Blue Origin compensation restructuring links employee pay to performance as competition rises. The move follows programme delays and comes amid SpaceX IPO discussions and strong growth projections for the space sector.

Key Highlights

• Blue Origin compensation restructuring increases performance-linked and equity-based employee incentives
• Changes follow delays in New Glenn rocket programme and rising execution pressure
• SpaceX IPO discussions add scrutiny on private space company performance and strategy
• Global space economy projected to approach $1 trillion by 2040, driven by satellite demand

Blue Origin compensation restructuring is gaining attention as Jeff Bezos revises employee incentives, increasing the share of performance-linked and equity-based rewards.

The move comes as competition intensifies in the commercial space sector, with companies under pressure to show progress on launches and satellite programmes.

The Blue Origin compensation restructuring was first reported by the Financial Times, which said the changes are aimed at aligning employee pay more closely with company milestones.

The update follows a period of delays in key programmes, including the New Glenn rocket.

Pay tied closer to delivery timelines

Under the Blue Origin compensation restructuring, a larger portion of compensation is linked to performance targets and long-term outcomes.

This reflects a wider shift across aerospace and technology companies where equity incentives are used to retain specialised engineering talent.

The company has been working to expand its launch capabilities but faces competition from established players with more frequent launches. Execution timelines have become a central focus as projects scale.

Pressure builds with sector momentum

The Blue Origin compensation restructuring comes as SpaceX is reported to be considering a potential public listing tied to its Starlink satellite business.

That development has drawn attention to how private space companies manage costs, performance, and workforce incentives.

According to a 2024 report by Morgan Stanley, the global space economy is projected to approach $1 trillion by 2040. Growth is being driven by satellite communications, defence contracts, and commercial launch services.

Talent competition intensifies

Data from Euroconsult shows demand for satellite launches and orbital services continues to rise. Governments and private companies across North America, Europe, and Asia are increasing investments, adding pressure on firms to secure skilled workers.

The Blue Origin compensation restructuring reflects this trend, as companies increasingly rely on stock-linked incentives to attract and retain talent in a limited labour pool.

Blue Origin does not publicly disclose financial results, but industry estimates indicate Bezos has invested billions of dollars into the company over time.

The Blue Origin compensation restructuring signals a shift toward tighter performance alignment as competition in the space sector continues to grow.

FAQs

Q1. Why is Blue Origin changing its employee compensation structure?
The company is linking pay more closely to performance and milestones to improve execution and retain skilled workers.

Q2. How does this relate to SpaceX’s reported IPO plans?
A potential SpaceX IPO increases competitive pressure on private space firms to show stronger performance and accountability.

Q3. What role does the New Glenn rocket play in this change?
Delays in the New Glenn programme have increased focus on meeting timelines and improving delivery performance.

Q4. How big is the global space industry expected to become?
Industry estimates suggest the global space economy could approach $1 trillion by 2040, driven by satellite and launch demand.

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Samsung Electronics’ market cap tops $1 trillion, the second largest Asian company in history to hit the milestone after TSMC on Wednesday. Samsung shares rose to a record 1,500 trillion won ($288 billion) on early deals amid soaring AI chip and U.S. tech stock excitement.

Key Highlights

• Shares of Samsung surged 12% in Seoul to leave the company with a market value of $1.03trillion.
• Samsung is the world’s largest maker of chips and followed AI stock advances overnight.
• The rally came after the S&P 500 and Nasdaq both closed at record highs on a basis to US dollars.

Global Technological Surge and Market Timing

Samsung Electronics formally joined the trillion-dollar club on Wednesday. This unprecedented growth was driven by higher quarterly results and the global recovery of the semiconductor industry. A pronounced rally in U.S.-based AI-related stocks led to a positive reaction for Asian markets as investors reacted. The milestone marks Samsung’s status in the global digital infrastructure supply chain along with industry giants.

AI Infrastructure and Geopolitical Factors

The reason for the rising valuation is attributed to a global surge in demand for high-performance memory chips that are used during the processing of AI. The immediate pressures from shipping and energy stemming from the Israel-Hamas war evaporated after a ceasefire brokered by U.S. intervention in the conflict, which has pushed financial speculation down and shifted market focus toward solid corporate fundamentals. As high-tech firms pour billions into building new data centres, Samsung’s status as the largest supplier has led to a dramatic change in its stock value among global institutional investors.

