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#openai
The Verge's tech agenda centres on AI trust, Android and platform control
The Verge's 16 May front page points to a tech cycle shaped by AI guardrails, Google's Android push and tighter control over software distribution.
Cerebras Soars 68% in Debut, Becomes $95 Billion AI Chip Giant With Largest IPO of 2026
Cerebras Systems shares surged 68 per cent in their Nasdaq debut, closing at $US311.07 after the AI chipmaker raised $US5.55 billion in the largest IPO of 2026. The company, a challenger to Nvidia with its wafer-scale AI processors, commanded a $US95 billion market capitalisation.
OpenAI backs tougher Illinois AI bill after retreat on liability shield
OpenAI has stepped away from an Illinois bill that would have shielded AI developers from some catastrophic-harm lawsuits and is now backing a rival measure centred on audits and transparency.
OpenAI launches $US4bn deployment company, acquires Tomoro
OpenAI has launched a standalone deployment company backed by more than $US4 billion in initial investment and agreed to acquire applied AI consultancy Tomoro, bringing 150 engineers into the new unit as it pushes deeper into enterprise AI integration.
Canva pauses 5,300 staff for AI Discovery Week with OpenAI, Anthropic and Google
Canva paused normal work for its 5,300 staff this week to run a five-day program of artificial intelligence learning and hackathons. Speakers from OpenAI, Anthropic and Google joined the second annual AI Discovery Week at the Sydney design giant.
