OpenAI has acquired Glass Imaging, a startup that uses neural networks to improve smartphone camera output, for more than $300 million, according to a Wall Street Journal report relayed by TechCrunch and SiliconANGLE. Neither company has publicly confirmed the deal, and OpenAI did not immediately respond to TechCrunch's request for comment.
Personal injury law firm Morgan & Morgan said on Sept. 14 that it will invest at least $1 billion in technology and AI over the next 10 years and aims to make its in-house AI platform, MX2, available to other law firms by invitation by the end of 2027.
AI-linked shares fell across Asia, Europe and the United States on Sept. 14 after the chief executives of Anthropic and OpenAI, along with Elon Musk, publicly backed slowing the pace of AI model development. Chipmakers took the heaviest losses, while broad U.S. indexes closed only modestly lower.
HCLTech and CrowdStrike said on Sept. 14 they are expanding their partnership to sell AI security as a managed service. The offering combines CrowdStrike's Falcon Guardian with HCLTech's consulting, implementation, AI governance and managed security work, run out of the Indian firm's Cybersecurity Fusion Centers.
Chinese model developer Z.AI, formerly known as Zhipu AI, disclosed in a September 13 Hong Kong exchange filing a placement of new shares worth about $2 billion and a concurrent sale of roughly $3 billion in zero-coupon convertible bonds, with most proceeds earmarked for model development and computing.
Anthropic has chosen Nasdaq for its planned initial public offering, Business Insider reported on September 13, citing a person familiar with the company's plans; Reuters relayed the report. A day earlier, Fortune published an interview in which OpenAI chief executive Sam Altman said his company will not go public in 2026.
Legal AI company Harvey said on September 9 it has acquired Guardrails AI, a San Francisco startup that builds open-source tools for testing and constraining AI agents. The same day Harvey announced a $550 million funding round that it said values the company at $15.5 billion.
CrowdStrike and OpenAI said on Sept. 2 that CrowdStrike's Falcon Guardian will cover supported Codex coding agents, adding inventory, activity monitoring, detection and policy enforcement. CrowdStrike will also use OpenAI's GPT-5.6 Cyber model in its platform and in a new assessment service.