Welcome back, fellow AI enthusiast. OpenAI just launched a $4 billion consulting army to take back the enterprise market. Andrej Karpathy, one of the most respected minds in AI, just defected from OpenAI to join Anthropic. And Canada dropped a bombshell privacy ruling against ChatGPT that regulators worldwide are watching closely. It's a big one today, let's get into it.
Today In AI:
OpenAI Files Confidential IPO, Eyes $1 Trillion Valuation
OpenAI Launches DeployCo, a $4B Enterprise AI Consulting Arm
How to create interactive charts and diagrams in Claude
Cohere Merges with Aleph Alpha, Creating a $20B Transatlantic AI Giant
How to create product images of edible creations
3 trendy AI tools and more
Latest Highlights
OpenAI
Image source: Market Intelligence
Summary: OpenAI filed its confidential draft IPO registration with the SEC on May 22, 2026, with Goldman Sachs and Morgan Stanley co-leading the deal, targeting a listing between Labor Day and Thanksgiving 2026.
Details:
The company is currently valued at $852 billion by private investors and could reach a $1 trillion valuation by the time it lists publicly.
OpenAI plans to raise at least $60 billion in the offering, which would rank among the largest IPOs in history.
The company recently completed a restructuring, converting from a nonprofit to a public benefit corporation, with the nonprofit foundation retaining a 26% stake.
CEO Sam Altman cautioned staff that "filing is different from being ready to go public," signaling the listing timeline could still shift.
Why it matters: A $1 trillion OpenAI IPO would be the largest technology IPO in history, reshaping how the public markets perceive and price AI companies, and setting a benchmark for Anthropic and others eyeing similar moves.
OpenAI
Image source: AI Valley
Summary: OpenAI launched the OpenAI Deployment Company (DeployCo) on May 11, 2026, a majority-owned standalone subsidiary backed by over $4 billion from TPG, Goldman Sachs, McKinsey, Bain Capital, Capgemini, and 14 other investors.
Details:
DeployCo places Forward Deployed Engineers directly inside client organizations to redesign workflows and build production AI systems from the ground up.
OpenAI acquired Tomoro, an applied AI consulting firm with 150 engineers, to serve as its initial operational capacity for the new unit.
The move directly responds to OpenAI's enterprise API market share reportedly falling from ~50% in 2023 to roughly 25% by mid-2025, as Anthropic and Google gained ground.
Co-investors McKinsey and Capgemini have economic exposure to DeployCo's outcomes, making them strong referral partners rather than passive affiliates, according to reporting from Build Fast with AI.
Why it matters: The battle for AI dominance is no longer just about benchmarks and model releases, it's about who controls enterprise deployment. DeployCo signals OpenAI's aggressive push to reclaim that layer before competitors lock it up.
Cohere
Image source: Cohere
Summary: Canada's Cohere and Germany's Aleph Alpha announced a merger creating a ~$20 billion transatlantic AI company with dual Canadian-German headquarters, backed by support from both governments.
Details:
Cohere's shareholders will receive approximately 90% of the combined entity, with Aleph Alpha's shareholders receiving 10%, making this effectively a Cohere acquisition in merger packaging.
Schwarz Group is committing $600 million to Cohere's upcoming Series E, expected to close later in 2026, deepening the deal's financial firepower.
The merger positions the combined entity as a pure-play enterprise and government provider, distinct from the consumer-focused models of OpenAI/Microsoft and Google.
Canada and Germany signed a Sovereign Technology Alliance earlier this year, providing political backing for the combined company as a non-American AI alternative.
Why it matters: With US hyperscalers dominating globally, this merger creates a credible, well-capitalized European-North American challenger focused on sovereignty, privacy, and government AI, a market segment that's only growing.
AI Tutorial
How to create interactive charts and diagrams in Claude
Go to Claude and sign up
Select ‘Sonnet 4.6‘ as your model and enter your prompt
Sample Prompt: What's a good major for someone who likes these things: sketching, visiting old buildings, and solving 3D puzzles. map out careers with that vibe.
Within seconds it will generate an interactive flowchart for you
Tap any path to explore deeper
How to create product images of edible creations
Source: yourPlugAI
USE THIS PROMPT:
ChatGPT Image 2.0: Commercial product photography of [PRODUCT TYPE + BRAND + VARIANT] placed on [PRIMARY SURFACE + TEXTURE]. The container is [MATERIAL + COLOR + CAP DETAIL], filled with [PRODUCT COLOR + TEXTURE DESCRIPTION]. The label features [LOGO + TEXT DETAILS + ILLUSTRATION ELEMENTS].
A dynamic, frozen-in-time [LIQUID / PARTICLE SPLASH TYPE] explodes or swirls around the product, composed of [PRIMARY INGREDIENT ELEMENTS] and [SECONDARY DETAILS like seeds, slices, droplets]. The motion is [ENERGY STYLE: smooth swirl / violent burst / layered flow], with droplets and fragments suspended mid-air in sharp detail.
The environment is [SURROUNDING SETTING: tropical / rustic / dark cinematic / studio], enhanced with [SUPPORTING PROPS OR INGREDIENTS] placed naturally around the base. Background features [BACKGROUND TYPE + COLOR GRADIENT OR SCENE] with [DEPTH ELEMENTS like blur, smoke, foliage, light haze].
Lighting is [LIGHTING STYLE: bright sunlit / warm golden / dramatic backlight / soft studio], emphasizing [REFLECTIONS / TRANSLUCENCY / TEXTURE DETAILS]. Add subtle highlights and shadows to enhance depth and realism.
Typography "[TAGLINE TEXT]" appears in [FONT STYLE + COLOR + POSITION], clean and elegant.
Shot with [CAMERA STYLE: shallow depth of field / macro focus / cinematic angle], ultra-detailed, high contrast, hyper-realistic, utilizing Nano Banana aesthetic for crisp textures, perfect liquid physics, and rich color blending.
Quick Hits
🎙️ Wispr Flow - Speak into any app, Slack, email, Notion, and it instantly turns your voice into clean, polished text. 3–4x faster than typing.
📝 Granola - An invisible meeting note-taker that transcribes directly from your device, no bot joining your calls, then intelligently cleans up your rough notes after.
🎨 Napkin AI - Paste any text and get a presentation-ready diagram, flowcharts, timelines, concept maps, generated in under ten seconds, zero design skills needed.
🧠 Andrej Karpathy, OpenAI Co-Founder, Defects to Anthropic
🇨🇦 Canada Rules ChatGPT Violated Privacy Law
🔒 WEF: AI Is Now the #1 Cyber Threat on Earth
🤐 Sam Altman Walks Back His Own "AI Jobs Apocalypse" Prediction
🌐 Microsoft Open-Sources Webwright, a Powerful Browser AI Agent
🇨🇳 Nvidia Admits It Has "Largely Conceded" China's AI Chip Market to Huawei