OpenAI, Pentagon AI deals and Apple lawsuit settlement headline the week in tech
Summary
This week in technology was dominated by significant developments in artificial intelligence and corporate strategy. Apple agreed to pay iPhone users up to $95 each to settle a class-action lawsuit alleging that marketing for its AI features overstated their capabilities. Separately, the Pentagon expanded its AI partnerships with major tech firms, including Microsoft, Google, and OpenAI, to accelerate the integration of AI into defense operations. In the private sector, OpenAI launched a faster ChatGPT model, GPT-5.5 Instant, which the company claims reduces hallucinations and improves reasoning. The week also saw tech companies like Coinbase and Cloudflare announce workforce reductions as they adjust to market pressures. Additionally, the U.S. government secured agreements with Microsoft, Google, and xAI to evaluate advanced AI models for national security risks, while Anthropic declined a similar request. IPO activity was active, with six companies going public or scheduled to go public during the week.
(Source:Complete Ai Training)