OpenAI Week: xAI Lawsuit Dismissed, India Deal, Crypto Market Folds
A judge tosses xAI's trade secret case against OpenAI, Nykaa brings ChatGPT shopping to India, and a crypto platform offering OpenAI stock trading shuts down.
#legal#partnerships
OpenAI news
Independent daily coverage of OpenAI's business, funding, and path to IPO, with sources cited on every story.
OpenAI leans toward a 2027 IPO as Altman holds firm on $1T
Reports say OpenAI may push its listing to 2027 rather than cut its valuation target, after a soft reception for SpaceX's debut and a broader tech pullback.
Read the latest →OpenAI Files Confidential IPO Paperwork With SEC
OpenAI has confidentially filed initial IPO paperwork with the SEC, joining Anthropic in a move toward public markets as investor appetite for AI exposure…
#ipo#sec filing
OpenAI confidentially files for a Wall Street IPO
OpenAI has confidentially filed a draft S-1 with the SEC, setting up one of the largest potential public debuts in history. No timing, price, or ticker is set.
#ipo#s-1
Florida Sues OpenAI and Altman Over AI Safety
Florida Attorney General James Uthmeier has filed a lawsuit against OpenAI and CEO Sam Altman, alleging harm from the company's AI products.
#legal#regulation
OpenAI Pushes Into Korea and Japan Enterprise Markets
OpenAI hosted its first corporate leadership event in South Korea and landed a new enterprise partnership with Fujitsu in Japan, signaling a focused Asia…
#enterprise#international
Musk Loses OpenAI Jury Verdict, Vows Appeal
A jury rejected Elon Musk's lawsuit against OpenAI, finding the company not liable. Musk has pledged to appeal as OpenAI pushes toward a September IPO.
#legal#ipo
Altman Takes the Stand; OpenAI Eyes Legal Action Against Apple
Sam Altman testified in the Musk trial this week, while OpenAI is reportedly preparing legal action against Apple as their ChatGPT partnership frays.
#lawsuit#ipo
Musk Trial Exposes Tesla Takeover Plot; Brockman Stake at $30B
Week two of Musk v. OpenAI delivers explosive testimony: Shivon Zilis says Musk wanted Tesla to absorb OpenAI, while Brockman pegs his equity at nearly $30B.
#lawsuit#valuation
OpenAI's Week of Legal Heat and a Microsoft Split
Elon Musk returned to the witness stand, Microsoft ended its exclusive partnership, and a WSJ report rattled infrastructure investors. Here's what moved…
#legal#microsoft
Robinhood Backs OpenAI at $75M, Codex Hits 4M Users
Robinhood's venture fund puts $75M into OpenAI, giving retail investors rare private-market access. Meanwhile, OpenAI's Codex coding tool hits 4 million…
#funding#valuation
OpenAI Buys Hiro Finance, Loses Two More Execs
OpenAI acquired personal finance app Hiro Finance and expanded its cybersecurity model access program, while two more executives departed in a continued…
#acquisitions#leadership
OpenAI Targets $100B Ad Revenue and Adds Mid-Tier Plan
OpenAI projects its advertising business will hit $2.5B in 2026 and $100B by 2030, while a new $100/month subscription tier targets power users.
#revenue#advertising
OpenAI Acquires Podcast, COO Exits in Shake-up
OpenAI bought tech podcast TBPN and announced a significant executive reshuffle, with COO Brad Lightcap moving to a new special projects role.
#leadership#acquisitions
OpenAI closes $122B round at an $852B valuation
OpenAI closed the largest private financing on record: $122B committed at an $852B post-money valuation, co-led by SoftBank with Amazon, Nvidia, and Microsoft.
#funding#valuation
OpenAI Closes Sora App and Offers PE Firms 17.5% Returns
OpenAI is shutting down its Sora social video app and offering private equity firms guaranteed 17.5% returns as part of its expanded funding round.
#funding#products
OpenAI to Double Headcount, Acquires Astral, Faces Lawsuit
OpenAI plans to nearly double its workforce to 8,000 by year-end, acquires Python tooling startup Astral, and faces a new copyright suit from Encyclopedia…
#hiring#acquisitions
OpenAI's Security Acquisition, Hardware Exit, and the Coding Debate
OpenAI moves to acquire AI security firm Promptfoo, loses its hardware chief over Pentagon concerns, and its chairman weighs in on hand-coding's future.
#acquisition#security
OpenAI at $25B Revenue, a GitHub Rival, and Nvidia Steps Back
OpenAI crosses $25B in annualised revenue, quietly builds a GitHub competitor, and Nvidia signals it won't invest further. A busy week for IPO watchers.
#revenue#funding
OpenAI's $110B Round: What the Investor Mix Signals
OpenAI closed a record $110 billion funding round at a $730 billion valuation, with SoftBank, Nvidia, and Amazon each making multi-billion commitments.
#funding#valuation
OpenAI Courts India, Targets Coding, and Lands Eternal Deal
OpenAI pushes into India's AI market, makes a coding talent move, and strikes a strategic deal with Indian food-delivery giant Eternal.
#partnerships#india
OpenAI Drops 'Safely' From Mission; SoftBank Books Gains
OpenAI quietly removed the word 'safely' from its mission statement as it restructures. SoftBank posted its fourth straight quarterly profit on OpenAI…
#mission#softbank
OpenAI's Chip Doubts and Enterprise Push: Feb 8
OpenAI reportedly sours on Nvidia's latest chips while inking new enterprise deals with Snowflake and Coty. A quiet but telling week for the company's…
#partnerships#hardware
OpenAI Week in Brief: Feb 1, 2026
OpenAI launched a free science workspace called Prism, signed a deal with PVH Corp., and mega-investors circle a reported $60B funding round.
#funding#partnerships
OpenAI Courts Governments on Data Centers and AI Adoption
OpenAI is pushing governments in Norway, the UAE, and beyond to build data centers and embed AI into public services, with a ServiceNow partnership adding…
#expansion#data-centers
OpenAI Tests Ads on ChatGPT, Acquires Health Startup Torch
OpenAI plans to run ads on ChatGPT for free and lower-tier US users, and paid $100M for healthcare startup Torch to bolster its health ambitions.
#revenue#advertising
OpenAI Launches ChatGPT Health, Hires Convogo Co-Founders
OpenAI unveiled ChatGPT Health this week, a dedicated health feature with encrypted chats and app integrations, while also bringing on the team behind…
#product#health
OpenAI Week in Brief: Jan 4, 2026
SoftBank's $40B round closes and Pinterest acquisition rumors surface, but there's little new ground to cover this week. A quiet start to 2026.
#funding#softbank
OpenAI Ads Push, Margin Gains, and Amazon Talks
OpenAI is reportedly advancing on advertising inside ChatGPT, hitting 70% compute margins, and exploring a deal with Amazon. A week's worth of key signals…
#advertising#margins