OpenAI has revealed that its annualised revenue has surged to $10 billion as of June 2025, nearly doubling since December 2024, when it stood at $5.5 billion.
The rapid growth is driven by the widespread adoption of its ChatGPT AI models across consumer and business markets, putting the company on course to meet its earlier goal of $12.7 billion in revenue for the whole year.
The $10 billion figure excludes licensing income from Microsoft, a major investor, and some large one-off contracts, according to an OpenAI spokesperson. Despite recording a loss of about $5 billion last year, OpenAI’s impressive revenue scale places it well ahead of many rivals benefiting from the AI boom.
Other players in the AI space are also seeing strong growth. For instance, Anthropic recently surpassed $3 billion in annualised revenue, driven by startup demand using its code-generation models. Meanwhile, OpenAI plans to raise up to $40 billion in new funding, valuing the company at $300 billion.
Since launching ChatGPT over two years ago, OpenAI has expanded its offerings with various subscription plans and services. The company reported 500 million weekly active users as of March 2025, underscoring its dominant position in the AI market.
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TikTok has announced plans to expand its UK operations significantly, adding over 500 new jobs and investing in a significant new office in London.
Despite ongoing scrutiny from Western governments over data security and alleged ties to the Chinese state, TikTok insists it invests heavily in trust and safety.
The company already employs 2,500 people in the country and will bring its UK workforce to 3,000 by the end of 2025.
The announcement coincides with London Tech Week, where Prime Minister Keir Starmer welcomed major global tech firms to showcase innovation and economic commitment.
TikTok’s UK director, Adam Presser, described the country as the platform’s largest user community in Europe, with over 30 million monthly users.
He emphasised that the company’s growth strategy includes commitments to digital safety and economic support for local creators and entrepreneurs.
Company leaders have reiterated that they aim to create a secure space while supporting the broader economy through innovation and job creation.
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XRobotics, a San Francisco-based startup, is gaining traction in the food tech sector with its compact pizza-making robot, the xPizza Cube. Roughly the size of a washing machine, the machine uses AI to apply sauce, cheese and toppings, producing up to 100 pizzas per hour.
At $1,300 monthly on a three-year lease, it’s designed to fit seamlessly into existing kitchens and support, not replace, staff. Unlike failed predecessors such as Zume, XRobotics has found success by offering assistive rather than disruptive technology.
Their initial, larger model proved impractical, but the current compact version, launched in 2023, now produces 25,000 pizzas each month across an undisclosed number of customer locations. Both small pizzerias and large chains use the robot to cut labour time and improve consistency.
With over 73,000 pizza outlets in the US, XRobotics plans to stay focused on pizza for now. Its founders, self-professed pizza lovers, say customer response has confirmed that a well-targeted tool can significantly impact even the most traditional kitchens.
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As millions of high school students across China began the rigorous ‘gaokao’ college entrance exam, the country’s leading tech companies took unprecedented action by disabling AI features on their popular platforms.
Apps from Tencent, ByteDance, and Moonshot AI temporarily blocked functionalities like photo recognition and real-time question answering. This move aimed to prevent students from using AI chatbots to cheat during the critical national examination, which largely dictates university admissions in China.
This year, approximately 13.4 million students are participating in the ‘gaokao,’ a multi-day test that serves as a pivotal determinant for social mobility, particularly for those from rural or lower-income backgrounds.
The immense pressure associated with the exam has historically fueled intense test preparation. However, screenshots circulating on Chinese social media app Rednote confirmed that AI chatbots like Tencent’s YuanBao, ByteDance’s Doubao, and Moonshot AI’s Kimi displayed messages indicating the temporary closure of exam-relevant features to ensure fairness.
China’s ‘gaokao’ exam highlights a balanced approach to AI: promoting its education from a young age, with compulsory instruction in Beijing schools this autumn, while firmly asserting it’s for learning, not cheating. Regulators draw a clear line, reinforcing that AI aids development, but never compromises academic integrity.
This coordinated action by major tech firms reinforces the message that AI has no place in the examination hall, despite China’s broader push to cultivate an AI-literate generation.
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Apple has unveiled a range of AI features at its annual Worldwide Developers Conference, focusing on tighter privacy, enhanced user tools and broader integration with OpenAI’s ChatGPT. These updates will appear across iOS 26, iPadOS 26, macOS 26 and visionOS 26, set to launch in autumn.
While Apple Intelligence was first teased last year, the company now allows third-party developers to access its on-device AI models for the first time.
CEO Tim Cook and software chief Craig Federighi outlined how these features are intended to offer more personalised, efficient apps. Users of newer iPhones will benefit from tools such as live translation in Messages and FaceTime, and AI-powered image analysis via Visual Intelligence.
