Updated Sep 16
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May 29, 2026
CNN Sues Perplexity AI, Alleging Mass Copyright Infringement
CNN filed a lawsuit against Perplexity AI in New York federal court, accusing the AI search company of unlawfully copying and distributing thousands of CNN stories, videos, and images without permission. The case joins a growing wave of publisher lawsuits against AI companies over content use.
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May 28, 2026
Anthropic Revenue Hits $45B ARR, Surpasses OpenAI by 35% Ahead of IPOs
Anthropic's annualized revenue has reached nearly $45 billion — 35% higher than OpenAI's $33 billion ARR — as both companies race toward IPOs later this year. The revenue gap comes alongside Anthropic's first-ever quarterly operating profit of $559 million.
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May 19, 2026
Jury Unanimously Rejects Musk OpenAI Lawsuit, Clearing Path to $1 Trillion IPO
A federal jury unanimously rejected Elon Musk's $150 billion lawsuit against OpenAI and Sam Altman, ruling he waited too long to file. The verdict, reached after less than two hours of deliberation, removes a major obstacle to OpenAI's planned IPO and sets a precedent for nonprofit-to-for-profit conversions in the AI industry.
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