Latest AI News

OpenAI has surpassed $10 billion in annual recurring revenue, mainly driven by ChatGPT and enterprise AI tools. With 3 million business subscribers and approximately 800 million users, the company has reached a major milestone in less than three years. Despite this success, OpenAI faces significant operating costs, posting a $5 billion net loss in 2024. The company aims to reach $125 billion in revenue by 2029.

Apple announced their largest visual redesign ever called "Liquid Glass" for all operating systems. Apple Intelligence can now be used by all apps, not just Apple's native ones. Operating systems will now use year identifiers (iOS 26, iPadOS 26, etc.) instead of sequential numbers. Updates include design improvements, enhanced widgets, and overhauled core apps. All updates will launch this fall.

Amazon announced a $20 billion investment to build cloud and AI data centers in rural Pennsylvania, marking the state's largest private corporate investment. The facilities will be located in Salem Township and Falls Township in the Berwick area, with two major complexes planned near a nuclear power plant. The project promises significant economic benefits for local communities, including infrastructure improvements and new jobs. Amazon cited Trump administration regulatory reforms as enabling rapid development. Construction begins immediately, positioning the sites as key regional hubs for Amazon Web Services amid growing AI adoption.

Apple faces significant challenges at WWDC 2025, including delayed AI initiatives and regulatory hurdles. Its Apple Intelligence program lags behind competitors, with many features postponed and reliance on external providers like OpenAI. The company also confronts legal battles over App Store fees and potential tariffs on foreign-made iPhones. With stock down 40%, Apple seeks to regain momentum through new OS designs, developer-focused AI tools, and service enhancements.