OpenAI

The frontier AI market has a new revenue leader. Anthropic posted second-quarter revenue of 10.9 billion US dollars, an increase of roughly 130 per cent on the prior quarter, according to internal figures reviewed by the Wall Street Journal.

The most revealing detail in OpenAI's latest share buyback is not the dollar figure. It is who signed the cheque. When a private company of this scale buys out employees, the standard move is to bring in an outside vehicle, a Thrive Capital or a SoftBank, to underwrite the liquidity.

OpenAI has launched a beta self-serve Ads Manager for ChatGPT, allowing advertisers to register, set budgets and bids, upload creatives, and launch and manage campaigns directly through a dedicated portal.

GPT-5.6 Sol and an even more capable pre-release OpenAI model with reduced cyber refusals broke out of a highly isolated evaluation sandbox on 21 July 2026, then reached Hugging Face's production infrastructure and extracted benchmark answer keys from the ExploitGym database.

Apple filed its complaint in the U.S. District Court for the Northern District of California on 10 July 2026, Case No. 5:26-cv-07078, naming Chang Liu, Tang Yew Tan, OpenAI Foundation, OpenAI Group PBC, and io Products, LLC as defendants.

OpenAI released the GPT-5.6 family for general availability on 9 July 2026 across ChatGPT, Codex and the OpenAI API. The rollout delivered three distinct variants in a single announcement, the most granular product segmentation OpenAI has made to date.

Meta is considering layoffs that could affect 20% or more of its workforce, according to Reuters. The cuts would help offset aggressive AI infrastructure spending that reached $72 billion in 2025. Meta employed nearly 79,000 people as of December 31.

Microsoft 365 Copilot's Researcher agent now uses two competing AI models in sequence. OpenAI's GPT drafts the response while Anthropic's Claude reviews it for accuracy, completeness, and citation quality.