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OpenAI Plans Business Model, Partly in Response to Anthropic

  • Bob Cronin
  • Published date: 2026-04-16 23:49:00 UTC

OpenAI plans to shift its focus to business-oriented products while shedding some of its consumer offerings as a pathway to profitability, executives said. The company intends to introduce a new artificial intelligence model for "high-value professional work"…

Top five takeaways from Homeland Security budget hearings

  • Ximena Bustillo
  • Published date: 2026-04-16 22:07:55 UTC

Lawmakers have been in a stalemate for over 60 days about funding the entire department, which includes agencies that oversee immigration enforcement, disaster relief, cybersecurity and the U.S. Coast Guard.

Trading Halted: Another Crypto Exchange Goes Dark After Cyber Attack

  • Ronaldo Marquez
  • Published date: 2026-04-16 21:13:02 UTC

A Russian-linked crypto exchange, Grinex, has suspended its services after a major cyber attack that resulted in the theft of roughly 1 billion roubles ($13 million).  Crypto Exchange Grinex Accuses ‘Unfriendly States’ In a statement released on Thursday, the…

Bank of England Probes AI Threats to UK Financial Stability

  • PYMNTS
  • Published date: 2026-04-16 20:48:35 UTC

The Bank of England is conducting tests to better understand the risks and opportunities artificial intelligence (AI) presents for the financial sector, Sarah Breeden, deputy governor for financial stability at the Bank of England, said in a letter to the U.K…

Data center, consumer device chips boost TSMC’s revenue

  • Maria Deutscher
  • Published date: 2026-04-16 20:29:21 UTC

Taiwan Semiconductor Manufacturing Co. today posted first quarter revenue and profit numbers that topped the consensus estimate.  The company’s data center and consumer device chip businesses played a major role in the earnings beat.  TSMC closed the first 3 …