Coinbase is cutting 14% of its workforce as CEO Brian Armstrong pushes the company to become leaner, faster, and more focused on artificial intelligence. The layoffs are expected to affect about 700 employees, based on the company’s reported workforce size of 4,951 at the end of 2025. Armstrong said the decision comes as Coinbase faces two major pressures at once: a weaker crypto market and the rapid rise of AI tools that are changing how companies operate. In a letter to emp

Blackstone Inc. is making a significant organizational shift as it deepens its commitment to artificial intelligence, consolidating its growth-focused investing operations into a new West Coast division designed specifically around its AI and high-growth technology portfolio. The new unit, called Blackstone N1, will be based in San Francisco and will centralize the firm’s AI strategy, including investments in major companies such as OpenAI and Anthropic. This move reflects th

Anthropic, the company behind the Claude AI assistant, is reportedly considering one of the largest private funding rounds in technology history. The AI startup has received several preemptive offers to raise around $40 billion to $50 billion at a valuation between $850 billion and $900 billion. If completed, the deal would more than double Anthropic’s previous valuation of $380 billion from February and could place it at or above OpenAI’s recent private market valuation. Inv

Customers Bank CEO Sam Sidhu made an unusual announcement during the company’s first-quarter earnings call: the prepared remarks analysts had just heard were not read by him, but by his AI clone. Sidhu described it as a potential first for a public company earnings call and used the moment to highlight a much larger shift happening inside the bank. Customers Bank, a $25.9 billion asset lender focused on startups and small businesses, is now moving deeper into artificial intel

OpenAI’s latest AI models developed an unexpected habit: talking about goblins. After users and employees noticed ChatGPT and related tools using odd creature-based metaphors, OpenAI investigated why words like “goblin,” “gremlin,” and even references to raccoons, trolls, ogres, and pigeons were appearing more often in responses. What started as a strange but mostly harmless language quirk became a useful example of how AI training can accidentally reward and spread unusual b

Uber is moving further beyond ride-hailing with one of its biggest pushes yet into travel, shopping, delivery, and artificial intelligence. At its sixth annual GO-GET product showcase in New York, the company announced a wide range of features designed to turn Uber into a broader everyday platform. The updates include hotel bookings, AI-powered voice ride booking, expanded Uber One travel benefits, personal shopping, food pickups during premium rides, Travel Mode, and a redes

Elon Musk and Sam Altman are heading into one of the most closely watched legal battles in the artificial intelligence world, as Musk’s long-running lawsuit against OpenAI finally moves to trial. The case begins with jury selection in Oakland, California, before U.S. District Judge Yvonne Gonzalez Rogers, with opening arguments expected shortly after. Musk, Altman, OpenAI president Greg Brockman, and Microsoft CEO Satya Nadella are all listed among the possible witnesses. At

OpenAI has launched a major expansion of ChatGPT with the introduction of workspace agents, a system designed to move artificial intelligence beyond simple conversational assistance into fully autonomous, task-executing tools for organizations. Announced on April 22, 2026, the update allows teams to create shared AI agents that can manage complex, multi-step workflows across departments while operating within defined organizational permissions, controls, and security framewor

Meta has unveiled a new artificial intelligence model called Muse Spark, marking its first major AI release since the company reorganized its strategy and made a multibillion dollar push to catch up with rivals like OpenAI, Anthropic, and Google. The new model is being presented as an important turning point for Meta after the disappointing rollout of its earlier Llama 4 models, which failed to gain strong traction with developers. Now, with Alexandr Wang leading the company’

OpenAI is urging governments and businesses to start preparing now for a future shaped by far more powerful artificial intelligence, arguing that the shift could transform work, public policy, and the economy itself. In a new policy paper, the company says AI may soon complete projects that currently take people months, potentially reshaping how organizations operate, how knowledge is produced, and how people find meaning and opportunity in their careers. At the center of Ope

OpenAI’s decision to shut down Sora only six months after launch marks a surprisingly fast end for one of the company’s boldest consumer AI experiments. Released in September as a short form video app, Sora was designed to let users create, remix, and share AI generated clips in a social feed similar to TikTok. At first, the app looked like a major hit. It went viral almost immediately, reached one million downloads in less than five days, and later peaked at more than 3.3 mi

Artificial intelligence may be approaching a turning point far sooner than many businesses, investors, and governments expect. According to recent research highlighted by Morgan Stanley, the first half of 2026 could bring a dramatic leap in AI capabilities that reshapes entire industries. The investment bank warns that rapid advances in computing power and model training are pushing large language models toward a new level of performance, potentially triggering a wave of econ

The rapid rise of artificial intelligence has sparked a major confrontation between the United States government and one of the world’s leading AI companies. Anthropic, the developer of the Claude AI model, is now locked in a legal and political battle with the Pentagon after the Department of Defense labeled the company a “supply chain risk.” The conflict has brought renewed attention to how artificial intelligence should be used in warfare, surveillance, and national securi

Wikipedia recently marked its 25th anniversary, but the milestone arrives at a complicated moment for one of the internet’s most influential platforms. Launched on January 15, 2001, Wikipedia began as an experiment in open collaboration, a free online encyclopedia that anyone could edit. What started as a side project to support the more formal Nupedia quickly eclipsed its predecessor. By allowing users to bypass strict editorial review and contribute directly, Wikipedia rapi

Nvidia is signaling it may be done writing ever-larger equity checks to the AI startups it supplies, even as it remains the primary company selling the chips that make their ambitions possible. Speaking at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco on March 4, CEO Jensen Huang said Nvidia’s recent investments in OpenAI and Anthropic are likely to be its last in both companies, arguing that once they go public, the window for private investing

Canada’s federal government is pressing OpenAI for answers and concrete safety changes after the Feb. 10 mass shooting in Tumbler Ridge, B.C., a tragedy in which police say eight people were killed, including six at a secondary school. The case has intensified questions about what responsibility AI companies have when users post, or appear to post, content signaling real-world violence, and how quickly platforms should alert law enforcement. At the centre of the scrutiny is C

OpenAI is attempting to steady itself after a swiftly arranged deal with the U.S. Department of War (DoW) sparked intense public backlash, internal dissent, and renewed debate over artificial intelligence in military operations. The controversy began when OpenAI stepped in to secure a Pentagon contract almost immediately after its rival, Anthropic, was dropped. Anthropic had refused to loosen safeguards preventing its AI model, Claude, from being used for mass domestic survei

OpenAI is reportedly asking third-party contractors to upload real work they have completed in past and current jobs as part of an effort to improve the quality of training data used for its AI models. According to reporting from Wired, OpenAI is working with a training data company called Handshake AI to collect authentic workplace materials created by contractors, rather than relying solely on synthetic or hypothetical examples. This initiative appears to reflect a broade

OpenAI has begun the new year with another strategic acqui-hire, announcing that it will acquire the team behind Convogo, an AI-powered business software platform designed to support executive coaches, consultants, talent leaders, and HR teams. Convogo’s product focused on automating leadership assessments and streamlining feedback reports, helping professionals reduce administrative workload while improving the quality of insights delivered to clients. While the acquisitio

OpenAI has announced the launch of ChatGPT Health, a new dedicated experience designed to support the growing number of people who turn to ChatGPT for health and wellness information. According to the company, more than 230 million users globally ask health related questions on the platform every week, making it one of ChatGPT’s most common use cases (TechCrunch; OpenAI). ChatGPT Health aims to centralize these conversations in a separate, protected space, allowing users to