OpenAI Eyes $10 Billion Raise; Meta Hit With $375 Million Penalty

• OpenAI plans to raise an additional $10 billion, pushing its total funding past $120 billion, as it prepares for a potential IPO.
• Meta faces a $375 million penalty for child safety violations, despite its continued investment in AI chip and product development.
• Anthropic is making progress in a US courtroom dispute, highlighting increasing legal challenges in the AI sector.
• Global AI activity is intensifying with significant funding rounds, legal battles, and strategic shifts across major tech companies.