OpenAI’s First-Quarter Revenue Hits $5.7 Billion
The number circulating through the AI industry this week: OpenAI generated roughly $5.7 billion in revenue in the first quarter of 2026, according to The Information, citing two people with…
A Founding Member of OpenAI Joins Anthropic
The post was one sentence long and took an hour to reach nearly three million views. “Personal update: I’ve joined Anthropic,” Andrej Karpathy wrote on X this week, ending months…
Spotify and Universal Music Bet Fans Will Pay to Remix
The demo is easy to imagine: a fan takes a favorite song, changes the tempo, adds a beat, and the result — a cover or a remix made with AI…
Oura Files Confidentially for IPO at $11 Billion Valuation
The ring that tracks sleep, heart rate and recovery is heading to public markets. Oura, the Finnish-American company behind the Oura Ring, has confidentially submitted a draft registration statement to…
Lenovo Posts a Record Year and Sets Its Sights on $100 Billion
The target was stated plainly, with the confidence of a company that just finished its best year ever. Lenovo’s chairman and chief executive, Yuanqing Yang, said Friday that the company…
NetEase’s Games Business Keeps Delivering
The number that stood out in NetEase’s first-quarter report wasn’t the headline revenue. It was where the money came from. The Chinese internet company said Thursday that net revenue rose…
OpenAI Moves Toward an IPO, Filing Expected Within Weeks
The statement from OpenAI was brief and, for a company whose every move is parsed, carefully noncommittal: the company regularly evaluates a range of strategic options, and its focus remains…
SpaceX’s IPO Filing Reveals a $45 Billion Customer: Anthropic
Buried in the fine print of SpaceX’s registration statement, filed with the Securities and Exchange Commission on May 20, was a number larger than the company’s entire annual revenue. Anthropic,…
DeepSeek Makes Its Price Cut Permanent
For developers who track every fraction of a yuan per million tokens, the notice landed like a rate cut from a central bank. DeepSeek announced this week that the promotional…










