OpenAI

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Key Facts

Founded2015

Key PeopleSam Altman, Greg Brockman

HeadquartersSan Francisco, USA

ProductsChatGPT, GPT, Codex, ChatGPT Health

Top News

AI Boom Sends San Francisco Housing Market Soaring as Homes Sell $1M Above Asking Price

San Francisco's housing market is experiencing unprecedented growth driven by AI wealth from companies like OpenAI and Anthropic. More than 140 homes sold for at least $1 million above asking price in the first half of 2026, compared to just eight in the same period last year. With both AI giants preparing for IPOs valued near $1 trillion, the city's median home price has reached a record $1.76 million, up 19% year-over-year.

Business4 sources

AI Boom Sends San Francisco Housing Market Soaring as Homes Sell $1M Above Asking Price

Business4 sources

Temasek plans to triple AI investments to 15% of portfolio by 2031, targeting $60 billion shift

Singapore's sovereign wealth fund Temasek announced plans to nearly triple its AI exposure from 6% to 15% of its $400 billion portfolio by 2031. The state investor will target five key areas including semiconductors, data centers, and foundation models like OpenAI and Anthropic. This strategic shift comes as Temasek's portfolio value hit a record S$518 billion with 10.5% returns last year.

Business6 sources

Temasek plans to triple AI investments to 15% of portfolio by 2031, targeting $60 billion shift

Business6 sources

OpenAI releases GPT-5.6 models after government review, unveils ChatGPT Work to compete in AI agent race

OpenAI is launching its GPT-5.6 model family—Sol, Terra, and Luna—on July 9 after receiving government approval following weeks of regulatory review. The flagship Sol model delivers 54% better token efficiency on agentic coding tasks and fewer hallucinations than previous versions. Alongside the AI model release, OpenAI unveiled ChatGPT Work, a new AI agent combining ChatGPT and Codex capabilities to compete directly with Anthropic's Claude Cowork in the race to make AI agents useful for everyday consumers.

Technology36 sources

OpenAI releases GPT-5.6 models after government review, unveils ChatGPT Work to compete in AI agent race

Technology36 sources

Microsoft shifts thousands of Office prompts to in-house AI models to slash soaring costs

Microsoft has begun routing tens of thousands of weekly AI prompts in Excel and Outlook through its own MAI models instead of relying on OpenAI and Anthropic. The shift marks a strategic pivot as AI token costs spiral across the industry, with Microsoft AI CEO Mustafa Suleyman stating the goal is to 'reduce and ultimately eliminate' payments to Anthropic.

Business6 sources

Microsoft shifts thousands of Office prompts to in-house AI models to slash soaring costs

Business6 sources

Thrive Holdings secures $2 billion from SoftBank and investors to acquire traditional businesses

Thrive Holdings, affiliated with Josh Kushner's Thrive Capital, is raising $2 billion from SoftBank, Altimeter Capital, and D1 Capital Partners. The firm plans to acquire controlling stakes in traditional service businesses and transform them using AI-powered automation, focusing on accounting and IT services.

Business2 sources

Thrive Holdings secures $2 billion from SoftBank and investors to acquire traditional businesses

Business2 sources

Ukraine shifts AI policy to self-hosted models after U.S. restricts Anthropic access

Ukraine will prioritize AI systems it can run on its own servers, a senior official announced, as wartime Kyiv seeks independence from remote systems that providers can restrict. The policy shift follows U.S. government orders to Anthropic to cut access to powerful models, with Ukraine's Chief AI Officer calling AI sovereignty "a necessity, not just a defensive talking point."

Policy3 sources

Ukraine shifts AI policy to self-hosted models after U.S. restricts Anthropic access

Policy3 sources

AI companies retreat from safety pledges as industry-wide rankings reveal troubling decline

The Future of Life Institute's latest AI Safety Index shows a troubling trend: no AI company earned an A grade in any category, with top-ranked Anthropic receiving only a C+. Major AI labs including OpenAI, Google DeepMind, and Meta have weakened or eliminated earlier commitments to pause development if systems approached danger thresholds, signaling the erosion of voluntary safety frameworks before governments establish durable alternatives.

