OpenAI
Esports World Cup 2026 drives surge in crypto prediction market activity as JD Gaming advances to playoffs
While most of the gaming world was watching JD Gaming clutch their way through a best-of-3 elimination match against MIBR.LOS in Paris on July 16, a parallel competition was playing out on Polymarket. Crypto traders were placing bets on the outcome in real time, and the volume was anything but trivial. JDG’s victory secured the
Scott Bessent’s 3% deficit target looks increasingly out of reach, Fox News analysis suggests
Treasury Secretary Scott Bessent set a bold fiscal target when he unveiled his “3-3-3” plan: cut the federal deficit to 3% of GDP by the time President Trump’s term ends in 2028. The plan vs. reality Bessent’s “3-3-3” framework targets three goals pegged to the number three: reduce the deficit to 3% of GDP, grow
OpenAI to be valued at $500 billion in new employee share sale
AI Home » AI » OpenAI to be valued at $500 billion in new employee share sale by Estefano Gomez Aug. 19, 2025 The deal would make OpenAI the world’s most valuable private company, surpassing SpaceX. Key Takeaways $6B in shares to be sold by staff to SoftBank, Thrive, Dragoneer, valuing ChatGPT maker above SpaceX.
OpenAI says it’s making $10 billion in annual recurring revenue as ChatGPT grows
Photo: Alex Wong (Getty Images) In This Story One year after losing $5 billion, OpenAI is reporting $10 billion in annual recurring revenue, reports CNBC, due to revenue from ChatGPT business products. That number doesn’t include one-time deals or its licensing agreement with Microsoft ( MSFT ). Suggested Reading How Trump’s tariffs could make your
Nvidia on AI chip bans, OpenAI gets Jony Ive, and Google’s Gemini in cars: Tech news roundup
Screenshot: Tesla Optimus’s X account: https://x.com/Tesla_Optimus, Photo: Justin Sullivan (Getty Images), Andrew Harnik (Getty Images), Slaven Vlasic (Getty Images), Justin Sullivan (Getty Images), Justin Sullivan (Getty Images), Kevin Frayer (Getty Images), Jerod Harris (Getty Images), Drew Angerer (Getty Images), Jon Kopaloff (Getty Images) Screenshot: Tesla Optimus’s X account: https://x.com/Tesla_Optimus Elon Musk thinks Tesla’s ( TSLA
OpenAI o3: What Is It, How to Use & Why It Matters
In April 2025, OpenAI unveiled its most advanced reasoning model to date: o3. This release marks a significant leap in artificial intelligence, combining language understanding with visual reasoning andcomplex problem-solving capabilities. Designed to handle tasks ranging from coding and mathematics to image analysis and web browsing...
OpenAI Reverses Course and Says Its Nonprofit Will Continue to Control Its Business
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OpenAI to stay nonprofit, scrap proposed overhaul
The change won't comprise the ChatGPT-maker's ability to raise funds for development, CEO Sam Altman said. ChatGPT-maker OpenAI has abandoned plans to become a for-profit company and reaffirmed commitment to its nonprofit status. In a May 5 blog post, OpenAI confirmed plans to convert its for-profit business unit into a so-called Public Benefit Corporation (PBC)
This Week in AI: Is OpenAI creating a social media platform?
Homepage > News > Business > This Week in AI: Is OpenAI creating a social media platform? Is OpenAI Building a Social Media Platform? It’s rumored that OpenAI is developing its own social media platform. According to a report from The Verge, the prototype focuses on generative artificial intelligence (AI) image creation and includes a feed-like social component. This sounds
All of the updates about OpenAI
OpenAI names new nonprofit ‘advisors’ Image: The Verge OpenAI has revealed the “advisors” for its new nonprofit commission: Dolores Huerta, Monica Lozano, Dr. Robert K. Ross, and Jack Oliver. The company says the four advisors will help “inform OpenAI’s philanthropic efforts,” according to an announcement on Tuesday. Huerta was a prominent labor activist during the
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esports
Esports World Cup 2026 drives surge in crypto prediction market activity as JD Gaming advances to playoffs
While most of the gaming world was watching JD Gaming clutch their way through a best-of-3 elimination match against MIBR.LOS in Paris on July 16, a parallel competition was playing out on Polymarket. Crypto traders were placing bets on the outcome in real time, and the volume was anything but trivial. JDG’s victory secured the
Bessent’s
Scott Bessent’s 3% deficit target looks increasingly out of reach, Fox News analysis suggests
Treasury Secretary Scott Bessent set a bold fiscal target when he unveiled his “3-3-3” plan: cut the federal deficit to 3% of GDP by the time President Trump’s term ends in 2028. The plan vs. reality Bessent’s “3-3-3” framework targets three goals pegged to the number three: reduce the deficit to 3% of GDP, grow
Limited
What Is an LLC Limited and How Does It Work?
An LLC, or Limited Liability Company, is a popular business structure that offers personal liability protection to its owners, known as members. This means your personal assets are typically safe from business debts and legal actions. LLCs likewise benefit from pass-through taxation, allowing profits and losses to be reported on your personal tax returns. Comprehending
Acquires
Keyrock acquires BlockFills trading assets to expand institutional crypto business
The deal adds institutional trading clients, derivatives expertise and regulatory licenses as Keyrock looks to deepen its presence in crypto capital markets. Updated Jul 16, 2026, 3:29 p.m. Published Jul 16, 2026, 3:26 p.m. Keyrock CEO and co-founder Kevin de Patoul. (Keyrock) Keyrock acquired the trading and brokerage assets of BlockFills' institutional digital asset business.