
OpenAI Files for a $1 Trillion IPO. It Loses Money on Every Dollar It Makes.
OpenAI confidentially filed its S-1 in May 2026, targeting a $1 trillion public listing. The catch: it loses $1.22 for every dollar of revenue it generates.
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OpenAI confidentially filed its S-1 in May 2026, targeting a $1 trillion public listing. The catch: it loses $1.22 for every dollar of revenue it generates.

Israeli AI startup Decart just raised $300M to let developers run models on any chip. NVIDIA joined the round — because sometimes you have to bet on your own disruption.

All 11 of xAI's co-founders have now left SpaceXAI. Over 80 engineers followed. Here's the full story of how a $50B AI lab collapsed from the inside.

Recursive Superintelligence just raised $650M to build AI that autonomously rewrites itself. Here's why this is the most consequential bet in tech right now.
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