Daily AI briefing

AI Briefing: OpenAI’s Legal Drama & the $13B Data Center Debt Wave

OpenAI's Greg Brockman defends a $30B stake in court, Cerebras eyes a $26B IPO, and Meta seeks $13B for an AI data center in Texas.

  • Briefing date: 2026-05-05
  • Editorial AI analysis
  • The AI Wrap

Stories covered on 2026-05-05

  1. ‘I Actually Thought He Was Going to Hit Me,’ OpenAI’s Greg Brockman Says of Elon Musk

    WIRED · 2026-05-05

    OpenAI’s president wrapped his testimony on Tuesday by revealing a fiery meeting with Musk in 2017 and subsequent efforts to remove several board members.

  2. Apple agrees to pay $250m after falsely claiming AI-powered Siri was ‘available now’

    The Guardian AI · 2026-05-05

    Settlement, which includes no admission of wrongdoing, covers roughly 36m eligible devices in class-action lawsuit Apple on Tuesday agreed to pay $250m to settle a class-action

  3. Altara secures $7M to bridge the data gap that’s slowing down physical sciences

    TechCrunch · 2026-05-05

    Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems.

  4. OpenAI president forced to read his personal diary entries to jury

    Ars Technica · 2026-05-05

    Elon Musk argued the journals show the moment when OpenAI abandoned its mission.

  5. Oaktree BDC Marks Down Software Loans, Flags 26% AI Exposure

    Bloomberg · 2026-05-05

    Oaktree Capital Management cut the value of one of its private credit funds by almost 4% as the firm marked down its software assets.

  6. Google Home’s Gemini AI can handle more complicated requests

    The Verge · 2026-05-05

    Google Home users can now ask Gemini to complete more complex, multi-step tasks and combine multiple tasks in a single command.

  7. Apple will pay $250 million for failing to deliver its AI-powered Siri on time

    Engadget · 2026-05-05

    The proposed settlement is the result of a class action lawsuit filed in California.

  8. Anthropic reportedly agrees to pay Google $200 billion for chips and cloud access

    Engadget · 2026-05-05

    This five-year deal is one of many circular agreements keeping the AI sector afloat.

  9. Silicon Valley bets on floating AI data centers powered by ocean waves

    Ars Technica · 2026-05-05

    Panthalassa aims to test floating AI computing nodes in the Pacific in 2026.

  10. Xbox is ditching Microsoft's Copilot AI

    Engadget · 2026-05-05

    The AI assistant is no longer coming to consoles and will be removed from the Xbox mobile app.

  11. Closing the ‘Expressivity Gap’: How Mistral’s Voxtral TTS is Redefining Multilingual Voice Cloning with a Hybrid Autoregressive and Flow-Matching Architecture

    MarkTechPost · 2026-05-05

    Voice AI has a dirty secret. Most text-to-speech systems sound fine — until they don’t. They can read a sentence. What they cannot do is mean it. The rhythm is off.

  12. Beijing’s Veto of Meta’s Manus Deal Signals a Shift in the Global AI Race

    Bloomberg · 2026-05-05

    Beijing’s veto of the Meta-Manus deal has shaken the AI industry. What this means for Chinese startups aiming for the global stage.

  13. Why China Blocked Meta’s $2 billion Acquisition of Manus AI

    Bloomberg · 2026-05-05

    Beijing blocked Meta’s $2 billion Manus deal. On today’s Big Take Asia podcast, we discuss what the fallout means for Chinese AI startups with global ambitions. (

  14. Apple plans to make iOS 27 a Choose Your Own Adventure of AI models

    TechCrunch · 2026-05-05

    With Apple's latest operating system updates, users will reportedly have their pick of which third-party AI models they want to use for a host of tasks.

  15. AMD Rallies Anew After AI Demand Fuels Blockbuster Forecast

    Bloomberg · 2026-05-05

    Advanced Micro Devices Inc., the leading challenger to Nvidia Corp. in AI computing chips, soared to new heights in late trading after a flood of data center spending bolstered its

  16. Guggenheim’s Schwartz Warns Power Crunch Imperils US in AI Race

    Bloomberg · 2026-05-05

    Guggenheim Partners Executive Chair Alan Schwartz warned that the US risks falling behind in artificial intelligence development if it fails to address critical infrastructure

  17. Nvidia Billionaire Mark Stevens Gives $200 Million to Alma Mater USC for AI Research

    Bloomberg · 2026-05-05

    Billionaire Nvidia Corp. director Mark Stevens and his wife Mary are gifting $200 million to the University of Southern California to advance AI research and education across the

  18. Apple could let you pick a favorite AI model in iOS 27

    The Verge · 2026-05-05

    The next update to Apple's operating systems could allow users to choose their preferred AI model for running Apple Intelligence.

  19. Thoma Bravo Is `Model Agnostic,' Says Boro

    Bloomberg · 2026-05-05

    Thoma Bravo is model agnostic when it comes to AI models and has relationships with OpenAI and Anthropic as well as Google, says the company’s managing partner Seth Boro.

  20. Microsoft gives up on Xbox Copilot AI

    The Verge · 2026-05-05

    Xbox is "winding down Copilot on mobile" and "will stop development of Copilot on console," new Xbox CEO Asha Sharma announced on Tuesday.

  21. Guggenheim's Schwartz Says US Power Crunch Hurts AI Push

    Bloomberg · 2026-05-05

    The US risks falling behind in development of artificial intelligence because of the need to upgrade the electricity grid, Guggenheim Capital Executive Chair Alan Schwartz says.

  22. Apple Intelligence will reportedly let you choose third-party AI models in iOS 27

    Engadget · 2026-05-05

    iPads and Macs are also expected to embrace external options for generative AI.

  23. Pinterest Sees Payoff From Custom AI

    Bloomberg · 2026-05-05

    Pinterest's first-quarter sales topped analysts' estimates as the platform leaned into the use of its own custom AI models to drive down costs and increase user engagement.

  24. Brockman Says Musk’s Lack of AI Knowledge Was Concern at OpenAI

    Bloomberg · 2026-05-05

    OpenAI President Greg Brockman testified that Elon Musk called a ChatGPT predecessor “stupid,” and told the researchers developing the model that “kids on the internet could do a

  25. PayPal, Coinbase Announce Layoffs as AI Impact Bites

    Bloomberg · 2026-05-05

    Software shares continue to feel the impact of AI uncertainty, with news coming out about job cuts at PayPal and Coinbase as well as disappointing commercial sales from Palantir.

  26. OpenAI to Spend $50 Billion on Computing in 2026, Brockman Says

    Bloomberg · 2026-05-05

    OpenAI expects to spend $50 billion on computing power this year to support its artificial intelligence software, according to co-founder and President Greg Brockman.

  27. Google Home gains more Gemini-powered camera features

    Engadget · 2026-05-05

    The company also updated Gemini for Home for those in an early access program.

  28. US and tech firms strike deal to review AI models for national security before public release

    The Guardian AI · 2026-05-05

    Microsoft, Google DeepMind and xAI products to be vetted for cybersecurity, biosecurity and chemical weapons risks The US government has struck deals with Google DeepMind

  29. US government now has pre-release access to AI models from five major labs for national security testing

    The Decoder · 2026-05-05

    The US Department of Commerce is expanding its AI safety testing: Following Anthropic and OpenAI, Google Deepmind, Microsoft

  30. ChatGPT's new default model is more factual and better at personalization

    Engadget · 2026-05-05

    OpenAI is deploying GPT-5.5 Instant to all users starting today.