Getty Images loses most claims in UK AI lawsuit

Getty Images has largely lost its London lawsuit against AI company Stability AI, though it secured a partial victory on trademark infringement. Sam Tobin reports for Reuters. The stock image company originally sued Stability AI for copyright breach, claiming the company used Getty’s images to train its Stable Diffusion image generator. However, Getty dropped this …

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OpenAI reportedly plans for IPO with potential $1 trillion valuation

OpenAI is preparing for an initial public offering that could value the company at up to $1 trillion, making it one of the largest IPOs in history. According to sources, the ChatGPT maker is considering a stock market debut as early as the second half of 2026. Echo Wang reports for Reuters, citing three people …

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PayPal to integrate its payment service into ChatGPT

PayPal has partnered with OpenAI to embed its digital wallet directly into ChatGPT. The agreement allows users to purchase items they discover through the artificial intelligence tool. Hugh Son reports for CNBC that the deal was finalized just now and is set to launch next year. The integration enables PayPal’s consumer and merchant networks to …

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OpenAI acquires AI startup founded by creators of Apple’s Shortcuts

OpenAI has announced the acquisition of Software Applications Incorporated, a startup founded by former Apple employees. The company is the creator of Sky, an AI assistant for Mac computers. The entire team from Software Applications Inc. will join OpenAI. The startup’s founders, Ari Weinstein and Conrad Kramer, are known for developing the app Workflow. Apple …

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Music and gaming companies shift from lawsuits to partnerships with AI firms

Major players in the music and gaming industries are moving from legal disputes over copyright to strategic collaborations with generative AI companies. This shift focuses on creating licensed AI tools that ensure artists and rights holders are compensated and maintain control over their work. A key example is the recent settlement between Universal Music Group …

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Microsoft and OpenAI redefine their partnership with a new agreement

Microsoft and OpenAI have announced a new definitive agreement that updates their partnership. According to a joint statement, posted on Microsoft’s and OpenAI’s website, the deal redefines the terms of their collaboration and corporate structure. As part of the changes, OpenAI has restructured its for-profit arm into a public benefit corporation (PBC), which remains under …

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OpenAI introduces new safeguards for Sora video app after deepfake backlash

OpenAI is implementing new restrictions for its AI video generator, Sora, following public backlash over unauthorized deepfakes of public figures. The changes come after the company faced pressure from the estate of Martin Luther King Jr. and actor Bryan Cranston. At the request of Dr. King’s estate, OpenAI announced it paused the ability for users …

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OpenAI reports $4.3 billion revenue amid massive losses

OpenAI generated $4.3 billion in revenue during the first half of 2025 but posted a net loss of $13.5 billion, according to financial disclosures to shareholders reported by TechInAsia based on coverage by The Information. More than half of the loss stems from the remeasurement of convertible interest rights. Research and development costs dominated expenses …

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OpenAI expands its affordable ChatGPT Go plan in Asia

OpenAI is rolling out its affordable ChatGPT Go subscription plan to 16 new countries in Asia. TechCrunch reports that the tier costs under $5 and provides users with higher daily limits for messages and file uploads, as well as twice the memory of the free plan. According to OpenAI, the expansion follows a fourfold increase …

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ChatGPT now has 800 million weekly active users

OpenAI’s chatbot ChatGPT has reached 800 million weekly active users. CEO Sam Altman announced the new milestone during the company’s developer conference, Dev Day. Rebecca Bellan reports for TechCrunch that this marks a significant increase in adoption. The user base has grown from 500 million weekly users at the end of March and 700 million …

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