OpenAI has confidentially filed for an IPO with the SEC. The company has yet to decide on the timing of the offering. It may be a while before OpenAI goes public, as there are things the company wants to do that are likely easier as a private entity, but the filing gives it the option to go public sooner if that ends up being best. OpenAI plans to facilitate a tender offer that will allow employees to sell shares at its latest $852 billion post-money valuation to alleviate some near-term liquidity pressure.

Apple has introduced a new, improved version of Siri and new features to Apple Intelligence. Siri can now handle tasks like researching concert tickets and brainstorming recipes for a party. Apple is using AI models and cloud computing services from Google to power Siri and Apple Intelligence. Siri and Apple Intelligence features will be integrated across Apple's apps, so users will be able to do things like alter photos or ask Siri questions about what they're photographing. There will be daily limits on image generation features due to compute limitations.

Commonwealth Fusion Systems says that the physics of its commercial-scale power plant has been validated by five peer-reviewed papers. The company is now targeting the early 2030s to put energy on the grid. It is building a 400-megawatt facility in Virginia and a demonstration machine in Massachusetts. It has so far raised almost $3 billion from investors, including Bill Gates' Breakthrough Energy Ventures and Nvidia's venture arm.

Samsung is reportedly in the early stages of producing AI space computing chips for SpaceX's satellite chip ambitions. SpaceX plans to build satellites in space that process and beam data back to Earth. TSMC has also been named as a manufacturing partner. Early-stage chip production could include anything from prototype silicon to limited qualification runs.

Of the 48,000 CVEs published last year, fewer than 60 impacted supply chains. Triage was always the problem, and AI-powered detection is making it virtually impossible. Black Kite built this report to show you how to cut through the noise and get right to the CVEs that need your attention. Read the (ungated) report

Loop engineering is when a developer replaces themselves as the person who prompts the agent with a system that does it instead. The loop is a recursive goal where the user defines a purpose and the AI iterates until complete. The technology is still early - users have to be careful about token costs and still monitor to ensure quality - but this is likely the future of how people work with coding agents. Stop prompting coding agents and design loops that prompt agents instead.

Apple's Core AI framework allows developers to build, run, and deploy AI models in apps on Apple silicon. It enables access to the latest model architectures and inference techniques across the CPU, GPU, and Neural Engine. The Swift API gives developers control over model specialization, caching, and inference performance while making common tasks simple. Core AI integrates with Xcode and the developer toolchain.

Google Search queries reached an all-time high last quarter. AI Overviews and AI Mode are driving user engagement, and AI-powered ad tools are driving better ROI for advertisers. Search AI Mode has crossed 1 billion monthly active users, and AI Overviews has over 2.5 billion monthly active users. Search saw revenue grow by 19% year on year last quarter.

Leopold Aschenbrenner had no professional investing experience when he launched his AI-focused investment firm, Situational Awareness. The firm's assets have vaulted from a few hundred million dollars to more than $20 billion in less than two years. One of its most successful bets is a stake in Anthropic. The firm's investors include Jane Street, a savvy quant-trading firm that rarely allocates capital to outside money managers.

It's the question stalling AI and personalization. Join Transcend on June 16 to learn a maturity model for unlocking first-party data. Register here →

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Flying cars promise a future where humans have more options on where to live, work, and visit.

A look at the different projects developers have made with AI coding tools.

Trump has previously said that he has no intention of pardoning Bankman-Fried.

We are potentially in a golden age for the web, as many major barriers to entry are being removed.

The new architecture runs Apple Foundation Models co-developed with Google both on-device and on Apple's Private Cloud Compute infrastructure.

Companies would rather protect shareholder value than ensure customers are informed about data breaches.