
OpenAI Spoke with Officials About DeepSeek Data Probe
OpenAI Chief Global Affairs Officer Chris Lehane says the company has spoken with government officials about its ongoing investigation of whether China's DeepSeek used unauthorized data. Lehane spoke with Blomberg's Tom Mackenzie Monday at the Artificial Intelligence Action Summit in Paris. (Source: Bloomberg)

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DiligentIQ Announces Name Change to ToltIQ
NEW YORK--(BUSINESS WIRE)--DiligentIQ, the leading provider of AI-powered due diligence solutions for private markets, today announced it is changing its name to ToltIQ, effective immediately. The new name reflects the company's strategic positioning within the private markets due diligence landscape and distinctively captures what sets the company apart: the ability to rapidly surface insight from thousands of complex documents with extraordinary speed, stability, and ease. In an industry where time is everything, ToltIQ delivers a smoother, smarter, and more confident path from due diligence to decision-making. In an industry where time is everything, ToltIQ delivers a smoother, smarter, and more confident path from due diligence to decision-making. Share "The name ToltIQ was inspired by a moment during my time at KKR," said Ed Brandman, Founder and CEO of ToltIQ. "In an annual review, my boss shared how Icelandic horses have an additional gait, the tölt. It's smooth, fast, and efficient, with the rider barely feeling the effort. It allows Icelandic horses to navigate complex terrain. KKR was an intense firm to work at, as well as being very rewarding. The firm took on complex challenges that were often unique in the industry. My boss was asking me to find that 'extra gait', that fifth gear. Fortunately, I was able to accept that challenge and we remain good friends to this day. ToltIQ embodies this by helping investment teams move at extraordinary speed with clarity and grace." While adopting the ToltIQ name, the company is maintaining its iconic 'IQ' logo and overall visual identity. The corporate website, LinkedIn page and team email addresses will also reflect the new ToltIQ identity. The company anticipates completing the name change process in stages over the next two weeks to minimize any potential disruptions. The name change will not affect existing client access to the platform, and all client emails and access points will be automatically redirected with no action required from current users. ToltIQ focuses on collaborative workflows common on deal teams during diligence activities. Leveraging frontier models from OpenAI and Anthropic, ToltIQ enables investment teams to digest complex information and identify opportunities and risks with greater speed and accuracy compared to traditional methods. In benchmark testing initiated by clients, firms found 35% to 85% productivity gains, with certain diligence activities reduced from hours to minutes and multi-week projects completed in days. Want to see how ToltIQ can streamline your due diligence process? Schedule a demo at to discover how our platform transforms your workflow. About ToltIQ ToltIQ is the leading provider of AI-powered private market due diligence solutions for GPs, LPs, diligence advisory firms and Family Offices. By combining advanced artificial intelligence with deep private markets expertise, ToltIQ helps investment professionals conduct more thorough, efficient, and accurate due diligence. The company's platform securely ingests deal documents typically found in virtual data rooms while rapidly analyzing and categorizing them to extract critical insights. By delivering clear, actionable intelligence and reducing the need for manual workflows, ToltIQ enables investment teams to focus on what drives deal value - from growth opportunities and early detection of risks to operational improvements. ToltIQ was founded by Ed Brandman, former Partner, Chief Information Officer and Head of Credit Operations at global investment firm Kohlberg Kravis Roberts & Co. (KKR).


Bloomberg
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Sam Altman Says 2026 May Be a Big Year for AI
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Business Wire
an hour ago
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Mattel and OpenAI Announce Strategic Collaboration
EL SEGUNDO, Calif.--(BUSINESS WIRE)-- Mattel, Inc. (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, and OpenAI today announced a strategic collaboration to support AI-powered products and experiences based on Mattel's brands. The agreement unites Mattel's and OpenAI's respective expertise to design, develop, and launch groundbreaking experiences for fans worldwide. By using OpenAI's technology, Mattel will bring the magic of AI to age-appropriate play experiences with an emphasis on innovation, privacy, and safety. With more than 80 years of earned trust from parents and families, Mattel is a leader in adopting new technologies to enhance fan engagement in a safe, thoughtful, and responsible way. As a central part of this collaboration, Mattel and OpenAI will emphasize safety, privacy, and security in the products and experiences that come to market. In addition, Mattel will incorporate OpenAI's advanced AI tools like ChatGPT Enterprise into its business operations to enhance product development and creative ideation, drive innovation, and deepen engagement with its audience. With OpenAI, Mattel will have advanced AI capabilities that can power the development and operations of consumer products and experiences. Brad Lightcap, Chief Operating Officer at OpenAI, said: "We're pleased to work with Mattel as it moves to introduce thoughtful AI-powered experiences and products into its iconic brands, while also providing its employees the benefits of ChatGPT. With OpenAI, Mattel has access to an advanced set of AI capabilities alongside new tools to enable productivity, creativity, and company-wide transformation at scale." Josh Silverman, Chief Franchise Officer at Mattel, said: 'Each of our products and experiences is designed to inspire fans, entertain audiences, and enrich lives through play. AI has the power to expand on that mission and broaden the reach of our brands in new and exciting ways. Our work with OpenAI will enable us to leverage new technologies to solidify our leadership in innovation and reimagine new forms of play.' Mattel and OpenAI will continue collaborating to simultaneously develop a series of products and experiences. Their first product is expected to be announced later this year. About Mattel Mattel is a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world. We engage consumers and fans through our franchise brands, including Barbie®, Hot Wheels®, Fisher-Price®, American Girl®, Thomas & Friends™, UNO®, Masters of the Universe®, Matchbox®, Monster High®, MEGA® and Polly Pocket®, as well as other popular properties that we own or license in partnership with global entertainment companies. Our offerings include toys, content, consumer products, and digital and live experiences. Our products are sold in collaboration with the world's leading retail and e-commerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering generations to explore the wonder of childhood and reach their full potential. Visit us at