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OpenAI proposes giving US government 5% stake in company

OpenAI has considered a public-private partnership that would give the U.S. government a 5% stake in the company in a bid to quell growing unrest over the disruptions of artificial intelligence, the Financial Times reports, citing anonymous sourc…

AI-video startup Midjourney debuts ultrasound machine

Midjourney, an artificial intelligence startup known for generative images and videos, has announced its first hardware project. CEO David Holz unveiled the Midjourney Scanner, a full-body ultrasound machine aimed at the personal health sector. …

Autodesk commits $350M to help prepare students, educators, job-seekers, and professionals for the ‘AI jobs that design and make the physical world’

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OpenAI mulls major price cuts to compete with Anthropic

OpenAI is exploring substantial price cuts to attract users from rival Anthropic, reports The Wall Street Journal, citing anonymous sources. Both companies are facing pressure to win enterprise clients, with OpenAI CEO Sam Altman recently statin…

MANGOS acronym replaces FAANG as AI shifts tech landscape

This past decade saw the emergence of the acronym FAANG — Facebook (now Meta), Amazon, Apple, Netflix and Google (now Alphabet) — as shorthand for tech stocks that outperformed the market. But the tech landscape is on the brink of a major shift …

OpenAI says it has confidentially filed for an IPO

Artificial intelligence giant OpenAI says it has filed confidential paperwork for an initial public offering. In a brief statement, OpenAI says it has submitted its S-1 filing, but has "not decided" yet on the timing of an IPO, adding:…

Companies are letting AI gains go to waste, study says

A recent study by Boston Consulting Group highlights a significant increase in employee adoption of AI tools, with 74% of non-managerial white-collar workers using them regularly. More than 4 in 10 of those professionals report that artificial i…

Former Twitter CEO announces $100M Series B funding for AI infrastructure startup

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