Apple also enables users to blend emojis creatively and use ChatGPT through its Image Playground to stylise photos. Enhancements to the Wallet app will help summarise order tracking from emails, and AI-generated voices will offer fitness updates.
Despite these innovations, Apple’s redesign of Siri remains incomplete and is not expected to launch soon.
The event failed to deliver major surprises, as many details had already been leaked. Investors responded cautiously, sending Apple shares down by 1.2%. The firm has lost 20% of its value in the year and no longer holds the top spot as the world’s most valuable company.
Nonetheless, Apple is expected to reveal more AI advancements in 2026.
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Amazon has announced a massive $20 billion investment to build two new AI-focused data centres in Pennsylvania. The exact locations are yet to be finalised, but Salem Township and Falls Township are currently leading candidates.
The move signals Amazon’s ongoing commitment to expanding its AI infrastructure amid an increasingly competitive technology race.
Alongside the data centres, Amazon has pledged to support education and workforce development across the state. Collaborations with local institutions will bring programmes for data centre technicians, fibre optic workshops and STEM learning initiatives aimed at school-aged children.
These efforts are intended to prepare the future workforce for careers in AI and cloud computing infrastructure.
The investment is part of Amazon’s broader strategy to establish the US as a global AI leader. The company highlighted that its advanced computing infrastructure and AI hardware are designed to power the next generation of generative and agentic AI, defining digital innovation’s future.
Meanwhile, Meta, OpenAI, and Microsoft are also scaling AI operations, and crypto mining firms like Riot Platforms and Hive Digital are shifting part of their infrastructure towards high-performance computing for AI, reflecting a wider industry transformation.
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Plans for a vast AI data hub in the UAE have raised security concerns in Washington due to the country’s close ties with China.
The $100 billion Stargate UAE campus, aims to deploy advanced US chips, but US officials are scrutinising potential technology leakage risks.
Although the Trump administration supports the project, bipartisan fears remain about whether the UAE can safeguard US-developed AI and chips from foreign adversaries.
A final agreement has not been reached as both sides negotiate export conditions, with possible restrictions on Nvidia’s hardware.
The initial phase of the Stargate project will activate 200 megawatts of capacity by 2026, but the deal’s future may depend on the UAE’s willingness to accept strict US oversight.
Talks over potential amendments continue, delaying approval of what could become a $500 billion venture.
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Researchers at the Hong Kong University of Science and Technology have unveiled a pioneering AI model called MOME for non-invasive breast cancer diagnosis.
Using China’s largest multiparametric MRI breast cancer dataset, MOME performs at a level comparable to seasoned radiologists and is currently undergoing clinical trials in more than ten hospitals.
Among the institutions participating in the validation phase are Shenzhen People’s Hospital, Guangzhou First Municipal People’s Hospital, and Yunnan Cancer Center. Early results show that MOME excels in predicting response to pre-surgical chemotherapy.
The development highlights the region’s growing capabilities in medtech innovation and could reshape diagnostic strategies for breast cancer across Asia. MOME’s clinical success may also pave the way for similar AI-led models in oncology.
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Samsung Electronics is testing a new open-source AI coding assistant called Cline, which is expected to be adopted by its Device eXperience (DX) division as early as next month, according to Yonhap News Agency.
Cline leverages Claude 3.7 Sonnet’s advanced agentic coding capabilities to autonomously handle complex software development tasks. The goal is to significantly boost developer productivity across Samsung’s mobile and home appliance units, which are both part of the DX division.
The move aligns with Samsung’s broader AI for All strategy. Last month, the company created a dedicated AI productivity innovation group within the DX division.
This follows the establishment of an AI centre within its chip business in December 2024, further underscoring the tech giant’s commitment to embedding AI across its operations.
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Google CEO Sundar Pichai has said AI is not a threat to human jobs—particularly in engineering—but rather a tool to make work more creative and efficient.
In a recent interview with Lex Fridman, Pichai explained that AI is already powering productivity across Google, contributing to 30% of code generation and improving overall engineering velocity by around 10%.
Far from cutting staff, Pichai confirmed Google plans to hire more engineers in 2025, arguing that AI expands possibilities rather than reducing demand.
‘The opportunity space of what we can do is expanding too,’ he said. ‘It makes coding more fun and frees you up for creativity, problem-solving, and brainstorming.’
Rather than replacing jobs, Pichai sees AI as a companion—handling repetitive tasks and enabling engineers to focus on innovation. He believes this shift will also democratise software development, empowering more people to build and create with code.
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