Market Dynamics and Asian Tech Perspective

This landmark achievement is interpreted by analysts as a sign that the East Asian technology sector is becoming more and more powerful, surpassing the $1 trillion threshold in market value. Although TSMC was the first to approach and achieve this milestone in the region, Samsung’s entrance depicts why memory technology is now more essential than ever for success so far in the AI age. Experts claim that the firms’ capital inflow into giant semiconductor manufacturers will remain so if only the ceasefire continues to be strong and U.S. tech earnings stay high, at least till mid-year.

FAQs

1. How much is the current Market Cap of Samsung?

By May 2026, its market capitalisation would be around US$1.03 trillion (see Samsung Electronics).

2. Why is Samsung stock up 12%?

Higher US AI chip names and intact ceasefire news in the Middle East powered the advances.

3. How does the AI boom affect Samsung?

Artificial intelligence programs are powered by hardware components like memory chips, the top product from Samsung.

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Anthony Albanese has announced the government will spend $10 billion on a permanent national, government-owned fuel reserve and increase Australia’s minimum fuel stockholdings to 50 days. 

Key Highlights

• Australia will invest A$10 billion in creating a permanent public national fuel reserve and increasing the government stockpile.
• The reserve will contain approximately 1 billion litres, enough to provide an onshore fuel supply for at least 50 days.
• In total, A$3.2 billion will be spent on the fuel reserve itself, and A$7.5 billion on loans, equity, guarantees, insurance and price support for stockpiles of fuel and fertiliser over five years
• The bill will be front and centre in the federal budget to be delivered next week.

Australia Announces Its Own Reserve For Fuel

Prime Minister Anthony Albanese announced on Wednesday that the government will invest A$10 billion (USD9.99 billion) to set up an Australian-owned permanent fuel stockpile and ramp up the nation’s fuel supplies. The stockpile will have a capacity of 1 billion litres, ensuring Australia has at least 50 days of fuel left onshore, at all times. The fuel reserve is expected to cost A$3.2 billion. Australia sources roughly 80% of its fuel locally but has suffered localised shortages since escalating tensions in the Middle East. Next week’s budget from the federal government will prominently feature the announcement.

What Is Australia Doing, and What Does It Pay For

In mid-2017, it was discovered that Australia had been one of the few nations in the International Energy Agency not having a government-owned fuel reserve, a fact brutally by the Middle East conflict. Energy Minister Chris Bowen has since claimed there would be changes to this. The government will provide 1 billion litres of fuel reserve to supplement those minimum stocks that the private sector will be required to hold, with a particular focus on diesel and jet fuel, said Mr Kuehne. 

The existing minimum stockholding requirement, which importers and refiners have on average around 30 days of fuel, has been raised by 10 days for A$34.7 million to the taxpayer. An additional A$7.5 billion will be used on loans, equity, guarantees, insurance, and price support to build up reserves for both fuel and fertiliser.

What this means for Australia’s energy security, and what the Government says

Albanese pitched the announcement as a permanent change in how Australia approaches energy security, rather than a crisis response only. As 80% of Australia’s fuel is imported, a stockpile of this size is the most substantive measure the government has proposed by far to protect Australia from major global supply shocks.

FAQs

1. How much is Australia paying for a fuel stockpile?

US$10 billion in total, US$3.2 billion for the Government reserve, US$34.7 million to raise the minimum stockholding requirement and US$7.5 billion for broader fuel & fertiliser storage assistance

2. The government reserve will be focused on what? 

Diesel and jet fuel, especially in preventing regional stockouts, and also protecting essential users during crisis-level supply shocks.

3. When is this going to be made official? 

This is the centrepiece of next week’s federal budget.

4. Why didn’t Australia have a government fuel reserve already? 

It did not have one of the few remaining OEEC (now IEA) members without a strategic pipeline, the Middle East conflict demonstrated how uniquely vulnerable this left it to supply interruptions.

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SAP is investing $1.16 billion in an AI lab and acquiring Dremio to strengthen enterprise data capabilities as global AI spending continues to rise across major markets.

