Archives

June 4, 2026 @ 8:27 am By Omar Faridi  |  

PitchBook has noted that as OpenAI prepares for a potential confidential S-1 filing and a Q4 2026 public debut targeting around $1 trillion, PitchBook’s latest research update now highlights significant tensions between the company’s (relatively) massive scale and its underlying business fundamentals. Valued at $852… Read More

June 2, 2026 @ 8:19 am By Omar Faridi  |  

OpenAI has extended access to its cybersecurity-focused artificial intelligence model to several UK based banking institutions. This initiative comes at a time when banks are grappling with evolving risks posed by sophisticated AI tools capable of identifying and exploiting system vulnerabilities. The model in question,… Read More

May 15, 2026 @ 12:24 pm By Omar Faridi  |  

Accenture Federal Services, part of Accenture (NYSE: ACN), has formed a major new alliance with OpenAI aimed at helping federal agencies quickly embrace, transition, and expand cutting-edge artificial intelligence technologies. As a designated OpenAI partner, the firm will guide clients from initial testing phases to fully… Read More

May 6, 2026 @ 7:24 pm By Omar Faridi  |  

PwC has unveiled an expanded partnership with OpenAI to develop the world’s first fully AI-native finance operation designed for large-scale organizations. Announced on May 5, 2026, the initiative integrates advanced agentic artificial intelligence with ongoing human oversight, aiming to fundamentally transform how finance teams operate…. Read More

May 1, 2026 @ 3:36 pm By Omar Faridi  |  

OpenAI’s goal of going public in the fourth quarter of 2026 now appears unattainable, according to a new analysis from PitchBook. The company’s heavy financial commitments are forcing a more realistic target of mid-to-late 2027. PitchBook added that public investors will demand several additional quarters… Read More

April 28, 2026 @ 7:50 pm By Omar Faridi  |  

Cryptocurrency investigator ZachXBT has leveled serious accusations against Worldcoin, the biometric identity project co-founded by OpenAI CEO Sam Altman. The claims draw direct parallels to the controversial practices that contributed to the spectacular downfall of Sam Bankman-Fried’s FTX empire, surfacing just as Elon Musk ramps… Read More

April 17, 2026 @ 6:09 pm By Omar Faridi  |  

OpenAI has purchased Hiro Finance, a specialized startup focused on intelligent personal money management. The transaction was first disclosed by Hiro’s founder and CEO, Ethan Bloch, via a professional networking update on April 13, 2026, with OpenAI promptly verifying the news to reporters. However, the… Read More

April 3, 2026 @ 12:21 am By Omar Faridi  |  

OpenAI has closed a new funding round, securing $122 billion in committed capital and achieving a post-money valuation of $852 billion. This substantial investment, backed by prominent partners including Amazon, NVIDIA, SoftBank, and Microsoft, along with numerous global institutions and venture firms, underscores the company’s… Read More

March 16, 2026 @ 10:05 am By JD Alois  |  

OpenAI Instant Checkout was announced in late 2025, but this month the company shared it was scaling back the project while focusing on merchant sites or integrated services. In September of 2025, OpenAI said it was “taking the first steps toward ChatGPT helping people buy,”… Read More

March 15, 2026 @ 4:33 am By Omar Faridi  |  

In a key move for personal finance in the United Kingdom, Experian has teamed up with OpenAI to introduce the nation’s inaugural credit score application embedded directly within ChatGPT. Announced on March 13, 2026, this feature allows users to quickly gauge how credit scores stack… Read More

March 14, 2026 @ 1:41 am By Omar Faridi  |  

In a move that aims to reshape how financial professionals interact with market information, OpenAI has embedded Alpaca Markets’ data capabilities into ChatGPT. Announced recently this month, the integration allows users to retrieve real-time and historical market insights using everyday language, eliminating the traditional friction… Read More

March 9, 2026 @ 8:53 pm By Omar Faridi  |  

In a significant development impacting the artificial intelligence sector, Caitlin Kalinowski, who oversaw hardware initiatives at OpenAI, has stepped down. Her departure stems from deep unease about what she views as a hastily arranged collaboration between top AI executives and the Pentagon on integrating advanced… Read More

March 1, 2026 @ 2:52 pm By Omar Faridi  |  

OpenAI has secured $110 billion in fresh capital, marking one of the most substantial private investments ever recorded. This infusion, announced recently, elevates the company’s valuation to approximately $730 billion before the investment, potentially reaching $840 billion afterward. Key contributors include Amazon with a $50… Read More

February 23, 2026 @ 4:20 pm By Omar Faridi  |  

A major controversy has surfaced at the intersection of artificial intelligence and cryptocurrency privacy. Persona, the firm responsible for conducting identity verification for OpenAI’s premium ChatGPT features, stands accused of forwarding sensitive user information—including linked cryptocurrency wallet addresses—directly to US federal agencies. Security researchers operating… Read More

February 22, 2026 @ 12:35 pm By Omar Faridi  |  

In a maneuver that underscores the deepening interdependence of AI hardware developers and frontier model developers, Nvidia (NASDAQ:NVDA) is nearing the completion of a $30 billion equity investment in OpenAI. According to Reuters reporting on February 20, 2026, this commitment represents a pivotal element in… Read More

January 19, 2026 @ 2:13 pm By Omar Faridi  |  

In a dramatic turn in the ongoing legal feud between tech billionaire Elon Musk and artificial intelligence focused OpenAI, prediction markets are signaling increased confidence in Musk’s potential victory. According to data from Kalshi, a platform allowing users to wager on real-world events, the probability… Read More

January 12, 2026 @ 11:17 am By Omar Faridi  |  

OpenAI and SoftBank have joined forces to invest $1 billion in SB Energy, a key player in infrastructure development. This funding is earmarked for scaling up SB Energy’s data center capabilities, addressing the surging demands of AI technologies. As part of the agreement, SB Energy… Read More

January 4, 2026 @ 2:28 pm By Omar Faridi  |  

In the evolving ecosystem of artificial intelligence, much attention has focused on rival chatbots like Alphabet (Google) (NASDAQ:GOOG) Gemini now effectively competing with OpenAI‘s ChatGPT. However, OpenAI CEO Sam Altman has seemingly shifted his focus to a potentially more long-term opponent: Apple (NASDAQ:AAPL). Altman appears… Read More

January 1, 2026 @ 8:17 pm By Omar Faridi  |  

In a recent escalation of the ongoing AI talent wars, OpenAI is poised to offer an unprecedented average of $1.5 million in stock-based compensation per employee in 2025, significantly surpassing established historical norms across the tech sector. This figure, derived from financial projections that were… Read More

November 25, 2025 @ 8:02 am By Tony Zerucha  |  

Target (NYSE: TGT) this week announced that consumers can shop inside ChatGPT, part of an effort to reimagine AI-powered shopping as a curated, conversational experience. In the new Target app in ChatGPT, users can ask for help. Launching next week in beta, Target will offer a complete… Read More