Brought to you by:

Hey, welcome to today's Bay Area Times daily newsletter. If you haven't yet already, follow us on Twitter!

Top stories today:
1. OpenAI news roundup: new London office, CA class-action lawsuit
2. FTX CEO confirms it is soliciting interested parties to reboot exchange
3. YC has record 24K applications, <1% approval rate, 35% AI-focused
4. Microsoft CEO says he would love to eliminate exclusives, but Sony first

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. OpenAI news roundup: new London office, CA class-action lawsuit, training a model on Azure

OpenAI news roundup: new London office, CA class-action lawsuit, training a model on Azure

0. Data and calendar

1. OpenAI news roundup: new London office, CA class-action lawsuit, training a model on Azure

Keep reading

Microsoft Cloud drives Q4 FY26 revenue +18% YoY to $90B, operating income +18%

OpenAI models breached Modal customer before Hugging Face

Anthropic’s Amodei rejects open AI model ban, calls for testing

Claude Opus 5 debuts, nears Fable 5 performance at 50% lower price

OpenAI news roundup: new London office, CA class-action lawsuit, training a model on Azure

0. Data and calendar

1. OpenAI news roundup: new London office, CA class-action lawsuit, training a model on Azure

Subscribe to keep reading

Keep reading

Microsoft Cloud drives Q4 FY26 revenue +18% YoY to $90B, operating income +18%

OpenAI models breached Modal customer before Hugging Face

Anthropic’s Amodei rejects open AI model ban, calls for testing

Claude Opus 5 debuts, nears Fable 5 performance at 50% lower price