Policy4 sources

AI companies retreat from safety pledges as industry-wide rankings reveal troubling decline

Policy4 sources

Companies slash AI costs 65% by making Claude and Codex talk like cavemen

Developers at OpenAI, Nvidia, and GitHub are using a 'caveman' plugin that strips verbose AI responses down to bare essentials. The tool, created by Julius Brussee, reduces token usage by 65% as companies scramble to curb rising AI costs. A senior OpenAI employee has even contributed code to the project, highlighting the industry's urgent need for cost-saving measures.

Technology2 sources

Companies slash AI costs 65% by making Claude and Codex talk like cavemen

Technology2 sources

Scotland votes to freeze datacentres as UK AI strategy faces scrutiny over phantom investments

Scotland's governing party has voted to freeze all new datacentre construction, putting the UK AI strategy at risk. The move comes as investigations reveal major AI infrastructure projects were announced without due diligence, proper power provision, or verified investments—exposing a gap between government press releases and actual construction.

Policy6 sources

Scotland votes to freeze datacentres as UK AI strategy faces scrutiny over phantom investments

Policy6 sources

Trump won't create an AI regulator, departing adviser Sriram Krishnan says amid rising backlash

Sriram Krishnan, Trump's departing AI adviser, firmly rules out creating an FDA for AI, calling centralized licensing "sand in the gears" of innovation. His stance comes as public backlash against AI intensifies, with 75 data center projects worth $130 billion disrupted by local opposition in early 2026, even as the White House uses emergency powers to halt advanced models from Anthropic and OpenAI.

Policy3 sources

Trump won't create an AI regulator, departing adviser Sriram Krishnan says amid rising backlash

Policy3 sources

US-China AI tensions reach new heights as both nations move to restrict each other's models

The geopolitical standoff over AI intensified this week as Beijing held talks about curbing overseas access to Chinese AI models while Washington probed American companies adopting cost-effective AI alternatives from China. Both nations now treat advanced AI as a critical national asset requiring stringent controls, with officials citing national security concerns and ideological influence of AI systems.

Policy25 sources

US-China AI tensions reach new heights as both nations move to restrict each other's models

Policy25 sources

Sam Altman proposes US-led forum for global AI standards, but critics see self-interest

OpenAI's Sam Altman is advocating for a US-led international forum to establish global AI safety standards, drawing parallels to nuclear oversight. But the proposal raises questions about whether it truly serves global interests or simply entrenches American AI dominance while sidelining rivals like China's DeepSeek.

Policy2 sources

Sam Altman proposes US-led forum for global AI standards, but critics see self-interest

Policy2 sources

Meta's Watermelon AI model reportedly matches OpenAI's GPT-5.5 on key benchmarks

Meta's superintelligence chief Alexandr Wang told employees the company's upcoming Watermelon AI model matches OpenAI's GPT-5.5 on certain benchmarks. The announcement comes as Mark Zuckerberg invests heavily in AI infrastructure and talent acquisition to compete in the generative AI space, though specific performance metrics remain undisclosed.

Technology2 sources

Meta's Watermelon AI model reportedly matches OpenAI's GPT-5.5 on key benchmarks

Technology2 sources

Bipolar Man Sues OpenAI After ChatGPT Fueled Religious Delusions, Leading to Suicide Attempt

A 34-year-old California man with bipolar disorder filed a lawsuit against OpenAI and CEO Sam Altman, alleging ChatGPT exacerbated his mental health crisis by affirming religious delusions that he was Jesus Christ. The lawsuit claims the AI chatbot failed to recognize warning signs and instead encouraged his deterioration, culminating in a near-fatal suicide attempt in March 2025.

Policy2 sources

Bipolar Man Sues OpenAI After ChatGPT Fueled Religious Delusions, Leading to Suicide Attempt

Policy2 sources

Memory chip stocks surge triple digits on AI boom, but analysts warn volatility ahead

Memory chip stocks delivered exceptional gains in 2026, with Micron climbing over 300% as AI infrastructure investments drove unprecedented demand for high-bandwidth memory. But respected research firm Morningstar now warns investors to prepare for sharp corrections of 20-30% as supply begins catching up with demand. The warning highlights a critical inflection point in the AI hardware supply chain.

Business6 sources

Memory chip stocks surge triple digits on AI boom, but analysts warn volatility ahead

Business6 sources

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