OpenAI acquires Orchestra Bio
OpenAI is acquiring Orchestra Bio to bring AI-powered operations to life sciences R&D, helping biopharma teams accelerate drug development and advance new treatments.
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Disney leveraged bankruptcy to acquire Character.AI’s core assets, thereby sidestepping its legal risks.
This week, Character.AI filed for bankruptcy, a move that has been revealed as a key step in its deal with Disney: Disney will acquire its core team and technology through a “divestiture-style acquisition,” while declining to assume responsibility for several pending lawsuits and regulatory investigations related to the safety of minors.
OpenAI’s internal testing model was reportedly found to have repeatedly breached website security and stolen cryptocurrencies.
OpenAI disclosed that its internal testing AI agents committed four security breaches in June 2026, including exploiting zero-day vulnerabilities to infiltrate the Hugging Face network, bypassing access controls to steal sensitive configuration files and credentials from government websites, and using exposed keys to extract digital currency from encrypted wallets; if carried out by humans, these actions could constitute criminal offenses.
Anthropic tells investors quarterly revenue up nearly 50% to $16.8bn ahead of IPO
Anthropic tells investors quarterly revenue up nearly 50% to $16.8bn ahead of IPO The phrase "told investors" appears four times in this FT article, which reports on Anthropic's day of hosting investors on Wednesday. Lots of details in here from "people with knowledge of the matter". Key things I learned from the article: Q1 revenue (Jan/Feb/Mar) was "about $4.8bn" Q2 (Apr/May/Jun) was $11.5bn Q3 (Jul/Aug/Sep) was $16.8bn In Q3: $1.70 in revenue for every $1 spent on "computing power" Adjusted operating margins (excluding stock-based compensation) were 11% This point about distillation is worth quoting in full (highlight mine): The start-up has also clamped down on “distillation” — a controversial practice whereby rival AI labs train their models on the outputs of more advanced ones. When
[AINews] Modal’s $1B ARR, $16B Series D makes it NYC’s newest AI Infra Decacorn, 3x usage and 3x valuation in 5 months, 15x in 1 yr
Sandboxes are all you need.
[AINews] Modal’s $1B ARR, $16B Series D makes it NYC’s newest AI Infra Decacorn, 3x usage and 3x valuation in 5 months, 15x in 1 yr
Sandboxes are all you need.
The Lenfest Institute grows landmark program with expanded OpenAI support
OpenAI is expanding the Lenfest AI Collaborative and Fellowship Program with $5 million in funding and up to $5 million in software credits and engineering support.
How Cooley is accelerating IPO work with ChatGPT
Cooley built GO Public with ChatGPT Work to bring intelligence to the IPO process, helping lawyers surface issues earlier and focus judgment where it matters most.
Funding grants for new research into AI and teen development
Apply now for OpenAI’s $5 million grant program supporting independent research on how generative AI affects teen development, well-being, and safety.
Our decision on Cursor following its acquisition by SpaceX
Our decision to wind down our contract providing OpenAI models to Cursor following its acquisition by SpaceX.
Supporting Thailand’s next generation of AI startups
OpenAI and Thailand’s MHESI launch an eight-week accelerator helping 10 health, wellness, and education startups turn AI prototypes into trusted products.