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A cheap Chinese AI model is closing in on Anthropic and OpenAI

Chinese startup’s latest AI model has landed fourth on one of the industry’s most closely watched intelligence rankings, and it costs a fraction of what Anthropic or OpenAI charge for comparable performance. GLM-5.2, released last month by Beijing-based Z.ai, has become the talk of Silicon Valley for coding and agentic capabilities that edge close to […]

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SoftBank revives $10bn OpenAI-backed loan with a new sweetener for lenders

SoftBank has gone back to lenders with a $10bn loan proposal secured against its OpenAI stake, and this time it is offering to personally guarantee the debt, according to Reuters, which cited people familiar with the discussions. The concession gives banks recourse to SoftBank itself if the pledged OpenAI shares fall short of covering the […]

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OpenAI floats giving Trump administration 5 percent cut of AI boom 

OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share […]

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OpenAI has reportedly offered Washington a 5% stake worth $42.6bn

OpenAI has proposed handing the US government a 5% equity stake in the company, according to the Financial Times, as the White House and Silicon Valley’s best-funded startup edge closer to a deal that has been under discussion for more than a year. At OpenAI’s $852bn valuation, struck in its record-breaking March funding round, a […]

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OpenAI’s first hardware is a macro pad for Codex coders

OpenAI’s first piece of hardware is not the mysterious gadget everyone is waiting for. It is a small keyboard for people who talk to an AI all day. On Monday, the OpenAI Developers account posted a short video on X. It showed a small square device with a grid of buttons, glowing through a cycle […]

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Meta is telling engineers to handle Claude Code and Codex with care

Meta wants its own AI coding tools. To get there, it is telling its engineers to be careful with the rival tools they lean on today. Meta has placed strict limits on how engineers in its applied AI division use Anthropic’s Claude Code and OpenAI’s Codex, The Information reported. The worry is inadvertent distillation. One […]

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Meet the lawyer who beat Elon Musk — twice

Watching Elon Musk fulminate at Bill Savitt during Musk v. Altman – the case in which Musk sued Sam Altman and OpenAI instead of seeing a therapist about his AI failures – was a bit like watching a toddler have a temper tantrum at his nursery school teacher. Savitt’s questions were “designed to trick me,” […]

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Marc Andreessen says ChatGPT beats 99% of doctors. The evidence says no

Marc Andreessen has a bold new claim about your health. The billionaire investor says “Doctor ChatGPT” is already a better doctor than 99% of human ones. Doctors, and the peer-reviewed evidence, strongly disagree. Andreessen made the remark on Joe Rogan’s podcast in early June. The New York Post clipped the line, and it spread fast […]

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