Overview
- Reuters reported that OpenAI is preparing an IPO that could value the company at up to about $1 trillion with a possible filing in 2026 and a target to list in 2027, while the company said an IPO is not its current focus.
- OpenAI completed a restructuring that makes the OpenAI Foundation the controller with a 26% stake and establishes a public‑benefit company for the for‑profit business.
- Sam Altman and chief scientist Jakub Pachocki outlined a roadmap targeting AI systems that can handle 'intern research assistant' tasks by September 2026 and reach a 'qualified AI researcher' level by 2028, supported by a plan to invest roughly $1.4 trillion to build about 30 gigawatts of compute.
- Nvidia will invest $1 billion in Nokia and form a strategic cooperation, with Nokia saying the deal makes Nvidia its second‑largest shareholder and noting its shares jumped about 22% on the news.
- Bloomberg reported Nvidia and Deutsche Telekom plan a €1 billion AI data center in Munich with about 10,000 GPUs pending a formal announcement, and Foxconn said it will deploy humanoid robots at its Houston facility to produce Nvidia AI servers.