AI News for May 5, 2026 — 7min.ai

[NEWS] Anthropic, Blackstone, Hellman & Friedman, Goldman launch $1.5B 'McKinsey of AI' joint venture: Anthropic teamed with Blackstone, Hellman & Friedman, and Goldman Sachs Asset Management to form a $1.5B AI services company targeting mid-market firms like community banks, regional health systems, and mid-sized manufacturers.
[NEWS] OpenAI raises $4B for 'The Deployment Company' JV at $10B valuation: OpenAI pulled in over $4B from 19 investors for a new joint venture, The Deployment Company, valued at $10B and aimed at helping enterprises roll out OpenAI software.
[NEWS] Cerebras targets $3.5B raise at $26.6B IPO, the year's biggest tech debut: Cerebras Systems opened its Nasdaq roadshow under ticker CBRS, pricing 28M shares at $115-$125 to raise up to $3.5B at a $26.6B market cap.
[NEWS] Major banks 'choking' on AI data center loans, push $38B Oracle financing onto outside investors: JPMorgan, Morgan Stanley, and SMBC are scrambling to offload portions of multi-billion-dollar AI data center loans after hitting internal risk-concentration limits.
[NEWS] Trump White House weighs federal oversight regime for new AI model releases: The Trump administration is considering an executive order that would create a working group of tech executives and public officials to oversee the rollout of new AI models, the New York Times reported.
[NEWS] Greg Brockman testifies $30B OpenAI stake, IPO plans, and Musk's pre-trial 'most hated men' text: OpenAI president Greg Brockman's testimony revealed his stake is worth nearly $30B — ranking him among the world's 100 wealthiest — and confirmed OpenAI is exploring an IPO.
[NEWS] Apple in early talks with Intel and Samsung to diversify chips beyond TSMC: Apple held early-stage discussions with Intel about using its US chipmaking services and visited Samsung's under-construction Texas plant, exploring secondary fabrication partners beyond longtime supplier TSMC.
[NEWS] Palantir Q1 revenue jumps 85% as CTO calls AI tokens 'the new coal': Palantir reported $1.6B in Q1 revenue, up 85% YoY, with US revenue doubling to $1.28B.
[NEWS] Google Chrome silently installs 4GB Gemini Nano model on user devices without consent: Privacy researcher Alexander Hanff documented Chrome quietly downloading a roughly 4GB Gemini Nano model to user machines with no consent dialog, opt-out UI, or notification.
[TOOLS] OpenAI open-sources Symphony, an agent orchestration spec built on task trackers like Linear: OpenAI released Symphony, an open-source spec with a reference implementation that turns project tools like Linear into command centers for Codex agents.

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