Antonio Pequeño IV, Author at Forbes Australia

The CEO faces up to 20 years in prison for allegedly providing U.S. networking equipment to Iran, according to the Justice Department.

The company plans to sell about 555.6 million shares for $135 in the initial public offering.

OpenAI’s valuation reached $730 billion in March following a massive $122 billion funding round.

The subscriptions are being rolled out under the banner of “Meta One,” which incorporates paid subscriptions for the company’s apps and AI chatbot.

The space and AI company’s initial public offering could be valued as high as $2 trillion, which would be the biggest IPO ever.

Shares of the AI juggernaut are up nearly 20% in the last four weeks.

Anthropic has also expressed interest in partnering up with SpaceX on the development of AI data centers in space.

The document had been sealed for years and was allegedly found by Epstein’s former cellmate in a graphic novel.

Musk has accused Anthropic, another rival of xAI, of using stolen data to train its artificial intelligence models.

Meta plans to slash 8,000 jobs at the company, accounting for 10% of its workforce.