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Friday, 14 August 2026

OpenAI and Anthropic in price war as Chinese AI rivals gain ground

Ars Technica 2 months ago 15 ● 2 sources

OpenAI and Anthropic cut prices on new model releases as customers shift to lower-cost Chinese AI rivals. OpenAI slashed prices for GPT-5.6 Luna by 80 percent. More companies will move to cheaper options to control rising AI spending, increasing competitive pressure from Chinese labs like Moonshot and DeepSeek.

Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others think

Fortune 39 ● 2 sources

Joshua Kushner and Bob Iger announced a plan to buy the Los Angeles Lakers for $12.5 billion, pending NBA Board of Governors approval. The deal price would be the largest pro sports team sale in U.S. history at $12.5 billion. The announcement also spotlights Kushner’s prior OpenAI investments, including a roughly $1 billion stake at a $285 billion valuation in December.

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