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European Union Proposes New AI Regulations for Tech Companies

The European Union has introduced new regulatory proposals for artificial intelligence companies operating in member states. The regulations focus on transparency, accountability, and ethical AI development. Tech companies will need to comply with stricter requirements for AI systems used in high-risk applications.

OpenAI defeats Elon Musk lawsuit, clears path for potential IPO

A California jury found OpenAI not liable in Elon Musk's lawsuit alleging the company strayed from its original mission to benefit humanity. The verdict removes a major obstacle to OpenAI's potential initial public offering and validates CEO Sam Altman's leadership despite damaging testimony during the trial.

Elon Musk Loses OpenAI Lawsuit as Jury Finds He Waited Too Long to Sue

A jury has ruled against Elon Musk in his lawsuit against OpenAI and Sam Altman, finding that the Tesla CEO waited too long to file his claims. Musk had alleged that OpenAI abandoned its nonprofit mission and that Altman had "stolen a charity." The trial lasted several weeks with extensive testimony about OpenAI's founding and evolution.

GPT-5.5 and Claude Mythos lead a packed month of AI releases

May 2026 has seen an extraordinary wave of AI product launches including GPT-5.5 and Claude Mythos, alongside advances in space-based AI data centers, local models running at 6,000 tokens per second, and new government security reviews of AI systems.

Samsung workers prepare for 18-day strike as Cerebras IPO soars 68 percent

More than 45,000 Samsung workers are set to launch an 18-day strike on May 21 over bonus disputes, threatening global AI chip supply. Meanwhile, AI chipmaker Cerebras made a blockbuster Nasdaq debut, surging 68% and raising $5.55 billion in the biggest U.S. tech IPO since Uber in 2019.

OpenAI launches ad platform for ChatGPT as AI monetization heats up

OpenAI has launched a self-serve advertising platform for ChatGPT, marking a shift from subscription-only to ad-supported revenue. Meanwhile, Meta released Llama 4, Google integrated Gemini into Chrome, and Anthropic released its Mythos reasoning model.

Anthropic seeks 30 billion at over 900 billion valuation

AI company Anthropic is in talks to raise at least 30 billion dollars at a valuation exceeding 900 billion, potentially making it the most valuable AI company in the world. The round could close by the end of May, surpassing OpenAI's reported 852 billion valuation. Anthropic's annualized revenue surged from 1 billion to 30 billion in 15 months.