Updated 13 minutes ago
Nov 14, 2026
OpenAI Raises $15 Billion at $1.25 Trillion Valuation, Half Its Original Target
OpenAI has raised $15 billion at a $1.25 trillion valuation, roughly half the $30 billion it originally sought, as it builds a war chest ahead of rival Anthropic's IPO. The raise comes as OpenAI burns through cash with Q3 operating losses of $10.9 billion despite revenue nearing $10 billion.
openai-fundingchatgptai-valuation
Nov 14, 2026
Anthropic IPO Roadshow Hits 6x Oversubscription as Amodei Pitches Safety and 'No Jerks' Culture
Anthropic's $64 billion IPO roadshow is six times oversubscribed after three days, with CEO Dario Amodei pitching investors on AI safety, a strict hiring culture, and a $895 billion compute spending plan. Pricing is expected November 18 with trading under ticker ANT on November 19.
anthropic-ipodario-amodeiclaude-ai
Nov 14, 2026
OpenAI Launches ChatGPT Wallet for AI Agent Purchases
OpenAI launched ChatGPT Wallet, a payment system that lets its Dots AI agents make purchases without accessing users' actual card details. Built with American Express, Mastercard, and Visa, it requires biometric approval for every transaction and starts with US ChatGPT Pro subscribers.
chatgpt-walletopenaiai-agents
Related News
Nov 12, 2026
Qualcomm Begins Layoffs in India, Cutting Over 1,000 Jobs
Qualcomm has started cutting jobs in India as part of a global restructuring, with more than 1,000 roles at risk across Bengaluru, Hyderabad, and other cities. The chipmaker's revenue fell 3% to $43.1 billion in fiscal 2026, with smartphone chip sales down 25%.
qualcommtech-layoffsindia
Nov 10, 2026
Axonius Cuts 22% of Israeli Devs in AI-Driven Restructuring
Cybersecurity unicorn Axonius is cutting 66 jobs, including 22% of its Israeli developers, as it reshapes engineering around what its CEO calls a new AI-driven way of working. It is a concrete signal of how AI is starting to replace developer headcount.
axoniusai-layoffsdeveloper-jobs
Jun 16, 2026
Xbox Game Studios Chief Steps Down as Layoffs Loom and Compulsion Games Shuts Down
Xbox Game Studios head Craig Duncan is stepping down just 20 months into the role, alongside chief of staff Louise O'Connor, as Microsoft's gaming division prepares another round of mass layoffs. Compulsion Games, the studio behind 2025 critical hit South of Midnight, is also being shut down.
xboxmicrosoftgaming-layoffs