Keep pulling the thread on The Wall Street Journal.
The Wall Street Journal reports that OpenAI has engaged investment bankers and is expected to file IPO paperwork as soon as Friday.
According to sources, OpenAI has set a goal to be ready for its Initial Public Offering by September.
Anthropic is reportedly organizing a final private funding round, which is expected to prevent it from advancing its IPO timeline to match OpenAI's.
A new AI executive order from the White House is expected to establish a voluntary framework for the disclosure and testing of new advanced models.
The White House has proposed that AI labs share new models with the government 90 days prior to their public release, while the labs are advocating for a 14-day period.
The forthcoming AI executive order is expected to instruct the US Treasury to establish an AI clearinghouse that partners frontier labs with critical industries to find and patch vulnerabilities.
The National Security Agency (NSA) will reportedly be given responsibility for testing frontier AI models under the new executive order.
Cursor's Composer 2.5 model is 10 to 60 times lower in cost than higher-effort versions of Opus 4.7 and GPT-5.5, according to Artificial Analysis.
OpenAI is offering $2 million worth of tokens to every startup in the current Y Combinator batch in exchange for equity.
Andrej Karpathy, a founding team member of OpenAI and former Director of Tesla Vision, has joined Anthropic.
At Anthropic, Andrej Karpathy will build a team on the pre-training team focused on using the Claude model to accelerate pre-training research.
Anthropic is forecasting $10.9 billion in revenue for Q2, representing a $44 billion annualized run rate.