Leaked data shows OpenAI lost $38 billion in 2025 even as annual revenue tripled to $13 billion. Explore the costs of the generative AI boom.

Read

Latest News

View All
SecurityJune 24, 2026

Major FIFA API Security Flaw Put World Cup Broadcasts at Risk

A massive security flaw in FIFA's API allowed hackers to hijack World Cup broadcasts and control live stadium cameras. The vulnerability is now patched.

AIJune 24, 2026

EU Pushes for AI Independence Following US Export Restrictions

The EU accelerates its push for AI independence after US restrictions on Anthropic models. Learn how Mistral AI and local tech are part of the new strategy.

SoftwareJune 24, 2026

SpaceX to Acquire AI Coding Editor Cursor for $60 Billion

SpaceX acquires AI IDE Cursor in a $60 billion stock deal to boost computational capacity for specialized coding models.

LegalJune 23, 2026

Brazil Fines Tech Giants $50 Million Over Predatory Loot Boxes

Brazil fines Apple, Google, and major game publishers $50 million for addictive loot boxes and lack of transparency in microtransactions.

AIJune 23, 2026

ChatGPT Market Share Drops Below 50 Percent for the First Time

ChatGPT market share falls to 46.4% as Google Gemini and Claude gain ground. See the latest May breakdown of the competitive AI landscape.

BusinessJune 23, 2026

Meta Restricts Employee AI Usage to Slash Operational Costs

Meta launches AI Gateway to monitor employee AI token usage and curb rising compute costs with automatic alerts and individual limits.

AIJune 23, 2026

AI Tools Driving Up Healthcare Billing in U.S. Hospitals

AI tools in U.S. hospitals are increasing patient costs by identifying higher-severity diagnostic codes, according to a report from Fortune.

SoftwareJune 23, 2026

Google Earth Flight Simulator Lands on Web Browsers

Google Earth's hidden flight simulator is now available on web browsers, featuring realistic controls and global aerial exploration without a desktop app.

TechJune 23, 2026

SK Hynix to Triple AI Memory Capacity with Massive New Megafab

SK Hynix plans to triple AI memory capacity by 2034 with four new megafabs, but consumer prices likely won't drop in the short term.

SecurityJune 23, 2026

FBI Disrupted Mass Phishing Operation Targeting Millions of Credit Cards

The FBI dismantled a massive phishing operation involving 9,000 sites and 1M URLs that stole 3.8M credit card records and caused $1.9B in losses.