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OpenAI IPO Filing Could Reshape the Future of AI
OpenAI has taken a major step toward Wall Street by confidentially filing for an initial public offering with the U.S. Securities and Exchange Commission. The move could lead to one of the largest public listings in market history, with the ChatGPT maker reportedly valued at more than $850 billion. Although OpenAI has not confirmed when it plans to go public, the confidential filing allows regulators to review its financial disclosures before they are eventually made public t
Covertly AI
Jun 133 min read


ChatGPT Hits One Billion Users Despite Growing AI Concerns
ChatGPT has reached a major milestone in the artificial intelligence industry, becoming the fastest app in history to hit one billion monthly active app users. According to estimates from market intelligence firm Sensor Tower, OpenAI’s chatbot reached this mark in May, only about three and a half years after launching in November 2022. This achievement puts ChatGPT ahead of major platforms such as Google Maps, TikTok, and Instagram in terms of adoption speed. Google Maps prev
Covertly AI
Jun 123 min read


EU Orders Meta to Open WhatsApp to Rival AI Chatbots
The European Union has ordered Meta to restore free access to WhatsApp for rival artificial intelligence chatbot providers, escalating a high-profile antitrust dispute that could shape the future of AI competition across Europe. The decision comes as EU regulators continue investigating whether Meta abused its market power by restricting competitors' access to WhatsApp while favoring its own AI services. The European Commission, the European Union’s top competition authority,
Covertly AI
Jun 93 min read


OpenAI Misses Growth Targets as AI Competition Intensifies
Concerns about the future of the artificial intelligence boom intensified this week after multiple reports revealed that OpenAI, the company that helped ignite the generative AI race with ChatGPT, has reportedly fallen short of its own ambitious growth and revenue expectations. The developments have sparked wider questions about whether the enormous spending pouring into AI infrastructure can continue at its current pace and whether OpenAI can maintain its leadership position
Covertly AI
Jun 63 min read


AI Token Costs Are Forcing Companies to Rethink AI Spending
As artificial intelligence continues to reshape the business world, a new concern is emerging alongside the excitement surrounding the technology: cost. For the past few years, companies have focused heavily on increasing AI adoption, encouraging employees to use AI tools, and investing billions of dollars into developing more powerful models. Now, however, many organizations are beginning to realize that widespread AI use comes with significant expenses, particularly as toke
Covertly AI
Jun 43 min read


Florida Sues OpenAI Over ChatGPT Safety and Child Risk Claims
Florida has become the first U.S. state to file a lawsuit against OpenAI, marking a significant escalation in the growing debate over artificial intelligence safety and accountability. The lawsuit, filed by Florida Attorney General James Uthmeier, accuses OpenAI and CEO Sam Altman of prioritizing profits and rapid growth over user safety while concealing known risks associated with ChatGPT. The legal action alleges that OpenAI aggressively marketed ChatGPT as a safe and trust
Covertly AI
Jun 33 min read


OpenAI’s AI Breakthrough Solves an 80-Year-Old Math Mystery
OpenAI has surprised the mathematics world after one of its internal AI models found a counterexample to a famous problem first proposed by Hungarian mathematician Paul Erdős in 1946. The problem, known as the planar unit distance problem, asks a simple-sounding question: if a certain number of dots are placed on a flat plane, how many pairs of dots can be exactly one unit apart? For decades, mathematicians believed that grid-like arrangements were likely close to the best po
Covertly AI
May 313 min read


Nebius Stock Surges as Ex-OpenAI Fund Bets on AI Cloud
Nebius shares surged after a fund led by former OpenAI researcher Leopold Aschenbrenner disclosed a major stake in the AI cloud company, drawing fresh investor attention to one of the rising names in AI infrastructure. The fund, Situational Awareness, now owns about 12.4 million Class A shares in Nebius, representing roughly a 5 to 5.6 per cent stake. The disclosure pushed Nebius stock higher on Thursday, with shares rising around 7 to 9 per cent and reaching their highest le
Covertly AI
May 313 min read


Google AI Search Backlash Drives Users to DuckDuckGo
Google’s latest push to transform Search into an AI-powered experience is creating a surprising side effect: more users are turning to DuckDuckGo in search of a simpler, more traditional way to browse the web. Following Google’s announcements at its 2026 I/O developer conference, the privacy-focused search engine reported a major spike in app installs and traffic, fueled largely by users frustrated with the growing presence of AI-generated answers in Google Search. At I/O 202
Covertly AI
May 283 min read


