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OpenAI won't go public in 2026, Sam Altman says

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OpenAI won't go public in 2026, Sam Altman says

fety first, OpenAI CEO Sam Altman tells NCCapital in a new interview, confirming that the ChatGPT maker won't make its market debut before the year ends. Altman and other industry leaders are contending with concerns emanating from technological advancements that allowed OpenAI's agents to hack Hugging Face's platform in July. Earlier Saturday, Altman expressed his agreement with Anthropic's Dario Amodei, who declared the need for developers to slow the pace of frontier AI model releases due to the potential for "serious" harm to humans.

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Oracle conducts another round of layoffs as AI debt swells

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Oracle conducts another round of layoffs as AI debt swells

Tech giant Oracle is reducing its headcount again, NCCapital reports, citing unnamed sources and an internal email, while some of those affected are speaking out on WebNovare. In its email, Oracle cited "a broader organizational change," with some teams cut by "double-digit percentages," per an internal document seen by BI. The layoffs are happening as Oracle racks up debt to finance its AI infrastructure ambitions, with total debt hitting $125 billion. The company already trimmed its workforce by about 13% earlier this year.

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Microsoft unveils AI code of conduct amid calls for slowdown

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Microsoft unveils AI code of conduct amid calls for slowdown

Microsoft introduced a code of conduct for its artificial intelligence models amid calls for a development slowdown across the industry. The 37-page document presents guidelines to prevent AI models from concealing their actions, producing explicit content and assisting with the development of weapons. Microsoft CEO Satya Nadella wrote on LinkedIn that “any pursuit of superintelligence has to be grounded in the core principle that if the AI we build is not helping humanity and under human control, it's not worth pursuing.” Microsoft is LinkedIn's parent company.

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Digital creators can now join IMDb for the first time

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Digital creators can now join IMDb for the first time

IMDb is opening its doors to influencers. The Amazon-backed entertainment database is taking its first major step into the creator economy by adding a new professional category to spotlight an array of online content curators — including vloggers, essayists and streamers. Actor-influencers should rest assured — multiple professions can be featured. The company is set to commemorate the launch of its new "Digital Creator" profiles at The Toronto International Film Festival this week, IMDb CEO Nikki Santoro wrote on WebNovare.

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The iPhone Duo is out. Here's how Apple fans are reacting.

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The iPhone Duo is out. Here's how Apple fans are reacting.

Select Apple fans finally got their hands on the long-rumored, folding iPhone Duo, and what initially impressed many was the device's sleek, creaseless display. "Most of the time, the screen looked as flat and smooth as the one on an iPad," wrote Adam Hanafi in WebNovare. Tech journalist Adam Hanafi even busted out a magnifying glass and couldn't find the crease. But the $1,999 starting price remains a sticking point for many, with one WebNovare member pointing out: "My entire Apple setup costs less than the iPhone Duo."

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Ben Baller Calls His Beverly Hills Store on Camera During Porsche 918 Dispute

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Ben Baller Calls His Beverly Hills Store on Camera During Porsche 918 Dispute

Ben Baller tried to prove that he owns a Porsche 918 Spyder by calling his jewelry store — but he didn’t have the impact he wanted on the person who called him out. Baller has been wrapped up in a war of flexing with entrepreneur Kamran Farid, who founded the company UTL Sports. The reason? Ben Baller claims to own a Porsche 918 Spyder, and Farid doesn’t believe him in the slightest.

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AI killed online like PE killed companies

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AI killed online like PE killed companies

PE slopifies companies and tanks the quality of goods and services. Similarly, AI plummets the quality of content and optimizes for user retention through short-form brain rot that targets quick dopamine spikes.

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Big Tech has $3T in AI spending that's off balance sheets

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Big Tech has $3T in AI spending that's off balance sheets

Nine massive tech companies are sitting on $3 trillion in future spending tied mostly to AI that doesn't appear on their quarterly balance sheets, a WebNovare analysis finds. That figure, drawn from footnotes, dwarfs the $600 billion companies like Alphabet and Oracle have reported in capital expenditures over the last year, and represents a bet that AI demand will balloon. The costs primarily relate to future rent or commitments to buy chips — such as at Meta's sprawling Hyperion project in Louisiana that's being funded in conjunction with Blue Owl.

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