OpenAI wants $830 BILLION valuation (not a typo)
π4 min read
πΈ OpenAI Wants to Be Worth More Than Saudi Aramco
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OpenAI is trying to raise $100 BILLION at an $830 BILLION valuation. That's not a typo. Eight. Hundred. Thirty. BILLION. Sovereign wealth funds are allegedly interested (of course they are).
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Sam Altman's company would be worth more than the entire GDP of Turkey. We're speedrunning the dot-com bubble but with GPUs instead of pets.com (source)
π§ Elon Tells xAI Staff: "AGI by 2026 or We're Cooked"
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At an all-hands, Musk said xAI will achieve AGI by 2026 and has $20-30 BILLION yearly to burn through. They're scaling from 200k to 1 MILLION GPUs. The power grid: sweating nervously
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Either we get superintelligence in 12 months or Elon's building the world's most expensive space heater. There's no in-between. (source)
π Swedish "Vibe-Coding" Startup Worth $6.6B After 5 Months
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Lovable just TRIPLED its valuation to $6.6 billion. They hit $200M ARR in ONE YEAR by letting normies build apps with text prompts. 100,000+ projects created daily (99% are probably todo apps).
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Developers in shambles. Your CS degree is now worth less than a ChatGPT subscription. We love to see it?? (source)
π AI-Powered Hackers Just Pwned Russian Defense Contractors
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"Paper Werewolf" (sick name tbh) used AI-generated docs to hack Russian air defense contractors. The barrier to entry for cyber warfare just went from "nation-state" to "teenager with API credits."
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AI democratized hacking. Now EVERYONE can commit international espionage!! This is fine :) (source)
π€ Google Cloud Scores "Almost $10B" from Palo Alto Networks
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Palo Alto will pay Google Cloud NEARLY $10 BILLION for AI security services. Both the hackers AND defenders are using the same AI tools now. It's an arms race where everyone has the same arms??
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Cybersecurity is just AI vs AI now. Skynet fighting Skynet. We're the NPCs. (source)
ποΈ ChatGPT Becomes an App Store (Because Why Not)
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OpenAI launched a ChatGPT app directory. Expedia, Spotify, and Zillow already joined. Your chatbot is now a platform ecosystem. Tim Cook is somewhere crying.
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ChatGPT isn't just answering your dumb questions anymore - it's becoming the new iOS. Except the apps hallucinate. (source)
ποΈ UK's Former Chancellor Joins OpenAI (The Revolving Door Spins)
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George Osborne will lead "OpenAI for Countries" - helping governments build AI infrastructure. He joins Nick Clegg (Meta) and Rishi Sunak (Microsoft/Anthropic) in the great British politician β U.S. tech pipeline.
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AI companies are collecting ex-politicians like PokΓ©mon cards. Regulatory capture speedrun any% (source)
π¬ Luma's New AI Turns Anyone Into a CGI Character
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Ray3 Modify lets you transform actors into different characters while keeping their performance intact. Every indie filmmaker just became Marvel Studios (minus the budget and cocaine).
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Hollywood VFX artists updating LinkedIn profiles to "open to work" as we speak. RIP. (source)
π AI Helps Create New Liver Drug (That Actually Works??)
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Altimmune's AI-assisted drug showed improvements in liver scarring. It's like Ozempic but for your liver. The FDA approved using AI tools to develop it faster.
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AI is actually helping cure diseases instead of just writing bad poetry. Nature is healing!! (source)
π Your Ring Doorbell Now Judges Your Outfit
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Amazon's new Alexa+ feature identifies visitors by their clothes and actions. It'll tell delivery drivers where to put packages and offer them refreshments. Nothing dystopian about that!!
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Your doorbell is now a fashion critic with facial recognition. Privacy died somewhere around 2016 anyway. (source)
π€ Figure AI CEO Starts ANOTHER AI Lab with $100M
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Brett Adcock is launching "Hark" for "human-centric AI" with his own money. Their first GPU cluster just came online. Because what we needed was checks notes another AI lab??
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Everyone and their dog is starting an AI lab. We're gonna run out of GPUs before we run out of founders. (source)
π° 21-Year-Old Harvard Dropout Raises $2M for Nonprofit Fintech
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Givefront is building modern financial tools for 1.9 million U.S. nonprofits. They handle grants, compliance, all the boring stuff that makes charity work.
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Finally, AI for actual good causes instead of generating anime waifus. Refreshing!! (source)
π Wall Street Getting Cold Feet on AI Spending
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S&P 500 down despite being up 15% for 2025. Investors suddenly realized spending TRILLIONS on data centers might not instantly print money. Shocking.
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The "number go up" crowd is having second thoughts about infinite AI spending. Reality is so inconvenient. (source)
π No, Google Didn't Expose "Crisis Actors"
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Conspiracy theorists claim Google search proved the Bondi attack used hired actors. Spoiler: The casting calls were for unrelated film projects.
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AI search summaries are becoming misinformation speedrun tools. We're cooked. (source)