OpenAI's Path to IPO
AI Inside for Thursday, October 23, 2025
Jeff Jarvis is back on the AI Inside podcast this week, joining me to discuss OpenAI’s recapitalization victory and what it means for a future IPO, Amazon’s major job cuts and what it might NOT mean about AI, Adobe’s new Creative Cloud features, and Elon Musk’s Grokipedia launch.
But first... huge thanks to our Patrons of the Week, Rik Schreurs, William Wilkinson, and Marie Teixeira! You can support us too on patreon.com/aiinsideshow. Thanks for keeping us in business!
OpenAI Recapitalization
OpenAI has officially completed its recapitalization into a for-profit corporation under a nonprofit foundation’s oversight. The new structure creates OpenAI Group PBC (Public Benefit Company). OpenAI Foundation maintains legal control and 26% ownership. Microsoft’s stake dropped from 32.5% to 27%. Investors and employees hold 47%. Microsoft gets 20% cut of revenue like before, ending IF OpenAI discovers AGI. OpenAI commits to $250 billion in Azure services. Microsoft gets exclusive access to OpenAI’s new tech until 2032, including AGI. Sam Altman remains CEO without equity stakes. All of this makes it even clearer that OpenAI will likely pursue an IPO sometime in the near future.
Amazon Job Cuts
Amazon announced that the company is cutting around 14,000 corporate jobs, around 4% of its office workforce. One of the biggest job cuts in company history. Senior VP Beth Galetti says the company needs to operate like the world’s largest startup, focusing on fewer management layers and increased agility. This follows earlier layoffs under CEO Andy Jassey, including 27k jobs cut since late 2022. Jassey signaled workforce shrinkage as automation using AI increases. Amazon employs 1.55 million globally. Impacted staff get severance, job assistance, and benefits. Microsoft and Meta have also made cuts. Jeff pointed listeners to a Nate Jones video where he makes the case that this has a lot less to do with AI than most assume.
Adobe AI Features
Adobe held Adobe Max 2025 and announced new AI features for Creative Cloud. Firefly version 5 improves image quality with 4MP photorealistic output, prompt-based and layered image editing, and image harmonization for shadows and lighting. Most top models now available in Firefly. Users can create their own models for brand consistency. New features include soundtrack and speech generation, a Firefly video editor for text-based video editing, and AI Assistants across Adobe Apps. Adobe products will integrate with ChatGPT and other chatbots.
OpenAI Atlas Vulnerability
Researchers at NeuralTrust uncovered a serious vulnerability in OpenAI’s Atlas browser that allows prompt injection attacks. Malicious actors disguise harmful prompts as URLs, which Atlas interprets as trusted commands, risking file deletion or phishing site navigation. This exposes a boundary issue between trusted user input and untrusted content. NeuralTrust recommends treating omnibox prompts as untrusted by default. OpenAI’s CISO advises running sensitive tasks in logged-out mode and notes the agent suspends itself if users leave sensitive tabs.
Amazon AI Smartglasses
Amazon is trialing AI-powered smartglasses designed for delivery drivers to enhance efficiency. The glasses provide real-time task displays, walking directions, and package scanning without using a phone. They automatically activate at destinations and include features like real-time defect detection, hazard alerts including pet detection, a swappable battery system, emergency button, and integration with a delivery vest controller. This technology supports increasing safety and productivity in delivery operations.
Amazon Robotics
Amazon also introduced two major automation projects: Blue Jay robotics and Project Eluna. Blue Jay is a multi-tasking robot for warehouses capable of picking, sorting, and consolidating packages simultaneously, handling about 75% of stored items. Project Eluna complements this by advancing AI in warehouse operations to increase efficiency and reduce reliance on multiple robots. These initiatives represent Amazon’s ongoing investment in AI and robotics to drive operational agility and scale.
Elon Musk Grokipedia
Elon Musk launched Grokipedia, an xAI-driven online encyclopedia offering a less biased alternative to Wikipedia, which he dislikes. The goal is truth and transparency. The site is minimalistic with around 885k articles at launch, compared to Wikipedia’s 7 million. Much content seems lifted from Wikipedia. It is unclear how entries are created or edited, raising questions about reliability and transparency.
Qualcomm AI Chips
Qualcomm revealed AI200 AI accelerator chips, shipping next year as stand-alone chips, server cards, and full racks. Saudi Arabia’s Humain startup is the first customer deploying 200 megawatts in 2026. The AI250, aimed for 2027, features a neural processing unit, up to 768GB low-power memory, higher than Nvidia and AMD. Nvidia recently became the world’s first $5 trillion company.
Sora AI App
Sora, the social AI app, is coming to Android soon, confirmed by OpenAI. Upcoming features include character cameos, animating pets and objects, trending cameos, and channels customized for companies, universities, and clubs.
Anthropic TPU Deal
Anthropic partnered with Google for access to up to one million Google TPUs, adding more than 1 gigawatt capacity to its services in 2026. This is Google’s largest TPU deal. Anthropic will split workloads among Google TPUs, Amazon Trainium chips, and Nvidia GPUs. Google’s investment in Anthropic totals $3 billion.
Gemini Updates
Gemini now gets regular update drops, which package updates to seem more significant. Gemini can create decks in Google Slides with Canvas and is expanding to more Google TVs. Veo 3.1 offers improved textures, easier camera control, and better sound effects. Web users see better LaTeX rendering for formulas and PDFs.
HUGE thank you to Executive Producers on the Patreon): DrDew, Jeffrey Marraccini, Radio Asheville 103.7, Dante St James, Bono De Rick, Jason Neiffer, Jason Brady, Anthony Downs, Mark Starcher
Thank you for watching and reading! See ya next week.