Key Highlights

• SAP commits $1.16 billion to German AI lab focused on enterprise software integration
• Dremio acquisition enhances SAP’s data lakehouse and analytics capabilities
• SAP reported €31.2 billion revenue in 2025, driven by cloud services growth
• IDC projects global AI spending to exceed $500 billion by 2027

SAP has committed $1.16 billion to a German artificial intelligence lab and confirmed its acquisition of Dremio, extending its push into enterprise AI and data systems.

The lab, established less than two years ago, is building tools designed for integration into SAP’s software used by large organisations.

The company said the initiative will focus on automation and data-driven processes across business operations.

SAP reported €31.2 billion in revenue for 2025, with cloud services contributing a growing share. The investment comes as demand for AI-enabled enterprise tools continues to rise across global markets.

Data access becomes central to AI rollout

SAP’s acquisition of Dremio adds a data lakehouse platform that allows companies to query data across systems without moving it into one location. This approach supports faster analysis and reduces duplication.

The company said combining AI tools with improved data access is key to scaling enterprise use. Similar approaches have been adopted by other software providers seeking to embed AI features into existing platforms.

Spending trends and market context

Enterprise AI spending is increasing steadily. According to the International Data Corporation, global AI spending is expected to exceed $500 billion by 2027, with North America remaining the largest market, followed by Asia-Pacific and Europe.

A recent report from Gartner noted that enterprise software vendors are prioritising AI integration into core products, particularly in cloud-based systems.

These trends are shaping how large organisations manage data, automate workflows, and deploy AI tools at scale.

Recent moves reflect broader strategy

SAP has been expanding AI features across its portfolio, including tools embedded in business applications for finance, supply chain, and human resources.

The latest investment and acquisition reflect a continued focus on linking AI development with data infrastructure.

The company said the AI lab will work on practical enterprise use cases, while Dremio’s platform will improve how customers access and analyse large datasets.

FAQs

Q1. What is included in SAP’s latest AI investment?
It includes a $1.16 billion investment in a German AI lab and the acquisition of Dremio.

Q2. Why did SAP acquire Dremio?
To improve enterprise data access and analytics through Dremio’s data lakehouse platform.

Q3. How does this move fit into global AI trends?
It aligns with rising enterprise AI spending, projected to exceed $500 billion by 2027.

Q4. What role does data play in SAP’s AI strategy?
Data access and processing are essential for deploying AI tools effectively across enterprise software systems.

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OpenAI provided access to its most recent AI model, GPT-5.5, for national security testing to the US Government. OpenAI executive Chris Lehane announced it in a LinkedIn post.

Key Highlights

• OpenAI early access was confirmed in a social media post made by OpenAI executive Chris Lehane.
• The model that is being tested is GPT-5. 5, a successor to the high-powered AI from his previous company.
• The collaboration aims to detect possible model risks before a widespread rollout.
• The announcement comes as the U.S. government strengthens its oversight of frontier AI models.

Testing for Security Initiated in May 2026 

OpenAI announced that it had given the U. S. government early access to GPT-5.5. The testing will focus on areas such as cybersecurity and biological threats. OpenAI is trying to show that it adheres to safety guidelines and government-level cooperation in relation to high-risk AI by endorsing the tech before a broad release.

Here is why the Government is Testing GPT-5 5

This early access is mainly due to the even greater risks with advanced AI. Research has shown that if models become increasingly powerful, they may be misused for harmful purposes. OpenAI is aiding officials to examine GPT-5.5 by allowing the government to understand that the model is strong enough to defend national interests. The move is viewed as a way to restore trust between the tech sector and Washington amid rapid AI development.

FAQs

1. What is GPT-5.5? 

This is the newest artificial intelligence model introduced by OpenAI after its previous AI versions such as GPT-4, GPT-5

2. Who is Testing the New AI Model?

The model is being evaluated with tests for safety risks by the U.S. government to determine if it can clear national security concerns.

3. Why did OpenAI allow the government to use the new model?

The company published it to ensure the safety of the model in public use and also to appease government interest in overseeing this advanced technology.

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Meta is developing a custom AI Assistant to handle daily tasks for billions of users, Financial Times reports. These agentic tools are in the works as investors increasingly question the company’s growing research costs on AI infrastructure.

Key Highlights

• Meta is developing the latest AI assistant powered by Muse Spark.
• It is aimed at replicating some of the abilities of OpenAI’s OpenClaw, which runs on almost no human input.
• Meta is training an AI agent to use internally under the name Hatch, with internal tests set to end by late June.
• It is integrating an agentic shopping tool into Instagram by the end of this year.
• Recently, Meta lifted its outlook for full-year capital spending to help finance AI infrastructure.

