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President Trump confirmed discussions with AI companies about giving equity to the American public, with OpenAI at the center of talks. The Trump administration has been negotiating a government stake in AI firms, potentially seeding a Public Wealth Fund that could distribute AI-driven profits directly to citizens as concerns mount over job displacement and wealth concentration in Silicon Valley.
OpenAI has launched Dreaming V3, a major upgrade to ChatGPT's memory feature that automatically learns from past conversations. The enhanced memory system boosts factual recall to 82.8% and will roll out to Free tier users for the first time, thanks to a 5x reduction in compute requirements.
An AI agent discovered a critical security flaw by combining two known attack methods. OpenAI Codex chained decade-old DoS attacks to create HTTP/2 Bomb, a new denial-of-service exploit that can render major web servers inaccessible within seconds using just a home computer. The attack affects nginx, Apache, Microsoft IIS, Envoy, and Cloudflare Pingora, with some vendors still working on patches.
Meta is considering charging up to $200 per month for its upcoming Hatch AI agent, positioning it alongside premium offerings from OpenAI and Anthropic. The consumer AI agent tool would handle tasks like coding, email management, and scheduling, integrating directly into Instagram's 2 billion-user platform.
Major tech companies are slamming the brakes on AI spending after burning through entire annual budgets in just months. Uber capped engineers at $1,500 monthly after exhausting its 2026 AI budget by April, while Microsoft revoked Claude Code licenses. Even OpenAI CEO Sam Altman admits AI costs have become 'a huge issue' as agentic workflows drive token consumption to unsustainable levels.
OpenAI CEO Sam Altman met with White House officials and congressional leaders to advocate against mandatory government approvals for AI models. He's pushing for increased funding for AI model testing at the Commerce Department while resisting proposals that would require federal sign-off before releasing new models. The visit comes days after Trump's executive order asked AI companies to voluntarily share models for testing.
OpenAI CEO Sam Altman will attend the G7 summit in France from June 15-17 following an invitation from President Emmanuel Macron. The gathering marks Altman's first G7 appearance as artificial intelligence takes center stage on the agenda. Macron's invitation follows France's successful courtship of SoftBank for a $53 billion AI infrastructure investment.
OpenAI's ChatGPT reached 1 billion global monthly active users in May, roughly three years after launch, making it the fastest app in history to hit this milestone. The AI chatbot outpaced TikTok, Instagram, YouTube, and Google Maps, signaling the rapid adoption of AI assistants from novelty to daily habit. Meanwhile, Anthropic's Claude is growing at 640% year-over-year from a smaller base of 56 million users.
OpenAI expanded Codex beyond software development with six role-specific plugins connecting 62 business apps, a Sites feature for hosted web applications, and Annotations for precise editing. Knowledge workers now represent 20% of 5 million weekly users and are adopting three times faster than developers, signaling a major shift in how enterprise AI tools are reshaping white-collar work across finance, sales, and creative production.
The Trump administration faces deep internal divisions over AI regulation, with competing factions battling for control of federal AI policy. An executive order establishing pre-release safety evaluations was abruptly canceled on May 21, just hours before signing. The conflict pits White House chief of staff Susie Wiles and treasury secretary Scott Bessent against former AI czar David Sacks, leaving the US without a coherent regulatory framework weeks after Anthropic's Mythos model demonstrated alarming cybersecurity capabilities.
Senator Bernie Sanders unveiled legislation for a 50% ownership stake in AI companies through a one-time stock tax, creating a sovereign wealth fund. OpenAI CEO Sam Altman met with Sanders to discuss the concept, while President Trump expressed support for giving Americans a stake in AI's growth. The proposal addresses mounting public backlash over data centers and job displacement concerns.
A malicious npm package posing as a remote UI for OpenAI Codex quietly exfiltrated developer authentication tokens for a month, attracting 29,000 weekly downloads. The same credential-theft chain ran through two Android apps with over 60,000 combined downloads. The attack highlights how threat actors can hide malicious code in npm builds while keeping GitHub repositories clean, exposing critical vulnerabilities in AI developer tooling.
A new RAND study published in JAMA Pediatrics finds that 19% of adolescents and young adults now use AI chatbots like ChatGPT for mental health support—an estimated 8 million individuals. The figure jumped from 13% in early 2024, with over 60% keeping their AI use secret from parents and professionals. Experts warn about the dangers of unregulated AI therapy.
Florida became the first state to sue OpenAI over ChatGPT's allegedly dangerous design. Attorney General James Uthmeier filed an 83-page complaint accusing OpenAI and CEO Sam Altman of prioritizing profits over safety, citing multiple violent incidents where suspects used ChatGPT to plan attacks. The lawsuit seeks billions in damages and aims to hold Altman personally liable for alleged harms to Florida residents.
More than 220 startups that once held billion-dollar valuations have fallen below that threshold as the AI boom redirects over $250 billion to companies like OpenAI and Anthropic. Pre-ChatGPT startups face an existential crisis, with those that last raised in 2021 now worth 68% less on average. Enterprise SaaS firms represent the largest casualty class, threatened by generative AI's ability to automate workflows and replace traditional software models.
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