OpenAI files for IPO as AI companies race to go public

OpenAI has confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission. Ashley Capoot and Kate Rooney report for CNBC that the company, valued at $852 billion, is targeting a public debut as early as the fourth quarter of this year. The filing comes one week after rival Anthropic made …

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From chatbot to command center: OpenAI bets big on a ChatGPT superapp

OpenAI is planning a major overhaul of ChatGPT, transforming the chatbot into a so-called “superapp” that bundles coding tools, AI agents, and partner services into a single platform. Bipasha Dey reports for Reuters, citing a Financial Times story based on more than a dozen current and former OpenAI employees. The redesign will give greater prominence …

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Cloudflare CEO: Bot traffic surpasses human traffic online for the first time

Bot traffic has overtaken human traffic on the internet for the first time in history. Mark Tyson reports for Tom’s Hardware that Cloudflare CEO Matthew Prince publicly acknowledged the milestone, admitting he had not expected it to happen until 2027. “Welp, that happened faster than I predicted,” Prince wrote. According to Cloudflare data, bots now …

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Jeff Bezos backs $500 million bet on a brain-inspired AI startup

A New York-based startup called Flourish has raised $500 million to pursue one of AI’s most ambitious goals: building an artificial intelligence system that works like the human brain. Steven Levy reports for WIRED that Jeff Bezos led the early funding after reading a two-page pitch document, eventually contributing tens of millions of dollars and …

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Senator Bernie Sanders wants to give Americans ownership stake in AI companies

U.S. Senator Bernie Sanders plans to introduce the American AI Sovereign Wealth Fund Act, a bill that would give the American public a direct ownership stake in the largest artificial intelligence companies in the United States. Sanders writes for the New York Times that AI is built on collectively created human knowledge and that its …

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Google pledges to replenish more water than its data centers consume by 2030

Google has announced five commitments around water use at its data centers, including a pledge to replenish more water than it consumes by 2030. Lauren Feiner reports for The Verge that the company published the commitments in a blog post and is framing them as a model other data center operators could follow. Concern about …

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Is Europe finally ready to build its own Big Tech? The EU’s bold new plan explained

The European Commission has unveiled a sweeping technology package aimed at reducing Europe’s reliance on American digital infrastructure. Mathieu Pollet reports for Politico that the so-called tech sovereignty package is designed not to confront U.S. firms directly, but to build up European alternatives over the long term. The package is driven partly by concerns that …

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AI music startup Suno raises $400 million at a $5.4 billion valuation

AI music platform Suno has closed a $400 million funding round, valuing the company at $5.4 billion. Corbin Bolies reports for Variety that the Series D round was led by Bond Capital, with participation from IVP, Forerunner, Union Square Ventures, Alkeon Capital Management and Quiet. Previous backers Matrix, Lightspeed, Menlo Ventures and Schroders Capital also …

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Google will allow website owners in the UK to opt out of AI search results

Google is giving website owners the option to exclude their content from its AI-generated search features, including AI Overviews and AI Mode. The move follows a ruling by the UK’s Competition and Markets Authority (CMA), as Igor Bonifacic reports for Engadget and Imran Rahman-Jones reports for BBC News. Google plans to add a toggle inside …

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German court rules retailers liable for AI chatbot errors

A German appeals court has ruled that online retailers are fully liable for misleading information generated by their AI chatbots. Yvonne Bachmann reports for Händlerbund News that the Higher Regional Court of Hamm (Oberlandesgericht Hamm) issued the ruling on 12 May 2026 (case reference: 4 UKl 3/25). The case was brought by the consumer protection …

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