OpenAI's $250M initiative could reshape labor markets, influence AI governance, and impact economic distribution, affecting global policy trends.
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The self-improving tax AI could revolutionize service industries by enhancing efficiency and allowing professionals to focus on complex tasks.
The post OpenAI and Thrive develop self-improving tax AI with 97% accuracy appeared first on Crypto Briefing.
OpenAI's $250M initiative could reshape labor markets, influence AI governance, and impact economic distribution, affecting global policy trends.
The post OpenAI Foundation commits $250M to support economic futures amid AI transition appeared first on Crypto Briefing.
NY-12 congressional candidate Alex Bores speaks during a campaign event. | Bloomberg via Getty Images
By the time that the Democratic primary for New York's 12th congressional district wraps up in June, Anthropic and OpenAI will have spent millions on their battle over the political future of AI: who gets to regulate it, or who will be punished for trying to regulate it. But the real winner of their feud may be the guy they're currently fighting over: a once-obscure New York state assemblyman, who they've Streisand-effected into becoming the poster child for AI safety regulation.
Ever since late 2025, Leading the Future, a super PAC funded by OpenAI, Palantir, and a16z executives, has spent millions against Alex Bores, who wrote one of the …
Read the full story at The Verge.
After years of warning that AI would wipe out entry-level white-collar roles, OpenAI CEO Sam Altman now says he was wrong on the near-term jobs impact. Recent studies from Yale Budget Lab, Brookings, and Anthropic find limited labor effects so far, even as Altman calls out “AI washing” by companies using automation as cover for […]
If ever there were a lawsuit in which a jury and judge should have ruled against both the accuser and the defendants, Elon Musk’s suit against OpenAI and Microsoft was it.
The high-profile legal battle pitted the world’s richest man against a company worth more than $3 trillion, another that might soon launch a $1 trillion IPO, and tech execs claiming to have only the good of the world in mind, not mere filthy lucre, while they develop a technology some fear could eventually destroy humankind.
The lawsuit was eventually thrown out, but only on technical grounds. Meanwhile, unregulated AI marches on, with Musk, OpenAI and Microsoft all getting richer.
The only winner in this suit was hypocrisy. Here’s why.
Back to the beginning
To understand how this unfolded, we need to go back to OpenAI’s beginnings. The company was founded by current CEO Sam Altman, Musk and others in 2015 — back when AI was a niche technology, used primarily for image and speech recognition, robotics, and experimen
Google's current AI spending is among the largest in the world, and comes at a time when the battle between OpenAI and Anthropic, the two largest AI startups in the world, inches closer towards a trillion-dollar IPO face-off.