Tags: Tech market

OpenAI is gearing up for an initial public offering as early as September, sources told the Wall Street Journal. The AI firm moves forward after Elon Musk’s lawsuit— which threatened the company’s structure, leadership and finances—was dismissed. Chief executive Sam Altman is reportedly working with Goldman Sachs and Morgan Stanley to file a confidential registration statement within days or weeks. The filing comes amid expectations that SpaceX, now a rival after acquiring xAI, will soon submit its own IPO paperwork, setting up a high‑stakes showdown on Wall Street. Weiterlesen

Anthropic has retained law firm Wilson Sonsini to begin preparations for an initial public offering that could occur as early as 2026. The AI startup is running an internal checklist and exploring a new funding round that might value the company at over $300 billion. While no underwriter has been selected, the firm is in talks with investment banks and continues to build on its recent $13 billion raise that set its valuation at $183 billion. The move comes as peers such as OpenAI are also testing IPO waters. Weiterlesen

California‑based 1X introduced Neo, a humanoid robot priced at $20,000 and marketed as a personal assistant for home chores. Neo stands 5 feet 6 inches tall, weighs as much as a golden retriever, and can lift up to 154 pounds while carrying 55 pounds. It operates via speech, Wi‑Fi, Bluetooth and 5G, and features a built‑in large language model for conversation. While the company promises autonomous capabilities by 2026, current demonstrations show the robot is largely remote‑operated. Privacy safeguards include voice activation, camera blurring and user‑defined no‑enter zones. Weiterlesen

In a recent Ars Live discussion, Ed Zitron warned that the AI boom is inflating a market bubble, largely driven by Nvidia’s growth. He argued that a slowdown in that growth could trigger a burst, potentially leading to a broader market depression as investors reassess the sustainability of tech’s hyper‑growth. Zitron also criticized OpenAI CEO Sam Altman, labeling him a con artist who has misled the market. The conversation highlighted concerns over AI hype, the risk of inflated valuations, and the possible fallout for Silicon Valley if the bubble collapses. Weiterlesen

Opera has introduced a subscription‑based AI browser called Opera Neon, priced at $19.90 per month. The service is designed for heavy AI users and offers integrated AI agents that can perform tasks, generate code, and automate web actions directly within the browser. Features include Tasks for workspace organization, Cards for reusable prompts, and Neon Do for automated browsing actions. Opera hopes the premium offering will attract users away from free alternatives and plans to expand access beyond the initial limited rollout. Weiterlesen

Apple introduced the iPhone 17 lineup, keeping the base model price steady while doubling storage and offering modest price drops on certain configurations. The new iPhone 17 Air inherits the Plus‑style form factor with a single 48MP camera and adds a 1TB option. The Pro and Pro Max retain previous price points for lower capacities, but the Pro Max now includes a 2TB model that reaches MacBook‑level pricing, making it the most expensive iPhone to date. Comparisons with Google’s Pixel 10 series and Samsung’s Galaxy S25 line highlight differences in storage, camera count, and price positioning across the flagship market. Weiterlesen