AI News

OpenAI Hits $10 Billion in a Quarter — and Still Lost $10.9 Billion

OpenAI shared its latest results with investors on Tuesday: third-quarter revenue of $10 billion, up roughly 50% from the prior quarter, alongside an adjusted operating loss of $10.9 billion. Full story in slides above — Sources: The Wall Street Journal, The Information, November 11, 2026.

Sam Altman Confirms OpenAI's Humanoid Robot — Demo in 2027

OpenAI CEO Sam Altman confirmed the company will build its own humanoid robot, with a demo possible in 2027, per coverage from Times Now News, Gulf Times, and The Brief. Full story in slides above — sources: Times Now News, Gulf Times, The Brief, AI Weekly, October 19, 2026.

Mistral Launches Mistral Large 4, Chasing the Top Open AI Models

Mistral unveiled Mistral Large 4 on Tuesday, October 6, a public preview of its new flagship open-weight model, with full weights releasing Oct. 27. The French lab says it narrows the gap with the best open models worldwide — and claims the strongest open-weight model developed outside China. Sources: Le Monde, The Wall Street Journal, October 6, 2026.

'Big Short' Investor Michael Burry Says Markets Should Tank to Stop OpenAI and Anthropic IPOs

Michael Burry, the investor who called the 2008 mortgage crash and was portrayed in “The Big Short,” says Wall Street should tank hard to stop OpenAI and Anthropic from going public — arguing the IPOs would let the two AI labs burn through trillions in capital. Full story in slides above — Sources: UniladTech, TechSpot, Tekedia, CNBC, September 30 - October 3, 2026.

AMD Buys AI Pioneer Li Fei-Fei's World Labs for $8.2 Billion

AMD agreed to acquire World Labs, the AI startup founded by renowned computer scientist Li Fei-Fei, in an all-stock deal worth $8.2 billion announced Monday. The move steps up AMD’s challenge to Nvidia in the race to power the next wave of AI. Full story in slides above — Sources: South China Morning Post, Reuters, September 28-29, 2026.