Business — page 26

OpenAI signs Malta deal to give every resident free ChatGPT Plus access
Malta becomes the first country to roll out ChatGPT Plus nationwide, as OpenAI courts sovereign customers in Europe.

OpenAI explores legal action against Apple over ChatGPT integration
Insiders say OpenAI expected billions in subscriptions from the Siri tie-up; instead, the deal is straining and renegotiation has stalled.

OpenAI reorganizes under Greg Brockman with four product pillars to chase agents
Brockman officially takes product as OpenAI merges ChatGPT and Codex into a single agentic platform ahead of a potential IPO.

Lake Tahoe loses its power supplier to Nevada's AI data center boom
Liberty Utilities' contract with NV Energy expires May 2027, and data center load requests dwarf the resort region's needs by 40x.

Greg Brockman takes over OpenAI products as ChatGPT and Codex merge
OpenAI is folding ChatGPT, Codex, and its API into one product team ahead of a planned IPO filing later this year.

Pennsylvania residents organize against 60 proposed data centers at virtual town hall
A two-hour online forum drew 225 attendees and aimed criticism at Gov. Josh Shapiro as a Quinnipiac poll finds 68% oppose local AI data centers.

Runway bets video generation is the path to world models at $5.3B valuation
The New York startup added $40M in ARR in Q2 2026 and is pivoting from filmmaker tools to world models that compete with Google's Genie.

China's short drama studios shift to AI, pumping out 470 new shows a day
FlexTV halted traditional shoots, Kunlun Tech lists 1,000 AI titles, and production costs fall up to 90% as generative video reshapes a $6.9B industry.

NV Energy to cut power to Lake Tahoe by May 2027 as Nevada data centers absorb capacity
Liberty Utilities must replace 75% of its supply for 49,000 California residents while Nevada plans for 5,900 megawatts of new data center demand.

Microsoft cancels Claude Code licenses, pushes engineers to Copilot CLI
After six months of internal Claude Code use, Microsoft's Experiences + Devices group is winding down access by June 30 — the last day of its fiscal year.

OpenAI weighs legal action against Apple over buried ChatGPT integration
Bloomberg reports OpenAI has hired outside counsel as the June 2024 Siri tie-up falls short of revenue projections.

Richard Socher's Recursive Superintelligence exits stealth with $650M
The You.com founder and DeepMind's Tim Rocktäschel are betting on open-endedness to crack recursive self-improvement.

Cerebras prices IPO at $5.5B, then stock doubles in first-day trading
Shares opened at $385 against a $185 IPO price, valuing the Nvidia challenger at $56.4B fully diluted.

Anthropic and Gates Foundation commit $200M to deploy Claude in global health and education
The four-year program covers grants, Claude credits, and engineering support across health, life sciences, education, and economic mobility.

Foxconn Q1 profit jumps 19% on AI server demand, beating forecasts
The world's largest contract electronics maker is riding the AI buildout, with Q1 earnings outpacing analyst estimates.

US clears Nvidia H200 chip sales to 10 China firms
The license carve-out marks the first major softening of Biden-era export controls on Nvidia's high-bandwidth AI accelerators bound for China.

Campbell Brown's Forum AI builds expert benchmarks to grade frontier models
The former Meta news chief raised $3M to test how ChatGPT, Gemini and rivals handle geopolitics, hiring and mental health.

SK Hynix nears $1 trillion market value as AI memory demand surges
The Korean memory maker is closing in on a milestone reached only by a handful of companies, powered by HBM orders from AI chipmakers.

Clio hits $500M ARR as Anthropic muscles into legal AI with Claude for Legal
The Canadian law-firm software vendor has more than doubled revenue in a year, but its core model supplier is now also a rival.

TSMC projects global chip market to reach $1.5 trillion by 2030 on AI demand
The world's largest contract chipmaker says AI workloads are the primary engine pushing semiconductor revenue past the trillion-dollar mark this decade.

Jensen Huang's foundation buys $108M of CoreWeave compute, donates it to researchers
The Nvidia CEO's foundation is routing eight-figure GPU capacity from CoreWeave to academic AI researchers rather than commercial customers.

Microsoft scouts startup deals to hedge its OpenAI dependence
Reuters reports Microsoft is in talks with multiple AI startups as it prepares for a future less tied to OpenAI's roadmap.

Hugging Face's Sasha Luccioni launches Sustainable AI Group with ex-Salesforce chief
Luccioni and Boris Gamazaychikov are betting enterprise buyers will pay for emissions transparency the big model labs won't provide.

Origin Lab raises $8M to broker video game data to world-model labs
Lightspeed leads a seed round for a marketplace pairing game studios with AI labs training models on physical-world dynamics.
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