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OpenAI pitched ChatGPT advertising to top marketers at Cannes Lions this week, defending a $100 billion revenue goal even as a $1 trillion IPO draws near. Key Points: OpenAI used its first Cannes Lions appearance to pitch ChatGPT ads to brands and agencies. It told investors the ad business could re

Coinbase launched pre-IPO perpetual futures tied to OpenAI on Jun. 22, joining Binance and fueling speculation that the ChatGPT maker could follow SpaceX onto public markets. Key Points: Coinbase opened OpenAI pre-IPO perpetual futures on Jun. 22, matching an earlier Binance contract. Pre-IPO perpet

President Donald Trump on Friday stated that Anthropic does not pose a national security threat and described the company as behaving responsibly. The comment came weeks after reporting suggested the administration had forced Anthropic to withdraw a model access proposal under government pressure. A

Amazon has shelved a nearly finished film about OpenAI chief Sam Altman, months after pouring $50 billion into the company behind ChatGPT. Key Points: Amazon MGM Studios pulled the completed biopic "Artificial" before its planned release. The reversal follows a $50 billion Amazon investment in OpenA

OpenAI is recruiting two marquee names, Google AI legend Noam Shazeer and former White House policy official Dean Ball, as it readies a public market debut. Key Points: Shazeer is leaving Google's Gemini team for OpenAI, less than two years after the search giant lured him back. Ball will lead a new