest model, Astra, stating it requires additional work to meet safety standards. The company also issued an apology regarding its handling of a hack involving an Australian government website.
OpenAI has reopened its $200 Pro subscription to new sign-ups while reducing API credits per dollar by 50%. According to OpenAI employee Thibault Sottiaux, newer models including GPT-6 Sol and Luna provide efficiency gains that offset the credit reduction as the company shifts from subsidized flat-rate tiers toward usage-based billing.
