OpenAI files for IPO; Pentagon lists Chinese firms; Apple unveils Siri AI

OpenAI has confidentially submitted an application for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC), with its current valuation estimated at $852 billion. This move positions the ChatGPT developer for a potentially significant market debut. Separately, the Pentagon has accused major Chinese companies, including Alibaba, Baidu, and electric vehicle manufacturer BYD, of supporting the Chinese military. Meanwhile, Apple introduced an updated Siri AI during its annual Worldwide Developers Conference (WWDC) and hinted at a sophisticated new iPhone model. However, the absence of a specific launch date for the AI assistant reportedly led to a decline in Apple's stock value during the presentation. Sources: Forbes Ukraine