OpenAI launches GPT-5.4 with native computer-use and 1M token context as rival Claude hits #1 on the US App Store with record signups, while OpenAI's massive $110B funding round turns out to contain only ~$15B in immediately deployable cash.
OpenAI is abandoning plans to expand its Stargate data center with Oracle in Texas, choosing newer Nvidia GPU clusters elsewhere as the AI industry faces a growing crisis where data centers become obsolete faster than they can be built, leaving Oracle — which carries over $100 billion in debt and negative free cash flow — dangerously exposed as its stock tumbles 23% this year.
AI coding assistant Cursor surpasses $2 billion in annualized revenue, with its run rate doubling in just three months, as corporate clients now account for 60% of its business amid fierce competition in the booming AI-assisted development market.
At MWC's 4YFN showcase, AI startups are proving real-world impact beyond frontier models, with Ultralytics hitting 2.5 billion inferences, Biorce raising $52 million for clinical trials, and NeuralTrust securing EU backing to protect enterprise AI systems from cyber threats.
SRAM-centric AI chips are challenging GPU dominance as NVIDIA's $20B Groq IP licensing deal and Cerebras's 750 MW OpenAI partnership signal a major shift toward faster, lower-latency accelerators purpose-built for AI inference workloads.
Cluely CEO Roy Lee confesses his $7M ARR figure shared with TechCrunch was a lie, then compounds the scandal by falsely claiming the interview was unsolicited — contradicting records showing his own PR team proactively pitched it.
Nvidia CEO Jensen Huang signals a major shift in private AI investment strategy, confirming the company's $30 billion stake in OpenAI — part of a massive $110 billion funding round — will likely be its last before OpenAI's anticipated IPO later this year, with a separate $10 billion Anthropic investment also expected to be Nvidia's final private stake in the competing AI startup.
Anthropic is surging toward a $20 billion revenue run rate while simultaneously facing a dramatic clash with the Pentagon, which has declared the AI company a supply-chain risk after it sought restrictions on military use of its technology for surveillance and autonomous weapons.
Anthropic faces an existential crisis as a collapsed Pentagon deal over autonomous weapons disputes triggers a federal ban on its technology, puts $60 billion in venture capital at risk, and sees rival OpenAI swoop in to sign the rejected agreement.
AI coding assistant Cursor surpasses $2 billion in annualized revenue as of February 2026, doubling its run rate in just three months, with corporate clients driving 60% of revenue at a $29.3 billion valuation.