AI news5
Anthropic confidentially files for a US IPO, edging ahead of OpenAI
Anthropic filed a confidential draft S-1 with the SEC on 1 June, becoming the first frontier AI lab to formally start the listing process. The filing lands less than a week after a $65 billion Series H round that pushed its valuation to $965 billion. Anthropic says its revenue run-rate has passed $47 billion, up from $9 billion at the end of 2025. Share count and pricing are not set yet and will depend on market conditions.
techcrunch.com ↗Why it matters
An Anthropic listing near a trillion-dollar valuation would be the first real public-market test of a pure-play frontier lab, setting the template every rival IPO follows.
Florida becomes the first state to sue OpenAI and Sam Altman over ChatGPT safety
Florida Attorney General James Uthmeier filed suit on 1 June, accusing OpenAI of marketing ChatGPT while concealing internal safety warnings. The complaint lists counts including deceptive trade practices, negligence, product liability, fraudulent misrepresentation and public nuisance, and seeks personal liability against Altman. It references two Florida mass-shooting cases in which the accused had allegedly discussed their plans with ChatGPT.
nbcnews.com ↗Why it matters
This is the first state-level product-liability test of a consumer AI chatbot, and a loss could force safety-by-design obligations across the whole sector.
GitHub Copilot moves to token-based billing, and developers revolt
From 1 June, GitHub Copilot bills by tokens consumed rather than a flat per-request subscription. Developers on Reddit and X reported sharp jumps, with one claiming a move from about $29 a month to nearly $750. Opinion split: some say large bills reflect undisciplined "vibe-coding," others argue Microsoft encouraged liberal use and is now changing the terms.
techcrunch.com ↗Why it matters
Usage-based pricing exposes the real cost of AI coding assistants and will reshape how teams budget for and govern AI tooling.
Groq raises up to $650m after Nvidia stripped out its top engineers
AI chip startup Groq is raising up to $650 million from existing backers, months after a roughly $20 billion Nvidia licensing deal that saw much of its senior team depart. Existing investors Disruptive and Infinitum are backstopping the round. The new "Groq 2.0," led by company veterans Adam Winter and Matt Eng, is pivoting from hardware toward an AI inference cloud business.
techcrunch.com ↗Why it matters
It shows how aggressively incumbents like Nvidia can hollow out promising challengers, and how hard it is to compete on AI silicon.
DuckDuckGo's "no-AI" search traffic booms as Google leans into AI overviews
DuckDuckGo says visits to its no-AI search page (noai.duckduckgo.com) ran about 84% above baseline in late May, with US iOS app installs peaking near 70% week-on-week growth. The surge followed Google's move to favour AI-generated overviews over traditional links. DuckDuckGo has launched Chrome and Firefox extensions that let users set the no-AI experience as their default.
techcrunch.com ↗Why it matters
It is the clearest signal yet of a real user backlash against forced AI in everyday tools, a counter-trend worth watching.
AI in the nonprofit sector1
Infoxchange and PwC Australia launch NFP Digital Futures to lift sector AI capability by 2030
Infoxchange and PwC Australia have launched NFP Digital Futures, a coordinated push to strengthen digital capability, responsible AI adoption and cyber security across the Australian not-for-profit sector through to 2030. It is co-designed with a coalition of more than 35 peak bodies, technology partners and funders, including Microsoft, the National AI Centre, the Paul Ramsay Foundation, the Ian Potter Foundation and the Gandel Foundation. The goal is to replace fragmented, one-off tech investments with shared, scalable platforms the whole sector can use.
pwc.com.au ↗Why it matters
It is the most coordinated attempt yet to close the AI capability gap for Australian nonprofits, the exact gap that leaves under-resourced organisations behind.