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OpenAI

How AI helped one US man (and his brother) build a $2.3 billion company

Medvi founder Matthew Gallagher in Los Angeles, on March 16.
Medvi founder Matthew Gallagher in Los Angeles, on March 16.

AI companies shatter fund-raising records as boom accelerates

OpenAI raised US$122 billion and Anthropic raised US$30 billion as AI companies made up four of the five largest ever recorded deals.
OpenAI raised US$122 billion and Anthropic raised US$30 billion as AI companies made up four of the five largest ever recorded deals.

While You Were Sleeping: 5 stories you might have missed, April 1, 2026

A view of the damage inside a house that was damaged by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 15, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
A view of the damage inside a house that was damaged by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 15, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

OpenAI valued at $1 trillion after record $157 billion funding round

OpenAI has stepped up its revenue push in 2026 by introducing advertising in ChatGPT, an option that CEO Sam Altman had once described as a “last resort.”
OpenAI has stepped up its revenue push in 2026 by introducing advertising in ChatGPT, an option that CEO Sam Altman had once described as a “last resort.”

Claude AI maker Anthropic said to weigh IPO as soon as October

Anthropic's listing could raise more than US$60 billion, The Information reported.
Anthropic's listing could raise more than US$60 billion, The Information reported.

Apple gives iPhone designers rare bonuses to fight OpenAI poaching

In many cases, the stock awards – separate from Apple’s typical bonuses – are worth roughly US$200,000 to US$400,000.
In many cases, the stock awards – separate from Apple’s typical bonuses – are worth roughly US$200,000 to US$400,000.

OpenAI discontinues support for Sora and winds down Disney deal

OpenAI chief executive officer Sam Altman (above) said the company is focusing its efforts on AI agents and a new artificial intelligence model called Spud. 
OpenAI chief executive officer Sam Altman (above) said the company is focusing its efforts on AI agents and a new artificial intelligence model called Spud. 

OpenAI plans to almost double its headcount in 2026: FT report

The firm has taken new office space in San Francisco to accommodate its growing staff count.
The firm has taken new office space in San Francisco to accommodate its growing staff count.

OpenAI CEO Sam Altman sister’s abuse claims against him dismissed for now

OpenAI chief executive officer Sam Altman won dismissal of a lawsuit by his sister claiming that he sexually abused her for almost a decade.
OpenAI chief executive officer Sam Altman won dismissal of a lawsuit by his sister claiming that he sexually abused her for almost a decade.

OpenAI’s robotics head resigns due to her concerns over its deal with US Pentagon

Signs featuring robot dogs are planted on the National Mall in Washington as an act of protest against OpenAI’s decision to allow the Pentagon to use its technologies.
Signs featuring robot dogs are planted on the National Mall in Washington as an act of protest against OpenAI’s decision to allow the Pentagon to use its technologies.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.