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Top stories today:
- ChatGPT set for “superapp” overhaul with coding tools, AI agents
- OpenAI, White House said to discuss government stake
- Google inks $30B cloud deal with Elon’s SpaceX for NVIDIA chips
- Apple set to unveil Siri, broader AI overhaul at WWDC
- Meta said to weigh multibillion-dollar equity raise for AI
- Trump signs memo to accelerate U.S. military AI adoption
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. ChatGPT set for “superapp” overhaul in coming weeks with coding tools, AI agents
Coding, image generation, and third-party apps are the three main focus areas.
2026-end: Codex could account for 50% of revenue, OpenAI projected.
ChatGPT’s website and mobile apps will first show the overhaul.
Executives increasingly view ChatGPT as a gateway to higher-value products.
The changes would mark a shift from ChatGPT’s origins as an AI chatbot.
Separately, OpenAI rolled out Lockdown Mode to help protect against prompt injection attacks.
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3. OpenAI, White House said to discuss government stake
Sam Altman and Trump admin officials are reportedly in talks about a possible government stake in the company.
OpenAI could donate equity to seed its proposed U.S. Public Wealth Fund.
No investment terms have been finalized, though.
Trump addressed the talks and said: “There were concepts where pieces could be given to the American public.”
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5. Google inks $30B cloud deal with Elon’s SpaceX for NVIDIA chips
