The 10 most important AI stories of April 29, 2026, hand-curated from the day's coverage. Every story links to its primary source.
Anthropic PBC has begun weighing a fresh funding round that would value the artificial intelligence developer at more than $900 billion, according to people familiar with the matter, potentially leapfrogging its longtime rival OpenAI as the world’s most valuable AI startup.
Blackstone Inc. is folding its growth business into a new West Coast-based division that will focus solely on the alternative investment giant’s artificial intelligence portfolio, which includes OpenAI and Anthropic PBC.
Elon Musk spent hours Wednesday telling a jury about his falling out with the other leaders of OpenAI over what he described as their desire to “get rich” off a project that was supposed to serve the public good.
Employees were unable to access company’s AI models as of a few weeks ago
Daniel Flax, Neuberger senior research analyst, discusses what the latest round of tech earnings could portend for AI companies like Apple, Broadcom and Nvidia on "Bloomberg The Close." (Source: Bloomberg)
OpenAI's generative AI models are becoming available on Amazon's cloud a day after the AI company revamped its relationship with longtime partner Microsoft.
Meta Platforms Inc. shares slid after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment it’s making to build artificial intelligence models won’t pay off. The social-media giant projected full-year capital expenditures between $125 billion and $145 billion, far exceeding analysts’ estimates and marking a roughly 7.4% increase from what the company had previously projected. Executives also cited higher component pricing and other cost pressure on the build-out.
The Pentagon's AI chief discussed the DOD's expanded use of Google Gemini after the blacklisting of Anthropic.
Microsoft Corp.'s cloud business reported growth that narrowly beat analysts' estimates, disappointing investors concerned that the company isn't fully capitalizing on demand for AI services.
GitHub issue on anthropics/claude-code: developer reports a $200 billing spike tied to HERMES.md / tooling behavior and a disputed refund path; thread drew heavy HN discussion (see issue for details).
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