OpenAI two lines of battle, Rewire News

OpenAI, while defending the integrity of the mission in court, considers prosecuting Apple not giving ChatGPT enough space. Cerebras' first-day market was close to hundreds of millions, and the traditional car company Ford grew by 20 per cent two days on the AI electricity concept。

1% OpenAI to consider legal action against apples, from exclusive to exclusive

OpenAI has engaged outside counsel to assess the legal options for apples. The core dispute is not technology, but distribution: ChatGPT's integration in iPhone is much less than OpenAI's expected user touch. Apple signed up with Google in January to turn Apple Intelligence, ChatGPT from exclusive partner to alternative。

9to5Mac previously reported that internal apple tests showed that Siri called ChatGPT less than 5 per cent of the total request, and most queries were intercepted by Apple Intelligence. OpenAI ' s grievances were specific, providing modelling capabilities, and apples took the user entrance and opened it to competitors. It's not a simple business dispute, it's the first positive conflict between AI's distribution rights at the end. When model capabilities converge, whoever controls the call entrance controls the distribution of commercial values。

(Source: FT / Bloomberg / Reuters / TechCrunch / 9to5 Mac)

2 |OpenAI, closing arguments

In his closing arguments, lawyer Mask concentrated on the good faith record of the attack on Altman, citing the testimony of three former colleagues, Sutskever, Murati and Toner, in an attempt to prove that OpenAI had systematically violated its non-profit mission. The central question for the jury to judge was whether the transition of OpenAI from a non-profit to a profit-making entity constituted fraud against the early financier, including Mask。

Mask himself is not in court. He was attending the China-United States summit in Beijing with Trump, and counsel apologized to the jury for that. The Washington Post trial records show that the Altman defense strategy is to characterize the Musker suit as a “failable revenge”, emphasizing that Masker did not begin to oppose profit transformation until he left OpenAI. This decision will have a direct impact on the legal precedent of the not-for-profit conversion of AI companies, which is seen throughout the industry。

(Source: Axios / Al Jazeera / TechCrunch / WaPo)

3 |Cerebras first day, 68%, market value approaching $95 billion

Cerebras IPO distribution price is $185, opening goes to $350 and closing $311, an increase of 68 per cent. Raised $5.55 billion, over-subscribed 20 times, one of the largest technology IPOs this year. The market value expanded from $56.4 billion at the time of issuance to about $95 billion。

This valuation is based on a key contract: the over $20 billion cloud computing agreement signed with OpenAI in January this year. Cerebras' crystal circle chip (WSE-3) follows a completely different route from that of Weeda, replacing the GPU cluster with a single giant chip. The first day showed that the market was paying a premium for an alternative to Weida. Yesterday, Cerebras IPO was valued at $5.64 billion, nearly doubling in 24 hours, and capital is more eager than expected to diversify the algorithm of AI. (Continuing yesterday's coverage)

(Source: Fortune / Bloomberg / TechCrunch / CNBC / Venture Beat)

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Ford established a subsidiary, Ford Energy, to invest $2 billion in upgrading the Kentucky plant to produce energy storage batteries for data centres and utilities markets. Morgan Stanley gave a rating of $10 billion in AI energy opportunities, and Ford's stock price increased by 20 per cent in two days. A traditional car company gained a market response at the level of a technology unit because of its exposure to the "AI power" concept, indicating the extent of capital hunger upstream of the AI infrastructure。

The other side of the story is the social resistance to the expansion of data centres. Tom's Hardware survey shows that 70 percent of Americans are against building data centres near homes, even more than nuclear power. At the same time, Meta's $10 billion data centre in Louisiana received $3.3 billion in tax relief, which Fortune pointed out exceeded the state's full police budget for seven years. At least 36 states are offering similar benefits. Public antipathy and government subsidies are accelerating simultaneously, and AI infrastructure is creating a new social tension。

(Source: CNBC / Bloomberg / FT / Morgan Stanley / Tom's Hardware / Fortune)

5-Fed Commissioner Milan resigned, Warsh Reform Channel opened

The seven-member board of directors is fully staffed and Miran ' s resignation is an essential procedure for Warsh to take up his duties. The Brooks analysis points out that this is an institutional necessity, but the timing is a matter of concern: resignations take place at 6% of PPI data fermentation and the start of the debt market to price the Fed behind the inflation curve。

The market is digesting two layers of information. In the short term, PPI data are expected to increase interest rates, with the probability of lowering interest rates postponed from June to the end of the year. In the medium term, Warsh is known for his hawk stance, and his entry may speed up the Federal Reserve policy shift. The bond traders are already betting on the "federal reserve lags behind the curve" narrative. For the encrypted market, Bitcoin has just returned from the PPI shock to the top of $82,000, and the interest rate path uncertainty after Warsh took office is one layer higher。

(Source: CNBC / Bloomberg / Fortune / Brookings)

And it's worth knowing, Zoo

Microsoft began to cancel the internal Claude Code license, requesting that it be relocated to Copilo CLI by 30 June. Claude Code has been very popular within Microsoft for the past six months, and the first team of Express + Services has been affected. It is no surprise that Microsoft replaced the competition with its own developer tool, and it is surprising that the Anthropic tool has been in Microsoft for so long. (Source: The Verge)

Anthropic signed a partnership with the Gates Foundation of $200 million for four years covering global health, education, agriculture. Anthropic provides technical and API levels of funding and project design. This is one of the largest collaborations between AI and non-profit organizations and a step towards creating a narrative of social influence beyond commercialization. (Source: Reuters / Gates Foundation)

Meta employees posted leaflets in various offices protesting the mouse tracking software ATA. The system tracks keyboard and mouse activities for training AI agents, and British employees have initiated trade union campaigns. On May 20th, Meta will reduce its staff by 10% and its staff will face double pressure from surveillance and layoffs. (Source: Wired)

OpenAI confirmed that it was attacked by TanStack supply chain and that the attackers had invaded two employee equipment through the npm package. User data are not affected, but the MacOS signature certificate is exposed and the desktop application must be updated by 12 June. BlepingComputer points out that Mistral AI has been subjected to similar attacks and that the AI tool supply chain is becoming a new front. (Source: TechCrunch / OpenAI / BleingComputer)

The United States authorized 10 home purchases of British H200 chips, up to 75,000 chips per household, but delivered zero. Ali, Tate, byte beat, etc. received a Beijing signal suspension order after approval. One of the core tasks of Wong In-hoon's visit to China with Trump was to break the H200 deadlock. Licences to export chips have been issued and supply chains are stuck in political games. (Source: The Information / CNBC / Reuters)

Clarity Act is supported by some Democrats through the Senate Banking Commission. Bitcoin broke $82,000, but the conflict of interest of the Trump encryption empire remained an obstacle to a final vote. The same day, the CME announced the launch of the Nasdaq CME encryption index futures, which came online on 8 June. (Source: CoinDesk / Barron's / Banks) (continue yesterday)