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OpenAI is reportedly hitting a rare slowdown as it moves closer to a potential IPO. According to a Wall Street Journal report, the company recently missed internal targets for both revenue growth and new users, raising questions about whether it can sustain massive AI infrastructure costs while competition from Anthropic and Google continues to grow.
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Meta is launching crypto stablecoin payouts for creators by integrating blockchain based payments directly into its monetization systems, allowing eligible users on Instagram and Facebook to receive earnings in digital dollars instead of traditional bank transfers. The system is expected to use regulated stablecoins pegged to the U.S. dollar, enabling near instant global payouts with lower fees and fewer banking delays. The move gives creators faster access to revenue while helping Meta streamline cross border payments at scale, marking a major step in bringing crypto into mainstream social media economics.
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Leaked images of Apple Inc.โ€™s rumored โ€œiPhone Ultraโ€ are already sparking backlash, with fans calling it โ€œthe worst of both worldsโ€ over its thicker design, smaller outer display, and reported missing features like MagSafe and Face ID. With a rumored price above $2,000, many are questioning whether Appleโ€™s first foldable is worth the wait. (nypost.com)
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GameStop is making one of the boldest moves in retail tech this year after CEO Ryan Cohen launched an unsolicited $56 billion bid to acquire eBay. The proposed deal values eBay at $125 per share and would combine GameStopโ€™s physical retail footprint with eBayโ€™s global marketplace in an attempt to build a stronger competitor to Amazon. Cohen says the merged company could be worth โ€œhundreds of billions,โ€ with plans to cut billions in costs, expand authentication services, and push deeper into collectibles, live commerce, and online resale. Markets reacted immediately, with eBay shares moving higher as investors weighed whether one of the biggest meme stock stories in history could pull off one of the most unexpected tech acquisitions of the decade.
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The White House is reportedly considering government safety reviews for advanced AI models before public release, as concerns grow over cybersecurity, misinformation, and national security. Companies like OpenAI, Google, and Anthropic could be affected.
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New leaks suggest Apple may delay the standard iPhone 18 until early 2027. Reports claim Apple is extending iPhone 17 production longer than usual, while the iPhone 18 Pro models and rumored foldable โ€œiPhone Ultraโ€ are still expected to launch in late 2026. The move could mark a major shift in Appleโ€™s release strategy as it pushes further into premium AI and foldable devices.
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Elon Musk just made a massive AI power move. Anthropic signed a deal today to use SpaceX/xAIโ€™s Colossus 1 supercomputerโ€”unlocking 220,000+ NVIDIA GPUs and 300MW of AI compute as IPO rumors continue to build.
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Dua Lipa is suing Samsung Electronics for $15M after alleging the tech giant used her image on TV packaging without permission, creating the impression she endorsed the products.
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OpenAI CEO Sam Altman said artificial intelligence is unlikely to cause a โ€œjobs apocalypse,โ€ arguing that AI will transform work instead of replacing workers entirely. He said the technology will automate some repetitive tasks but also create new industries, roles, and opportunities, much like previous technological revolutions.
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NVIDIA is trying to reinvent the PC. The company just unveiled RTX Spark, a new AI-powered computing platform designed to turn your computer into an AI assistant that can complete tasks, organize files, conduct research, and automate workflows on your behalf. CEO Jensen Huang says this could be the biggest shift in personal computing in decades, with major manufacturers already preparing AI-native devices powered by the new technology.
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Apple just made one of its biggest AI moves yet. At WWDC 2026, the company unveiled a new AI-powered Siri, but the real surprise was Apple's decision to work with companies like Google and Nvidia to accelerate its AI ambitions. The move shows just how intense the AI race has become as Apple looks to catch up with rivals like OpenAI and Google.
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The U.S. government is beginning to treat advanced AI more like a national security technology than traditional software. After cybersecurity concerns delayed the release of Anthropicโ€™s latest AI model, officials approved a limited rollout to a select group of trusted U.S. organizations instead of a public release. The move highlights growing concerns that increasingly powerful AI can strengthen cybersecurity but also be misused, signaling a new era of government oversight for frontier AI models.
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New research from the Cybersafety Research Center found that more than half of the child safety features on major social media platforms did not work as advertised. After testing tools across platforms including TikTok, Instagram, Snap, and YouTube, researchers found many protections were ineffective, easy to bypass, or failed to activate, adding to growing scrutiny over how tech companies protect younger users.
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Asian chip stocks slid sharply as fears over Chinaโ€™s rapidly advancing semiconductor industry rattled the global AI trade. Rising competition and concerns over massive AI spending are putting pressure on some of the worldโ€™s biggest chipmakers.
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