Meta is developing an AI Model Powered by Muse Spark Model

Meta is building agentic tools like a new digital assistant with its new Muse Spark AI model. Staff have been internally testing a related AI agent named Hatch to wrap it up by late June. Meta is creating a wholly separate agentic shopping tool via Instagram that it plans to make available to the general populace before Q4 this year.

Why Is Meta Making These Tools? 

Meta is embracing agentic AI to provide an experience for the user well beyond mere chatbots and a sense of autonomy. In short, that’s an assistant, which connects many hardware and software tools to reduce multi-step tasks requiring human intervention by learning from data. Using the Muse Spark model, Meta hopes to create a product that can be seen as OpenAI’s OpenClaw. It’s a part of the greater effort that justifies billions in AI infrastructure and delivers on strong consumer and advertiser tooling.

Analyst Take

Market analysts are suggesting such a move into agentic AI for Meta is needed because, as Meta has tried to steer investor attention toward the future of autonomous digital assistants, everybody else is beginning to get there first. The Information and FT say experts believe these tools are being incorporated on Instagram in the hope that AI can be monetised through e-commerce. 

Analysts, however, say the success of Muse Spark and Hatch will be key to restoring investor confidence amid rising annual spending at Meta. However, the consensus is that this technology is ambitious and Meta needs to prove these agents can bring revenue in to cover the exorbitant costs required to build AI infrastructure.

FAQs 

1. What is an agentic AI assistant?

It is a brain that can carry out actions in apps and software with very little human input, so it is not limited to answering questions alone.

2. What is the Muse Spark AI model?

The AI model Muse Spark that Meta announced and will use for the next generation of digital assistants.

3. What is Hatch?

Meta is training an internal AI agent internally codenamed Hatch, to automate tasks (testing ends in late June 2026).

4. When will the new Instagram shopping tool be available?

Meta expects to launch the agentic shopping assistant for Instagram before the end of 2026.

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Nuro driverless testing California approval enables autonomous vehicles without safety drivers. The move supports robotaxi rollout plans and reflects broader global expansion of regulated self-driving vehicle testing programs.

Key Highlights

• Nuro receives approval to test fully driverless vehicles without safety drivers on public roads
• Lucid Gravity SUVs selected for passenger-focused autonomous testing program
• Robotaxi rollout with Uber targets deployment of up to 20,000 vehicles from 2026
• Latest funding round values Nuro at about $6 billion, reflecting sector-wide adjustments

Nuro driverless testing in California has entered a new stage after the California Department of Motor Vehicles approved the company to operate fully autonomous vehicles without a human safety driver.

The permit allows public road testing under defined operational and safety reporting rules.

The approval covers vehicles powered by Nuro’s self-driving system, including the Lucid Gravity electric SUV developed by Lucid Motors. The shift marks Nuro’s move beyond delivery robots toward passenger-focused autonomous mobility.

Regulatory nod aligns with wider robotaxi push

The Nuro driverless testing California permit comes as competition intensifies among autonomous vehicle developers working toward commercial robotaxi services.

Nuro is part of a broader group of companies advancing driverless operations under regulated conditions.

The company is working with Uber and Lucid on a planned robotaxi rollout expected to begin in 2026. The program aims to scale a fleet of up to 20,000 vehicles over multiple years, based on company disclosures.

Testing expansion follows funding reset

The Nuro driverless testing California milestone follows a $203 million funding round completed in 2025, valuing the company at around $6 billion.

The valuation reflects a broader recalibration across the autonomous vehicle sector after earlier peak funding cycles.

Nuro has also shifted its strategy toward licensing its autonomous driving system to automakers and fleet operators, rather than manufacturing vehicles directly. This model is increasingly being adopted across the industry.

Global testing frameworks continue to widen

The Nuro driverless testing in California comes as regulators expand controlled testing zones worldwide. According to a McKinsey & Company report, the autonomous vehicle market could reach several hundred billion dollars in value over the next decade.

The United States remains a leading testing hub, while China has expanded large-scale pilot programs. European markets, including Germany and the United Kingdom, continue to introduce structured testing environments with phased approvals.

