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Who’s really running AI? Inside the billion-dollar battle over regulation with Alex Bores

Who’s really running AI? Inside the billion-dollar battle over regulation with Alex Bores

The Pentagon isplaying chicken with Anthropicover who gets to control how the military uses AI while communities across the country areblocking data center construction. As the AI debate has been flattened to “doomers versus boomers,” one state legislator is attempting to walk a middle road. On this episode of TechCrunch’sEquitypodcast, Rebecca Bellan sits down with Alex Bores, a New York State Assemblymember and candidate for U.S. Congress. Bores sponsored New York’s first-of-its-kind AI safety lawthe RAISE Act— and quickly became the target of aSilicon Valley lobbying group with $125 million to spendon attack ads. Listen to the full episode to hear about: Subscribe to Equity onYouTube,Apple Podcasts,Overcast,Spotifyand all the casts. You also can follow Equity onXandThreads, at @EquityPod.

6 months ago

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ChatGPT reaches 900M weekly active users

ChatGPT reaches 900M weekly active users

ChatGPT has reached 900 million weekly active users, OpenAIannouncedFriday, putting the AI chatbot within striking distance of 1 billion. OpenAI also shared that it now has 50 million paying subscribers. “Subscriber momentum accelerated meaningfully to start the year, with January and February on track to be the largest months for new subscribers in our history,” the company wrote in a blog post. “People use ChatGPT to learn, write, plan, and build. As usage scales, the product improves in ways people feel immediately: faster responses, higher reliability, stronger safety, and more consistent performance.” The new weekly active user figure marks a jump of 100 million users from the800 millionthat OpenAI reported in October 2025. OpenAI shared the new numbers as part of its announcement that it hasraised $110 billionin private funding, marking one of the largest private funding rounds in history. The new funding includes a $50 billion investment from Amazon, along with $30 billion each from Nvidia and SoftBank, at a $730 billion pre-money valuation. The round remains open, and the company expects more investors to join.

6 months ago

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OpenAI raises $110B in one of the largest private funding rounds in history

OpenAI raises $110B in one of the largest private funding rounds in history

OpenAI has raised $110 billion in private funding, the companyannounced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion pre-money valuation. Notably, the round remains open, and OpenAI expects more investors to join as it proceeds. “We are entering a new phase where frontier AI moves from research into daily use at global scale,” OpenAI said. “Leadership will be defined by who can scale infrastructure fast enough to meet demand, and turn that capacity into products people rely on.” As part of the investment, OpenAI is launching significant infrastructure partnerships with both Amazon and Nvidia. As in previous rounds, it is likely that a significant portion of the dollar amount comes in the form of services rather than cash, although the precise split was not disclosed. The company’s previous round closed in March 2025, raising $40 billion against a $300 billion valuation. At the time, it wasthe largest private funding round on record. As part of itsAmazon partnership, OpenAI plans to develop a new “stateful runtime environment” where OpenAI models will run onAmazon’s Bedrock platform. The company will also expand itspreviously announced AWS partnership, which committed $38 billion in compute services, by $100 billion. OpenAI has committed to consuming at least 2GW of AWS Tranium compute as part of the deal, and also plans to build custom models to support Amazon consumer products. “We have lots of developers and companies eager to run services powered by OpenAI models on AWS,” said Amazon CEO Andy Jassy in a statement, “and our unique collaboration with OpenAI to provide stateful runtime environments will change what’s possible for customers building AI apps and agents.” The Information hadpreviously reportedthat $35 billion of Amazon’s investment could be contingent on the company either achieving AGI or making its IPO by the end of the year. OpenAI’s announcement confirms the funding split, but says only that the additional $35 billion will arrive “in the coming months when certain conditions are met.” OpenAI gave fewer details on the Nvidia partnership, but said it had committed to using “3GW of dedicated inference capacity and 2GW of training on Vera Rubin systems” as part of the deal. Nvidia’s participation in the round has been the subject of intense speculation, particularly as reports of a $100 billion investment in September gave way to reports of a smaller investment in the months that followed. In January,Huang dismissed the idea that Nvidia was backing away from OpenAI, saying, “we will invest a great deal of money. I believe in OpenAI. The work that they do is incredible.”

