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News

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pymnts.com > news > artificial-intelligence > 2026 > anthropic-could-land-nvidia-as-10-billion-ipo-investor

Anthropic Could Land Nvidia as $10 Billion IPO Investor

14+ hour, 37+ min ago   (446+ words) Anthropic is reportedly in talks to have Nvidia invest in its landmark stock market listing. The chipmaker would come on as an anchor investor for Anthropic’s initial public offering (IPO), Reuters reported Friday (Sept. 11), citing sources familiar with the matter....

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pymnts.com > news > 2026 > openai-pauses-ipo-plans-amid-ai-safety-worries

OpenAI Pauses IPO Plans Amid AI Safety Worries

16+ hour, 12+ min ago   (452+ words) OpenAI has reportedly postponed plans to go public amid corporate concerns about artificial intelligence safety. The AI startup’s initial public offering (IPO) will not take place in 2026, CEO Sam Altman said in an interview with Fortune on Friday (Sept. 11), saying…...

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pymnts.com > cpi-posts > obama-calls-on-democrats-to-confront-risks-from-rapid-ai-growth

Cravath Lands Six Weil Partners in High-Profile M&A Team Hire

23+ hour, 31+ min ago   (868+ words) Former President Barack Obama is urging Democratic leaders to make artificial intelligence policy a major political priority, warning that the technology’s rapid development could create serious dangers without stronger oversight. Obama raised the concerns during a private fundraising event last…...

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pymnts.com > news > artificial-intelligence > 2026 > sam-altman-floats-industrywide-pause-as-frontier-ai-safety-concerns-grow

Sam Altman Floats Industrywide Pause as Frontier AI Safety Concerns Grow

3+ day, 6+ hour ago   (403+ words) OpenAI CEO Sam Altman told employees in a company-wide meeting that the firm is considering slowing down its development of cutting-edge artificial intelligence, Bloomberg reported Friday (Sept. 11), citing unnamed sources. Altman said that he hopes other AI labs will join…...

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pymnts.com > news > artificial-intelligence > 2026 > openai-focuses-on-investment-banking-ahead-of-wider-financial-services-rollout

OpenAI Focuses On Investment Banking Ahead of Wider Financial Services Rollout

3+ day, 14+ hour ago   (275+ words) OpenAI has introduced a tailored ChatGPT Work experience designed for financial institutions, the company said in a Thursday (Sept. 10) press release. ChatGPT for Financial Services is initially focused on investment banking and equity research, and it is designed to help…...

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pymnts.com > cpi-posts > us-justice-department-examines-nvidias-17-billion-groq-deal

US Justice Department Examines Nvidia???s $17 Billion Groq Deal

3+ day, 19+ hour ago   (478+ words) According to Reuters’ account of the New York Times report, the Justice Department began examining the arrangement shortly after it was announced in December and subsequently issued Nvidia a formal request for information. The investigation is focused on whether the…...

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pymnts.com > news > artificial-intelligence > 2026 > openai-cuts-off-rivals-ads-chatgpt

OpenAI Cuts Off Rivals??? Ads on ChatGPT

3+ day, 20+ hour ago   (592+ words) OpenAI cut off ChatGPT ads for any product that competes with its own image and audio tools, and Adobe found out the hard way, losing the ability to promote its Firefly image generator without warning. OpenAI just shipped ChatGPT Images…...

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pymnts.com > news > artificial-intelligence > 2026 > bis-executive-warns-disappointing-ai-returns-could-trigger-global-downturn

BIS Executive Warns Disappointing AI Returns Could Trigger Global Downturn

3+ day, 23+ hour ago   (336+ words) The artificial intelligence investment boom poses potential risks to global financial stability, Bank for International Settlements General Manager Pablo Hernández de Cos said Thursday (Sept. 10). “The concern is straightforward,” de Cos said. “Should the returns to AI disappoint, a pullback…...

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pymnts.com > news > artificial-intelligence > 2026 > openai-hugging-face-hack-triggers-senate-probe

OpenAI???s Hugging Face Hack Triggers Senate Probe

3+ day, 22+ hour ago   (440+ words) Lawmakers in the United States are pushing for new rules to govern artificial intelligence, Reuters reported Thursday (Sept. 10). The effort follows an incident in which OpenAI’s agents hacked the company Hugging Face, as well as comments from Joshua Coxon, an…...

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pymnts.com > news > artificial-intelligence > 2026 > congress-pushes-ai-agents-into-the-audit-trail

Congress Pushes AI Agents Into the Audit Trail

4+ day, 47+ min ago   (296+ words) U.S. representatives are introducing the Stop Rogue AI Act in the U.S. House of Representatives Thursday (Sept. 10), giving federal policymakers a way to begin defining the security controls organizations may need as autonomous artificial intelligence agents move into production. Introduced by Reps....