OpenAI is entering a new phase to make advanced AI widely available and affordable. The company plans to build AI researchers to accelerate scientific discovery and provide every person with a personal AGI system. This move aims to boost productivity and economic growth. Meanwhile, rival Anthropic calls for a slowdown in frontier AI development due to self-improvement concerns.

OpenAI files confidentially for IPO as Anthropic’s rise and massive AI infrastructure costs intensify the capital race.

Reuters had reported that the AI giant is targeting a valuation of up to US$1 trillion. Read more at straitstimes.com. Read more at straitstimes.com.