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A field of 10 private giants, from OpenAI to Anthropic, is lining up behind SpaceX, whose $75 billion offering reset expectations for how large a market debut can be. Key Points: SpaceX priced its Jun. 12 debut at $135 and raised more than $75 billion, the largest offering on record. Analysts see Op

Z.ai has drawn new attention to China’s AI race with GLM-5.2, an open-weight model that developers say approaches U.S. frontier systems at lower cost. Key Points: GLM-5.2 has gained attention for coding, reasoning and AI agent work. The model’s lower operating cost could pressure OpenAI, Anthropic a

OpenAI’s proposal to give the U.S. government a 5% equity stake is being viewed by AI infrastructure and financial technology experts as more than a political compromise. They say it could mark a deeper shift toward state-aligned control over critical AI infrastructure, raising new questions for com

OpenAI has proposed handing the US government a 5% equity stake, worth roughly $42.6 billion, to seed a national fund that would share artificial intelligence profits with Americans. Key Points: OpenAI discussed transferring 5% of its equity to a government-linked public wealth fund. The stake would

Fresh head-to-head reviews pit OpenAI's GPT-5.6 Sol, holder of an 88.8% score on a leading coding benchmark, against Anthropic's Claude Fable 5 and its 80.3% software engineering mark. Key Points: GPT-5.6 Sol tops Terminal-Bench 2.1 at 88.8%, and its Ultra mode pushes the score to 91.9%. Claude Fabl