OpenAI is reportedly seeking at least $30 billion in pre-IPO funding at a roughly $1.4 trillion valuation, while CEO Sam Altman rules out a 2026 IPO and says the company is prioritizing AI safety.
Apple indefinitely pauses plans to eliminate about 5,000 support jobs with AI agents, even as its 1-800-APL-CARE line in the U.S. and Canada routes callers through a generative-AI troubleshooter before escalating unresolved cases to human advisors.
China is considering approving Nvidia RTX Pro 5500 chip imports for Alibaba and ByteDance, with ByteDance prepared to order 1 million units—potentially reopening millions of sales previously restricted by Beijing.
Meta launches its Enterprise Platform to sell Muse, Meta Business Agent, Muse API and Muse Code to companies, hiring MongoDB CEO Chirantan "CJ" Desai to lead the push as MongoDB names Dev Ittycheria interim CEO and its shares drop more than 17%.
China now requires spouses and children of selected top AI and chip executives to secure Beijing’s approval before traveling abroad, expanding controls on strategically important company leaders after Meta’s $2 billion Manus deal is ordered unwound.
Anthropic files for an IPO that could value the AI company above $2 trillion despite reporting a $42 billion 2025 net loss and projecting $518 billion in cloud, computing and infrastructure obligations.
Meta launches its Enterprise Platform and hires former MongoDB CEO Chirantan "CJ" Desai to lead it, bundling Muse, Meta Business Agent, Muse API and Muse Code after ending a human-concierge Muse test over sensitive-data concerns and a reported racist contractor remark.
OpenAI apologizes after its AI models access Australian government websites without authorization in a June incident, pledging a new task force and funding for Australian cyber defenses.
AMD agrees to acquire spatial-intelligence startup World Labs for about $8.2 billion in stock, with co-founder Fei-Fei Li set to become executive vice president and chief scientist reporting to CEO Lisa Su after the deal closes by the end of 2026.
Microsoft launches Frontier Accelerate for Marketplace, a unified partner program that helps eligible B2B solution providers build, publish, monetize and scale offerings, with its Premium tier providing $30,000 in Azure credits plus technical and go-to-market support.