Shirin Ghaffary / Bloomberg : Source: OpenAI is projecting that its revenue will exceed $280B in 2030; last month, OpenAI said its annual...
Source: OpenAI is projecting that its revenue will exceed $280B in 2030; last month, OpenAI said its annualized revenue grew to $20B+ in 2025 — OpenAI is projecting that its revenue will grow at a fast clip in the next few years and exceed $280 billion in 2030, according to a person familiar with the matter.
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Sources: OpenAI is telling investors it's targeting ~$600B in total compute spend by 2030, months after Sam Altman touted $1.4T in infrastructure commitments — OpenAI is telling investors that it's now targeting roughly $600 billion in total compute spend by 2030, months …
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Sources: OpenAI staff raised concerns about a Canadian mass shooting suspect months ago; OpenAI says her activity didn't meet the bar for reporting to police — ChatGPT maker opted against informing authorities about Jesse Van Rootselaar's descriptions of violence last June
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Phil Spencer will retire after 38 years at Microsoft; Asha Sharma, the president of product in Microsoft's Core AI business, will become the CEO of gaming — Microsoft's head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company faces increased challenges in its Xbox business.
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Xbox President Sarah Bond, long thought to be Phil Spencer's heir, is leaving; Xbox Game Studios head Matt Booty is promoted to Chief Content Officer — Spencer's run with Xbox ends just months shy of the brand's 25th anniversary. — Microsoft Gaming CEO Phil Spencer …
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Code Metal, which uses AI to let engineers translate legacy code into modern languages, raised a $125M Series B led by Salesforce Ventures at a $1.25B valuation — The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can't come at the cost of new bugs.
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Anthropic launches Claude Code Security, which “scans codebases for security vulnerabilities and suggests targeted software patches”; cybersecurity stocks fall — Shares of cybersecurity software companies tumbled Friday after Anthropic PBC introduced a new security feature into its Claude AI model.
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A US judge rejects Tesla's bid to overturn a $243M jury verdict over a fatal 2019 Autopilot crash, a blow for Tesla as it faces a growing wave of lawsuits — A federal judge has rejected Tesla's bid to overturn a $243 million jury verdict over a fatal 2019 Autopilot crash in Florida …
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Sources: Google may invest $100M in Fluidstack at a $7.5B valuation and has backstopped crypto miners that are building datacenters, seeking to expand TPU use — As more AI companies consider Google's chips, the company wants to use deals with external partners to expand the potential market
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Tech stocks rise slightly from their morning lows after the Supreme Court ruled that President Trump lacked the authority to impose sweeping global tariffs — Shares of tech goods makers rose off their morning lows on news of the high court's ruling. Tech goods have been some of the least …
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