FAQs

Q1. What does the Nuro driverless testing California permit allow?
It allows Nuro to operate fully autonomous vehicles on public roads without a human safety driver under strict reporting rules.

Q2. Which vehicles are part of the Nuro driverless testing California program?
The company is using Lucid Gravity electric SUVs equipped with its autonomous driving system.

Q3. How does this permit connect to robotaxi rollout plans?
It enables real-world testing needed for Nuro’s planned robotaxi service with Uber, expected to begin from 2026.

Q4. Why is California important for autonomous vehicle testing?
It has one of the most structured regulatory systems, making it a key market for driverless technology development.

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Canva has paid about A$571,000 in penalties after missing deadlines to file financial reports, according to regulatory disclosures. ASIC issued multiple infringement notices linked to delayed filings for recent years. The company has since submitted its accounts, which show revenue growth and a return to profitability in its latest results.

Key Highlights

• Canva paid about A$571,000 in penalties for delayed financial filings across recent reporting periods
• ASIC issued infringement notices citing missed statutory deadlines for multiple group entities
• Latest disclosures show A$3.02 billion revenue and return to profitability in most recent year
• Enforcement reflects broader regulatory focus on compliance among large private tech companies

Canva has paid about A$571,000 in penalties after missing deadlines to lodge financial reports, drawing attention to compliance standards for high-growth private technology companies.

The fines were issued by the Australian Securities and Investments Commission (ASIC) following delays in submitting accounts for recent financial years, including FY24.

ASIC confirmed the infringement notices were tied to multiple entities within Canva’s group that failed to meet statutory reporting timelines.

The company has since filed the required financial statements. Under local regulations, payment of such notices does not amount to an admission of wrongdoing.

Late filings under scrutiny

The regulator said timely financial reporting is essential for transparency, particularly for companies with significant scale and external stakeholders.

ASIC has stepped up enforcement in recent years, targeting late filings among large proprietary firms.

The move follows broader scrutiny of reporting standards across the private tech sector, where rapid growth and complex structures can create compliance gaps.

Financial growth remains intact

Recent filings show Canva reported about A$3.02 billion in revenue and a net profit of roughly A$25.96 million for its latest financial year.

This marks a shift from the previous year, when the company posted revenue of around A$2.15 billion and a loss of A$425.47 million.

The figures indicate continued expansion in paid subscriptions and enterprise adoption, based on disclosed accounts.

Wider industry context

Canva operates in the global design software market alongside firms such as Adobe. Demand for cloud-based creative tools has grown with increased digital content production and remote work trends, according to industry data cited by market research firms, including Gartner.

Regulators in multiple jurisdictions have been reinforcing financial disclosure norms for large private companies, particularly those with international operations and significant valuations.

FAQs

Q1. Why was Canva fined for late filings?
The company missed deadlines for submitting financial reports required under corporate law.

Q2. How much did Canva pay in penalties?
Canva paid about A$571,000 in infringement notices issued by the regulator.

Q3. What do Canva’s latest financial results show?
The latest filings show revenue of about A$3.02 billion and a return to profit.

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According to co-founder and President Greg Brockman, OpenAI expects that its expenditure on computing power will reach $50 billion in 2026. Brockman also noted the company’s soaring expenses to build its artificial intelligence infrastructure.

Key Highlights

• OpenAI’s computing costs have grown from $30 million in 2017 to tens of billions of dollars now.
• The company aims for $600B in total computer spending through 2030.
• The financial disclosure came in a federal trial in Oakland this week over OpenAI’s conversion into a for-profit entity.
• Elon Musk is filing a lawsuit against OpenAI.
• An OpenAI attorney named Sarah Eddy probed Brockman in the testimony to support the firm’s ongoing structure.

Brockman defends OpenAI

OpenAI President Greg Brockman took the witness stand to justify the massive capital requirements of developing frontier artificial intelligence. Brockman testified that the cost of computing has escalated at a breakneck pace, moving from tens of millions to tens of billions of dollars in less than a decade. He argued that the staggering $50 billion projected spend for 2026 will help OpenAI shift from a nonprofit to a capped-profit entity a mechanical necessity to attract the investment required to compete with global tech giants.  

