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AI News Digest - 2026-05-10

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1.
Elon Musk sued OpenAI, and during the second week of the trial OpenAI defended its 2023 restructuring while Shivon Zilis testified that Musk had attempted to recruit Sam Altman to lead a proposed Tesla AI lab.
2.
ChatGPT 5.5 Pro produced what was described as "PhD-level" mathematics research, reportedly improving an exponential bound to a polynomial one in under an hour with zero human assistance, according to Fields Medalist Timothy Gowers and reporting.
3.
Broadcom refused to finance production of OpenAI's custom AI chip unless Microsoft committed to purchasing 40% of the chips, leaving the project unfunded because Microsoft had not agreed.
4.
SoftBank reduced a loan secured by OpenAI shares from $10 billion to about $6 billion after lenders expressed concerns about valuing an unlisted company.
5.
Deepseek planned a funding round of up to $7.35 billion and scheduled the Deepseek V4.1 model launch for June, while Core Automation's valuation rose to roughly $4 billion within weeks of its founding.

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