OpenAI files for IPO Following Anthropic as AI race shifts to Wall Street
OpenAI has officially filed confidential paperwork for a U.S. initial public offering (IPO), becoming the latest artificial intelligence giant to pursue a stock market debut. The move comes just days after rival Anthropic filed its own IPO application, setting the stage for one of the most significant public market battles in technology history. Editorial credit: Henry Franklin / Shutterstock The ChatGPT maker confirmed that it has confidentially submitted a draft registratio
Uber and Lyft file federal lawsuits to block New York City's landmark Driver Retention Law
Ride-hailing companies Uber and Lyft have filed lawsuits against New York City seeking to block a new law that would restrict how and when they can deactivate drivers from their platforms. The companies argue the legislation interferes with their ability to enforce safety standards and manage their networks. The law at the center of the dispute The challenged measure, Local Law 52 of 2026, requires ride-hailing platforms to show “just cause” or a valid economic reason before
Endurance Energy raises $54m to tap geothermal power beneath the ocean floor
Seattle-based clean energy startup Endurance Energy has raised $54 million in a Series A funding round to pioneer a completely untapped frontier in renewable energy: harvesting geothermal power from the ocean floor. The funding round was led by Peter Thiel’s Founders Fund, alongside significant investments from Felicis, Voyager Ventures, Riot Ventures, and Construct Capital. Returning seed backers Point72 Ventures, First Round Capital, and Ascend also participated. Endurance
Tech company under scrutiny over alleged use of pokémon go data to train military drone navigation systems
A growing controversy has emerged after reports suggested that data generated by players of Pokémon Go may have been used to train AI systems capable of supporting navigation in military drone operations. The claims have raised fresh concerns about how consumer-generated location data can be repurposed for defense technologies without users fully understanding the downstream use of their information. Editorial credit: KeongDaGreat / Shutterstock From Mobile Game to 3D Mapping
Canada introduces Bill to ban social media for under-16s and regulate AI chatbots
Canada has introduced sweeping new digital safety legislation that would prohibit children under 16 from creating social media accounts and impose new safety obligations on AI chatbot services. The proposed law, known as the Safe Social Media Act (Bill C-34), is part of a broader effort to address rising concerns about online harms affecting young people. Editorial credit: Thrive Studios ID / Shutterstock Under the proposed legislation, individuals under the age of 16 would b
