Story cards stay below the sticky dock while audio, chapters, date, and brief navigation remain accessible.
AI chipmaker Cerebras Systems priced its IPO at $185 per share — well above its marketed range — raising $5.55 billion with an order book 20 times oversubscribed. The company debuts on the Nasdaq today under ticker CBRS at a fully diluted valuation of $56.4 billion, making it the largest AI-focused IPO of 2026.
At its Android Show, Google announced Gemini Intelligence — a suite of AI features that turns Android from an operating system into what exec Sameer Samat called "an intelligence system." Gemini will work across apps, understand on-screen context, complete multi-step tasks, and integrate deeply into Chrome, Gboard, and Android Auto, rolling out to Pixel and Samsung devices this summer.
OpenAI introduced GPT-Rosalind, a reasoning model optimized for biology, drug discovery, and translational medicine. Available as a research preview to qualified enterprise customers including Amgen, Moderna, and Thermo Fisher, it handles target discovery, genomics interpretation, and hypothesis generation, with a free Codex plugin connecting it to over 50 scientific data sources.
Palo Alto Networks found 75 vulnerabilities in its own products — seven times its normal monthly rate — after deploying Anthropic's Mythos and OpenAI's GPT-5.5 for internal security testing. The models generated working exploits over 70% of the time, and CTO Lee Klarich warned organizations have a three-to-five-month window before AI-driven exploits become routine.
OpenAI committed to giving the EU access to GPT-5.5-Cyber for evaluation by European cyber defenders, but Anthropic has not yet agreed to release its Mythos model to the bloc despite multiple Commission meetings. The standoff highlights growing tension between frontier AI labs and governments seeking direct access to defensive AI tools, not just safety assurances.
Anthropic partnered with Blackstone, Hellman and Friedman, and Goldman Sachs to form a standalone AI services company that will embed engineers directly inside enterprises to redesign workflows around Claude. The $1.5 billion venture puts Anthropic in direct competition with McKinsey and traditional consulting firms, leveraging the investors' portfolio companies as a built-in customer base.
OpenAI expanded its ChatGPT advertising platform from a curated pilot with a $50,000 minimum to a self-serve product any U.S. business can access at ads.openai.com. The platform now supports CPC bidding alongside CPM, with OpenAI reportedly targeting $2.5 billion in ad revenue this year and $100 billion annually by 2030.
Canadian AI lab Cohere is acquiring Germany's Aleph Alpha with backing from Schwarz Group ($600M into Cohere's Series E) and support from both the Canadian and German governments. The combined entity, valued at roughly $20 billion, is positioning itself as a sovereign alternative to U.S. hyperscaler AI for enterprises and governments who want full data control.
Cisco announced it will cut nearly 4,000 employees — under 5% of its workforce — to accelerate its AI infrastructure push, even as Q3 revenue hit a record $15.8 billion and beat estimates. CEO Chuck Robbins said the restructuring focuses resources on silicon, optics, security, and enterprise AI tools, with notifications beginning today.
Snap confirmed its $400 million deal with Perplexity — which would have embedded AI search into Snapchat's Chat interface — ended before any broad rollout. Both companies said the "original implementation was not the right fit," and Snap's updated guidance now assumes zero revenue from the partnership.