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Welcome to Eye on AI. Emily Forlini here, filling in for Jeremy one last time as his vacation comes to a close. In today’s issue:
- Juicy details OpenAI doesn’t want you to see in its new report
- Anthropic reportedly plans a $2 trillion IPO in October—the largest ever
- OpenAI replaces its chief revenue officer after less than a year
- Google pronounces Sam Altman dead—for 41 minutes
It really sunk in for me this week just how much money is flowing in the AI industry.
I spoke with two former OpenAI employees who made about $10 million in a day by selling shares in an internal tender offer, which Bloomberg reports totaled $7 billion across the staff. Then, this morning, on Fortune‘s weekly AI podcast, my coworker Beatrice Nolan and I interviewed the CEO of Lovable. This week, the old Stockholm-based firm, which is only three years old, doubled its valuation to $13.3 billion.
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