Financial Escalation and Strategic Pivot

The primary reason for OpenAI’s aggressive spending is the need to build the massive data centre infrastructure required for the next generation of AI models. Brockman explained that the company’s roadmap involves a total investment of $600 billion through 2030, a scale of spending that would be impossible for a traditional charitable organisation to sustain. 

To counter Musk’s claims of greed, Brockman testified that Musk himself had previously proposed an even larger $80 billion funding plan for his own ambitions. He argued that OpenAI has actually created the most well-resourced nonprofit in history by using its commercial arm to fund its original safety and research goals.  

Market Implications and Corporate Risks

Analysts monitoring the trial in Oakland believe the outcome could significantly impact OpenAI’s rumoured $1 trillion IPO planned for later this year. If the court finds that the founders improperly converted the nonprofit’s assets, OpenAI could be forced to restructure or revert to its original model, potentially wiping out billions in investor equity. 

The disclosure of Brockman’s $30 billion stake has intensified the legal debate over whether the shift was truly about technology needs or personal wealth. Experts note that a loss for OpenAI could disrupt the entire AI industry’s funding landscape and slow the deployment of advanced autonomous systems.

FAQs

1. How much is OpenAI paying for computing? 

OpenAI predicts spending $50 Billion to run services in 2026.

2. Who is Greg Brockman?

Co-founder and now the President of OpenAI.

3. What is the long-term spending goal for OpenAI?

In fact, it is said that the company sights $600 billion in total computer spending by 2030

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AMD beats Q1 estimates and predicts well above (at least for revenue) Q2 Wall Street forecasts due to massive uptake in the demand for its data centre chips. The stock increased 12% in after-hours trades, adding to a 65 per cent advance already recorded this year.

Key Highlights

• AMD provided an outlook for Q2 revenue of $11.25 billion.
• In Q1 revenue from the data centre segment surged 57% to $5.8 billion, topping the $5.64 billion estimate.
• AMD now sees the total addressable market (TAM) for server CPUs growing over 35%.
• AMD already has a $60 billion contract to sell AI chips to Meta over five years.
• The company expects a significantly reduced revenue from gaming by over 20% in the second half.

AMD Moves into Q1 and Guides a Stronger Q2

AMD reported first-quarter revenue of $10.25 billion, beating analysts’ expectations of $9.89 billion. Adjusted earnings per share came in at $1.37, above the expected $1.29. The data centre part was the winner, growing 57% to $5.8 billion as cloud players ramped up spending on AI infrastructure.

For Q2, AMD is projecting revenue of $11.2 billion (above Wall Street’s $10.52 billion forecast), with server CPU revenue rising more than 70%. Year-on-year adjusted margins are predicted at 56%, ahead of 55.4% analyst estimate.

The CPU Market Is Booming, AMD Upgraded Its Forecast Dramatically

The company now expects the server CPU market to grow more than 35% a year, topping $120 billion by 2030, said AMD CEO Lisa Su in answering a question from analysts, as it predicted only an 18 per cent annual growth rate for the segment back in November. 

That’s because many of the changes are tied to a migration from training AI models to running them, or, as it’s known in the industry, inference, which is dominated by CPUs instead of GPUs. AMD has established a five-year agreement that will provide Meta with AI chips worth as much as $60 billion in exchange for being able to purchase up to 10% of the chip company. Last year AMD, too, cut a deal with OpenAI.

The Competition is Getting Tough, and Memory Prices are Rising Trend

Intel, which advanced its own in-house manufacturing, boosted a quarterly revenue forecast last month and shares jumped as high as 4.5% in expanded trading, while AMD is already very well positioned in the CPU market. Daniel Newman, CEO of Futurum Group, commented that because TSMC is tight on capacity AMD should explore qualifying Intel as a manufacturing partner sooner rather than later. 

AMD’s Client and Gaming segment revenue increased 23% to $3.6 billion in Q1, but the company is already warning that PC shipments in the second half will be impacted by higher memory and component costs. It also expects gaming revenue to drop more than 20% in the second half. 

FAQs

1. How much revenue did AMD report in Q1?

AMD reported $10.25 billion, above expectations of $9.89 billion. 

2. What did AMD say about how big the server CPU market will be in 2030? 

It will be $120 billion, growing more than 35% climbing from its November forecast of 18%.

3. Who are the biggest customers of AMD AI chips? 

Meta, with an agreement of up to $60 billion (over five years) at the latest, alongside OpenAI (last year).

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