OpenAI is reportedly preparing for an initial public offering (IPO), according to the Wall Street Journal. As the company moves forward with its plans, OpenAI CEO Sam Altman's personal investments are facing increasing scrutiny from Republican lawmakers. This development comes amid heightened attention on the financial activities of key figures in the AI industry.

Elon Musk's artificial intelligence model, Grok, is reportedly lagging behind its rapidly growing competitors. According to Odaily, a significant computing power leasing agreement between its parent company, SpaceX, and Anthropic has raised questions about Grok's ability to catch up with industry leaders. Since its launch two years ago, Grok has attracted millions of users through its integration with Musk's social platform X and features like the controversial 'AI Companion.' However, recent data indicates that its growth momentum has stalled. Analysis from AppMagic reveals that Grok's downloads dropped to approximately 8.3 million in April this year, down from over 20 million in January. A survey conducted by research firm Recon Analytics, involving over 260,000 U.S. AI users and professionals, shows that the percentage of respondents willing to pay for Grok remained nearly unchanged at 0.174% in the second quarter of 2026, compared to 0.173% a year earlier. In contrast, more than 6% of respondents reported having paid for ChatGPT.

Nobel Hygiene, a prominent manufacturer of hygiene products, is reportedly planning an initial public offering (IPO) in India, aiming to raise up to $300 million. Bloomberg posted on X, citing sources familiar with the matter, that the company is exploring this financial move to expand its market presence and enhance its production capabilities. The IPO could provide Nobel Hygiene with the necessary capital to strengthen its position in the competitive hygiene product industry. Further details regarding the timeline and specific use of the funds have not been disclosed.

Dolphin Network has announced its adoption of a Peer-to-Pool architecture to reuse idle GPUs, according to Foresight News. This system allows each model to operate within a GPU pool, with nodes randomly assigned tasks, eliminating direct buyer-seller bindings. Nodes receive POD token rewards from the protocol treasury based on the number of inference tokens processed. Users can purchase credits directly from the protocol using POD, ETH, BTC, USDC, XMR, and ZEC. All protocol revenue is allocated for market buybacks of POD, directly offsetting inflation. For instance, Dolphin charges users $0.7 per million tokens for Qwen 3.6 35B, which is lower than OpenRouter's $1. Of this, $0.5 is paid to nodes, generating a net buyback of $0.2. POD holders can stake their tokens in the xPOD treasury to receive automatic reinvestment dividends, daily inference quotas, and ecosystem subscription benefits. Node operators are required to stake POD bonds equivalent to four weeks of income, which are subject to forfeiture in cases of cheating. The reward multiplier mechanism can reach up to two times.

Ark Invest, led by Cathie Wood, has increased its holdings in Circle by acquiring 41,904 shares, valued at approximately $5.52 million. According to Foresight News, this move reflects Ark Invest's continued interest in Circle's potential within the financial sector.

Bitcoin’s peer-to-peer network is experiencing a mysterious and unprecedented surge in node-related IP addresses, with daily unique addresses suddenly exploding from a long-standing range of roughly 30,000–60,000 to nearly 250,000 by May 2026 — a spike that has alarmed parts of the Bitcoin developer community.

RateX (RTX) is set to unlock approximately 1.23 million tokens on May 19 at 9:00 AM UTC+8. According to ChainCatcher, this token release is valued at around $1.71 million.

OpenAI launched a new AI deployment company backed by more than $4 billion to help businesses integrate AI into daily operations. It is also acquiring Tomoro to bring in around 150 AI engineers and deployment specialists.

Capital investment typically yields returns with a lag of months or even years. However, it's an undeniable fact that major companies are currently investing heavily in the AI ​​sector. The final profits realized will far exceed general market expectations.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3054, providing you with the latest and fastest news on the digital currency and blockchain industry.

It is rumored that SK Hynix's South Korean employees receive year-end bonuses exceeding 3 million RMB. Insiders reveal a huge disparity in treatment between China and South Korea, and the AI ​​storage supercycle may continue to drive up the prices of consumer electronics products.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

While the public is exclaiming "NFT is dead," top global art institutions and old-money giants are quietly building up their holdings, and digital art is about to undergo a century-level value revaluation comparable to the rise of "Impressionism."

Chips, Artificial Intelligence, DeepSeek, The world is reassessing China's chip industry. Golden Finance reports that the global semiconductor industry is reaching an all-time high.

Exchanges, South Korea, South Korean exchanges "battle" regulators, challenging the boundaries of law enforcement and legislation. Golden Finance reports that the South Korean crypto industry is entering a rare head-on regulatory conflict.

There are two kinds of businesses that are easiest to do in this world: selling shovels and selling water.