Tuesday, May 5, 2026
OpenAI's $10B PE play (and Musk's confession)
OpenAI just closed a $10B joint venture with 19 PE firms to embed AI across their portfolio companies (bold move), while Musk admitted xAI trained Grok using OpenAI's models via distillation (wild). Meanwhile, Meta's jumping into humanoid robots with an acquisition of ARI for Superintelligence Labs. So here's the question: Would you trust a $10B PE deployment of AI across companies that probably aren't ready for it?
Top Stories
Bloomberg
OpenAI has formed a $10 billion joint venture with 19 PE firms to systematically deploy its AI technology across thousands of portfolio companies, marking a significant shift toward enterprise-scale AI adoption through financial industry partnerships.
Meta acquired humanoid robotics startup ARI to bolster its Superintelligence Labs division, bringing top-tier robotics talent to develop foundation models for whole-body humanoid control as part of its path toward AGI through physical world training.
Elon Musk confirmed in court that xAI trained Grok using distillation techniques on OpenAI's models, validating assumptions that U.S. AI labs use these methods on each other despite publicly opposing the practice when done by Chinese competitors.
Testing Catalog
OpenAI updated Codex with playful animated Pets overlays and quietly added auto-import of competitor config files, signaling a strategic shift toward making Codex a sticky, cross-agent desktop super-app beyond pure coding functionality.
GreaterWrong
The article traces how Transformers' parallel processing architecture and self-supervised pretraining on massive unlabeled datasets enabled LLMs to scale dramatically, with supervised fine-tuning and reinforcement learning added later for alignment and specific behaviors.
Keep Reading
Industry Voices
Noorie Dhingra
Co-founder at Shapes
Building Shapes to tackle AI product development velocity—worth following if you care about shipping AI features faster than your competitors.
Anushk Mittal
CEO at Shapes
Leading Shapes with real talk about AI engineering workflows and the messy reality of going from prototype to production.
Xiaolong Wang
Co-founder at Assured Robot Intelligence
Co-founding Assured Robot Intelligence to solve the reliability crisis in robotics AI—essential follow for anyone building physical AI systems.
Lerrel Pinto
Co-founder at Assured Robot Intelligence
Bringing NYU robotics research into the real world at Assured Robot Intelligence—bridges the gap between academic breakthroughs and deployable robot learning.
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