Hi everyone,
This is Denis! Below you’ll find a quick overview of what’s been happening in the AI industry since our last newsletter. I hope you find it interesting!
As always, I’ve kept it short and to the point so you can easily stay up to date with the most important AI news.
Main News
OpenAI Eyes a $1 Trillion IPO
OpenAIis reportedly preparing for a$1 trillion initial public offering, which would be thelargest tech debut since Alibaba’s $231B valuation in 2014.
Young Disruptors
Mercor’s 22-Year-Old Founders Become Billionaires
AI recruiting platform Mercor, which connects people with model-training jobs, is now valued at $10 billion, making its three 22-year-old founders the world’s youngest self-made billionaires.
This Week’s Unveiling
Adobe MAX 2025: Firefly 5 and More
At Adobe MAX 2025, Adobe unveiled Firefly Image Model 5, AI Assistants for Express & Photoshop, and Project Light Touch — weaving generative AI into every corner of the creative workflow.
In case you missed it
Pinterest Unveils AI Shopping Assistant
Pinterest launched a new AI shopping assistant that helps users find outfits through conversation, merging style inspiration with smart search.
That’s it for this Wednesday. Stay tuned ;)
