Report: OpenAI working on AI-powered smartphone for 2028 launch

OpenAI is reportedly developing its own smartphone, despite earlier saying it wasn’t entering the phone market.

Apple analyst Ming-Chi Kuo says the company is working with Qualcomm and MediaTek on custom chips, while Luxshare will handle co-design and manufacturing.

Specs are expected to be finalized by late 2026 or early 2027, with mass production planned for 2028.

The approach is expected to be different from current smartphones. Instead of relying on apps, the device would focus on AI agents that handle tasks based on user context and behavior.

That direction is already being talked about across the industry. At SXSW 2026, Nothing CEO Carl Pei said apps could eventually disappear, replaced by AI agents that do things for users, pointing to phones that understand intent and act on it.

Elon Musk and Sam Altman are going to court over OpenAI’s future

Musk claims he was misled into funding OpenAI as a nonprofit focused on benefiting humanity, only for it to later shift toward a for-profit model. He’s now seeking massive damages and wants the company returned to its original structure, along with the removal of Altman and other top executives.

OpenAI, backed by Microsoft, says the move was necessary to compete in the increasingly expensive AI race, arguing Musk is driven more by control and rivalry, especially as his own AI venture, xAI, trails behind.

The trial is expected to bring rare insight into the inner workings of OpenAI, including internal conflicts, private communications, and the decisions that shaped one of the most influential AI companies today.

With an IPO looming and the AI race intensifying, the verdict could have major consequences for the industry.

Cryptocurrency Market Analysis

Bitcoin (BTC): $76,278.00
Ethereum (ETH): $2,264.35
Binance Coin (BNB): $615.15
Solana (SOL): $83.17

Market Capitalization:
Total: $2.63 Trillion
DeFi: $84.43 Billion
24-Hour Trading Volume: $97.08 Billion

Market Sentiment:
Fear & Greed Index (FGI): 29 (Fear)
Open Interest: $54.44 Billion
24-Hour Liquidations: $473.3 Million

Market Overview

Bitcoin (BTC): $81,158
Ethereum (ETH): $2,333.42
BNB: $650.73
Solana (SOL): $89.73

Market Capitalization
Total: $2.78 Trillion
DeFi: $89.6 Billion
24-Hour Volume: $102.13 Billion

Sentiment
Fear & Greed Index: Neutral (47)
Open Interest: $61.14 Billion
24-Hour Liquidations: $324.4 Million

Operating Systems and their Country of Origin

• Windows - 🇺🇸 United States
• macOS - 🇺🇸 United States
• Android - 🇺🇸 United States
• iOS - 🇺🇸 United States
• Linux - 🇫🇮 Finland
• Ubuntu - 🇬🇧 United Kingdom
• Chrome OS - 🇺🇸 United States
• HarmonyOS - 🇨🇳 China
• UNIX - 🇺🇸 United States
• Kali Linux - 🇺🇸 United States

📊 Market Overview

BTC: $75,605
ETH: $2,076.38
BNB: $654.72
SOL: $83.90

📈 Market Capitalization
Total: $2.62T
DeFi: $93.02B
24h Volume: $93.6B

⚡ Sentiment Analysis
FGI: Extreme Fear (25)
Open Interest: $56.04B
24h Liquidation: $335.8M

JUST IN: Bitcoin reaches $73,000

TODAY: Bitcoin has declined to 13th place among the world’s largest assets by market capitalization.

#Crypto Fear and Greed Index

🧭 Index Value: 23
😱 Sentiment: Extreme Fear
💰 BTC Price: $73474

Market Overview:
Bitcoin: $72,121
Ethereum: $1,986.67
BNB: $692.27
Solana: $80.78

Market Capitalization:
Total: $2.54 Trillion
DeFi: $99.6 Billion
24-Hour Volume: $81.07 Billion

Market Sentiment:
Fear & Greed Index: Fear (29)
Open Interest: $54.47 Billion
24-Hour Liquidations: $402.3 Million

UPDATE : Bitcoin hits $71,000

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📊 Crypto Fear and Greed Index

🧭 Index Value: 23
😱 Sentiment: Extreme Fear
💰 BTC Price: $71,399

Nvidia has unveiled a powerful laptop chip for Windows PCs.

The new chip is designed to boost AI performance and power the next generation of consumer laptops.

JUST IN: Bitcoin crashes under $68,000

OPINION: The European Central Bank states that gold has superseded US Treasuries as the primary global reserve asset. 🏦📉🌍
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🌅 New Trading Day — Daily Reset
━━━━━━━━━━━━━━━━━━━━
🕙 Reset time : 10:00 PM Nairobi (EAT)
💰 Balance : $101,464.30
📉 Daily limit : -$3,000 (pause at -$2,550)
📉 Max DD floor : $94,000
🎯 Profit target : $106,000
🕐 2026-06-02 16:10 UTC

JUST IN: More than 50% of all Bitcoin ($BTC) $BTC in circulation is now held at an unrealized loss. 📉