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OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy
OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy
The rush by AI companies to go public before the window closes (i.e., "market conditions" emerge) entered its final lap late on Monday, when OpenAI joined its two mega peers in filing for a blockbuster IPO that could value the ChatGPT creator at more than $1tn as it races rival Anthropic to list its shares publicly, following an imminent offering by SpaceX.
OpenAI said it had confidentially submitted a draft IPO prospectus to the US Securities and...
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Feb 19, 2026 / Tyler Durden
NY Gov. Kathy Hochul Kills Plan To Allow Robotaxi Operations Outside NYC
NY Gov. Kathy Hochul Kills Plan To Allow Robotaxi Operations Outside NYC
New York Governor Kathy Hochul has withdrawn a proposal that would allow commercial robotaxi pilot operations outside New York City limits without a human safety operator in the vehicle. The decision was first reported by Bloomberg News earlier Thursday and is a major setback for Waymo as it attempts a rapid US expansion this year.
Bloomberg reported:
The proposal, which Hochul had included in a policy preview she presented last month, would have allowed autonomous-vehicle companies such as Waymo...
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Aug 26, 2026 / Tyler Durden
Oil Extends Decline As Rubio Rules Out New Strikes, Iran-Oman Transit Deal Nears Finalization
Oil Extends Decline As Rubio Rules Out New Strikes, Iran-Oman Transit Deal Nears Finalization
An IRGC spokesman has announced Wednesday that Iran and Oman have reached agreements on their share of the Strait of Hormuz and its revenues, according toTasnim news agency. So essentially the "fee" scheme has been set. There's talk of reopening the strait on an "interim" basis, Bloomberg says.
"We entered into negotiations with Oman about a month ago and have reached results that have been accepted by both sides," the official said. "Agreements have been reached on...
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Mar 10, 2026 / Tyler Durden
IRGC Says Iran, Not US, Will Determine War's End As Trump Threatens Strikes '20 Times Harder' If Hormuz Transit Blocked
IRGC Says Iran, Not US, Will Determine War's End As Trump Threatens Strikes '20 Times Harder' If Hormuz Transit Blocked
Summary:
Pentagon claims "winning": After ten days into Operation Epic Fury, Pentagon chief Pete Hegseth lists objectives that include destroying Iran's missile infrastructure, defense industry, navy, and ensuring Tehran is "permanently" denied nuclear weapons.
Trump's mixed messaging as war could end 'soon' while saying Iran's military is crippled, but also warns Tehran would be hit "20 times harder" if it disrupts oil traffic through the Strait of Hormuz. Signs of Washington officials looking...
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