General Motors laid off over 600 salaried IT workers — more than 10% of its IT department — with explicit plans to hire AI-skilled replacements, marking one of the most direct corporate AI workforce swaps yet.
OpenAI is generating $2 billion per month and targeting a regulatory IPO filing in late 2026, potentially at a $1 trillion valuation — despite projecting losses through 2030.
Sam Altman testified in the Musk v. OpenAI trial that Elon Musk demanded 90% equity in OpenAI at founding and walked when denied. Microsoft’s Nadella also testified, saying Musk never raised concerns about Microsoft’s investment.
Google’s Threat Intelligence Group confirmed the first known real-world case of hackers using AI to discover and build a zero-day exploit, targeting a 2FA bypass for a planned mass exploitation event.
Google unveiled Gemini Intelligence at its Android Show, an agentic AI layer that can move across apps and complete tasks autonomously. The company also announced Googlebook AI-native laptops launching this fall.
Residents of Saline, Michigan voted against an OpenAI-Oracle AI data center on their farmland — but construction started anyway weeks later, highlighting the limits of local resistance to Big Tech infrastructure.
Anthropic CEO Dario Amodei has reversed his earlier warnings about AI-driven job displacement, now arguing the Jevons Paradox means AI will expand rather than shrink the job market.
Andreessen Horowitz has led a $16 million funding round for Pit, a Swedish AI startup — a sign that Silicon Valley’s biggest venture firms are increasingly willing to back European AI companies.
Meta’s business AI tools now facilitate 10 million customer conversations per week — up 10x from January — signaling rapid enterprise adoption of AI-powered customer engagement.
Alphabet raised $17 billion via bond issuance to fund AI infrastructure buildout — as Invesco warns that Big Tech’s AI debt appetite is just getting started.