Codex on AWS bedrock bug causing 10x charges
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Codex on AWS bedrock bug causing 10x charges — 78 points, 21 comments on Hacker News.
System status
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Collection is paused. Latest public event: Aug 21, 2026 (10 days ago).
Company dossier
Safety-first AI research ensuring AGI benefits humanity through full-stack platform capture.
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Last updated Aug 21, 2026 (10 days ago).
OpenAI is a safety-first AI research organization building the operating system layer for the AI economy, from consumer interfaces like ChatGPT to enterprise infrastructure and vertical-specific models. It executes a strategy of platform lock-in via agentic tools and outcome-based pricing to capture economic value generated by its models. With a $852B valuation and massive funding, OpenAI positions itself as a business process partner rather than a mere technology vendor.
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Codex on AWS bedrock bug causing 10x charges — 78 points, 21 comments on Hacker News.
Pacing model development in an era of cyber-critical capabilities — 162 points, 293 comments on Hacker News.
What Happens If OpenAI Dies? — 101 points, 61 comments on Hacker News.
openai/codex-security (TypeScript) — 10020 stars, 708 forks. OpenAI's Codex Security CLI and TypeScript SDK for finding, validating, and fixing security vulnerabilities. npm: https://www.npmjs.com/package/@openai/codex-security
Pirat_Nation reported on May 21, 2026 that OpenAI is preparing to file confidential IPO paperwork in the coming days or weeks, possibly as early as Friday, working with Goldman Sachs and Morgan Stanley. The company was valued at around $852 billion in private funding discussions. OpenAI seeks new funding for massive data centers to train advanced AI systems. The plans follow its transition to a for-profit model and victory in the Elon Musk lawsuit. OpenAI generates substantial monthly revenue but faces competition from Anthropic and Google.
Sam Altman offered $2 million worth of OpenAI API tokens to each of the 169 startups in Y Combinator's Spring 2026 batch in exchange for equity via SAFE notes. The offer was announced at a YC event on May 20, 2026. Tom Blomfield noted OpenAI is willing to exchange $800 million of compute for approximately 2% equity across the batch. Altman described the initiative as an investment in tokenmaxxing startups. This follows OpenAI's recent $122 billion funding round at $852 billion valuation.
OpenAI prepares to file confidentially for an initial public offering in the coming weeks with Goldman Sachs and Morgan Stanley. The filing could lead to a public debut as early as September 2026. OpenAI was valued at $852 billion in its March 2026 funding round. OpenAI overcame a hurdle when a federal jury rejected Elon Musk's lawsuit on May 18, 2026. Sam Altman remains CEO after the verdict cleared the path for the IPO.
OpenAI formed the OpenAI Deployment Company as a majority-owned subsidiary. The new unit received backing from more than $4 billion provided by 19 investment firms including TPG, SoftBank, Goldman Sachs, Bain Capital, and McKinsey. OpenAI agreed to acquire Tomoro, an Edinburgh-based firm with 150 Forward Deployed Engineers who have worked with clients such as Tesco, Virgin Atlantic, Supercell, and the NBA. The move shifts focus toward enterprise deployment services.
Sam Altman and OpenAI bankers at Goldman Sachs and Morgan Stanley prepared a confidential draft IPO prospectus. The company targets a public debut as early as September 2026. OpenAI is currently valued at $852 billion following its most recent funding round. Sam Altman has pushed for the IPO while CFO Sarah Friar advised additional preparation time.
Chamath Palihapitiya posted on May 17, 2026, about OpenAI raising $4 billion from 19 investors including TPG, Brookfield, Bain, and McKinsey to launch a consulting company. The venture guarantees investors a 17.5% annual return on the committed capital, equating to roughly $700 million per year, despite OpenAI projecting $14 billion in losses for 2026. OpenAI lost half of its enterprise LLM API market share from 50% to 25% between late 2023 and mid-2025, with Anthropic now at 32%. Anthropic matched with a competing $1.5 billion consulting venture backed by Blackstone, Goldman Sachs, and Hellman & Friedman. The combined spend by the two labs on human-powered enterprise deployment reached $5.5 billion in a single month.
OpenAI launched the OpenAI Deployment Company on May 11, 2026 as a majority-owned joint venture with approximately $4 billion in outside investment at a $10 billion pre-money valuation. TPG led the round with co-leads Advent International, Bain Capital, and Brookfield while Goldman Sachs, SoftBank, Warburg Pincus, BBVA, McKinsey, and Capgemini joined as backers. OpenAI contributed $500 million in equity with an option for $1 billion more and the venture stations engineers inside enterprises in healthcare, logistics, manufacturing, and financial services to build production AI systems exclusively on OpenAI models. Investors receive a guaranteed minimum 17.5% annual return over five years with profits capped and the 19 partners sponsor more than 2,000 businesses worldwide as a captive customer base. OpenAI acquired Tomoro, an applied AI firm with 150 Forward Deployed Engineers whose clients include Tesco and Virgin Atlantic.
OpenAI launched DeployCo on May 11, 2026, as a $4 billion-backed unit to embed AI into enterprise workflows via forward-deployed engineers. The initiative draws from Palantir's model and partners with Tomoro for implementation. DeployCo places OpenAI engineers directly inside customer organizations to accelerate adoption. The move expands OpenAI's enterprise revenue, which already exceeds 40 percent of total revenue.