A proposal suggests that the public should own 50% of major AI companies to ensure equitable access and benefits. This ownership model aims to address concerns about wealth concentration and ethical implications in AI development.

Former CEO Puthugramam Chidambaran and ex-CFO Sayyed Farhan Ali Naqvi of iLearningEngines have been indicted on charges of fraud for allegedly fabricating customer relationships and revenue. The company, which specialized in AI-driven business automation technology, is now bankrupt.

OpenAI has removed the word "safely" from its mission statement, which previously emphasized building AI that benefits humanity without the need for financial returns. The change reflects a shift in focus that may prioritize shareholder interests over societal benefits.

Pinterest CEO Bill Ready fired employees who developed an internal tool to track layoffs, labeling their actions as "obstructionist." The company announced plans to lay off less than 15% of its workforce and reduce office space.