OpenAI

OpenAI is an artificial intelligence research organization founded in 2015. It created AI chatbot ChatGPT. Competitors include other AI research organizations such as DeepMind and Google Brain. OpenAI was founded by Sam Altman, former president of startup accelerator Y Combinator, Greg Brockman, former chief technology officer and third employee of Stripe, and Ilya Sutskever, a former Google expert on machine learning. Microsoft has invested more than $11 billion in the company and is a nonvoting board observer. Current board members are Chair Bret Taylor, a former Salesforce co-CEO, former Treasury Secretary Larry Summers, and Quora CEO Adam D’Angelo.

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Guests during Cerebras Systems IPO at Nasdaq MarketSite May 14.
Dealmaker

Investors Fall Back in Love With IPOs

By Valida Pau · May 19, 2026 5:30pm PDT
For the past two days, I’ve been at JP Morgan’s annual tech conference in Boston. As usual, AI has dominated most of my conversations with investors. But in a change from the past few months, it’s not Anthropic and OpenAI driving those discussions—but hardware and utility companies a few steps removed from what the AI model makers do.On Monday,... For the past two days, I’ve been at JP Morgan’s annual tech conference in Boston. As usual, AI...
Liz Reid, VP and head of search at Google, at Google I/O today. David Paul Morris/Bloomberg/Getty.
The Briefing

Google’s AI Search Leap Forward

By Martin Peers · May 19, 2026 5:00pm PDT
If you pay attention to one thing in AI this week, it should be Google’s I/O presentation on Tuesday. The tech giant unveiled a bunch of AI tools, most significantly the addition of new AI features such as agents to Google Search. Any distinction that existed between Google’s Gemini AI chatbot and its search bar is disappearing.No longer should... If you pay attention to one thing in AI this week, it should be Google’s I/O presentation on...
Exclusive

5 Charts That Make Sense of SpaceX’s IPO Numbers

By Cory Weinberg and Valida Pau · May 19, 2026 2:08pm PDT · 1 comment
SpaceX’s initial public offering prospectus will read like a kaleidoscope when it’s unveiled publicly in the coming days. There will be a dazzling mixture of storylines and figures that show huge financial losses, exciting promises, impressive growth and unmet expectations. Information in the prospectus will help investors knit together parts of... SpaceX’s initial public offering prospectus will read like a kaleidoscope when it’s unveiled...
Photo by David Paul Morris/Getty Images
Artificial Intelligence

Musk Loses OpenAI Lawsuit in Victory for Altman

By Rocket Drew · May 18, 2026 12:04pm PDT · 7 comments
Jurors rejected Elon Musk’s claims against OpenAI, delivering a major victory to CEO Sam Altman in Silicon Valley’s biggest grudge match. Judge Yvonne Gonzalez Rogers agreed with the jury’s decision on Monday that Musk waited too long to bring his lawsuit. The decision came after just two hours of deliberation following three weeks of testimony... Jurors rejected Elon Musk’s claims against OpenAI, delivering a major victory to CEO Sam Altman...