OpenAI

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OpenAI is an AI research and product company that develops models and tools such as ChatGPT and Codex. Recent coverage focused on its funding target being cut from $30B to $20B and its valuation falling to $1.25T, alongside a cap on paid ChatGPT accounts per device and a planned merge of ChatGPT and Codex usage limits. OpenAI also updated its Model Spec with five principles, published 722 math manuscripts from an internal model, and fixed a flaw that let shared links hijack ChatGPT accounts.

Oura pauses IPO as Anthropic prospectus reveals cost of AI ambitions

Smart ring maker Oura postponed its IPO, citing market uncertainty; the deal had planned to raise up to $2.2 billion at $40-44 per share. Meanwhile Reuters detailed Anthropic's prospectus: 2025 revenue rose twelvefold to nearly $4.6 billion, with an $8.06 billion operating loss, a nearly $42 billion net loss, and $518 billion in future cloud and computing obligations.

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