AI News Archive: May 20, 2026 — Part 27
Sourced from 500+ daily AI sources, scored by relevance.
- Alibaba unveils new AI chip as Nvidia access remains stalled
Tech giant Alibaba released on Wednesday a new artificial intelligence chip it said performed three times as well as its predecessor, showcasing growing domestic chipmaker prowess as US titan Nvidia struggles for access to China.
- Alibaba Unveils New AI Chip As Nvidia Access Remains Stalled
Alibaba Unveils New AI Chip As Nvidia Access Remains Stalled Barron's
- Alibaba releases AI chip for training, inference
It said T-Head has shipped 560,000 Zhenwu chips to more than 400 external customers, including China Unicom.
- Alibaba Aims for Independence with New AI Chips, Model
The chip highlights the vendor’s move toward a full-stack AI strategy and its efforts to wean itself off Nvidia AI chips.
- Alibaba unveils new Qwen model, custom chips in bid to become China’s ‘AI factory’
Alibaba Group Holding unveiled a sweeping suite of new artificial intelligence products spanning models, cloud infrastructure and chips on Wednesday, positioning itself to become China’s “AI factory” as autonomous agents gain prominence. Speaking at the Alibaba Cloud Summit in Hangzhou, Liu Weiguang, senior vice-president of Alibaba’s cloud computing unit, framed AI as a new form of manufacturing that generates revenue through “training and inference factories”. “What we’re building is China’s...
- The 5 Google I/O Announcements That Actually Matter
AI was front and center in nearly every announcement at Google I/O, but some features are more useful than others.
- Nvidia posts record revenue as AI chip demand surges
The chipmaker reported $81.6 billion in first-quarter sales and raised its quarterly dividend to 25 cents from 1 cent
- China's Alibaba unveils new AI chip, LLM in push for domestic alternatives
Alibaba introduced the Zhenwu M890 AI processor and a new server platform as Chinese firms ramp up development of domestic AI computing infrastructure
- Alibaba reveals more powerful Zhenwu AI chip, new LLM
Alibaba announced updates to its AI offerings, including a more powerful chip and a new large language model.
- Alibaba unveils new AI chip in push for domestic alternatives
Alibaba unveils new AI chip in push for domestic alternatives Reuters
- The AI bots are coming, and the young are booing, not applauding
The AI bots are coming, and the young are booing, not applauding
- The AI bots are coming and the young are booing, not applauding
TECH-AI/GEN Z (GRAPHIC, PIX):The AI bots are coming and the young are booing, not applauding
- AI will ‘destroy and create jobs,’ says HSBC boss
The boss of Europe’s largest bank has warned that the growth of AI will both “destroy” and “create” new jobs as the banking industry continues to be reshaped in the face of new technology. Georges Elhedery, chief executive of HSBC, warned that the bank’s staff must avoid “fighting us” as it unveiled its latest AI [...]
- AI layoffs: Artificial Intelligence will destroy certain jobs, says HSBC CEO, urges staff to ‘not resist the change’
Amid AI job cuts, HSBC's CEO Georges Elhedery encouraged staff to adapt and not resist technological changes. The bank may cut 20,000 roles, focusing on non-client-facing positions, while AI advancements are reshaping the workforce across the banking sector.
- Don't fight AI, HSBC CEO tells staff as banks begin job cuts
Don't fight AI, HSBC CEO tells staff as banks begin job cuts Reuters
- Anthropic set to hit $10.9 billion in revenue during second quarter, source says
If Anthropic hits the revenue target, it will post its first profitable quarter, a source told CNBC
- Anthropic on Pace for First Profitable Quarter as Revenue Surges
Anthropic PBC is on pace for its first profitable quarter after experiencing a surge in revenue driven by demand for its artificial intelligence software.
- OpenAI Faces IPO Unknowns Even After Victory Over Musk
The ChatGPT maker is pushing ahead with a public offering after a judge dismissed Musk’s case against it
- Buckle up: Google is set to remake search with agentic AI in 2026
Google's AI search evolution is accelerating at I/O 2026.
- Google I/O 2026: Google Revamps Search Experience With AI Agents, Multi-Modal Queries
Google I/O 2026 was held at the Shoreline Amphitheatre in California on Tuesday. During the keynote of the annual developer conference, the tech giant announced a major overhaul of its Search experience, calling it the biggest change to the Search box in over 25 years. Among the most notable changes is the new intelligent Search box, built on Gemini 3.5 Flash. The rev...
- OpenAI commits $300m to boost AI skills, offer tools and solutions for businesses in Singapore
OpenAI commits $300m to boost AI skills, offer tools and solutions for businesses in Singapore The Straits Times
- Intuit to lay off over 3,000 employees to refocus on AI
In a memo to employees, CEO Sasan Goodarzi said the layoffs are meant to reduce complexity, simplify the company's corporate structure, and deliver better AI products.
- Daily Digest: OpenAI could file for IPO this week, Airbnb expands beyond short-term rentals
Meanwhile, East Bay buyers in April remained active even though they had fewer homes to choose from compared with last year.
- ChatGPT Creator OpenAI Could Go Public Soon in Major Market Move
OpenAI is reportedly planning to become a publicly traded company as soon as September.
- OpenAI IPO Filing Could Come 'Very Soon:' Report
An OpenAI IPO filing could come later this week as the ChatGPT parent works with bankers, according to a new report. The post OpenAI IPO Filing Could Come 'Very Soon:' Report appeared first on Investor's Business Daily .
- OpenAI IPO Filing May Come as Soon as Friday
OpenAI IPO Filing May Come as Soon as Friday Barron's
- OpenAI may be days away from filing IPO paperwork, report says
OpenAI may be days away from filing IPO paperwork, report says San Francisco Chronicle
- Mega IPOs on the way: SpaceX releases filing as OpenAI reportedly prepares for September listing
SpaceX Corp. today published the filing for its upcoming initial public offering. The move came against the backdrop of reports that OpenAI Group PBC could submit the paperwork for its own IPO to regulators as early as Friday. According to the Wall Street Journal, the company may go public in September. But the paper’s sources […] The post Mega IPOs on the way: SpaceX releases filing as OpenAI reportedly prepares for September listing appeared first on SiliconANGLE .
- OpenAI’s IPO Filing Might Be Just Days Away: Report
With its trial wrapped up, the company behind ChatGPT is ready to let things rip.
- OpenAI IPO will happen ASAP, say insiders
A Wall Street Journal report says ChatGPT maker OpenAI is preparing its Initial Public Offering (IPO) for fall 2026.
- Sam Altman Says OpenAI Will Exchange This Critical AI Asset for Startup Equity
The offer is an investment in ‘tokenmaxxing startups,’ Altman wrote.
- OpenAI Is Reportedly Prepping to File for an IPO. Here’s Why Sam Altman Says It Could Be ‘Really Annoying’
OpenAI could be going public in the next few months, but Altman seems ambivalent about the change in structure.
- OpenAI preparing to file for IPO in coming weeks
ChatGPT maker plans to file for offering at valuation of up to $1-trillion as early as September, sources say
- ChatGPT maker OpenAI preparing to file for listing in coming weeks
ChatGPT maker OpenAI preparing to file for listing in coming weeks The Straits Times