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White House delays AI cybersecurity EO after objections from Trump

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Top stories today:

  1. White House delays AI cybersecurity EO after objections from Trump
  2. OpenAI said to generate $5.7B in Q1 revenue as ChatGPT growth stalls
  3. Anthropic said to explore Microsoft chip-powered servers
  4. Quantum computing firms set for $2B U.S. grants package
  5. Cursor reaches $3B annualized revenue with 3K+ $100K customers

0. Data and calendar

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Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. White House delays AI cybersecurity EO after objections from Trump

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3. OpenAI said to generate $5.7B in Q1 revenue as ChatGPT growth stalls

55M paying ChatGPT consumer subscribers in Q1:

  • OpenAI’s weekly active users have accelerated since Q1 on demand for GPT-5.5 and ChatGPT Images 2.0.

  • For Q1, OpenAI was still ahead of Anthropic (~$4.7B).

  • Anthropic has since crossed OpenAI, at $45B ARR vs $30B.

    • Anthropic has also projected ~$11B in Q2 revenue, along with ~$600M operating profit.

  • OpenAI posted a -122% adjusted operating income margin in Q1, according to reported investor talks.

  • OpenAI is targeting 1B weekly active ChatGPT users by end-2026, though employees were warned to expect “rough vibes” as Google gained ground with Gemini.

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5. Anthropic said to explore Microsoft chip-powered servers as Azure usage for Claude rises

Anthropic would become the first major AI player to use Microsoft’s chips:

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