OpenAI tops $3.4B in annualized revenue / Apple passes Microsoft as most valuable company / OpenAI taps Oracle for growing compute demands [EN]

OpenAI's annualized revenue surpassed $3.4B, Apple briefly reclaimed the title of the world's most valuable company with a market cap of $3.3 trillion, Oracle announced a cloud infrastructure deal with Microsoft and OpenAI, Pope Francis will attend the G7 summit to advocate for AI regulations, over 80% of U.S. business owners plan to maintain or increase AI investments in 2024, and several AI startups, including Mistral AI and Cohere, secured significant funding rounds.