6 months ago

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Last 24 hours to get TechCrunch Disrupt 2026 tickets at the lowest rates of the year

Last 24 hours to get TechCrunch Disrupt 2026 tickets at the lowest rates of the year

Today is it! When the clock hits11:59 p.m. PT, the lowest ticket rates of the year forTechCrunch Disrupt 2026go up. No extensions. No second chances. The same access will cost more tomorrow. If you’re planning to attend, this is your final window to lock inup to $680 off your passorup to 30% off group passes. After tonight, this year’s biggest savings disappear.Register now. If you’re raising capital, hiring top talent, launching your startup, or hunting for your next portfolio company, missing Disrupt from October 13–15 at San Francisco’s Moscone West isn’t just inconvenient. It’s a missed opportunity to move ahead while others hesitate. Here’s what you gain when you attend: Founder Pass: Get the insights, tools, and investor access you need to scale.Investor Pass: Discover breakout startups and expand your portfolio with curated matchmaking. Disrupthas long been a stage for founders and investors who define eras. The voices you’ll hear are candid, tactical, and often unfiltered. The 2026 agenda drops soon. Keep an eye on theevent site. Previous speakers have included leaders of industry-defining startups and top-tier venture firms, including: Tonight at 11:59 p.m. PT, the lowest ticket rates of the year to TechCrunch Disrupt 2026 are gone. After today, you pay more. Register now. Lock in up to $680 in savings. Or bring your team and save up to 30% withcommunity passesof four or more.

6 months ago

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AVGC-XR Sector Can Create 20 Lakh Jobs in Karnataka: CM Siddaramaiah

AVGC-XR Sector Can Create 20 Lakh Jobs in Karnataka: CM Siddaramaiah

At the 7th Bengaluru GAFX, CM Siddaramaiah talked about implementing the AVGC-XR policy and roadmap to ethical AI.

6 months ago

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NTT DATA & Ericsson Partner to Scale Private 5G, Edge AI for Global Enterprises

NTT DATA & Ericsson Partner to Scale Private 5G, Edge AI for Global Enterprises

NTT DATA will act as Ericsson’s global system integration and managed services provider.

6 months ago

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The Fall and Rise of MCP

The Fall and Rise of MCP

“No translation layer, no schema, no overhead. MCPs are genuinely a solution looking for a problem that CLIs solved 40 years ago.”

6 months ago

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AI’s Memory Crisis is Making Your Next Smartphone More Expensive

AI’s Memory Crisis is Making Your Next Smartphone More Expensive

Memory chip costs are expected to surge by 80% to 90% quarter-on-quarter during the first three months of this year alone.

6 months ago

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OpenAI Secures $110B from Amazon, NVIDIA, SoftBank at $730B Valuation

OpenAI Secures $110B from Amazon, NVIDIA, SoftBank at $730B Valuation

Microsoft said its partnership with OpenAI remains unchanged following OpenAI’s latest funding.

6 months ago

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Supabase Appeals to Ashwini Vaishnaw After Access on Jio, Airtel, ACT Gets Blocked

Supabase Appeals to Ashwini Vaishnaw After Access on Jio, Airtel, ACT Gets Blocked

Supabase advised affected customers to report the issue to their internet service providers and to use an alternative DNS provider or a VPN as a temporary workaround.

6 months ago

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Govt Hardens Line on Social Media; Pushes Revenue Sharing, Strict Deepfake Curbs

Govt Hardens Line on Social Media; Pushes Revenue Sharing, Strict Deepfake Curbs

The Centre signals a tougher regulatory phase for social media platforms, demanding fair revenue sharing and stricter controls on AI misuse.

6 months ago

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Optimum Solutions & ABeam Consulting Launch India GCCs to Accelerate AI-Led Enterprise Transformation

Optimum Solutions & ABeam Consulting Launch India GCCs to Accelerate AI-Led Enterprise Transformation

The GCCs are expected to scale to 2,000 professionals by 2030.

6 months ago

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