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OpenAI’s $1T IPO Plan Meets Extropic’s 10,000x Energy-Efficient AI Hardware Breakthrough

AI Industry & Corporate Developments

OpenAI Prepares for $1 Trillion IPO (2026–2027): OpenAI is laying the groundwork for a historic IPO that could value the company at up to $1 trillion, aiming to raise over $60 billion. The move would provide CEO Sam Altman with substantial capital to accelerate AI development and expansion.

AI Hardware & Efficiency Innovations

Extropic AI Develops Thermodynamic Computing Hardware (10,000x Energy Efficiency): Extropic AI is building novel hardware that could achieve up to 10,000 times better energy efficiency than current GPU-based AI systems, addressing a critical bottleneck in AI deployment.

New AI Models & Releases

Qwen3-VL Now Available in Ollama for All Sizes: The Qwen3-VL vision-language model is now accessible locally via Ollama, enabling users to run text-and-image processing tasks across all model sizes.

NVIDIA Releases Open-Source Vision-Language Model (Nemotron Nano 12B V2 VL): Users report strong performance from NVIDIA’s new open-source VLM, which excels in document and vision AI tasks, offering robust multimodal capabilities.

Sora 2 Adds Character Cameos & Expands Regional Access: OpenAI’s Sora 2 now supports character cameos and is temporarily available in the US, Canada, Japan, and Korea, enhancing its creative and accessibility features.

AI Research & Technical Advancements

DeepSeek Improves AI Memory with OCR & Visual Compression: DeepSeek may have discovered a new method to enhance AI’s memory retention using OCR and visual compression, potentially boosting efficiency in information recall.

MiniMax Explains Choice of Full Attention Over Linear Attention: MiniMax’s pre-training lead details why the company opted for full attention models in MiniMax M2, citing limitations in linear attention for industrial-scale systems.

Authors Can Sue OpenAI for Copyright Infringement: A legal ruling permits authors like George R.R. Martin to sue OpenAI, as ChatGPT-generated content was deemed similar enough to "Game of Thrones" to violate copyright laws.