Tuesday, May 26, 2026
Meta cuts 10% of workforce (8,000 jobs) while redirecting 7,000 staff into AI roles and committing $125-145B in 2026 capex. Largest job cuts since 2022 'Year of Efficiency'.
Anthropic reportedly closes one of the largest AI funding rounds ever and achieves first-ever quarterly profitability, signalling investors see it as durable long-term platform.
OpenAI is preparing for an IPO, which will put the most famous AI lab under public-market expectations around growth, governance and pricing.
Google tightening AI integration across Search, Workspace and Cloud, moving from "we have models" to "we are your AI operating environment".
Google investing up to $40 billion in Anthropic in the largest single financial commitment to an AI startup outside Microsoft's OpenAI partnership.