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OpenAI is reportedly preparing for a massive IPO that could value the company at up to $1 trillion. It follows a recent corporate restructuring that loosened its dependence on Microsoft and aligned its nonprofit foundation with financial success. Reuters reports: OpenAI is considering filing with securities regulators as soon as the second half of 2026, some of the people said. In preliminary discussions, the company has looked at raising $60 billion at the low end and likely more, the people said. They cautioned that talks are early and plans -- including the figures and timing - could change depending on business growth and market conditions. Chief Financial Officer Sarah Friar has told some associates the company is aiming for a 2027 listing, the people said. But some advisers predict it could come even sooner, around late 2026.
[...] An IPO would open the door to more efficient capital raising and enable larger acquisitions using public stock, helping to finance CEO Sam Altman's plans to pour trillions of dollars into AI infrastructure, according to people familiar with the company's thinking. With an annualized revenue run rate expected to reach about $20 billion by year-end, losses are also mounting inside the $500 billion company, the people said. During a livestream on Tuesday, Altman addressed the possibility of going public. "I think it's fair to say it is the most likely path for us, given the capital needs that we'll have," he said.
[...] An IPO would open the door to more efficient capital raising and enable larger acquisitions using public stock, helping to finance CEO Sam Altman's plans to pour trillions of dollars into AI infrastructure, according to people familiar with the company's thinking. With an annualized revenue run rate expected to reach about $20 billion by year-end, losses are also mounting inside the $500 billion company, the people said. During a livestream on Tuesday, Altman addressed the possibility of going public. "I think it's fair to say it is the most likely path for us, given the capital needs that we'll have," he said.
Read more of this story at Slashdot.
AI "cheating" app Cluely's CEO and cofounder, Chungin "Roy" Lee, said most startups flop because their products don't get seen. From a report: "Engineers just cannot make good content," Lee said during a Wednesday interview at TechCrunch Disrupt 2025 "There's a bunch of shallow replicas, but I challenge you to find one video you think is like, 'Yo, this is as tough as Cluely,'" he told TechCrunch.
Every startup needs to focus more on distribution. And most startups flop because they fail to get seen, even if they have product-market fit, Lee said. Cluely launched earlier this year as a tool to help software engineers cheat on their job interviews, among other use cases. The startup earlier this year posted a tongue-in-cheek video of Lee trying to use Cluely to impress a woman on a date, which went viral.
Every startup needs to focus more on distribution. And most startups flop because they fail to get seen, even if they have product-market fit, Lee said. Cluely launched earlier this year as a tool to help software engineers cheat on their job interviews, among other use cases. The startup earlier this year posted a tongue-in-cheek video of Lee trying to use Cluely to impress a woman on a date, which went viral.
Read more of this story at Slashdot.
A critical security flaw in Chromium's Blink rendering engine can crash billions of browsers within seconds. Security researcher Jose Pino discovered the vulnerability and created a proof-of-concept exploit called Brash to demonstrate the bug affecting Chrome, Edge, OpenAI's ChatGPT Atlas, Brave, Vivaldi, Arc, Dia, Opera and Perplexity Comet.
The flaw, reports The Register, exploits the absence of rate limiting on document.title API updates in Chromium versions 143.0.7483.0 and later. The attack injects millions of DOM mutations per second and saturates the main thread. When The Register tested the code on Edge, the browser crashed and the Windows machine locked up after about 30 seconds while consuming 18GB of RAM in one tab. Pino disclosed the bug to the Chromium security team on August 28 and followed up on August 30 but received no response. Google said it is looking into the issue.
The flaw, reports The Register, exploits the absence of rate limiting on document.title API updates in Chromium versions 143.0.7483.0 and later. The attack injects millions of DOM mutations per second and saturates the main thread. When The Register tested the code on Edge, the browser crashed and the Windows machine locked up after about 30 seconds while consuming 18GB of RAM in one tab. Pino disclosed the bug to the Chromium security team on August 28 and followed up on August 30 but received no response. Google said it is looking into the issue.
Read more of this story at Slashdot.
I photographed the birds during my vacation in Bavaria. Breathtaking nature and animal species could be found there. you must have been there once
