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Read full article about: OpenAI planning IPO for late 2026, fears Anthropic might go public first

OpenAI is preparing for an IPO in the fourth quarter of 2026, the Wall Street Journal reports. The startup, valued at $500 billion, is holding informal talks with Wall Street banks and building out its finance team. Recent hires include Ajmere Dale as Chief Accounting Officer and Cynthia Gaylor for investor relations.

According to the report, OpenAI executives are worried internally that competitor Anthropic might beat them to the public markets. Anthropic has told financial partners it's open to an IPO by the end of 2026 and is expanding its finance team with experts like Andrew Zloto and former Blackstone investor Kevin Chang.

CEO Sam Altman said in a December podcast that he's not exited about running a public company. Some of those responsibilities will fall to Fidji Simo, the former Instacart CEO who now leads OpenAI Applications.

OpenAI is trying to raise more than $100 billion. The deal would value the startup at $830 billion. SoftBank is considering investing around $30 billion, while Amazon is negotiating a stake of up to $50 billion. Both AI startups are still burning billions of dollars annually. Anthropic expects to break even in 2028, while OpenAI doesn't anticipate reaching that milestone until 2030.

Comment Source: WSJ
Read full article about: SpaceX eyes merger with xAI that would unite Grok, Starlink, and X under one roof

SpaceX is negotiating a merger with Elon Musk's AI company xAI ahead of a planned IPO, Reuters reports. The deal would bring SpaceX, Starlink satellites, the social media platform X, and the Grok chatbot under one corporate roof.

According to Reuters, the merger would involve exchanging xAI shares for SpaceX stock. Two companies were reportedly incorporated in Nevada on January 21 to handle the transaction. One of them lists SpaceX and its CFO Bret Johnsen as managing partners. Some xAI executives may receive cash instead of shares.

No final agreement has been signed yet, and the timeline and structure remain undecided, Reuters says. SpaceX is currently the world's most valuable private company at $800 billion, while xAI was valued at $230 billion in November. According to Bloomberg, SpaceX is also exploring a merger with Tesla.

Read full article about: UK government taps Anthropic AI to help citizens find jobs

The British government has chosen Anthropic to develop an AI assistant for the GOV.UK website. The Department for Science, Innovation and Technology (DSIT) plans to use the system to help citizens navigate government services and receive personalized guidance. The initial focus will be on jobseekers - helping them with career advice, connecting them to training opportunities, and explaining available programs.

The partnership builds on a declaration of intent signed in February 2025. Anthropic engineers are collaborating directly with UK officials to ensure the government can eventually run the system on its own. Users will keep full control over their data and can opt out at any time.

Anthropic's regional head Pip White said the collaboration demonstrates how AI can be deployed safely for the public good. The company isn't the only US tech firm making moves in the UK - Microsoft, OpenAI, and Nvidia committed over 31 billion pounds to British AI infrastructure last year.

There's one notable difference between Anthropic and some of its competitors: while OpenAI holds a $200 million contract with the US Department of Defense, Anthropic prohibits US law enforcement agencies from using its models for domestic surveillance.

Read full article about: Nvidia pours $2 billion into Coreweave

Nvidia invests $2 billion in cloud provider Coreweave, buying shares at $87.20 each. The two companies are expanding their existing partnership to build AI data centers with more than 5 gigawatts of capacity by 2030.

As part of the deal, Coreweave will deploy multiple generations of Nvidia hardware, including the Rubin platform, Vera processors, and Bluefield storage systems. The partners also plan to integrate Coreweave's software into Nvidia's reference architectures for cloud providers and enterprise customers.

Coreweave went public in March 2025 and specializes in AI-optimized cloud services. The company is involved in expanding OpenAI's Stargate project. OpenAI has also invested several billion dollars in Coreweave.

New study disrupts the narrative that ChatGPT's launch triggered a job decline

The story sounds simple: ChatGPT launched, jobs in AI-exposed fields disappeared. But a new study shows the decline started months before the chatbot arrived. The researchers argue we shouldn’t pin all labor market problems on AI.

OpenAI CMO responds to "Woke AI" accusations by citing co-founder Brockman's $25 million MAGA donation

OpenAI’s head of marketing is pushing back against accusations that the company is “Woke AI,” pointing to $25 million in MAGA donations from co-founder Greg Brockman – and to her own marriage to a cattle rancher. The trigger: a new hire with Democratic ties.

Read full article about: Elon Musk's AI chatbot Grok flooded X with millions of sexualized images

Elon Musk's AI chatbot Grok generated at least 1.8 million sexualized images of women and posted them on X over just nine days. That's according to the New York Times and the Center for Countering Digital Hate (CCDH), which conducted a data analysis. The CCDH estimates that roughly 65 percent of the images contained sexualized depictions of men, women, or children.

  Count in sample Out of 20,000 sampled (based on AI-assisted analysis) Share of sample Percentage of 20,000 sampled (based on AI-assisted analysis) Estimated Total on X
Extrapolated estimate (based on overall total of 4.6m images made by Grok)
Sexualized Images (Adults &
Children)
12,995 65% 3,002,712
Sexualized Images
(Likely Children)
101 0.5% 23,338

The flood of images started on December 31 after Musk shared a bikini picture of himself that Grok had created. Users quickly figured out they could ask the chatbot to undress or sexualize real photos of women and children. X didn't restrict the feature until January 8 and expanded those restrictions last week after authorities in the UK, India, Malaysia, and the US launched investigations.