Trump Delays AI Safety Order After Pushback From Tech Giants
President Donald Trump abruptly postponed a major artificial intelligence executive order on Thursday after intense pressure from Silicon Valley leaders who warned the proposal could slow innovation and weaken America’s competitive advantage against China. The move came just hours before a planned White House signing ceremony that would have included executives from some of the world’s largest AI companies, highlighting the growing influence of the tech industry over U.S. AI
Covertly AI
May 223 min read


AI Could Help Win a Nobel Prize Within a Year, Says Anthropic Co-Founder
Artificial intelligence is advancing at a pace that even many experts find difficult to fully comprehend, and few recent predictions have captured that sense of acceleration more dramatically than those made by Anthropic co-founder Jack Clark during a lecture at Oxford University. Clark argued that within the next 12 months, an AI system working alongside humans could contribute to a Nobel Prize-winning scientific discovery, marking what could become one of the most significa
Covertly AI
May 213 min read


Anthropic Acquires Stainless to Boost Claude AI Tools
Anthropic’s acquisition of Stainless marks another important step in the growing competition around AI developer tools and agent connectivity. As AI moves beyond simple chatbots and into agents that can complete tasks, connect to business systems, and interact with outside software, the tools that help developers build those connections are becoming more valuable. Stainless, founded in 2022 by former Stripe engineer Alex Rattray, specializes in generating software development
Covertly AI
May 193 min read


OpenAI Defeats Elon Musk in Major AI Lawsuit Verdict
A California jury has ruled in favor of OpenAI CEO Sam Altman in a closely watched legal battle brought by Elon Musk, ending one of the most dramatic courtroom clashes in the history of the artificial intelligence industry. The federal jury in Oakland found that Altman, OpenAI, company president Greg Brockman, and Microsoft were not liable for Musk’s claims that they had betrayed OpenAI’s original nonprofit mission for personal and commercial gain. After less than two hours o
Covertly AI
May 193 min read


Datadog Stock Soars as AI Infrastructure Winners Emerge
Datadog’s latest earnings report has sent a strong message across Wall Street: the artificial intelligence boom is creating clear winners in the software industry, especially among companies that support the infrastructure behind AI systems. The cloud monitoring company saw its stock surge more than 30% after reporting stronger-than-expected results and raising its guidance for the year. The jump marked one of Datadog’s biggest single-day gains since going public and showed i
Covertly AI
May 163 min read


Anthropic’s Claude Pushes AI Toward Proactive Work
Anthropic’s Claude is quickly moving beyond the idea of a simple chatbot and toward a future where AI can understand a person’s work, habits, and needs before they even ask for help. Cat Wu, Anthropic’s head of product for Claude Code and Cowork, recently explained that the next major step for AI assistants will be “proactivity.” Instead of only responding when users type a prompt, future AI systems could recognize patterns, set up automations, and help with tasks before user
Covertly AI
May 143 min read


SoftBank Invests $457M in Graphcore’s AI Chip Future
SoftBank has injected $457 million into Graphcore, the British AI chip company it acquired in 2024, as the Japanese investment giant continues expanding its role in artificial intelligence infrastructure and hardware. The funding was confirmed by Graphcore after a Companies House filing showed the company issued a single share valued at $457 million on April 10. The investment is part of SoftBank’s larger push to build the technology needed for the next generation of AI syste
Covertly AI
May 123 min read


Google Warns AI-Powered Cyberattacks Have Already Begun
Artificial intelligence is rapidly changing cybersecurity, and Google’s latest findings show that AI-powered hacking is no longer just a future concern. Google’s Threat Intelligence Group says criminal groups and state-linked actors are already using commercial AI models to make cyberattacks faster, more advanced, and easier to scale. The findings have raised concerns among governments, technology companies, and cybersecurity experts about how powerful AI systems could be use
Covertly AI
May 113 min read


Microsoft, Google, and xAI Open AI Models to U.S. Review
Microsoft, Google DeepMind, and Elon Musk’s xAI have agreed to give the U.S. government early access to their newest artificial intelligence models before they are released publicly. The agreement was announced by the Commerce Department’s Center for AI Standards and Innovation, known as CAISI. The goal is to let government researchers examine powerful AI systems ahead of public launch so they can better understand possible security risks, weaknesses, and national security co
Covertly AI
May 103 min read


Coinbase Layoffs Show How AI Is Reshaping the Workplace
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
Covertly AI
May 53 min read


Blackstone Launches AI Unit N1 to Lead Private Equity Shift
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
Covertly AI
May 33 min read
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