Business & Policy
OpenAI is reportedly raising up to $30 billion at a $1.25 trillion pre-money valuation, led by Coatue and UAE investors
According to CNBC, the deal could be paired with an agreement to get more computing capacity from the UAE.
Business & Policy
Funding, deals, regulation, and policy that shape how AI reaches the world.
- Business & Policy
Chinese state media says DeepSeek and MiniMax have been cleared to deploy their models overseas under the planned export controls
A social account tied to state broadcaster CCTV says much of Chinese AI will remain free for export.
- Business & Policy
Rhode Island sues Meta, alleging it profits from scam ads and that its AI ad tools helped scammers
Rhode Island is the first US state to bring a scams case against the company. Santa Clara County filed a similar suit in May.
- Business & Policy
Judge orders Meta to pay New Mexico $25 billion for misleading Facebook users about privacy
It is the largest penalty ever imposed on the company and grows out of the Cambridge Analytica scandal.
- Business & Policy
Walmart opens its store to AI shopping agents while Amazon blocks them
The retailer's new Agent Gateway lets approved agents connect over the Model Context Protocol, with spending limits and purchase approval for customers.
- Business & Policy
Anthropic circulates a draft federal AI safety bill that could block a model's release over catastrophic risk
According to Politico, the threshold is a foreseeable, imminent risk to more than 50 lives or more than $1 billion in property damage.
- Business & Policy
OpenAI buys Orchestra Bio to bring drug-development agents into its Rosalind life sciences unit
The four-year-old startup builds agents that track trial schedules and finances for pharmaceutical teams. Terms were not disclosed.
- Business & Policy
DHS orders federal civilian agencies to remove DeepSeek products and stop buying them
The exclusion order reportedly marks the first time a 2018 supply-chain security law has been used against an AI company, and it also covers third-party services built on DeepSeek models.
- Business & Policy
OpenAI reportedly speeds up a $30 billion funding round to close before Anthropic's IPO
According to two people familiar with the matter, the round could value OpenAI at more than $1.4 trillion, and SoftBank and MGX are in talks to take part.
- Business & Policy
Anthropic commits 5% of its shares to a new Public Benefit Fund
The stake can grow by 2 percentage points for every 50% rise in the company's value, and the fund could make large donations or pay money directly to specific groups.
- Business & Policy
Bankruptcy filing shows Disney will offer jobs to at least 60 Character.AI employees
The offers carry an estimated $60 million in annual pay, but Disney's bid is a stalking horse that a higher offer could still beat.
- Business & Policy
A second German court rules that Google is liable for false claims in its AI search summaries
The Aachen Regional Court followed an earlier Munich ruling and treated AI Overviews as Google's own statements, not as links to other sites.