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EXPLAINED: 4 | Vintage Vibes

Ever wonder why ChatGPT is free? The answer is far more calculated than you might think

If AI costs billions to build, why are tools like ChatGPT, Claude and Gemini still free? Here's how the business model really works.

Tom’s Guide

OpenAI opens Madrid office as it deepens ties with Spanish companies

The company behind ChatGPT will open an office in Madrid to strengthen its European presence and work more closely with Spanish firms, developers, research centres and institutions.

Euronews

Musk's SpaceX set to make biggest-ever initial public offering on Wall Street

Elon Musk's space transport company SpaceX is set to begin trading on the US market on Friday with an offering of more than 555 million shares priced at at $135 each. The move is expected to place SpaceX in the top 10 of Wall Street's biggest companies and make Musk…

France 24

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Anthropic's Fable 5 worth the price? OpenAI may soon become cheaper

Is Anthropic's Fable 5 worth the price? OpenAI might soon offer a cheaper alternative

Euronews

Man Asks Autozone Worker A Question. The Worker Recommends Lucas. Then The Man Asks ChatGPT For A Second Opinion

"ChatGPT is a big reason why..."

Motor1

Friday essay: despite the AI hype, some experts warn of a bubble – what happens if it pops?

In the last few years, the hype around artificial intelligence has become stratospheric. Riding a wave of venture capital, tech leaders promised us AI would revolutionise work, boost productivity and lead to incredible new breakthroughs. OpenAI, the creator of ChatGPT, set a new record when it attained US$110 billion in…

The Conversation

OpenAI Buys Secure Cloud Startup Ona To Assist Its AI Coding Assistant, Codex

OpenAI formally announced on June 11 that it has agreed to acquire Ona, a cloud execution and orchestration startup.

International Business Times

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OpenAI bans China-linked ChatGPT accounts that amplified US data center electricity price backlash — used AI-generated cartoons to stoke fears over U.S. data center energy costs

OpenAI says it has banned two clusters of ChatGPT accounts it believes are operating from China, and that used its models for covert influence campaigns targeting U.S. tech and policy debates.

Tom’s Hardware

As SpaceX goes public, a $100 billion shadow market faces a reckoning

SpaceX’s public debut could kick off months (or even years) of reckoning in the venture secondaries market, the pre-IPO Wild West.

Fortune

Canadian mother sues OpenAI, alleging ChatGPT led her daughter to kill herself

Suit filed in US alleges chatbot told Alice Carrier, 24, ‘maybe this is just the end’ as she struggled with suicidal thoughts

The Guardian - US

OpenAI to acquire Ona to strengthen Codex cloud capabilities

OpenAI is set to acquire Ona, a cloud execution firm. This move will boost OpenAI's Codex platform, enabling AI agents to run complex, long-term tasks in secure cloud environments. The acquisition aims to support growing Codex usage and help enterprises deploy AI in production. Ona's team will join OpenAI post-deal.

The Economic Times

Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims

Former xAI engineer Devin Kim claims he was illegally fired for trying to implement safety mechanisms for the chatbot

The Guardian - US

US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investors

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable…

The Economic Times

OpenAI Reportedly Considering Slashing Prices To Compete With Anthropic

OpenAI is considering slashing prices to lure consumers using Anthropic, according to a new report.

International Business Times

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The Guardian - US

AI wealth boom sending San Francisco home prices surging: ‘It’s ridiculous’

Employees at artificial intelligence companies are coming into gargantuan sums of money amid boom in IPOs

The Economic Times

Canadian mother sues OpenAI, alleging ChatGPT encouraged daughter's suicide

A Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter's suicide. The daughter reportedly had suicidal thoughts and discussed them with the chatbot multiple times. The lawsuit alleges the AI failed to flag these conversations and instead…

AAP

NYSE Content Update: Visa Announces Payments Partnership with OpenAI

NEW YORK, June 11, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Lance Glinn delivers the pre-market update on June 11thWall Street digests inflation data for a…

AAP

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

EASTON, Pa., June 11, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its unique position across digital assets and strategic investments in leading private technology companies. As of June 10, 2026, at 4:30 p.m. ET, ORBS' holdings…

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TechRadar

OpenAI says suspected fake China-linked accounts tried to sway the debate about US data centers

OpenAI bans China-linked accounts allegedly behind data center propaganda.

Windows Central

Quote of the day by AMD CEO Lisa Su: "For everything that AI can do, AI can't decide which problems are worth solving" — GenAI is nothing without its human babysitters

AMD CEO Lisa Su stresses AI can’t replace human judgment in critical decisions, especially if it lacks data to reference.

International Business Times UK

Why Is Canada Banning Social Media For Children? New Bill Would Bar Under-16s From Instagram, TikTok And More

Canada introduces legislation to restrict children under 16 from accessing social media, aiming to enhance online safety and regulate AI chatbots.

TechRadar

'Wait... what?' — Lionel Messi’s new ChatGPT World Cup partnership feels like marketing written by AI for people who don’t watch soccer

OpenAI's first major football marketing campaign stars Lionel Messi, but it feels more like a corporate AI pitch than a celebration of the world's most popular sport.

Fortune

SpaceX is about to make history—and 80% of VCs won't see a dime of it

A live Term Sheet meetup of investors agreed SpaceX, OpenAI, and Anthropic will reward a sliver of venture. But most of the industry will be watching from the sidelines.

International Business Times UK

Kevin O'Leary Says Choosing Between SpaceX, OpenAI, and Anthropic Is a Mistake — Here's Why

Kevin O'Leary advises investors to diversify by buying SpaceX, OpenAI, and Anthropic at their IPOs, treating them like an index. Here's why the 'Shark Tank' star recommends this strategy for AI giants.

Euronews

ChatGPT can now buy things for you after deal with payments giant Visa

Visa has embedded its payment network inside ChatGPT, letting the chatbot independently shop and complete purchases on your behalf.

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