The private equity investment will be used to give retail customers indirect price exposure to OpenAI through venture tokens. Robinhood Ventures Fund I (RVI), a publicly traded closed-end fund that offers retail investors access to private equity investments, announced a $75 million investment in OpenAI. The company announced on Wednesday that it purchased $75 million of the AI developer's common stock, which will be used as the underlying asset to give Robinhood clients price exposure to OpenAI via the fund's venture tokens. The investment is “one of RVI’s largest investments to date,” according to RVI president Sarah Pinto, who added that the tokens aim to democratize access to private investing. Read more
OpenAI will deploy its AI models on Pentagon classified networks after the US government ordered agencies to stop using rival Anthropic over national security concerns. OpenAI has reached an agreement with the United States Department of Defense to deploy its artificial intelligence models on classified military networks, just hours after the White House ordered federal agencies to stop using technology from rival firm Anthropic. In a late Friday post on X, OpenAI CEO Sam Altman announced the deal, saying the company would provide its models inside the Pentagon’s “classified network.” He wrote that the department showed “deep respect for safety” and a willingness to work within the company’s operating limits. The announcement came amid a turbulent week for the AI sector. Earlier the same day, Defense Secretary Pete Hegseth labeled Anthropic a “Supply-Chain Risk to National Security,” a designation typically applied to foreign adversaries. The ruling requires defense contractors to certify they are not using t...
OpenAI said it is becoming increasingly important to evaluate the performance of AI agents in “economically meaningful environments” as their adoption grows. OpenAI has launched a new benchmark that evaluates how well different AI models detect, patch, and even exploit security vulnerabilities found in crypto smart contracts. OpenAI released the “EVMbench: Evaluating AI Agents on Smart Contract Security” paper on Wednesday, in collaboration with crypto investment firm Paradigm and crypto security firm OtterSec, to evaluate how much the AI agents could theoretically exploit from 120 smart contract vulnerabilities. Anthropic’s Claude Opus 4.6 came out on top with an average “detect award” of $37,824, followed by OpenAI’s OC-GPT-5.2 and Google’s Gemini 3 Pro at $31,623 and $25,112, respectively. Read more
AI’s foundational role in knowledge work means monopolies can’t be broken like social media or browsers. Alternatives to centralized AI systems must be built now. Opinion by: Scott Stuart, founder at Kava Labs During November 2025, OpenAI executives floated the idea of a government partnership that sounded remarkably similar to a bailout. They walked it back after significant blowback. The trial balloon marked what everyone already knew but didn't want to say out loud: AI's biggest companies are already "too big to fail." In 2024, the US government proved the point. After a multiyear Google antitrust trial, the US government secured a liability ruling finding the company maintained an illegal monopoly, but remedies have yet to be finalized, highlighting how slow and uncertain antitrust enforcement can be. Read more
OpenAI is preparing a trillion-dollar IPO in 2026 to fund ChatGPT’s next evolution as global AI competition intensifies, Reuters reported. Artificial intelligence company OpenAI is reportedly preparing an initial public offering (IPO) for late 2026, which could see the world’s largest startup reach a trillion-dollar valuation. The AI company is reportedly preparing to launch its IPO at a $1 trillion valuation, which would include a $60 billion capital raise, according to three anonymous sources familiar with the matter, Reuters reported on Thursday. The filing may reach US securities regulators in the second half of 2026, putting OpenAI on track to debut on public markets ahead of its previously announced 2027 target. Read more
The move formalizes OpenAI’s ties with Microsoft, granting the tech giant long-term access to its AI models while locking in a $250 billion Azure commitment. OpenAI, the developer behind ChatGPT, has converted its organizational structure into a public benefit corporation, a shift designed to give the company greater flexibility to raise capital as it scales its artificial intelligence ambitions. According to The Wall Street Journal, the restructuring grants Microsoft a 27% stake in the new entity, valued at roughly $135 billion. The agreement also extends Microsoft’s access to OpenAI’s core technologies for the next seven years. As part of the deal, OpenAI has committed to spending $250 billion on Microsoft’s Azure cloud services over the lifetime of the partnership, further solidifying the companies’ strategic and financial interdependence. Read more